What Is Crypto Snack (SNACK)?
The Crypto Snack brand is a fun and innovative DeFi Token that’s focused on growing the crypto community. It has 3 distinct brands – Snack Token, Green Snack and Snack Gaming. Crypto Snack is launched on the Binance Smart Chain to benefit from super low transaction fees and one of the fastest settlement times. Snack is focused on becoming the number one Token in the iGaming Industry.
The Worlds Fastest Growing iGaming Token. Crypto Snack Coin is focused on growing the crypto community through its 3 distinct brands – Snack Token, Snack Gaming and Green Snack.
Snack is building a community of iGaming Players, Crypto Traders and Snack Holders (Snackers). Crypto Snack is the first specialized token for iGaming, eGaming and eCommerce launched on the Binance Smart Chain with special ties to the Gaming industry.
The token is already partnered and listed with one of the biggest payment processors in the world. This partnership also gives Crypto Snack access to more than 800 Online Business, allowing holders the opportunity to play on their favorite platforms or to do their daily shopping using Snacks as a payment method.
Important Points Table Of Crypto Snack
| Basic | Points |
|---|---|
| Coin Name | Crypto Snack |
| Short Name | SNACK |
| Max Supply | 10,000,000,000 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Continental & Trade On Exchange?
SNACK Token
Crypto Snack token (SNACK) is a BEP-20 token standard, native to the Binance Smart Chain (BSC). SNACK currently offers great utility within the iGaming Industry, SnackSwap ecosystem, including representing governance rights in votes on updates or proposals to the protocol through DAO. Additionally, in the future the Crypto Snack protocol allows users to earn rewards by providing liquidity using the SNACK token.
This can be achieved with a simple Binance Smart Chain contract in JulWallet, TrustWallet or MetaMask wallet integration. Furthermore, Crypto Snack is one of many decentralized applications (dApps) that form the Binance ecosystem. In parallel, Crypto Snack is building a platform that is a fully decentralized and democratized AMM that serves the interests of the Snackers community. Crypto Snack will also focus on the future by entering into e-commerce and neo banks.
The original token supply of Crypto Snack (SNACK) was 10,000,000,000 SNACKS. Burning in the future is possible but the ability to mint SNACK is not available. The SNACK TEAM have LOCKED SNACKS to help achieve the long term goals of the project and reassures users that the Snack Team will only release the Snacks when the governance of the token authorises it. The purpose of locking tokens is to be as transparent and legitimate as possible so the Snacker community knows that the Snack Team is in the project for the long term.
Binance Smart Chain
Binance Smart Chain (BSC) has over 125 Million wallet addresses and aims to make DeFi accessible for everyone. By facilitating low-cost, cross-chain token swaps and simple Binance Smart Chain MetaMask integration, BSC lowers the barrier of entry to DeFi. This is the reason BSC was chosen for Snack to run on because of all the benefits it offers users. BSC and ETH run on parallel chains so it is easy for Snack to use MetaMask. MetaMask is a web3 wallet — an online ‘hot’ wallet that features in your browser. MetaMask makes it super easy to interact with hundreds of platforms across different blockchain networks.
Snack Token
Crypto Snack token (SNACK) is a BEP-20 token standard, native to the Binance Smart Chain (BSC). In the future SNACK will offer great utility within the SnackSwap ecosystem, including representing governance rights in votes on updates or proposals to the protocol. Additionally, SNACK tokens in the future will be used as liquidity rewards. The Crypto Snack share of these supplies is proportional to the amount of liquidity provided to the protocol: a maximum cap of 5000 SNACK per block and a minimum supply of 1 SNACK per block is in place. Supply to the DEX exchanges will always remain at 10,000,000 until SNACK lists on a centralised exchange. The total supply of Crypto Snack (SNACK) tokens is 10,000,000,000 SNACKS.
Snacker Community
The Snacker Community is the most important piece of the Snack universe. Snack will bring a diverse community to its ecosystem. Because the Snack brand brings together Crypto enthusiasts, All levels of iGaming participants, the environmental community and everyone who is looking to move away from Fiat Currencies to a better option. Crypto Snack is working to create a delicious, democratised and decentralised exchange (DEX). This will be built thanks to the community of Snackers! The important thing right now is to continue to grow community and increase snack holders. The team believes in the DeFi governance model that gives real power to all SNACK holders.
Why use Crypto Snack?
There are several reasons that are causing people to turn away from Ethereum Network towards Binance Smart Chain (BSC). BSC is faster and cheaper to use than Ethereum. With gas prices reaching incredible heights, many simply can’t afford to use Ethereum-based DeFi protocols. BSC has a fixed transaction fee which can be as low as 1 cent. Furthermore, block confirmation times are around three seconds per block.
Also, when compared to Ethereum, BSC has a much lower barrier to entry. The Binance ecosystem is thriving at the moment, with several successful projects all supported by one of the largest and most successful blockchain communities around. With Ethereum Virtual Machine (EVM) compatibility, BSC makes it seamless for Solidity developers to go ahead and move to the new BSC platform. All these benefits make Snack the perfect payment method for iGaming, e-commerce and the new age of digital banking.
Snack Casino
Snack aims to be the number one token within the iGaming industry. To achieve Snacks goals the Snack brand will open its own online crypto casino based on the Snack Token. The Crypto Industry and the iGaming Industry have many crossovers and share several benefits for both the user and operator. Crypto Snack will be a disruptor to the current landscape as it will not only be a recognized casino affiliate it will also be an operator and a currency used to play.
Having full utility in the iGaming space is a unique advantage that will really benefit the Snacker Community. To further benefit the Snack Community, a percentage of the Snack Casino profits will be added to the DEX liquidity pool to increase the value per Snack token without buying or increasing the token supply.