BANANO: A shining example for the Meme-coin ecosystem. The best way to onboard new users into crypto and NFT while having fun.
Disclaimer, I'm not giving financial advise to buy BANANO in any shape of form. I'm just sharing thoughts about risk less crypto on-boarding.
There are loads of meme coins in Crypto but one is really incredible to get people into crypto. The name is BANANO. This coin is really something else. A user can really learn a lot thanks to this coin. Let me explain.
From Beginner to DeFi user.
Most people discover Banano thanks to the subreddit. They start making memes or commenting and get tipped. They discover the tipbot, and create a wallet. The web based wallet or the app. They also discover the Discord.
On discord they then get airdrops and discover more aspects of Banano, wban.
Wrapped Tokens are representations of a coins on another blockchain. By wrapping Banano on Polygon, BSC or Fantom they start to engage with smart contracts.
If they do this with the funds people tipped them and with airdrops they can do this with no risk.
Then they can dable with DeFi and thanks to the allocated Bananos to reward liquidity provider the risk of impermanent loss, despite still being present, is less important.
All the while investing no funds of their own.
From Beginner to NFT owner.
A user can also discover that Banano has their own NFTs which are distrubuted also freely. They can start to earn some cool nfts through air drops and start engaging with smart contracts in this way.
This makes them even more of a power user since they need to learn how to list nfts how to safekeep seeds and a lot of aspects which are beyond beginner level.
Events and fun !
Banano has another aspect I want to mention: the FUN. There are loads of events, from drawing events to cooking events to singing events. The community is about having a fun space. Right now there is a blood donation event so that people do good and are rewarded for doing so. There are also competition to use the freerice website of the world food program to get food in the hand of people in need.
Conclusion: Banano should be your point of comparison when you discover a new meme coin.
Frankly, a lot of meme coins are predatory and forget to be wholesome or fun. They are not spaces to learn and just get rich quick schemes. I really think a meme coin should be held to the standard that is Banano. A beautiful meme coin with a wholesome community. A cool space to learn stuff. And a coin still seeing a good amount of updates a development.
This is a love letter to this coin. I'm not advocating for anyone to buy some, the fact that it is still freely distributed could even be seen as a bad thing for investors. Yet people should really see how cool it is that we get to have this space to get into crypto.
Good Day !
submitted by /u/Nostalg33k
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