What Is Baby Bitcoin (BBTC)?
Baby Bitcoin is a project developed to generate value beyond crypto by bringing various benefits to society. The project aims to mitigate the vulnerabilities which exist with children in El Salvador. According to the website of the asset, in order to fulfill this idea, Baby Bitcoin has developed a community-based ecosystem. The ecosystem seeks to develop assets and functionalities that are profitable, interesting, and entertaining for users. These projects include online radio, virtual casinos, online games, lotteries, NFTs, and more.
The projects seek to help increase user engagement and activity on the Baby Bitcoin’s ecosystem, in turn allowing the project to develop a smart economy. The smart economy aims to highlight a revenue generation mechanism for the project through taxation structure on different transactions within the ecosystem, thus allowing the project to seek to generate the capital to fulfill its mission of mitigating vulnerabilities for children in El Salvador. This operation will be carried out by the project through collaboration and funding the organization that actively functions in El Salvador for children’s welfare. The overall operational structure and ecosystem of the project are supported by the cryptocurrency of the project, BBTC.
The BBTC is the native utility token developed on the Binance Smart Chain. The token aims to serve many different utilities within the project, including the following:
Charging and collecting tax on the transactions within the project’s ecosystem
Purchasing and trading NFTs within the project’s ecosystem
Rewarding token holders of the project
Carrying out marketing and development of the platform
Underwriting in the liquidity pool
Funding the charitable mission of the project
Besides these utilities, the token also aims to facilitate all other possible transactions and activities within the Baby Bitcoin’s ecosystem, thus helping to maintain a balanced environment of crypto activity with the charitable vision for which the project was initially developed.
History of Baby Bitcoin (BBTC)
The project Baby Bitcoin was developed by Dev Mexos. According to the smart contract license ID of the asset, the project was launched on June 26, 2021. The token of the project has a maximum total supply of 1,000,000,000,000,000 BBTC.
