In this article we are going to talk about Baby Cardano (BADA) token, a fairly recent shitcoin that has come out 4 days ago and that is based on the Binance network (BSC) and in this article we are going to explain all the information there is on their website and we will show you how to buy Baby Cardano Token.
An ambitious, exploratory and community driven blockchain project in the DeFi space, operating on a frictionless performance and liquidity generation protocol.
Here is all the information on its website:
What is BabyCardano (BADA) Token?
We all hear about Cardano. It is a proof-of-stake blockchain platform, the first to be based on peer-reviewed research and developed through evidence-based methods. BabyCardano is trying to follow in its father’s footsteps in terms of popularity? but on the Binance Smart Chain!
Baby Cardano (BADA) Token Disclaimer
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You should be aware of all the risks associated with any cryptocurrency trading and seek the advice of an independent financial advisor. ICO, IEO, STO and any coin released will not guarantee a return on your investment. Since any opinion, news, research, analysis, price or other information contained in this website is provided as general market comment and does not constitute investment advice.
BabyCardano team will not accept responsibility for any loss or damage, including but not limited to any loss of earnings, that may arise directly or indirectly from the use of or reliance on such information. All opinions expressed on this site are the property of the respective author and should never be construed as advice in any way.
BabyCardano team is not responsible for, nor does it guarantee the accuracy or timing of the information contained herein. A qualified professional should be consulted before making any financial decision.
⭐️Ever heard of Baby Cardano? That’s right! next big token project is here. It’s going to be one of a kind pic.twitter.com/Zabkc1gtWH
– Baby Cardano (@BabyCardanoBSC) July 3, 2021
Description of the market and the problem
Everyone at DeFi has been claiming their project as a community one lately, but they never really did. developers produce a token that they think will work and then try to sell it. Over and over again, we see their tokens spike, dump, and fail because they have no more control after launch.
re are many tokens that return, but in terms of tokens themselves only through reflection. No project has attempted to create a strong, united community that truly feels like it is working with the development team behind it.
Our team has consulted with the community to design a token that meets their needs. We are committed to maintaining ownership, with lockdown protocols to protect liquidity, so that we can protect the token from bots, whales, and pump & dump investors.
Description of the product and how you are going to solve the problem.
BabyCardano team has created the first of a network of tokens that actually give back to their investors.
This will be done through promotional giveaways, airdrops, and other community-suggested events. This is accomplished by using a small percentage of each buy / sell transaction to fund the CommunityShot wallet.
This is a unique method that engages investors as a real community, working together towards one goal.
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Initial allocations of $ BADA tokens
BabyCardano is a frictionless performance and liquidity generating smart contract that applies a 14% fee to every transaction, whether it is a purchase, sale, or wallet-to-wallet transfer. This transaction fee is divided into four parts that perform independent functions:
8% of each transaction goes to CommunityShot: With this feature, the developer can manually buy the BNB collected in the contract directly from the contract; whenever the community or the developer deems it necessary.
This feature is often used when there are a higher than average number of large sales; saving the token from extreme price dumps in times of need.
re is also the buyback system that is activated every time there are 2 sales in a row. using the tokens you have collected in the contract, exchanging them for BNB, and then burning the purchased tokens, making this hyper-deflationary.
It is worth noting that the recording address (0x000000000000000000000000000000000000dead) also receives a portion of this fee because it is technically a ‘wallet’. This further reduces the circulating supply of BabyCardano tokens. refore, BabyCardano is a deflationary token that is designed to increase scarcity and thus its value over time.
2% of the total value of the transaction is redistributed to wallets with BabyCardano tokens. number of BabyCardano tokens each wallet receives is directly proportional to the percentage of the total BabyCardano balance held in that wallet.
This means that BabyCardano holders do not need to do anything other than have BabyCardano tokens in their wallets to receive token rewards.
2% of the total value of the transaction is added to Community Wallet, to provide funds for promotional events and charitable donations.
2% of the total transaction value is added to the Marketing Portfolio to provide funds for audits, marketing, exchange listings, and development team expenses.
Anti whale / stability characteristic
While ‘whales’ are a reality (and a necessity) in crypto investing, we are interested in allowing small investors the opportunity to build their own portfolio without fear that ‘early dumping will lead to price volatility’. To avoid this Initially, each transaction will be limited to 0.1% of the total supply. As the number of headlines increases, at each milestone, we will slowly increase the cap.
Manual token burns
In addition to these token protocol mechanisms; BabyCardano tokens will frequently be ‘burned’ manually by the BabyCardano team, meaning they are removed from the circulating supply and put away in the ‘dead’ wallet where they can never be accessed again.
se burns are carried out based on the achievement of community milestones such as reaching a certain number of incumbents, or the deployment of significant unsurts of the project. Acting as an incentive for the community to remain active in promoting BabyCardano, the team aims to implement a burn strategy that is beneficial and rewarding for those involved in the project in the long term.
For each manual token burn, the BabyCardano team encourages the community to actively participate in a community vote, which takes place on the BabyCardano channel, to decide how many BabyCardano tokens are burned.
All the details of these manual token burns will be recorded in BSC Scan and will be accessible to anyone, with no need for permission or requested access. Also, the total amount of BabyCardano tokens burned will appear on the BabyCardano website under “Tokenomics”. refore, it allows for greater transparency and real-time monitoring.
