$Bank, a Next-Generation Digital Asset
An All-Time High (+ 3330% from pre-sale)
Taking on the Cartel
The arbitrary regulations of the SEC ( Securities and Exchange Commission) and its sycophantic puppet Gary Gensler have been (as the worn out joke goes) sending ripples through the cryptosphere lately, emboldened under the psychotic encouragement of Elizabeth Warren and her ‘anti-crypto army’.
While the SEC and other international regulators continue to make life awkward for the community, it could be argued that the more sinister attempts at control have been executed at the hands of the high street banks. As part of an obvious, larger and more sinister agenda, the lockdown bull market saw a blatant encroach upon our access to decentralised currency. The cessation to facilitate deposits and withdrawals to crypto exchanges marked an outright and shameless display of the banking industry’s disdain for its customers, never was it more apparent exactly whose money they consider yours to be.
Yes, the global financial cartel is on a mission to quash the crypto movement. With this emblazoned firmly in our minds, it is an ironic paradox that one of Cardano’s most successful coin launches belongs to a token bearing the name of the very industry which seeks to destroy it.
Your Bank Managers for the Next Generation
Have you ever sat there and thought, ‘I wish a highly passionate team of Cardano whales and NFT enthusiasts would put their degenerate heads together, form an Alpha group and collaborate on a project ?’ You were not alone, and $Bank’s inception arose from this exact scenario.
The project was founded by a highly skilled development team who leveraged their expertise and experience within the traditional finance realm for the sole purpose of driving future advancements within the Cardano DeFi and NFT domain. By opting to launch the $Bank token as opposed to a DAO (decentralised autonomous organisation) or traditional NFT, they were able to provide the community with the best of both worlds, to leverage the excitement surrounding meme coins and to secure funding for an ambitious NFT and gamification venture.
With this objective in mind they swiftly acquired the NFT gaming project Cardopoly, and set upon a trailblazing course which left other projects in their shadow. Success in this space means creating something engaging, unrivalled and permanent for the Cardano community. Anyone can launch a coin, but to create something that lasts beyond the initial excitement is the key to undisputed legacy.
Gamification is the Name of the Game
In a web3 take on the household classic, Monopoly, the project focuses around a digital board game with a similar objective. However, instead of street names each tile will be represented by a project partner. Players will of course use $Bank token as the in-game currency and will roll digital dice in their march across the board, competing for dominance.
The game will feature a progressive jackpot to be paid out if and when a player lands on a specified game tile. It should be noted that the game will utilise cross-chain project involvement, with exclusive items and rewards available from the partner projects. The eventual outcome of these components is a heightened level of replayability, transcending $Bank beyond the realms of a mere hype and (ironically) burn (see tokenomics) project.
The Bankers’ mission is to create a user-friendly decentralised experience that provides a number of tangible benefits for their holders. They are not just another cryptocurrency but a forward-thinking, next-generation digital asset. The goal is to seamlessly integrate $Bank into everyday transactions, enabling users to conveniently pay for goods and services. With the implementation of a deflationary mechanism which includes a unique burning system, gamification and future plans with bankerlabs.io, the value of $Bank is designed to increase significantly, driving adoption and increasing the user base.
In addition to its utility as a payment method, $Bank stands out with its long-term collaborations and partnerships. They have forged strong alliances with industry leaders like GGMC, ADA Inmates and the Raccoon Syndicate, ensuring added value and credibility for their community. By offering exciting features such as raffles, lotteries, in-game prizes, rewards and a captivating XP-based achievement system, they are creating a thriving ecosystem that fosters unity within the broader crypto community.
Designed to Reward Those Who Hold it Dearest
$Bank was always designed with the community in mind, and as such will provide rewards and extra perks to those who hold it dearest, literally. The COD (Certificate of Deposit Club) is an incentive to hold $Bank, with members receiving a percentage of the DEX fees, dependent on what tier they bracket they fall into. The rewards increase as you elevate through the tiers, which range between 50 million - 1 billion $Bank. They are paid out in both ADA and $Bank automatically, so there is no need to stake.
The project also features a Parking Pass, which will provide lucky members with a 5% share of all future NFT sales, as well as 10% of game rewards and a massive 40% of DEX fees. What’s more, holders will also be entitled to WL for future mints within the established DAO as well as a multitude of other benefits. With a limited supply of 150 Free Parking Passes up for grabs, it’s imperative that interested project members conduct themselves within the framework outlined for eligibility. 80 passes will be automatically allocated to the top holders (minimum of 50 million $Bank) based on snapshots taken between June 3rd and July 15th 2023, with 30 being raffled off to the rest of the qualifying community.
Let’s Crash and Burn Together
The $Bank community is one like no other, anyone on Twitter around the time of the launch understands that there’s something different about their sense of unity. So, it should come as no surprise to learn that one of the signature developments in the project emerged as the brain child of one of its key players. Crash, showcased his creativity and talent with the production of the $Bank Card, which started as a novelty and a means of unifying the community, but rapidly turned into a solid foundation of the overall roadmap. By minting a $Bank Card (August 2023) holder’s will be entitled to a unique and innovative series of benefits, including in-game boosts for the Monopoly game as well as rarity staking for the higher rarity cards. On top of this, members can even arrange for a personalised metallic version to be sent out to them in real life. All proceeds from the sale of the $Bank Cards will go directly into the staking pool in order to further perpetuate the success and reach of the project.
In $Bank We Trust
When it comes to the $Bank team there is an overriding sense of professionalism, one that is rarely encountered in the space. From the founders’ constant presence in the Discord chat to the clockwork consistency of the announcements, every detail is executed with military precision and driven by an expert level of business acumen. With an ATH 3330% up from presale, not to mention achieving a market cap of 51.45m things are looking exceptionally promising for all those degenerate $Bankers out there.
To learn more about the project read their white paper here
