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The high cost of Bitcoin and the market’s volatility don’t entice beginner-level crypto investors. However, as Bitcoin is still an unparalleled crypto to store value, BitNance emerges as an alternative that embraces the same ethos while providing something different.
Taking inspiration from Bitcoin but applying the same fundamentals to a proof-of-stake blockchain—Binance Smart Chain—BitNance promises to be a community-centric, decentralized ecosystem that can potentially grow with time.
Will it grow enough to compete with the world’s leading crypto? Now that BitNance (BTN) has arrived as a presale, that’s the question to ask.
Complete Decentralization to Empower Investors
BitNance specifies on its official website that its primary goal is to offer users a community-focused and governance-secured model.
This approach prioritizes the freedom and security of digital assets, creating a resilient ecosystem.
BitNance, whose name is essentially a blend to emphasize its “Bitcoin on Binance” structure, will use a different type of consensus model.
“Randomly Picked Voting” is the core of this approach, and it will boost BitNance’s energy efficiency and make it more resource-optimized.
The developers’ renouncement of the smart contract further reinforces BitNance’s promise of community-led governance. With the community at the forefront of this token, a democratized economy will likely emerge from within BitNance’s ecosystem.
Half the Supply To Double the Impact
BitNance’s cleverly designed tokenomics involves making the token supply of the BTN token 10.5 million, which is exactly half of Bitcoin’s total supply.
This design will reportedly encourage scarcity, increasing the token’s value over time because as the project’s popularity grows, its demand will outweigh its supply.
BitNance promises that the token supply will benefit the ecosystem by making it a hedge against ongoing inflation. With this approach, BitNance can outcompete other recent tokens with enormous supply but little value.
Balancing Scarcity and Accessibility – The Core Ethos of BitNance’s Tokenomics
BitNance’s tokenomics is entrenched with the core beliefs of decentralization. It has been done to provide all an equal opportunity to investors to buy $BTN.
With a total supply of 10.5 million, the token has prioritized scarcity. To further consolidate its decentralized position, it has allocated 75% of its total supply—7.75 million tokens—to presale and liquidity. The remaining assets—2.75 million—have been reserved for listing on centralized exchanges.
By not assigning tokens to its team, BitNance raises the stakes, aiming to closely replicate Bitcoin while being more affordable and accessible.
Roadmap Dedicated to Precise Growth
BitNance has not chosen an outlandish roadmap that can’t deliver on its promises. Instead, its path toward growth is all about precision and goals that match the type of asset it is.
The smart contract launch has happened, and the publicity campaign is in full swing. Once the presale concludes, efforts will be made to make this token go live on a centralized and decentralized exchange.
At the same time, the project will move into full community governance, hoping to increase the token’s market capitalization through the community’s dedication.
The project’s official website calls all financial advocates to rally behind BTN, promising a 1000% ROI for early investors.
Will BitNance Succeed in Surpassing Bitcoin?
BitNance is offering users a more affordable iteration of Bitcoin. Being active on the Binance Smart Chain also appeases users looking for an eco-friendly cryptocurrency investment.
In addition, the project’s supply is only 50% of Bitcoin’s. This strategic implementation makes BitNance more scarce than the world’s leading crypto.
Considering the combined implication of these factors, it could be possible for BitNance to experience exponential growth.
However, in the long run, how the community perceives it will determine what kind of trajectory BitNance follows regarding its price, as that will determine how it will measure against Bitcoin.
Those interested in using this alternative crypto as a store for value can visit the official BitNance website.
We recommend keeping tabs on the project’s social media handles.
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