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Bemchain is a decentralized exchange (DEX) that also serves as an NFT marketplace and a platform for blockchain-based games. The BCN token, first introduced through private and public sales, is the main currency for the Bemchain ecosystem. BCN is planned to migrate to its own dedicated blockchain, offering faster and more affordable transactions utilizing a Proof of Authority (PoA) algorithm.
Bemchain's dedicated blockchain, accessible via bemscan.io, promises to enhance transaction speeds and cost-efficiency through its use of a Proof of Authority (PoA) algorithm. This infrastructure improvement allows for more scalable operations within the Bemchain ecosystem, benefiting users engaged in decentralized exchanges, NFT trading, and blockchain gaming.
Once BCN migrates to its own blockchain, it will serve as a governance tool to make market-responsive regulatory decisions within the Bemchain ecosystem. BCN holders will have a say in specific governance processes, enabling them to influence the platform's direction, feature improvements, and policy adjustments, ensuring a more community-driven approach.
Compared to traditional decentralized exchanges, Bemchain provides multiple utilities, including a multichain DEX, an NFT market, and avenues for blockchain-based gaming. Its upcoming dedicated blockchain infrastructure ensures faster, cost-effective transactions and introduces staking and yield farming opportunities, making it a more comprehensive platform for Web3 enthusiasts.
With the migration to Bemchain's own blockchain, BCN tokens will facilitate staking and yield farming features. These activities will allow users to earn additional BCN rewards by locking their tokens on the platform for a specified period, thus contributing to the network's security and liquidity while benefiting from a passive income.
Bemchain addresses common issues in NFT trading and blockchain gaming by migrating to its dedicated blockchain, which employs a PoA algorithm to enhance transaction efficiency. This reduces costs and latency, providing a seamless experience for users engaging in NFT markets and gaming, while the BCN governance mechanism ensures responsiveness to market changes.
BemChain (BCN) is a cryptocurrency that started with a private sale on July 7, 2021, and was followed by a public sale. The first product was launched on June 2, 2022. Initially operating on the Tron20 platform, BemChain plans to migrate to its dedicated blockchain at https://bemscan.io. This new blockchain will utilize a Proof of Authority (PoA) algorithm infrastructure to offer faster and more affordable transactions. BCN serves as the main currency for a multichain decentralized exchange (DEX), which also features an NFT market and supports blockchain-based games. Additionally, BCN will act as a governance token for select parts of the BemChain blockchain, allowing it to adapt to market fluctuations. The current supply of BCN is 500,000,000 with none in circulation. Its price was last recorded at $0.00388757 USD, experiencing a decrease of 7.06% over the past 24 hours. The token is traded on six active markets, although no trading volume was recorded over the last 24 hours. The BemChain ecosystem also plans to offer staking and yield farming features upon its migration. More information about BemChain can be found at https://bcngarden.io.
BemChain (BCN) is a cryptocurrency that started with a private sale on July 7, 2021, and was followed by a public sale. The first product was launched on June 2, 2022. Initially operating on the Tron20 platform, BemChain plans to migrate to its dedicated blockchain at https://bemscan.io. This new blockchain will utilize a Proof of Authority (PoA) algorithm infrastructure to offer faster and more affordable transactions. BCN serves as the main currency for a multichain decentralized exchange (DEX), which also features an NFT market and supports blockchain-based games. Additionally, BCN will act as a governance token for select parts of the BemChain blockchain, allowing it to adapt to market fluctuations. The current supply of BCN is 500,000,000 with none in circulation. Its price was last recorded at $0.00388757 USD, experiencing a decrease of 7.06% over the past 24 hours. The token is traded on six active markets, although no trading volume was recorded over the last 24 hours. The BemChain ecosystem also plans to offer staking and yield farming features upon its migration. More information about BemChain can be found at https://bcngarden.io.
BemChain (BCN) is a cryptocurrency that started with a private sale on July 7, 2021, and was followed by a public sale. The first product was launched on June 2, 2022. Initially operating on the Tron20 platform, BemChain plans to migrate to its dedicated blockchain at https://bemscan.io. This new blockchain will utilize a Proof of Authority (PoA) algorithm infrastructure to offer faster and more affordable transactions. BCN serves as the main currency for a multichain decentralized exchange (DEX), which also features an NFT market and supports blockchain-based games. Additionally, BCN will act as a governance token for select parts of the BemChain blockchain, allowing it to adapt to market fluctuations. The current supply of BCN is 500,000,000 with none in circulation. Its price was last recorded at $0.00388757 USD, experiencing a decrease of 7.06% over the past 24 hours. The token is traded on six active markets, although no trading volume was recorded over the last 24 hours. The BemChain ecosystem also plans to offer staking and yield farming features upon its migration. More information about BemChain can be found at https://bcngarden.io.
