Build a future you believe in with burnchain blockchain.
More than just gaming and socials, burnchain blockchain believes in a metaverse with economic and social utility. A better, reimagined reality, where real opportunities and impact thrives.
The BURNCHAIN is an extremely hyper-deflationary blockchain that is built to become more scarce with each transaction. Burnchain is the first chain to work on three burning mechanisms.
The Burnchain will be implemented with three burn mechanisms ( First and only blockchain to do this) to reduce the total supply of $BURN. The first will be a monthly coin burn in which a portion of all fees collected by our Exchange ( The Burn Exchange ) will be used to buy back and destroy $BURN tokens. This drives up the price of remaining $BURN tokens as demand increases while their supply decreases.
The second mechanism consists of burning a portion of the $BURN spent as gas fees on the BURNChain on each transaction.
The third mechanism will be Fortnight $BURN burning events.
A coin burn is a process of permanently removing cryptocurrencies from circulation to reduce the total supply of the coin. In other words, coins are destroyed and can no longer be used in trading or anything else.
By making the coin scarcer, coin burning aims to create a deflationary effect and potentially increases the crypto’s valuation to benefit its holders.
As the official token for Burnchain, $BURN tokens enable users can participate in proof of stake governance.
The main goal of Burnchain is to increase the use cases of $BURN by providing it with much-needed utility. It will allow users to access an ecosystem of DeFi products, NFTs and GameFi. For instance participating in the NFT market through minting and exchanging NFTs by paying for gas with $BURN, Partaking in lucrative GameFi opportunities and engaging with the growing blockchaingaming community, joining decentralized exchanges to swap tokens and speculating on their value, accessing advanced financial instruments such as staking, lending, borrowing, and liquidity mining, taking part in the upcoming metaverse revolution through Burnchain-powered NFTs, participating in DAOs and funding entire communities and so on.
First and only blockchain with three unique Burn mechanisms:
1. Monthly Burn and fees collected from our upcoming exchange will be used to buyback and burn.
2. Burning a portion of the BURN spent as agas fees on the Burnchain network.
3. Fortnight BURN burning event.
The Burn Blockchain (Burnchain) development is partly funded by our future governance token transaction taxes on the BSC network.
Burnchain consumes a small fraction of the energy used by conventional blockchains thanks to its next-generation nominated proof-of-stake (NPoS) model. Using the equivalent of ~6.6 US households worth of energy per year, Burnchain has the lowest carbon footprint among proof-of-stake protocols analyzed in recent research.
Burnchain holders deserve the same powers as other crypto holders. Burnchain gives Burnchain those superpowers, like DeFi, NFTs, games, and more! Burnchain community stands for fairness and equality for all ecosystem builders. Time to unleash the creativity and full potential of the Burnchain community. Join the movement!
The Burnchain community emphasizes inclusivitiy and values each and every Burncoin participant. In short, Burnchain stands for fairness and equal opportunity for all. Our goal is to create a blockchain that is truly owned by the people.
The metaverse is merely one digital world where users can spend time with their friends and family, play, shop, learn and work, all within the same universe. Whereas the multiverse is a collection of separate digital spaces, all with their unique traits and characteristics.
In an open, decentralized ecosystem, you own your own land, and you own a part of Multiverse. Even if you don’t have a cent to your name, there are ways to join Multiverse and become a landowner.