The Benefits of BKD Token Scarcity

in backed •  2 years ago  (edited)

2wuwy4uY_400x400.jpg

Have you ever thought about why certain things are worth more than others? For example, a diamond is worth more than a piece of coal even though both are made of carbon. The difference is in the supply. Diamonds are much scarcer than coal, so they are naturally worth more. The same is true of BKD tokens. There is a limited supply of just 6 million BKD, making them scarce and therefore valuable. Let's take a closer look at why scarcity makes BKD a good investment.

Supply and Demand

The basic law of economics tells us that the price of a good or service is determined by the interaction of supply and demand. If there is high demand for a product but low supply, the price will be high. On the other hand, if there is low demand and high supply, the price will be low. So, when considering whether to invest in something, it's important to look at both the supply and the demand.

3.JPG

In the case of BKD, there is relatively high demand but very limited supply. This combination means that the price of BKD is likely to continue to increase as more people become aware of the token and want to purchase it. Investing in BKD now can help you get ahead of the curve and maximize your profits down the road.

Stable Value

Another reason to invest in BKD is that its value is relatively stable compared to other tokens on the market. For example, Bitcoin has seen tremendous volatility over the past year alone, swing from around $20,000 per coin to less than $4,000. While prices could potentially rebound in the future, there's no guarantee. This type of volatility can be very stressful for investors who are trying to grow their portfolio.

Capture.JPG

With BKD, on the other hand, you can rest assured knowing that your investment is safe from major swings in price. The team behind BKD has taken steps to ensure that its value remains relatively stable regardless of what happens in the wider world of cryptocurrency. This makes it an ideal choice for anyone who wants to invest in digital currency without having to worry about losing everything overnight.

Fb-cTgOWQAkBD2k.jpg

The BitKong Decentralized Exchange (BKD) is a new way to trade digital assets. The BKD is backed by financial institutions and backed by the full value of the underlying asset. The BKD is capped at 6m tokens, making it naturally scarce. During the initial token sale phase, up to 5 million BKD tokens will be distributed according to demand. The remaining 1 million will be retained by the founding team and/or used for marketing purposes. The price will start at 0.00001953125 Bitcoin. For every 500,000 tokens distributed, the price of BKD compared to BTC will double. If we sell all 5 million tokens during the initial token sale, the price will 512x.

FX9UpS_WYAUW4cJ.jpg

If you're thinking about investing in cryptocurrency, BKD tokens are a great option to consider. Thanks to their scarcity and stable value, they offer investors a way to grow their portfolios without having to worry about volatility or sudden changes in price. Contact us today to learn more about how you can get started investing in BKD tokens!

#BKD #BACKED #COMPANYCOIN #DEFI #BSC #BSCGEM #BackedTeam

More Information :

Web : https://backed.finance/

Twitter : https://twitter.com/BackedTeam

Facebook: https://www.facebook.com/Backed.finance

ANN : https://bitcointalk.org/index.php?topic=5403653.0

LitePaper : https://backed.finance/litepaper

Linkedin : https://www.linkedin.com/company/backedteam/

Airdrop: https://backed.finance/airdrop

Open App: https://app.backed.finance/

Author
Forum Username: edisonali
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1994251
Wallet Address: 0x4c189d00BeD6c861d5025e6d6B9C1Aef117Dd755

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!