BemchainPrice

(BCN)

Bemchain (BCN) is a digital asset initially built on the TRC-20 blockchain, emphasizing security and decentralization. The project has outlined plans to transition to its own dedicated blockchain, bemscan.io. This proprietary blockchain aims to deliver faster transaction speeds and reduced costs, leveraging a Proof-of-Authority (PoA) consensus algorithm to achieve its operational goals and enhance its ecosystem's efficiency.

BCN serves multiple core functions within the Bemchain ecosystem. It is the primary payment method for the "BCN Garden" NFT collection and will be integral to an upcoming NFT and gaming platform. Plans also include its use in a multichain Decentralized Exchange (DEX) and to facilitate blockchain-based games. Furthermore, BCN is designated as a governance instrument for specific aspects of the Bemchain blockchain. Beyond these, BCN offers broader utility for general investment purposes, online payments, engaging in arbitrage trading, and generating yield through mechanisms like staking or lending.

The BCN token's initial offering began with a private sale on July 7, 2021, which was subsequently followed by a public sale. The first product associated with Bemchain was released on February 6, 2022. The broader Bemchain project commenced its launch phase in March 2021, reached completion in May 2021, and was officially registered on May 11, 2021, marking key developmental milestones.

The total maximum supply of Bemchain (BCN) tokens is capped at 500,000,000 units. A distinctive characteristic of BCN's tokenomics is that this entire allocated supply is currently in active circulation, ensuring transparency regarding its distribution from inception.

BCN can be readily acquired on reputable cryptocurrency exchanges such as LBank. Additionally, users can obtain BCN via a Web3 Wallet by utilizing decentralized exchanges (DEXs), especially since it may not be directly listed on all major Centralized Exchanges. Certain platforms, including LBank, may also present opportunities to earn BCN through specific programs like "learn2Earn," "Assist2Earn," or potential airdrops offered through initiatives like the LBank Launchpad.

Bemchain places significant emphasis on both transparency and security as foundational pillars of its operation. The project leverages the inherent robust security features of the TRC-20 blockchain, which is designed to protect transactions and user investments effectively. Furthermore, Bemchain provides its community and stakeholders with Bemscan.io, a dedicated tool that enables real-time monitoring of the network's activities and the movement of BCN tokens, fostering an environment of verifiable transparency.