🔥💥Why Is BONK Not Just Any Meme Coin?

What is a BONK?
Like PEPE and DOGE, BONK is a meme money inspired by memes, jokes and satire on the Internet. Meme coins are not designed with a specific use case in mind; rather, they are designed as a way to express humor, creativity and social commentary through cryptocurrency.

1. BONK is built in Solana. Dubbed the 'Ethereum killer' when it was launched, Solana is a fast, scalable and low-cost blockchain platform that supports smart contracts and decentralized applications with more than 400 dApps currently running on its network.

2. BONK was launched by a huge air drop on December 25, 2022 as a Christmas gift to the Solana community. 50% of the total 100 trillion supply was distributed to Solana users, who somehow contributed to the development and growth of the network. This includes artists, creators, developers, NFT collectors and active community members. The airdrop was made randomly and anonymously without any prior announcement or marketing.

3. Integration of Bonk with the Solana ecosystem. Bonk's white paper outlines the goal of becoming "Solana's community money", which is used in a large number of decentralized applications. The project aims to challenge the dominance of "predatory VC tokens" by empowering the wider Solana community. This is clearly seen in the approach of getting 50% of the total supply from the air.

What makes Bonk unique?
The BONK has several features that distinguish it from other meme coins. One of them is community-oriented nature. The team behind BONK does not have any control over the supply or direction of the coin. Instead, they transferred 15% of the total supply to a decentralized autonomous organization (DAO) called Bonk DAO. The Bonk DAO is responsible for making decisions regarding the future development and management of bonk. Anyone who owns BONK tokens can participate in the Bonk dao by voting for proposals or submitting their own ideas.
#BONK #Binance #Memecoins

View less

BONK