MoonBeansPrice

(BEANS)

MoonBeans is a Web3 project primarily known as an NFT marketplace operating on the Moonriver and Moonbeam networks. These networks are EVM-compatible parachains built on Kusama and Polkadot. The project's native token is BEANS. Holders of the BEANS token can participate in the governance system, allowing them to vote on various aspects such as new rewards and fee structures within the platform. Additionally, the project features special "Beanie NFTs" which grant their owners a share of the revenue generated from marketplace trading fees. MoonBeans aims to provide a platform where artists, creators, and crypto enthusiasts can come together to create and trade NFTs, benefiting from low gas fees. The MoonBeans platform supports NFT standards like ERC-721 and ERC-1155, which is intended to offer flexibility for collectors. The project emphasizes a community-focused approach, offering various rewards to its members. A tax mechanism is applied to BEANS transactions, with portions of this tax directed towards funding reward programs, maintaining liquidity, and marketing efforts. The total supply of BEANS tokens is fixed at 1 million, and no new tokens can be minted. MoonBeans has outlined a roadmap for its development, which includes phases such as "Sow and growth," "Nurture and propagation," and "Rooting and establishment," focusing on partnerships, automated listings, and NFT and token staking. The project intends to expand its reach to other networks, with Arbitrum Nova mentioned as a future target. Rewards for BEANS holders are often distributed in USDC, and the community has the ability to vote to change the reward token. Learn more

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