5. As a platform token, what are the differences and strengths of $BIB in comparison to other to

$BIB is distinctive in terms of functionality and application. Besides the common applications of platform tokens (IEO whitelist, discounts on trading fee, etc.), $BIB is extremely useful in BIB Meta ecosystem as it:

  1. Mints NFT through burning $BIB - Exclusive deflationary mechanism supports profits from platform token and NFT

  2. Endows NFT with value and liquidity - Support on values is provided

  3. Pays token dividends - $BIB holders get to enjoy dividends in BUSD

  4. Allows staking - $BIB holders get to mine $BIB through delegation to community nodes and pay 20% to the node owner as delegation fee

  5. Allows participation in GameFi: Users get to take part in various GameFi in the BIB Meta ecosystem using $BIB

Last updated