BasketCoin

BasketCoin

Created using Figma
Meticulously crafted basket of seven cryptocurrencies which are utilized in numerous trusted Staking & DeFi platforms to strengthen the buy-back & burn process.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • PancakeSwap (v2)
    BSKT/BUSD one year ago
    $ 0.0873
    $ 1.45 K
    -
    -
ICO
Mar 20, 2021
Apr 4, 2021
100% completed
Raised funds - no Data
past
Token Details
Ticker
BSKT
Total supply
13,892,308.985003
Company Details
Registered Country
Poland
Additional Details
Categories
Platform

About BasketCoin

The first deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. 1. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward pool which indeed speeds up the process of reducing supply. As well the Smart Contract assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 2. The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of thecoverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. 3. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related

Features

The Basket

Funds raised during sales were used to buy 7 various cryptocurrencies as collateral of The Basket.

Become BSKT hodler and you will be eligible to receive benefits as time progresses.

Buy-backs and burning

The passive profits obtained from the staking of the Basket assets will be used to buy and burn.

Find out how we’re making every effort to accelerate the BSKT deflation process.

Governance tokens

Governance tokens will be introduced and developed providing project decentralisation.

Make decisions together with the community, guided by the good of the project!

Staking platform

Connect your private wallet and lock at least 5 000 BSKT tokens on the designated staking platform.

Watch as your decision to support the network generates passive income.

Deflationary token

Transactions are subject to a fee of 2% of their value. Half of it is burned and the other half is redistributed.

Inspect how the amount of circulating tokens is continuously and progressively reduced.

Tokenomics

In the sales pool, more than 70% of all BSKT tokens, and another 10% will provide liquidity on the DEX.

Transparent, reliable and well-developed tokenomics is the basis of success.

Unique NFT tokens

Non-convertible NFT tokens under the flag of BSKT are a limited and exclusive treat for Investors.

Acquire a unique NFT token and stand out from the crowd supporting the project.

Additional DEX liquidity

Daily dose of 10 000 BSKT for the first 100 days to be shared between Investors providing DEX liquidity.

Receive extra BSKT tokens for supporting liquidity through designed platform.

BasketCoin Roadmap

  • 2018

  • Start of the project
  • 2019

  • Strategy and implementation tests
  • Q4 2020

  • Detailed product concept
    Team organization
  • Q1 2021

  • Financing assessment, funding phase
    Launch of implementation "PoS Platform"
    Launch of the "PoS Platform" implementation tests
    Completion of the "PoS Platform" testing phase
    Starting test phase of "Rewards Pool Wallet" process
    Completion test phase of "Rewards Pool Wallet" process
    Launch of the "LM Platform" implementation tests
    Smart Contract v2.1
    Website v2
    Marketing activities
    Smart Contract v2.1 audit
    Completion of the "LM Platform" testing phase
    Lock of team’s tokens
    Initiating AMA series
    Presale
    Public sale lasting 14 days
    Listing on DEX: UNISWAP liquidity pool
    Application to Coingecko and CoinMarketCap
  • Read More
  • Q2 2021

  • NFT system development
    Development of governance tokens utility
    Application to CEX exchange
  • Q3 2021

  • Implementation of NFT tokens
    Governance tokens implementation
  • Q4 2021

  • Governance and voting platform
    RoadMap 2022

BasketCoin Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Marcin
CEO
unverified
Michał
CTO
unverified
Hubert
CMO
unverified
Tomasz
CPO
unverified
Tymoteusz
CRM
unverified
Mykyta
Senior Full-Stack Developer
unverified

BasketCoin Last News

  • Due to potential time differences in information updates, please verify the accuracy of each ICO project through its official website or other official communication channels.
  • This information is not intended as a recommendation or suggestion for ICO investment. Please conduct thorough research on the relevant information and make your own informed decision regarding ICO participation.
  • If you identify any issues or errors in this content, or if you wish to submit your own ICO project for listing, please contact us via email at info@icoholder.com.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.