What is the project about? Bahamas Network $BN is a project building a Proof-of-Authority (POA) blockchain network that aims to
address the shortcomings of low-fee chains that have become breeding grounds for scams and malicious activities. The Bahamas Network will offer several features, including a swap, bridge and wallet to make it an attractive option for developers and users alike. The chain will be secured by the POA consensus algorithm, which makes it fast, efficient, and highly secure. The fees generated on the Bahamas Chain will mostly be used to
burn $BN tokens through a high burning mechanism
What makes your project unique? One major issue that has plagued the blockchain ecosystem is the prevalence of low-fee chains. These chains have attracted many developers and projects, but they have also made it easy for bad actors to launch scams and other malicious activities. The Bahamas Network aims to address this problem by being a high-fee chain. The high fees will discourage bad actors from launching scams and other malicious activities on the network. Instead, the fees will attract committed developers who are serious about building quality projects.
History of your project. The blockchain development has been in progress since April, 2023. This was followed by a successful presale in early September 2023 and the release of the testnet of the blockchain. Also, the token has been launched first on Ethereum network on 19th September, 2023.
What’s next for your project? The release of the mainnet on 1st October together with the swap and bridge.
What can your token be used for? The token will be used a gas fees for the Bahamas Network blockchain.
Where is Bahamas Network available for purchase?
You can exchange BN tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Bahamas Network is Uniswap V2 (Ethereum), notably the BN/WETH pair, which saw a trading volume of $ 67.8 in the past day.
What is the highest value Bahamas Network (BN) has ever reached?
Bahamas Network (BN) reached its peak price at 0.03951 $ on 27 July 2024, approximately a few seconds ago ago. Presently, the current price is -98.53% lower than this all-time high.
What is the historical minimum price for Bahamas Network (BN)?
The minimum price reached for Bahamas Network (BN) was 0.0004546 $, documented on 27 July 2024, more than a few seconds ago. In comparison, the current price is 27.59%, it above this historical low.
What is the fully diluted valuation of Bahamas Network (BN)?
The fully diluted valuation (FDV) of Bahamas Network (BN) stands at $ 5,800.54. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 BN tokens. The realization of this FDV might take several years depending on the emission schedule of BN tokens.