BabyCardano: smart contract
BabyCardano smart contract includes features to exclude certain addresses (such as the PancakeSwap router, exchange hotwallets, and the BabyCardano fund) from receiving autostaking rewards or incurring the 12% transaction fee during transactions.
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team has not waived ownership of this contract as this non-waiver ownership allows you to exclude specific addresses that are part of the BabyCardano ecosystem from being subject to the fee and reward mechanism. It also allows you to prevent identified bot portfolios from making additional transactions.
How the funds raised by BADA Token will be used.
In order to fund the use of “first-rate” marketing resources to promote the BabyCardano project, the BabyCardano team will obtain funding from the Marketing Wallet Directorate. All addresses can be viewed and the activity of which can be monitored in BSC Scan.
Once deposited in the Marketing Wallet, these BabyCardano tokens will be sold to provide capital that the marketing team will use to invest in marketing the project. To reduce any price impact that the sale of these Marketing Wallet tokens may have, very small volumes of BabyCardano tokens will be sold at any time to maintain a price impact of less than 1% at all times.
As CommunityWallet grows, we will hold promotional events to reward investors and social media promoters of the BabyCardano coin.
Starting every week and more regularly depending on the MCAP level, we will host a live promotional event to randomly select a number of wallet holders to receive tangible rewards.
Initial items may include, but are not limited to, Apple tags, phones, watches, tablets, coin merchandise, and air-dropped BNB. rewards will be selected by the development team in collaboration with the community for each event; and will depend on CommunityWallet funds.
re will be no entry fee for each event. To be eligible, holders must be in possession of at least $ 40 of BabyCardano at the time of the promotion, verified by the DEV team during the event to prevent bot intrusion.
Registration for each event will open 24 hours in advance and will require holders to provide their wallet address, proof of positive social media activity (Reddit posts Tweets / Retweets / etc.), and contact details for the team of DEV for verification (data will not be saved once reward has been delivered).
Rewards and advertising will be posted on the website after each event.
Charitable donation events.
At the discretion of the DEV team, we intend to make regular charitable donations to causes worthy of DM’s wallet. Up to 0.1% of the DM wallet balance will be used for this purpose. Charitable giving events will nominate 10 charities to benefit, which will be put to a community vote.
top 5 most voted charities will receive an equal share of allotted funds. To be eligible, each charity must be registered as a charity in its respective operating country. Each charity must be politically neutral and, in the eyes of the DEV team, respectable and dignified.
Donations will be posted on the website after each event, as well as the receipt of the donation as proof.
BabyCardano (BADA) Token Team
Usema – Based in Italy – Project manager and contract design. (Italian / English / Arabic speaking) Andrea – Based in Italy – Website Design (Italian / English speaking) Matteo – Based in Italy – Media Manager (Italian speaking)
Thanks from the BabyBardano (BADA) Token team:
On a final note, at BabyCardano we want to thank our community for their infinite energy, creativity and for the support they offer not only to ourselves but to others. We want to promote individual and collective effectiveness and community empowerment. As we continue to build our token, substantial effort will be made to promote transparency within our community. Having transparency allows us to inspect and adapt to the changing market when necessary and gives you, the investor, the peace of mind you deserve.
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How and where to buy Baby Cardano Coin (BADA) Token
Next we are going to provide you with a simple tutorial so that you can easily buy Baby Cardano Coin (BADA) Token .
Well then I leave you a tutorial on how to buy it, you can buy it through Pancakeswap or poocoin.app, we will do it from pancakeswap and in case you don’t know, we need to have a portfolio either from trustwallet or metamask, in this case I I use metamask.
Here you have a tutorial on how to create a portfolio in metamask:
Once we have our metamask portfolio created, what we have to do is copy our address as indicated with the arrow and put it with the Binance Smart Chain network.
FIRST STEP TO BUY Baby Cardano Coin (BADA) Token
To buy Baby Cardano Coin (BADA) Token token we are going to need BNB, which is the currency of binance, since this token works through its network. so the first thing will be to register here to enter binance and be able to buy BNB.
Next we have to go buy crypto and we have to select BNB to buy it, in this case I do it with Euros and with a debit or credit card.
Once the bnb are bought, we go to our Binance wallet and we hit SPOT and we go down until we see BNB and we hit “Withdraw” or “Withdraw”.
n on the next page that will come out, we have to paste our metamask address and put the BSC network and we would already have the BNB in our metamask portfolio.
SECOND STEP TO BUY Baby Cardano Coin (BADA) Token
first thing will be to go to pancake swap: Pancake
When we get to pancake swap we have to connect our metamask portfolio with the binance smart chain network and then put the Baby Cardano Coin (BADA) Token at the bottom, although it should automatically exit, if not paste the next contract in Token part: 0x154697e2d1362796fd778044030079d8c184e0f8
In the following image I show you:
Once the token is added, we simply have to put the amount of bnb that we want to exchange for Baby Cardano Coin (BADA) Token and voila, it would be bought and in our metamask portfolio.
PRICE Baby Cardano Coin (BADA) Token LIVE.
price of the token can be seen in the following link: Price