Avocado Coin - A Crypto Platform Built on the Binance Smart Chain

in #avocadocoin2 years ago

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The new startup Avocado Coin is a decentralized gaming community built on the Binance Smart Chain. The company has raised $18 million in a Series A funding round, valued at over $200 million. The company is backed by investors including Animoca Brands, QCP Soteria Node, Three Arrows Capital, and Polygon Studios. The community is predominantly made up of gamers from Indonesia and the Philippines. The Binance Smart Chain is a decentralized blockchain that runs smart contracts. Each transaction on the blockchain is powered by a native token. The native tokens used on the Binance Smart Chain are known as 'BSC's', and are used to power incentive structures and blockchain governance. The BSC's native token, called 'BSC', utilizes the BEP-2 template. Several dApps also use the BEP-20 standard to create their own'smart contracts.

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While the Ethereum network is the top cryptocurrency, Avocado Coin is also a blockchain-based gaming platform
The Binance Smart Chain is the foundation for decentralized finance. The front web-face of a decentralized application uses smart contracts to make transactions, but the terms are interchangeable. The BSC uses native tokens to run smart contracts. The native tokens also serve as the platform's incentive structures and governance. Besides Binance Coin, Avocado Coin is built on Binance Smart Chain.While the Binance Smart Chain is the most centralized public blockchain, its long-term viability is dependent on the company's business practices. The cryptocurrency exchange's lightning-speed network and low transaction fees have made it the most popular smart blockchain. With a range of trading options and low transaction costs, the Bitcoin-like currency Avocado Coin is a great place to start investing in the crypto space.It is a platform based on the Binance Smart Chain, which is an open source blockchain. The first two years of the project have been crucial to the success of Avocado Coin. The Bitcoin-like cryptocurrency is a decentralized gaming community that is built on the Binance Smart Chain.

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Why will the Avocado Coin be so valuable?

Few cryptocurrencies in the world have a project behind them; many were created as a store of value or simple speculation. And currencies like Bitcoin are backed by the trust it generates in their community. Avocado Coin is the first currency backed by an innovation project in agriculture of such magnitude. Our purpose is clear; we want to transform today's agriculture to build future sustainability and growth. We have a clear business plan and a strategy to follow; that is why our scheme ensures that the coin will continue to appreciate over time; besides, it is a finite store value like Bitcoin, having only 21 million coins available.

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Advantages Of the Binance Smart Chain

The Bancor network is the main protocol for Bitcoin, while the Binance Smart Chain is a decentralized exchange for digital currencies. As with other decentralized platforms, Bancor will provide the infrastructure for the exchange to function. The network has been designed to be both fast and secure, allowing users to conduct trades in a matter of seconds. The Blockchain will allow traders to trade Bitcoin and other digital assets with ease. The ICO is a good way to make money, and it will also allow the users to earn rewards, but the real test will be whether it is worth the investment. The Bancor blockchain is compatible with Ethereum. It offers the same smart contract capacity as Ethereum and cheaper fees. By using the Binance wallet, you can transfer your BNB to BSC and vice versa. Then, you can use the Binance Bridge to perform cross-chain transactions. You will need a VPN to access the BSC network. However, the newer it is, the better for you.

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Conclusion

Bancor is a decentralized blockchain that is built on Binance Smart Chain. The Binance blockchain is based on a Proof of Stake algorithm, which provides a three-block time for transactions. The government mechanism is based on a Proof of Staked Authority. In addition to these features, Binance is also building a decentralized financial system on the BSC. The Bancor network also supports Ethereum applications, such as MetaMask. By using the Binance Smart Chain, you can get access to a broader set of services, including exchanges, ATMs, and more. You can easily transfer BTC between your wallet and your bank account.

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