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Word on The Street
10/19/21: Projects that have recently listed to CoinGecko — BitUp, Monster Island, French Connection Finance, AdaBoy
Word on the Street aims to keep MainStreet Readers up to date with the latest news from partnered projects and others
BitUp (BSC)
Launching October 14th and listing to CoinGecko a mere two days later. BitUp claims to be the first automatic rebase token that provides BTC rewards. Simply earn BTC by holding BitUp in your wallet. Employing an elastic supply protocol, the supply is ever decreasing. Even the amount in holders wallets. Although the percent of supply they own stays the same. These tokenomics ensure a healthy looking chart by burning supply during “rebase”. The 15% tax contributes to the liquidity, BTC rewards, and buybacks when needed to support the chart. To learn more about BitUp see their whitepaper here
Monster Island (BSC)
Listed to CoinGecko October 17th, Monster Island is drawing a striking resemblance to Pokémon. Using fire, water, and rock elements to classify monsters that can battle, upgrade, and create next generation monsters for their owners. While relying on a secondary trading market to drive price and demand. Already in existence for a month and with what looks to be an already functionable…