I think NFT created under Binance Smart Chain will boom this 2021 to 2022. Ethereum algo is created for rich people. Where the gas fee is terrible.. Imagine you need to pay a gas fee of $90usd for a purchase of 4usd worth of ethereum.
In BSC its only a cent.
Topic: Which BSC project is best for 2021? - page 4. (Read 651 times)
As, all we know that Binance smart chain projects are more trending these days.
It's been trending for months, specially when investors have been complaining about Ethereum high gas fees.
I am interested to invest in these BSC , which one is best for 2021?
Not really sure which one is the best, because it's hard to give financial advises. Also I'm not an expert, all I can advise is that you should DYOR because investing. Might be better if you do it yourself instead of asking for financial here in the community. Majority here learn it the hard way, so no offence, but we don't want to spoon feed you.
As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
Many of these built in BSC projects uses the same strategy and idea of decentralized exchange, almost all of them will go shitty in the future and so it have to be careful when choosing this project, every time in the crypto space, something tends while few will survive and the rest will die off, you have to be research minded and check out the project with steady continuous development plan.PancakeSwap is the best example of the BSC that's worthy to invest in, cake is the king of Binance smart chain coins and projects with high community support, bake, these are all good and you should consider buying them.
All we know is that Binance smart chain projects are more trending these days, and then BNB will also grow very well.
For me BNB is the best for the BSC chain
, it doesn't take too long to learn new things, the core foundation things will always be more valuable and safe.
For me BNB is the best for the BSC chain
, it doesn't take too long to learn new things, the core foundation things will always be more valuable and safe. 
As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
Its better to do your own research as no one can give an unbias response to your question. Since you are also looking to invest in BSC projects, So expect to receive spam offer from different developers peddling their scam token project.
As compared to ERC, BSC project with a different concept. Many altcoin had use of this Bsc project.Because the transaction fee is low as compared to Erc20.With this some coin with the value of 0.000001$ can only trade with the bsc.After Bsc came, many project with less value was get into market.This made a huge impact on the altcoin with very less price.
Yep. Lower fees are the main reason many new projects use BSC but unfortunately, there are a lot of accusations
that the majority of the projects on BSC are plagiarized projects from Ethereum
And Musical Beats is an example, they closed the project a few days after accusations of plagiarism were leveled by the Ethereum team.
As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
First of all, BSC hype is going on and that's why many projects are doing well in this market. Not only this, binance is also supporting many projects for the growth of the BSC ecosystem. If OP wants to do yield farming, than it would be great to go for pancakeswap or bakeryswap as both are introducing many new pools for us. As always, DYOR before participating into any projects as defi is just on the early stage and many projects faced flash loan attack or smart contract exploited previously. Well there only one Project on my Mind and that was Pancakeswap, Their Natice Currency CAKE is already giving ROI more than 10x from last december beside that it also have high APY return and i personally already got some sweet profit from staking CAKE, Beside that it's also offering other use case like Lottery, Collectibles (NFT), Prediction and many more to come, Not just as DeFi but Pancakeswap becoming an innovative dApps so far especially on the BSC. So i really recommend it take look at it, Good luck!
Agree... Pancake is phenomenal
And I like Pancake because there are so many events on the Pancakeswap and it is very beneficial for the BSC community.
This platform and CAKE token will be a very good token at least until the launch of eth 2.0
As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
You must answer a question that why people like Binance Smart Chain and projects one the chain?If the answer is simply because of cheaper transaction fees than in ERC_20 chain, it is no convincible. Fees will be high, expensive then cheap. In crypto, many altcoins have very very cheap transaction fees because price of coins are very very cheap. This basic cheap specification does not help them to have too much transactions per second Tx per second. Price is low as well.
You must differentiate between good projects and bad projects. Chains, BSC, cheap transaction fees don't make good projects.
Today the bsc network is very vulnerable to hacker attacks lately 7-8 projects have been robbed for a couple of tens of millions of dollars because before investing, you must take the possible risks of losing money.
Are you sure that the fault is on BSC itself or the those projects have bad team who don't know what they are doing? We have audit platforms that can even make projects security get stronger too and I don't see many new projects using them, I don't believe that BSC is at fault here
Today the bsc network is very vulnerable to hacker attacks lately 7-8 projects have been robbed for a couple of tens of millions of dollars because before investing, you must take the possible risks of losing money.
Well there only one Project on my Mind and that was Pancakeswap, Their Natice Currency CAKE is already giving ROI more than 10x from last december beside that it also have high APY return and i personally already got some sweet profit from staking CAKE, Beside that it's also offering other use case like Lottery, Collectibles (NFT), Prediction and many more to come, Not just as DeFi but Pancakeswap becoming an innovative dApps so far especially on the BSC. So i really recommend it take look at it, Good luck!
Take into consideration the history of each platform before buying their token. There were a lot of flash loan attacks recently and rug pulls prior to that. My personal favorite for farming/staking BSC tokens is ApeSwap. You should probably avoid BurgerSwap after repeated exploitation within days after the first flash loan.
Alot of project has been used BSC, but also many of them have the same purpose. We should be take some project that really have working product and development by strong team. My pick for BSC project is Cake, Bake, Bondly, Shield and INJ.
As, all we know that Binance smart chain projects are more trending these days. I am interested to invest in these BSC , which one is best for 2021?
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