UNUS SED LEO (LEO)
UNUS SED LEO (LEO)
Coin: Binance Coin (BNB)
Binance Coin is the native currency of the Binance blockchain and the Binance Exchange.
Twitter Sentiment
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Tokenomics
Refers to the strength of the tokens supply and demand dynamics.
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Security
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Scalability
Refers to the blockchains ability to support increasing loads of transactions over time.
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Decentralisation
Refers to the degree to which control & power of a blockahin network is dispersed across a network and not controlled by a central authority.
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Applications
Refers to how well the projects core functions solve on and off chain problems.
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Team & Developers
Refers to the experience, knowledge and strength of the projects core team & developer community (ie. Github).
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Usage & Adoption
Refers to how widely used and adopted the projects core applications are by the broader economy.
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Community Strength
Refers to the size, loyalty and legitimacy of a projects community across Twitter, Reddit, Discord, Youtube & more.
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Overall Rating
Refers to the combined rank computed as a simple average.
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Investors:
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Disclaimer: Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
Binance is the largest cryptocurrency exchange in the world and aims to become the infrastructure services provider for the entire blockchain ecosystem. Although primarily used as a utility token upon its release in 2017, Binance’s BNB token has transformed into the primary cryptocurrency used across the Binance ecosystem.
In addition to fees, BNB can be used to invest in certain ICOs listed through Binance’s Launchpad program as well as enable travel booking, paying for online services, decentralised finance, and much more. Although having a cap of 200 million tokens, BNB uses an auto-burn system to increase scarcity and demand. The system adjusts the number of tokens burned each quarter based on the number of blocks and its price, ultimately aiming to cut its total supply in half to 100 million BNB. Binance increased the token’s popularity by introducing a discount program when exchanging BNB on its platform. Binance has also partnered with a variety of companies across the world and is supported by the pioneering payments and cryptocurrency platform, the mobile app, and the VISA debit card of Monaco.
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