Banana Task Force Ape Token was founded in November 2021 as the first decentralized protocol under an LLC-backed NFT project Banana Task Force NFTs. Our goal is to bridge the gap between tokens and NFTs while supporting both floors to maintain stability to holders in this Metaverse. Also, keeping aspects traditional and morals such as donating to charities and multi-functional cross-chain liquidity rewarding metrics.
Apes alone weak. Apes together strong.
Banana Task Force Ape’s mission consists of:
Distributing 20% of our company revenues to our NFT holders (promoting actual ownership and partnership).
Provide membership-based access, allowing holders to enter any live event, gala, or concert by using their NFT as a VIP badge and getting paid for having a good time from revenue made.
Liquidity support to all of our projects through shared token metrics through automative interactions.
Give back to charities related to our project, community, and backstory.
Bridging web3 interactions with real-world events through BTFA native, governance, and NFT smart contracts.
Around the end of March, we will launch our native token “BTFA” on Ethereum via the Pinksale Platform. Furthermore, the BTFA NFT collection presale will release on our website within the first month of May. Before our presale, we will have already.
The Banana Task Force Ape Contents:
Banana Task Force Ape NFT Collection
BTFA are 10,000 programmatically randomized apes with over 150 unique traits, which make each ape unique and not the same. BTF apes will be available to mint directly on our website and the secondary market, Opensea. These apes' utility consists of having access to mint future collections for free, floor support from our utility token, complimentary VIP access to live events, and shared revenue of our company, Blip Studios.
$BTFA TOKEN
ERC-20 token holders can hold, stake, and get special access to our private discord. Its high liquidity aspects keep the charts healthy and proactive to prevent liquid instability. Also, holders will be rewarded our governance token at random, which will be a 1:1 of their tokens. Holding BTFA Tokens will also give special access to future presales if the holder wallet passes prior risk assessments.
$BANDEX TOKEN
An ERC-20 governance token that will be fair launch in April. Its main functionality is to keep the chart healthy for the liquidity aspect and be used to manually sweep and support the floor on the Banana Task Force Ape’s NFT collection. Our governance token ensures that our floor support will be more elastic and potentially less volatile. It will become a multi-chain staking token accessible on Fantom, Binance Smart Chain, and Polygon Matic through further development.
Banana Index Dashboard
The decentralized exchange will have cross-chain functionality and allow holders to swap their BEP20 token for our ERC20 without conversation. Also, single-sided staking will earn holders up to 80% APY Yield Farming, Freezing, and NFT Staking will be available once we release V2 of our platform.
Partnerships
Our goal is to expand our ecosystem across multiple channels for crypto, NFT, and commercial advertisement. With this approach, we can establish significant partnerships with Defi protocols to help incubate new projects within our system and collaborate with other joint releases projects.
VALUES
TRANSPARENCY & COMMUNITY
Banana Task Force Ape is fully decentralized and supported by its community. Free, open, and only communication with the volunteers that encouraged the community support so that everyone willing can be informed and even participate in every step of development!
TRUST
In the cryptocurrency market, Trust is paramount. That means full transparency in the community support and development and any security effort. Examples include top-grade audits of $BTFA code and locked liquidity tokens to reduce any risk of malicious behavior.
LONGEVITY
The decentralized community fosters long-term ecosystem development, resulting in actual use cases, greater rewards, and popularity beyond any temporary trends.
TOKENOMICS
$BTFA Token
An ERC20 token that will launch on the Pinksale platform on March 28, 2022. The max supply is 1 trillion, and one of its key functionalities is it's aggressive liquidity stability mechanism. For every transaction, buy or sell, 8% will be automatically added into our liquidity pools to establish and increase our floor support. For marketing, 4% sell tax will be distributed to the marketing wallet from every transaction to help us support the further development of our project.
Furthermore, 1% of the marketing tax will be distributed to a separate wallet to be used directly for weekly/monthly deposits to the charity Friends of Bonobos. Holders can also earn competitive APY up to 80% by staking on our platform.
$BANDEX Token
$BANDEX is an ERC20 token that will randomly launch in late April. The max supply is 1 trillion, and one of its main functionalities will be its Governance feature that will support the BTFA chart and BTFA NFT price floor. Every holder of $BTFA will receive a 1:1 airdrop in our governance token for holding.
In addition, 6% will be automatically added into our liquidity pools for every transaction to establish and increase our floor support. Furthermore, 2% in $BTFA reflects holders for every transaction made. For marketing, 2% will be distributed to our NFT floor sweep wallet, which we will use to sweep our collection's floor weekly and burn our NFTs manually, which will make us one of the few deflationary NFT projects on the market! Lastly, 5% is distributed to the buy-back wallet from every transaction, only for floor support on BANDEX itself.
NFT Roadmap
Phase 1
Form LLC
Pre-Marketing Campaign
Art Reveal
Apparel Giveaway
Banana Task Force Ape’s NFT Presale
$10K Charity Donation
Phase 2
Post-Marketing Campaign
Acquire Art Studio
Brand Bible Creation
Floor Support Metrics for Governance Token AMA
Phase 3
Celeb Endorsements
Art Studio Event Date Announcement
Retailer Clothing Partnership
Announcement of Second NFT Release
Art Studio Show
Phase 4
Apepalooza Musical Event Announcement
Roadmap
Phase 1
Build website
Form creative direction
Initiate Private Sale
Audit and KYC
Pre-Marketing Campaign
Initiate Presale
CG and CMC Listed
Phase 2
$10K Charity Donation
Governance Announcement
Brand Bible Creation
Banana Task Force Ape’s NFT Presale
Tier 3 Cex List
Phase 3
Governance Airdrop
Single-Sided Staking Release
Tier 2 Cex List
Project Incubation Announcement
Phase 4
BSC Contract Release
Tier 3 Cex List (for Governance Token)
Tier 1 Cex List
Bridge Release