What Is BitANT (BITANT)?
Adhere to DAO philosophy. The team does not own any tokens, all tokens are allocated to the community. Community autonomy. The exchange fee is mainly used to repurchase BitANT. As a trading pair, for example, the price of XRP/BTC in Crypto Exchange is 0.0000081, the decimal point is often followed by several zeros, which is extremely difficult to identify. The price of BTC also has exceeded $50 000, the public generally believes that BTC should be purchased according to the whole number, which invisibly raises the threshold of market participation. The current mechanism design of BTC is not suitable for micro payment.
BTC only generates a block in about ten minutes, which lengthens the transaction confirmation time. In 2010, on the Bitcoin talk forum founded by Satoshi Nakamoto, someone asked, “What would happen if some one sends millions of 0.00000001 BTC to millions of address please?” “Bitcoin isn’t currently practical for very small micro payments. Not things needing to pay less than 0.01.” BitANT admits. However, 12 years later, the development of BTC has far exceeded Satoshi Nakamoto’s original plan. With the appreciation of BTC, 0.01 BTC has exceeded $500, and its purchasing power has been greatly improved. It can buy most of the daily consumer goods.
BitANT Storage Key Points
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
BitANT Token and Allocation
BitANT is a governance token of Bit BTC DAO. Ant is Small, but powerful; ugly, but self-confident; weak, but united. The team does not own any tokens, all tokens are distributed to the community. The goal of the team is to be the largest BTC payment ecosystem all over the world. In the short term, the project team will formulate air drop rules and procedures. But in the long term, the airdrop rules and procedures will be decided by all holders through voting.
No Impermanent Loss
The most important point is that there is no Impermanent Loss in WBTC-Bit BTC pool, because the exchange rate between BTC and BitBTC is fixed, everyone can exchange the two of the mat a fixed exchange rate at any time. Therefore, this is similar to mining of two stable coin pairs.
In the short history of mankind, money has been iterated in many rounds.For thousands of years, gold has been playing the role of world currency. After WWII, the U.S. dollar replaced gold as the new world currency. However, after the decoupling of the U.S. dollar and gold in 1971, the U.S. dollar has been issued without a limit, and the purchasing power of the U.S. dollar is declining. The U.S. dollar is being abandoned by smart people.
In the future, BTC will gradually replace gold, become the next generation of globally recognized world currency, and become a new world reserve currency for large institutions and various countries. However, as ordinary people, it may be difficult for to use the real BitANT on the Bitcoin network in the future, just as it is difficult to see the bank’s gold vault, but they will definitely see Bit BTC all the time, because it is the circulating currency of BTC.
Development of ecological projects
The first step is to build the project ecosystem in the next one to three years. They will promote Bit BitANT to become the basic unit of Exchange trading pair, promote the continuous implementation of Bit BitANT online and offline application scenarios, support the development of ecological projects such as NFT Website Payment, Lottery Blind-box, Exchange and DeFi projects around the world. They will expand the use of Bit BTC in daily consumer goods purchase and promote the use of Bit BitANT the international cross-border payment.