Raymondavid
4 min readMay 24, 2021

--

$100x Token – A Deflationary Community Coin Built on the Binance Smart Chain.

The Binance Smart Chain (BSC) is the hotbed for many revolutionary projects in the crypto-sphere. BSC is a revolutionary blockchain network that seeks to offer better features that are missing on other blockchains, especially the Ethereum blockchain network.

The $100x Token will be the first crypto asset to be listed on the Binance Smart Chain (BSC) to target the thousands of cryptocurrency enthusiasts who are huge fans of solid projects.

This project's founder is Ken the Crypto. He is a cryptocurrency trader and investor who has made six figures from cryptocurrency trading and investment.

He is pushing this project to offer more unique opportunities to thousands of cryptocurrency enthusiasts who want to get the most out of the cryptocurrency ecosystem.

Target Audience

The $100x Coin project targets 2 distinct groups in the cryptocurrency ecosystem. These categories of users are going to play important roles in the advancement of the broader $100x Coin project in the coming months.

The first target audience is Cryptocurrency Experts. These are the individuals who have gained mastery of trading cryptocurrencies in the last couple of years. Besides, the Cryptocurrency Experts would be expected to have participated in some of the high growth projects that are similar to the $100x Coin. More so, the team behind this project is looking to leverage the mastery of these experts to train beginners to become experienced traders too.

The second target audience is the Beginners or First Time Buyers, who are new to the world of cryptocurrency trading and investment. For this category of users, the $100x Coin project would offer them the opportunity to learn more about cryptocurrency trading and investment. The newbies would also be drilled on the importance of making independent research while investing only the funds they are willing to leave for some time to grow.

Launchpad for DeFi Projects

Decentralized Finance (DeFi) projects are prioritized on the $100x Coin ecosystem. As such, this project has set up a decentralized Launchpad that is dedicated to the launch of new cryptocurrency projects.

Besides, the introduction of the Launchpad for DeFi projects is also one of the ways that the $100x Coin project would introduce the mechanics of Venture Capital into the ecosystem.

Deflationary Mechanics

Another feature of the $100x Coin project is the deflationary mechanics that are powered by the 3% token burn and deflation that is done for every transaction done with the $100x Coin token. That way, a total of 3% of the $100x Coin token will be constantly burned and taken out of circulation.

In the long run, this and many more mechanics will trigger an increase in the valuation of the $100x Coin token.

Project Values

The $100x Coin project has several values that include supporting other cryptocurrency projects and communities, transparency, shilling the project, and educating the users about cryptocurrencies and blockchain technology.

Final Thoughts

The $100x Coin sounds like a good project that is worth investing in before it goes to the moon. With a popular and experienced cryptocurrency trader and investor leading the pack and a team of professionals backing him – there are lots of reasons to be bullish about this project.

You want to invest in time before the Bull Run ends so you can be a part of the first thousand members to get the most out of what this project offers.

For More Information About 100x please visit

Website

Telegram

Twitter

Reddit

Whitepaper

You can Track 100X on

Coinmarketcap

Coingecko

Details About The Author

Authors Proof Of Authentication

Authors Alcointalk Profile Link

--

--