HBC20 by HashBitorg addresses modern blockchain limitations HBIT
The blockchain’s tokenomics is underpinned by HBIT, a BEP-20 token on BNB Smart Chain . Every HBIT on BSC is mirrored by a token on the native HBC20 chain, which will be released to investors once the token sale has ended. The BSC-based version of the token was activated on Oct. 26, 2022, via a public auction.
As such, the HBC20 network has achieved way more impressive transactional speed than its major competitors in the segment of programmatic blockchains. The platform also operates with ultra-low transactional fees: every transaction is only charged with 0.000021 HBIT. Operations with smart contracts can be charged with slightly higher fees, but, in general, all transactional costs remain negligible on the HBC20 blockchain.
the go-to solution for decentralized applications on Ethereum and EVM-compatible blockchains of previous generations. However, HBC20 itself is building a multi-product ecosystem of applications and platforms for retail users and entrepreneurs. Then, HBC20 has onboarded a native marketplace for non-fungible tokens . Digital art enthusiasts with various levels of expertise in blockchain, crypto trading and the like can launch and release their collections to the general public with no intermediaries involved. This platform unlocks massive opportunities for traders, commissioners and NFT collectors.
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