BIRB : A Multi-use Token Created To Reward Holders

in blockchain •  4 years ago 

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Today, the world is overwhelmed by the potential of blockchain technology. Blockchain technology is designed as a ledger that accurately records transactions and will not allow manipulation and editing. Thus, seeing the capabilities of blockchain has motivated numerous companies and persons to incorporate blockchain technology in various industries and working sectors like medical, transportation, data, security, cargo and many more, wherein these industries are able to become more efficient, faster, reliable and secure in their activities.
Furthermore, blockchain has been the core foundation of revolutionary innovations like cryptocurrency and DeFi (Decentralized Finance). These innovations are the rivals of current centralized financial systems.
However, this article will be focusing on a project known as BIRB that is integrated with DeFi properties.
For those unaware, Decentralized Finance is a unique financial system that operates independently and enables users to trade, invest and transact peer to peer using cryptocurrencies via automated smart contracts without relying on credits union, banks, insurance fund etc.
DeFi is open, permissionless and borderless, wherein the protocol do not discriminate but anyone with internet connection can have access to financial services easily, affordably and equitably.
DeFi has become a game changer in modern financial system, hence attracting new and existing start-ups to adopt the model in bringing better products and services to people worldwide.
BIRB is one of those startups that have adopted DeFi Trend to provide high return benefits for cryptocurrency enthusiasts. Birb platform operates as one of the most prestigious and highly rewarding infrastructure that is made available to users across the world. The platform runs effectively with it's trademark currency known as BIRB token and some other innovative products.
Firstly, BIRB currency operates as a hyper deflationary cryptocurrency built on Binance Smart Chain to properly fuel transactions across Birb ecosystem. Both BIRB Token and Birb ecosystem was implemented by Birb's team to promote the project's popularity and ensure BIRB currency remains viable and truly usable over the years.
Some of the products available in the Birb ecosystem includes;

  • BIRB SWAP : This decentralized exchange comes with an extra layer of security that obscures users identity and allows easy as well fast swapping of different tokens.

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  • BIRB PAY : E commerce is a good starting point to help improve Birb ecosystem mass adoption and global acceptance. Thus, E commerce payments apps will be made available in Birb platform to enable online shops/merchants accept BIRB currency as payments while maintaining anonymity.

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  • BIRB SEND : Another crucial product available in Birb ecosystem that allows users to send or transfer BIRB tokens to anyone in the world through most social media platforms like Twitter, Whatsapp, Discord, Reddit and many more.

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  • BIRB GAMING PORTAL : It is majorly known that decentralized finance offer cryptocurrency users opportunity to boost their earnings through financial services like lending / borrowing, staking and yieldfarming. Thus, cryptocurrency users can expect similar high rewarding advantages in Birb platform via any of the 3 easy steps.
    Step 1: in Hatching, users can claim 1% reward of BIRB token daily.
    Step 2: users can Drain the pool (Hatch the Nest) as 6% of BIRB token in the pool are drained daily.
    Step 3: Top 200 BIRB token holders are incentivized every 3 days from 48% of drained BIRB tokens in pool.

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  • BIRB LOTTERY : Birb developers believe so much in rewarding their community, therefore Birb lottery functions as a fun medium for people to earn bountiful BIRB tokens.

Now, BIRB is created with massive potential to be a leading innovation in the crypto sphere and global market, hence integration of NFT marketplace in the ecosystem serve as a logical and important step to attract huge investors and audience to Birb platform.
Since it is rather difficult to establish a personal NFT market, BIRB NFT market hub offers a simple and booming framework that connects people willing to exhibit their artwork, bid and purchase auctioned NFTs at their convenience.
Interestingly, BIRB currency also plays role of a governance token across Birb ecosystem. Users with 50 BIRB token and more, can partake in votings pertaining upcoming projects. The developers engage in charity works to help needy people and animals, thus community voting is crucial for selecting charities that will receive proceeds from merchants stores. Moreover, Birb voting mechanism will prevent biased decisions and abuse of voting rights to build a fair, strong and successful community.

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Thanks For Reading, Use The Official Resources Below For More Information ;
Website: https://birb.co/

Telegram: https://t.me/BirbDefi

Twitter: https://twitter.com/BirbDefi

Instagram: https://www.instagram.com/birbdefi/

Writer Details,
BTT Username : Johnson Knight

BTT Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary

Wallet Address : 0x1093d8E136fEcA5579E836dCC6a2ceA1d8155611

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A recent project with impressive products, definitely worth looking into.