What is Santa Coin based on?
SANTA is a coin that depicts a meme or cultural phenomenon. It was first launched, and within a week of its introduction, it had formed a substantial online community of its own, which has continued to grow to this day. The cryptocurrency's market valuation reached $0.9 billion in mid-December and $1.5 billion in January 2022, despite the fact that it only has 12 million coins in circulation, according to CoinMarketCap.
SANTA Coin is the only meme that can be used in a real-world situation. Due to the fact that it was created on top of the Cardano blockchain, it is both secure and immune to volatility in the cryptocurrency market. Everybody may utilize our blockchain, thanks to its unique technology, which was developed in accordance with the ideas of the Block Template Principles.
The objective of Santa Coin:-
The objective of SANTA Coin is to make blockchain technology more widely available to the common population by lowering the barrier to entry. Due to the complexity of blockchain technology, it may be difficult to explain without seeming as if you're speaking in a foreign tongue. Almost everyone can agree to the fact that the bitcoin sector is booming right now. New innovations like set-aside funds (DeFi), not-for-profit tokens (NFTs), and meme coins develop as a result of this process.
In particular, meme coins are well-known because of Elon Musk's affection for the Dogecoin cryptocurrency (DOGE). The growth of other meme coins, such as Safemoon, Shiba Inu (SHIB), and a slew of others has resulted as a result. SANTA Coin is a meme coin that takes the place of Bitcoin (BTC) and Ethereum (ETH) in the market by being backed by a real-world asset.
What does Santa Coin offer?
SANTA Coin is based on the Cardano blockchain. SANTA Coin offers an innovative solution to some of the problems that have been identified with other cryptocurrencies. For example, Bitcoin has scalability issues because it can only handle a certain number of transactions per second. Ethereum has suffered from congestion due to its popularity, resulting in high transaction fees and long wait times. SANTA Coin has solved these problems by using a unique algorithm that allows for faster transactions and lower fees.
SANTA Coin also has smart contract capabilities, which allow for transactions that can be reversed in the case of a dispute. Additionally, all Santa Coins come into existence via airdrops and not mining, so there is no need to worry about expensive equipment racking up your electricity bill. SANTA Coin is currently available on three separate exchanges: HitBTC, Upbit, and Binance.
Benefits you get:-
SANTA Coin offers several benefits over other cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). First and foremost, Santa Coins can be used like traditional money because they are based on blockchain technology. This means that you do not have to convert them into currencies when paying for goods or services; all you have to do is scan the code. Secondly, Santa Coin transactions are extremely fast and take place within seconds. This may not seem like much of a difference, but if you're someone who has used Bitcoin (BTC), then you know that long transaction times can be frustrating. Additionally, Santa Coins offer very low fees when compared to other cryptocurrencies.
SANTA Coin also offers rewards for holding the currency in your wallet called staking rewards. Staking happens when mining does not occur on the network at all so Santa Coins are no longer being created by people burning electricity to create new coins. Instead, tokens are distributed according to how many coins an individual holds in their wallet as recorded on their ledger which accounts for how many coins they own. Staking rewards are subject to change depending on the input of Santa Coin users, which means that if an individual has a strong opinion, they can vote for it and increase or decrease staking rewards accordingly. #busd #binancechain #btc #bsc #evergrow
SANTA Coin also offers smart contracts that allow for transactions to be reversed in case of disputes. This is particularly helpful for individuals who do not trust one another because both parties can agree beforehand that any transaction will be reversible within a certain period of time. Santa Coins do not have to rely on third-party services such as PayPal since all transactions are secure and transparent using blockchain technology. What's more, is that SantaCoin allows anybody from anywhere in the world to utilize their platform without being subjected to inflation from other coins. SANTA Coins were created with the intention of being global and useful for everybody which is why they are called Santa Coins. #santacoin #cryptomoonshots
Ending with proofs:-
Ethereum, Bitcoin, and Litecoin are all great coins but SANTA Coin offers something different that stands out from the rest. SANTA Coin is a meme coin that takes the place of Bitcoin (BTC) and Ethereum (ETH) in the market by being backed by a real-world asset. SANTA Coin is based on the Cardano blockchain, which was created by Charles Hoskinson, one of the co-founders of Ethereum. SANTA Coin offers an innovative solution to some of the problems that have been identified with other cryptocurrencies.
More Info About Us:
WebPage Link: https://santacoin.io
TeleGram Link: https://t.me/santa_coin
Raddit: https://www.reddit.com/r/SantaCoin
Announce: https://t.me/santacoin_news
Twitter: https://twitter.com/Santa_Coins
Content Author:
B.C.T Username: bitcoinminer566
TeleGram Username: @bitminer566
B.C.T User Profile Link: https://bitcointalk.org/index.php?action=profile;u=2236397;sa=summary
BEP20 Address:
0x195e095bA615b142d0921c2c6D1437ad2C7a7757