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About BEEP Coin
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Token supply:
4.1 trillion BEEP tokens -
Token allocation:**- Founders: 7%
- Pre-sale: 45%
- Liquidity pool: 37.5%
- CEX listing: 5.5%
- Marketing & community: 4%
- Community rewards: 1%
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Token in circulation:** 82.5% of total supply
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Founders:** Seasoned Web3 founders with a
Introducing BEEP Coin: A Revolutionary Cryptocurrency
Introducing BEEP Coin (BEEP): A Comprehensive Overview
We are a sophisticated meme community that converges the innovative prowess of artificial intelligence with the principles of democracy, all while embracing a playful and light-hearted spirit. Our mission is to craft an immersive, entertaining, and rewarding ecosystem that resonates with our community.
The BEEP Coin project is spearheading the development of cutting-edge AI Bots, encompassing:
- Sophisticated AI-driven Social Bots, expertly crafted for seamless community moderation across a multitude of platforms, including Discord, Telegram, and other prominent community hubs.
- Innovative Meme Bots that empower users to craft cutting-edge memes and bespoke meme community templates with unparalleled ease.
- Specialized Chart Bots, precision-engineered to scrutinize the profound impact of real-world events on asset prices, providing unparalleled market insights.
In the ecosystem, the $BEEP coin serves as a payment token, facilitating seamless access to the ecosystem’s tools through a novel burning mechanism.
The Circulating Supply of BEEP Coins: A Closer Look
BEEP Coin debuted on Uniswap on May 24, 2023, boasting a maximum supply of approximately 4.1 trillion tokens. The founders were allocated 7% of the total supply, while 45% was sold during the pre-sale. The initial liquidity pool on Uniswap, paired with 59.5 ETH, utilized 37.5% of the total supply. Furthermore, 5.5% of the maximum supply is reserved for a potential CEX listing, 4% is earmarked for marketing and community activities, and 1% is allocated as community rewards.
With the launch of the liquidity pool on Uniswap, approximately 82.5% of the tokens are now in circulation, rendering potential inflation virtually negligible.
The Visionaries Behind BEEP Coin: Meet the Founders
At the forefront of this pioneering endeavor is a team of seasoned Web3 founders, driven by a shared vision to cultivate and empower decentralized communities within the digital sphere. Inspired by the groundbreaking NFT communities that transformed the digital art landscape in 2021, they are poised to replicate this success in new and innovative ways.
The hallmark of BEEP is its innovative “Board of Directors” concept, which deviates from the conventional norm. Rather than a traditional boardroom comprising corporate executives, BEEP’s board features AI-powered digital replicas of renowned industry leaders, including the likes of Elon Musk and Gary Vaynerchuk.
This pioneering approach empowers BEEP to tap into the collective wisdom and ethos of these industry innovators, fostering informed decision-making and yielding unexpectedly profound, often humorously insightful revelations.
Acquiring BEEP (BEEP): A Comprehensive Guide to Purchasing Options
BEEP is now accessible for trading on an increasingly diverse range of exchanges, with Uniswap and other swaps also applicable, thereby expanding its market presence.
Introducing TrueUSD (TUSD): A Stablecoin Pioneer
TrueUSD is a U.S. dollar-pegged stablecoin, maintaining a 1:1 parity with the USD. Initially introduced to a select group of investors in January 2018, TrueUSD has experienced remarkable growth, with its backed tokens swelling to nearly $400 million as of October 2020.
TrueUSD is one of several esteemed cryptocurrency stablecoins expertly administered by TrustToken, a pioneering platform dedicated to tokenizing tangible real-world assets.
Similar to other stablecoins, TrueUSD seeks to enhance market liquidity and offer cryptocurrency traders and users a stable store of value, insulated from the volatility inherent in free-floating tokens like Bitcoin (BTC).
As of October 2020, TUSD ranks 38th in terms of market capitalization, solidifying its position among the top cryptocurrencies.
The Visionaries Behind TrueUSD: Meet the Founders
TrueUSD, a stablecoin pioneered by TrustToken, is the brainchild of Rafael Cosman, the company’s co-founder and CEO.
Cosman has harbored a lifelong fascination with cryptography, which he pursued in tandem with artificial intelligence (AI) before embarking on stints at Google Brain and the software company Palantir. In 2017, he departed Google to establish TrustToken.
Cosman has asserted that TrueUSD was merely the inaugural offering in TrustToken’s product suite, requiring relatively minimal effort while yielding a high-impact asset.
At the time of launch, he emphasized that regular auditing of the stablecoin constituted a pivotal priority for the company, thereby providing investors with a sense of security and reassurance amidst the tumultuous backdrop of extreme volatility that characterized the cryptoasset market in the aftermath of the initial coin offering (ICO) phenomenon.
Unveiling the Uniqueness of TrueUSD
TrueUSD strives to strike a delicate balance between stability and utility, the dual pillars of any stablecoin, while prioritizing security through regular attestations.
Since its inception, parent company TrustToken has consistently emphasized the significance of independent verification of the stablecoin’s origin. Consequently, the stablecoin’s appeal is tailored to cater to both larger investors seeking to mitigate risk and smaller private traders alike.
TrustToken defines TUSD as “the pioneering regulated stablecoin, entirely collateralized by the US Dollar.”
TrueUSD operates within a burgeoning stablecoin market, which has given rise to a multitude of USD-backed assets. Notably, Tether (USDT) continues to dominate the landscape, boasting a substantial market capitalization of $15 billion as of October 2020, dwarfing TUSD’s $382 million.
TrustToken has forged strategic corporate alliances as part of its business endeavors, thereby affording TUSD holders opportunities to augment their annualized passive income yields.
What Is the Circulating Supply of TrueUSD (TUSD) Coins?
As of October 2020, the circulating supply of TUSD stood at approximately 381.9 million. As a stablecoin, its supply is inherently uncapped, poised to expand indefinitely in tandem with growing demand.
Two distinct incarnations of TUSD exist: an ERC-20 token situated on the Ethereum blockchain and, alternatively, TUSDB, a BEP-2 token residing on the Binance Chain.
TrueUSD’s redeemability on a 1:1 basis with the US dollar is ensured through strategic partnerships with reputable banks and trusted fiduciary institutions.
The Security Architecture of the TrueUSD Network
TrustToken strives to provide unparalleled transparency through the implementation of cutting-edge tools, including real-time auditing of TUSD’s collateralization and reliability, thereby ensuring utmost confidence in the system.
Beyond the fundamental trust in its USD peg, any security concerns are inherently tied to those that affect all ERC-20 standard tokens. For instance, transactions may be susceptible to exorbitant fees if gas prices on the Ethereum blockchain experience a sudden surge.
Acquiring TrueUSD (TUSD): A Comprehensive Guide to Exchanges and Platforms
As one of the most prominent USD-pegged stablecoins, TUSD boasts widespread availability on leading cryptocurrency exchanges, offering trading pairs with a diverse range of cryptocurrencies and stablecoins.
Notably, the largest trading volumes are currently attributed to Binance and DeFi’s automated market maker, Curve.
New to the world of cryptocurrency? Discover our straightforward guide to purchasing Bitcoin and other digital assets with ease.
Associated Resources:
Delve into the world of Tether and discover its intricacies.
Delve into the world of USD Coin and discover its intricacies.
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