Can Binance Coin (BNB) and Fidarzi Token (FIZI) Become the Next Bitcoin (BTC)?
Without guessing twice, many cryptocurrencies envy bitcoin’s success — they want to become the next bitcoin (BTC). However, few have what it takes to replicate $BTC’s success.
Bitcoin (BTC) paved the way for altcoins and has maintained the blueprint for innovations in the DeFi space. Bitcoin (BTC) facilitated decentralized finance using blockchain technology, which today, nearly every DeFi protocol enjoys the benefit.
So replicating Bitcoin’s success might be challenging. And to do so, you must present a worthy value proposition that can turn the heads of the enthusiasts in the DeFi industry.
This article shows you how Binance Coin (BNB) — an already established cryptocurrency- is preparing to replicate Bitcoin’s success. Furthermore, it introduces you to a newer protocol with the birthmark of changing the narrative in DeFi, just like Bitcoin and Ethereum.
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Does Binance Coin (BNB) have the Midas touch to replicate Bitcoin’s success?
Binance Coin (BNB) is the offshoot of the Binance Ecosystem and the unique exchange token used for gas fees and other transactional purposes within the Binance Chain and Binance Smart Chain networks.
Binance Coin (BNB) comes in two token standards from its parallel chains, Binance Chain and Binance Smart Chain. To differentiate their standards, we usually label $BNB to refer to the token on the Binance Chain, and the $BSC (BEP-20) token standard, to the one running on Binance Smart Chain.
Binance created the Binance Smart Chain network (BSC) to reduce the workload on the Ethereum network due to the downtime the blockchain faced hosting contracts and dApps. BSC successfully achieved this when it launched the $BSC token later in 2020. BSC is compatible with the Ethereum Virtual Machine (EVM), making it easier to bridge Ethereum tokens to the BSC token standards (BEP-20).
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As Binance Ecosystem and blockchain networks continually expand, Binance is gradually replicating Bitcoin’s success for DeFi and crypto enthusiasts.
Although Bitcoin (BTC) may be miles ahead in market capitalization, Binance Coin (BNB/BSC) currently powers many contracts and dApps than Bitcoin (BTC).
Why Fidarzi Token (FIZI) is in the picture
Fidarzi Token (FIZI) is one crypto you can never get your eyes off as traders or enthusiasts. The token powers Fidarzi.io and its up-and-coming products and offerings.
Fidarzi is a community-driven ecosystem and will decide its DAO governance protocol with the Fidarzi Token (FIZI).
Fidarzi.io will feature unique products and offerings in the Web 3.0 space, plus decentralized finance that will support fiat deposits using its Fidarzi Card.
Fidarzi’s mission is to disrupt traditional banking methods and help small and medium business enterprises perform crypto-related transactions easily.
Binance Coin (BNB/BSC) has what it takes to replicate bitcoin’s success in the crypto market. Reason is that it powers so many utilities and is a near-perfect example of a deflationary token whose price will continue to soar as more tokens get burnt.
Fidarzi (FIZI) is a force to reckon with as it plans to penetrate the DeFi industry with its offshoot products and features. Fidarzi will first run a presale phase, which it calls the Pre-IEO phase.
The Pre-IEO phase comes with instant bonuses worth up to 15% upon signing up and making your first purchase. You and your referral get up to a 50% bonus when your friend makes his first purchase starting at 200 USD.
You can see more about Fidarzi Token, $FIZI, with the official links below: