Banano Price

What Is BANANO

 

BANANO describes itself as a feeless, instant, rich in potassium cryptocurrency powered by DAG technology, aiming to disrupt the meme economy. It has easy-to-use apps, distributed for free through airdrops, faucets, and games in a fun, meme-rich, educational atmosphere.

BANANO is a 4th-generation fungible and edible cryptocurrency and has a particles.js background. It is a fork of NANO that has similar objectives as the NanoCenter,  but with more memes and lower PoW requirements. Yet, one of the most significant differences between them is that BANANO started with over 3.4 billion coins, which allows them to fuel the tipping economy and fund community projects.

BANANO follows a gamification approach by striving to expose people to cryptocurrency who previously never interacted with it. It is also meant to be an educational cryptocurrency aiming to educate newbies to become familiar with essential concepts by giving them some BANANO through games and faucets. 

BANANO offers a deflationary program called "BANANO Buy-Back and Burn" to antagonize BANANO price inflation during their distribution phase and stabilize markets.

BANANO does not require mining and is, therefore, a highly innovative example of green cryptocurrencies. It offers Banano Miner based on Folding@Home technology to distribute BANANO to the users who give some of their CPU / GPU power to run protein fold simulations, which help researchers fight Parkinson's, Huntington's, Cancer, and many more diseases.

BANANO’s mobile wallet is Kalium.  If you are using a browser, you need to create a new wallet on BananoVault.

 

Who Are Banano Founders
 

Banoshi Nakanano is the founder of BANANO. The concept of BANANO was created by a group of dedicated NANO contributors who put in a lot of effort to make it happen.

The BANANO community has been growing steadily ever since this particular Sunday of 2018. It all started as a joke when two developers decided to launch a meme-coin, a "fun and idiot-proof cryptocurrency based on memes."  ChocolateFudCake#1337 and renesq#4080 on Discord,  the two BANANO fathers ,  announced BANANO's birth on April 1st.

The genius idea of BANANO is to enable users to get started with cryptocurrencies without spending a penny nor worrying about losing money or getting hacked.

How Does BANANO Work

BANANO uses BoomPoW, a Distributed Proof of Work System (DPoW), to act as an anti-spam and provide reliable, fast proof of work to NANO and BANANO apps and services. As a result, the BANANO protocol runs on low-power hardware, enabling it to be a lightweight, practical, and decentralized cryptocurrency for everyday use.

The DAG technology allows each user to be the master of their own blockchain. BANANO's total supply is fixed and has been pre-mined, hence the need for free and fair distribution, with various competitions and airdrops taking place in multiple ways. 

MonkeyTalks is its proof-of-concept website, a combination of a BANANO faucet and an on-chain messaging platform giving out free BANANO with an actual application.

The public key is known as a MonKey. MonKeys are identicons for BANANO, representing each address in a unique way. 

The BANANO Republic is an ecosystem of more than a thousand citizens with unsurpassed creativity. BANANO is a pro-active community that actively works on its various projects. Members of the community have created various fascinating projects, such as: implementing BANANO into Minecraft, creating guild rewards for mobile games, and much more.

 As the definitive meme coin with a fair and funny distribution, the BANANO  team rewards the most creative people in the community through their Discord server. So, everyone can earn some BANANO by making some funny memes or by winning one of the multiple competitions, such as music trivia, drawing or costume competitions, and crypto riddles.

 

Where Can You Buy BANANO

BAN is a cryptocurrency that is currently listed on several exchanges. The $BAN has a monetary value that is more or less stable and follows market rules. You can buy it directly or use free distribution methods, such as airdrops, contests, and giveaways. Scroll down for a list of platforms where you can buy BANANO:  Mercatox.com, Coinex.com, Txbit.io, Qtrade.io, Unnamed. exchange, Vitex.net.