AUSTIN, Texas, Jan. 11, 2022 (Globe Newswire) –
Hodl4Gold ($H4G), a passive reward token with 13% of BUSD on the Binance Smart Chain network, launched Wednesday, January 5 at Pinksale and PancakeSwap, capping months of public anticipation by reaching $10 million in market capitalization in less than From ten minutes, reaching a daily trading volume of 1.842 million USD and more than 1,100 holders within the first 24 hours of trading. H4G’s Gold Hodlers saw a record-breaking coin run over its opening weekend, rising to nearly $15 million in total market capitalization, while paying more than $500,000 in bonuses and airdrops to more than 1,600 holders in its first five days.
Early holders will get a chance for a rare “Gold Hodler” NFT instrument (limited to 196).
Unlike other DeFi projects with infinitely long roadmaps, H4G is intent on changing the BSC space right away, with several utilities right at launch, including an in-browser NFT Minting dApp to complement its upcoming market. The cost of minting NFT onHodl4Gold.com is 0.02 BNB — about $10 — a fraction of the price offered on platforms like OpenSea and TofuNFT, which can charge up to hundreds of dollars in equivalent coins tokens. H4G aims to democratize the NFT marketplace by creating a single platform for everyone – users will be able to issue their NFTs via the H4G dApp, and then sell, share or lend them within the integrated marketplace. Built on the BSC network, H4G offers all artists the opportunity to monetize their work, without the significant barrier to entry associated with the costs of networks like Ethereum. The launch of the NFT Marketplace will include several collections of limited edition generative art, as well as a community for creators to showcase their digital artwork.
With a full suite of dApps planned outside of the NFT market, including DEX, reflection token launchpad, and play-for-profit games, the H4G team places great emphasis on creating a robust and easy-to-use ecosystem to generate revenue and drive daily transaction volume. In addition to the automatic 1% burn included in each transaction, all utility profits are used to buy back and burn H4G, increasing the inherent value of each coin. In the past five days since launch, Hodl4Gold has burned more than 8 trillion tokens, less than 1% of the total circulating supply.
1% of all transactions also go to fund a weekly lottery drawing, with five winners selected each week. The current prize pool (v1) is over 88 BNB ($37,000) and counting. The first draw will take place on Friday 14 January. Hodlers must have had a total of 10 billion tokens for at least five days to be eligible.
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The information in this release is not investment advice, financial advice or trading advice. It is recommended to exercise due diligence (including consulting with a professional financial advisor before investing or trading securities and cryptocurrencies).
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