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NEWARK, DE / ACCESSWIRE / October 30, 2021 / A project launched just over a month ago has taken the crypto world by storm. EverGrow Coin, a deflationary token designed to become scarce over time, was released without the usual hype or paid celebrity promotions, and yet it has grown organically to record highs in a very short period of time.
A mature team of developers, marketing experts and finance professionals implemented the revolutionary contract, which pays 8% of all transactions back to BUSD holders; a regulated, fiat-backed stablecoin pegged to the US dollar. In the past few days, the project has passed the 55,000 investor mark, a market cap of $ 900 million, and is quickly approaching the $ 10 million in rewards split among holders since its launch. The team created a dashboard where anyone can track the rewards paid by the contract, both for individual portfolios and the combined total. https://app.evergrowcoin.com/dashboard.
The project uses its unique Tokenomincs and smart contracts to achieve this. It redistributes 8% of each transaction carried out in its network to the community with BUSD. This means that holders have direct access to passive dollar income instead of exchanging any other token to accumulate such a payout.
The coin is also twice as rewarding as its closest competition, as half of the tokens were burnt on launch and an additional 1% has been burnt since. The Airdrop and Team Wallet, an additional 5%, are locked and do not receive any rewards. This means that the prizes are distributed between only 44% of the total coins, which means that everyone has a much larger share.
The team behind EverGrow plans to develop several products in its ecosystem to increase the usefulness of the EGC token, as outlined in the roadmap. This will include the Binance Smart Chain-based NFT Marketplace and Content Subscription Platform. The team sees this as a critical factor and knows it is necessary, which is mostly overlooked by many similar projects, which have relied on hype and endorsements to raise the price, rather than utilities. that will encourage people to own and use the coin.
One of the major Ethereum Chain-based NFT marketplaces recorded a trading volume of $ 3.4 billion last month, briefly stalled on Sunday last week. This was due to the long block confirmation delay and high fees from the Ethereum chain. For this reason, it is evident that the NFT market has been slow on the Ethereum chain. Likewise, even Solana experienced similar exhaustion issues in September due to a huge wave of publicity and cash flow on Solana. All of these problems can be attributed to the explosion of NFT creativity on the chain, making it even more essential to find better and more stable solutions.
Based on Binance Smart Chain (BSC), The EverGrow NFT Marketplace will potentially fill this gap. Given the conditions, EverGrow Coin expects to launch the market in just a few weeks. The NFT Marketplace will allow creators to mint their NFTs and sell them on EverGrow NFT Marketplace.
The best thing about this platform will be its affordability. This NFT marketplace will be cheaper and offer better and faster transactions, all made possible by the Binance Smart Chain. Soon after, EGC will launch its content subscription platform which allows fans to enjoy exclusive content from their favorite influencers and curators. Content subscription will be built around EGC acting as the native currency and will allow fans to directly purchase subscriptions and tips from curators in EGC $ tokens. Another unique product from a crypto project that hasn’t been around for more than a few weeks.
Social Links Twitter – https://twitter.com/evergrowcoinEGCDiscord – https://discord.gg/P3DAFUzyYyTelegram – https://t.me/evergrowcoinFacebook – https://www.facebook.com/evergrowcoin/
Media DetailsCompany: EverGrow CoinEmail: [email protected]Website: https://evergrowcoin.com
SOURCE: EverGrow Coin
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