We are now trading on Lukki Exchange at the following link.
https://app.lukki.io/register?referralCode=Bitcoinmonkey
Introduction.
Welcome to the Bitcoin Monkey white paper version 1.0. Today we will be presenting you with all the information about our project and the plans for future growth.
What is Bitcoin Monkey?
Bitcoin Monkey is an ERC20 token based on the Ethereum blockchain. Our main goal is to build a community that decides for themselves which direction the Token should go. Future project and use cases can be created by anyone being a part of the community.
Why Bitcoin Monkey?
The Bitcoin Monkey team are taking a very laid back but serious attempt at making a great community for cryptocurrency enthusiasts.
Is Bitcoin Monkey a Meme Coin?
Bitcoin Monkey is everything and anything the community wants it to be.
Why the name Bitcoin Monkey?
The idea came from this story.
A lot of monkeys lived near a village. One day a merchant came to the village to buy the monkeys. He announced that he would buy the monkeys for $100 each.
The villagers thought he was mad. They thought how can somebody buy stray monkeys for $100 each? Still, some people caught a few monkeys and gave them to the merchant and he gave them $100 for each monkey. This news spread like wildfire and more people caught more monkeys to sell to the merchant. After a few days, the merchant announced that he would buy monkeys for $200 each. Even the lazy villagers now ran around to catch the remaining monkeys and sold them for $200 each. Then the merchant announced that he will buy monkeys for $500 each. The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got $500 for each one. The villagers were waiting anxiously for the next announcement. Then the merchant said he was going home for a week and when he returned he would buy monkeys for $1,000 each.
He asked his employee to take care of the monkeys he bought. The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at $1,000 each. Then the employee told them he will secretly sell them monkeys for $700 each.
This news spread like wildfire. Since the merchant will buy monkeys for $1,000 each, there is a $300 profit for each monkey. The next day the villagers made a queue near the monkey cage. The employee sold all the monkeys for $700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.
The villagers took care of the monkeys and waited for the merchant to return.
But nobody came. They ran to the employee. But he had already left too. The villagers then realized that they had bought the useless stray monkeys for $700 each and were unable to sell them. Which all sounds very similar to Bitcoin. If the price goes up what can you do with Bitcoins other than selling them to someone else who thinks they will go up in price even more? And what do you do with your Bitcoins when they fall in value…?
I don’t know, but just like the villagers trading monkeys, Bitcoin will bankrupt a lot of people and make a few people filthy rich.
What is Ethereum?
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality.
What is a ERC20 Token?
ERC20 is a protocol standard that defines certain rules and standards for issuing tokens on Ethereum’s network.
Brief.
Bitcoin Monkey is a free token on the Ethereum network that will be distributed to our early community backers via airdrop, No coins will be sold. The purpose of Bitcoin Monkey comes down to community interest, Projects will be created by community members and also voted upon by the community. These projects if selected and fit necessary will be set into action. As we ran a free airdrop and didn't accept any funds, These project will be funded by the project supply, which is 23.5% of the total BTCM Supply. These coins will remain untouched until projects are selected and the community is notified, These coins will be then sold off and the project brought to life.
Fun Facts.
The First Cryptocurrency and Social Experiment for Monkeys.. and Humans. Monkeys roughly share 96% of human DNA, So "BTCM" shares 96% the supply of "BTC" or 20,130,000.
Token Details.
1. Token Name; BitcoinMonkey
2. Token Symbol: BTCM
3. Token Total Supply : 20,160,000 BTCM
4. Token Decimal: 18
Explorer.
https://etherscan.io/token/0x04c7cd246330288a84d2788e8a323cc41206c2eb
Current Projects:
BananaBomb.
What is Banana Bomb?
Banana Bomb is a Deflationary/Reward Token with a Destruction rate of 3.5%. this means the total supply decreases with each transaction, And a Reward Rate of 3.5%, This means 3.5% of every transaction is sent to a reward wallet. These tokens are then distributed to 100 randomly selected users a month as rewards.
User reward numbers subject to change.
What is Deflation?
Deflation is the general decline in prices for goods and services occurring when the inflation rate falls below 0%. Deflation happens naturally when the money supply of an economy is fixed. In times of deflation, the purchasing power of currency and wages are higher than they otherwise would have been. This is distinct from but similar to price deflation, which is a general decrease in the price level
Why Banana Bomb?
Created entirely for the BTCM community and can only be purchased with BTCM tokens. Bringing utility to the Bitcoin Monkey Project.
2 BTCM = 1 B77 Tokens.
But there is a minimum purchase spend of 5000 BTCM.
5000 BTCM = 2500 B77 Tokens.
Token Details.
1. Token Name; Banana Bomb
2. Token Symbol: B77
3. Token Total Supply : 77,000,000 B77
4. Token Decimal: 18
Airdrop Monkey.
What is Airdrop Monkey?
Airdrop Monkey is an Airdrop and Bounty news website that displays current projects going through Airdrop Bounties.
How does this bring utility?
Airdrop Monkey will bring in revenue from companies that would like to list there Airdrops and Bounties on our website. Companies will apply to list buy paying a fee in BTCM Tokens.
Why Airdrop Monkey?
Airdrop Monkey is created entirely for the BTCM Community. Allowing them to have access to all the latest Airdrop and Bounty News. BTCM is all about growth and bringing blockchain information to the masses.
Monkey Vote.
What is Monkey Vote?
Monkey Vote is a Decentralized Voting Platform based on the Ethereum Blockchain. Allowing a transparent, safe and secure decentralized voting experience.
More Information to come.
DexMonkey.
What is DexMonkey?
DexMonkey is a Decentralized Cryptocurrency Exchange for Ethereum Based Projects.
More Information to come.
Contact.
Bitcoin Monkey.
Website: https://www.bitcoinmonkey.net/
Email: [email protected]
Facebook: https://www.facebook.com/BTCMToken
Twitter: https://twitter.com/BitcoinMonkey1
Telegram: https://t.me/Bitcoinmonkey
Banana Bomb.
Website: https://www.bitcoinmonkey.net/banana-bomb.html
Email: [email protected]
Facebook: https://www.facebook.com/BananaBomb
Twitter: https://twitter.com/BananaBomb13
Telegram: https://t.me/bananabombB77
