Based Token (BDC)

Based Token (BDC) is a digital form of currency that is backed by the Crypto Bank, which is set to be established in Dubai. The currency offers various opportunities such as Crypto loans, investments, and Flexible Staking with high APY. BDC operates on the Binance Smart Chain (BSC), which runs in parallel with Binance Chain, providing users with both the high transaction capacity of BC and the smart contract functionality of BSC.

BDC offers several notable advantages, including the fact that it would have legal tender status and would not be reliant on the solvency of traditional banks. With BDC, users can be assured that their funds are safe regardless of how well a bank performs. Additionally, the Central Bank would have enhanced control over its monetary policy, promoting financial stability. As a blockchain-based token, BDC ensures enhanced security and eliminates the possibility of hacking, while transactions on the Binance Smart Chain are fast, secure, and cost-effective.

The Based Token project has a strategic roadmap in place, which includes phases such as concept generation, team assembly, website launch, community establishment, token development, and private sales. The project aims to be listed on various reputable exchanges such as Coinsbit, Azbit, Hotbit, Vindax, KuCoin, gate.io, and Mexc. Additionally, the team plans to introduce Based Wallet, a staking function, and an NFT landing platform. Ultimately, the project envisions the launch of the first decentralized crypto bank in Dubai and the introduction of BDC ATMs for seamless banking transactions.