BitBase Token BTBS
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To fulfill transactions and objectives, BitBase has initiated the distribution of a new digital crypto token called BTBS, which can be used by holders through the BitBase App. The BTBS Token is the middle point for all BitBase financial activity and will be the center from which to run BitBase’s economy.
The principles of blockchain enable the creation of digital tokens that represent a tangible or intangible asset. BitBase aims to tokenize its service. The process of tokenizing an asset and further managing it on an app opens up new opportunities as it faces subsequent challenges to its adoption. The new tokenization method allows the issuer to open up innovative methods and promote widespread adoption of investments in this industry.
The BTBS issued by BitBase will co-exist natively on the Ethereum and Binance Smart Chain, blockchains with standard ERC20 and BEP20. Maintaining a total issuance supply of 100 million, never to be increased.