What you need to know
What makes BNB unique?
While many blockchains are trying to build an ecosystem, Binance is already operating one with a strong community, a large customer base and the target to on-board 1 billion users.
Does it have customer proof?
Binance raised 25m USD in 2017 from various investors, including Sequoia.The mainnet for the Binance chain went live in April 2019. Binance is building partnerships in Gaming, NFT and Fan Token projects e.g. by partnering with Formula 1 team Alpine.
What is the utility of the token?
BNB powers the BNB blockchain ecosystem as utility token for its dApps. Furthermore, it can be used to pay (less) trading fees on the Binance exchanges, to pay transactions fees on the Binance blockchains and even to pay for some real-world products.
Transactions / Second: 230
Transactions / €: 2,7
Energy efficiency: -