EverGrow Coin Continues to Beat all Crypto Records, Reaches 55K Holders and $900 Million Marketcap
NEWARK, DE / ACCESSWIRE / October 30, 2021 / A project launched just over a month ago has taken the world of crypto by storm. EverGrow Coin, a deflationary token designed to become scarcer over time, was released without the usual hype or paid celebrity promotions, and yet has grown organically to record levels over a very short time.
A mature team of developers, marketing experts, and finance professionals put together the revolutionary contract, which pays 8% of all transactions back to holders in a BUSD; a regulated, fiat-backed stablecoin pegged to the U.S. dollar. Over the last few days, the project has flown past the 55,000 investors mark, $900 Million marketcap and is quickly approaching $10 million in rewards distributed amongst holders since launch. The team has created a dashboard where anyone can track the rewards paid by the contract, both for individual wallets, and the combined total. https://app.evergrowcoin.com/dashboard.
The project uses its unique Tokenomincs and smart contracts to make this happen. It re-distributes 8% of every transaction occurring in its network to the community with BUSD. This means holders have direct access to earning passive income in dollars instead of exchanging any other token to accrue such payment.
The coin is also twice as rewarding as their nearest competition because half the tokens were burned on launch, and a further 1% has been burned since. The Airdrop and Team Wallet, another 5%, are locked and do not receive rewards. This means the prizes are distributed amongst just 44% of the total coins, telling everyone has a far greater share.
The team behind EverGrow plans to develop several products in its Ecosystem to increase the utility of EGC Token, as stated in the roadmap. This will include Binance Smart Chain-based NFT Marketplace and Content Subscription Platform. The team takes this as an essential factor and knows it is necessary, which is mainly overlooked by many similar projects, who have relied on hype & endorsements to grow the price, rather than actual utilities that will encourage people to own and use the coin.
One of the prominent Ethereum Chain-based NFT marketplaces recorded a $3.4 billion transaction volume last month, briefly stalled on Sunday last week. This was due to the long block confirmation time and high fees of the Ethereum Chain. Due to this, it is evident that the NFT market has been on a slow pace on the Ethereum chain. Similarly, even Solana suffered similar exhaustion issues in September due to a massive swell of publicity and liquidity onto Solana. All these problems can be attributed to the explosion of NFT creativity on the chain, making it even more essential to come up with better and more stable solutions.
Based on Binance Smart Chain (BSC), The EverGrow NFT Marketplace will potentially fill this gap. Looking at the conditions, EverGrow Coin is planning to launch the Marketplace within just a few weeks. The NFT Marketplace will allow creators to mint their NFT’s and sell them on EverGrow NFT Marketplace.
The most beneficial thing about this platform will be its affordability. This NFT marketplace will be cheaper and provide better and faster transactions, all made possible by the Binance Smart Chain. Shortly after this, EGC will launch its Content Subscription Platform that allows fans to enjoy exclusive content from their favorite influencers and curators. The Content Subscription will be built around EGC acting as the native currency and will allow fans to purchase subscriptions and tip curators in $EGC tokens directly. Another unique product from a crypto project that has not been in existence for more than a few weeks.
Social Links
Twitter – https://twitter.com/evergrowcoinEGC
Discord – https://discord.gg/P3DAFUzyYy
Telegram – https://t.me/evergrowcoin
Facebook – https://www.facebook.com/evergrowcoin/
Media Details
Company: EverGrow Coin
Email: contact@evergrowcoin.com
Website: https://evergrowcoin.com
SOURCE: EverGrow Coin
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