Binance Smart Chain Station Review

Quick Summary

  • Binance Smart Chain Station is building a full-stack DeFi with NFT Auction on the Binance Smart Chain (BSC). It’s an infrastructure for DeFi and NFTs powered by BSC.

Play-to-earn (P2E) games have become commonplace attracting investors. These kinds of games allow users to earn rewards in form of tokens and NFTs. BSCS is an advanced crypto/NFT platform with many available tools. Read more to find out. 

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Binance Smart Chain Station 

BSC Station (BSCS) aims to build a full-stack DeFi with NFT Auction on the Binance Smart Chain (BSC). It will become an economic infrastructure for DeFi and NFTs powered by Binance Smart Chain. BSCS operates on one of the top existing blockchains BSC that is designed to offer maximum value to consumers and institutions

BSC has solved the problem of infrastructure in the context of BSCS’s product, meaning BSCS represents the ideal use case to leverage the technologies offered by its platform. BSC Station has only raised the most necessary funds for Product Development and to help the BSCS ecosystem grow sustainably, bringing more value to users through mainstream products. 

All allocation for Team members, Advisors, Partner and Foundation tokens are reportedly locked for at least 1 year (April 2022), the rest of the tokens are allocated to the community via token sale, Bounty and Airdrop, Liquidity Provision and rewards as well as Marketing actions.

BSCS Products & Investors

BSC Station has many products as a company besides their native token BSCS. It consists of an NFT marketplace, where you can find all kinds of digital artworks. BSCS also offers farms, start pools, IDO pools, launchpad options and staking. 

https://cointelegraph.com/press-releases/real-realm-announces-funding-partnership-with-bsc-station

Lately, a blockchain-based war strategy game Real Realm has unveiled its strategic partnership with Binance Smart Chain (BSC) Station and organized a decentralized initial DEX offering (IDO). BSCS has also partnered with several other investors and businesses including Lotus Capital, AU21 Capital, Basics Capital, BSC Station, KaiStarter, and over 20 other investors.

Token Information (BSCS)

BSCS was launched in April 2021 very successfully as the token rose by more than 500% in a matter of a week. However, the price declined rapidly after that and later stabilized with a current price of around $0.22. This project is offering many products but only has a market cap of a little over $8 million. The max supply of tokens is set at 500,000,000 and 7% of them are in circulation. BSCS is listed on some well-known exchanges like Gate, MEXC, PancakeSwap. The token is offering huge potential in the future if more projects and crypto-enthusiasts start to use their product.

source: coinmarketcap

Conclusion

BSCS is one of the most interesting crypto/NFT projects of 2021 that still did not receive enough recognition and offers a lot of growth potential. However, for the platform and token price to grow, BSCS needs to find more people as every project grows with people, not without them. 

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sources: coinmarketcap, cointelegraph, bscstation

author: Rene Remsik

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.