1D
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United States Dollar logoUSD
BR34P (BR34P)BR34P
$109.62
-4.57%
BR34P (BR34P)
BR34P Price
$109.62
-4.57%
Rank
#4,366
Market Cap (24H)
Unknown
Volume (24H)
$45,867
195.06%
Circulating Supply
Unknown
Transp. Vol.
Grade
1H1D1W1M1Y
-4.57%
BR34P
United States Dollar logo
USD
BNB0xa86d3...bb38523
BNB
Verify address & DYOR
Contract
BNB0xa86d3...bb38523
BNB
Verify address w/ multiple resources & DYOR
Blockchain
Websitehttp://br34p.finance/
CommunityTelegramGithub
BR34P is a soft fork running on BSC (Binance Smart Chain) constructed as a secondary layer on Reflect Finance (RFI). Th...Read more
Prediction

BR34P Price (BR34P)

BR34P Daily Performance

Today's BR34P price is $109.62, which is down 5% over the last 24 hours. BR34P's market cap is unknown. 24 hour BR34P volume is $45,867. It has a market cap rank of 4366. BR34P is traded on exchanges. BR34P had an all-time high of $379.98 8 months ago. Over the last day, BR34P has had 0% transparent volume and has been trading on 10 active markets with its highest volume trading pairs being .

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BR34P Statistics

BR34P Price (24hr)$109.62 (-4.57%)
Market Cap
Trading Volume (24hr)$45,867 (+195.06%)
Transparent Vol. (24hr)
Unknown
Transparency GradeUnknown
Circulating SupplyUnknown
All-Time High
$379.98-71.15%
1/27/2022 (8 months ago)
7D Price Prediction
$125.91

Price

$109.62
Price Change
-$5.2476 (-4.57%)

All-Time High

$379.98
Date of ATH1/27/2022
Days Since ATH245
% of ATH28.85%
Price vs ATH

About BR34P

BR34P is a soft fork running on BSC (Binance Smart Chain) constructed as a secondary layer on Reflect Finance (RFI). This is a deflationary token that enables high rewards to liquidity providers (LPs) and token holders. Since payments are released automatically, there is no need to claim BNB rewards.

The main benefit of the asset is the low network fee which makes up only 1% per transaction and gets redistributed to all holders of the token automatically. At this, the same amount (1%) is sent simultaneously to a special wallet for burning to preserve the value of the token. Thus, the burning mechanism helps to decrease the total supply of the asset by constantly removing tokens from circulation.

The team behind the project includes a famous cryptocurrency expert Forex_Shark who has a few successful projects behind his shoulders. One of them is the DRIP Network token released by the deflationary daily ROI platform in April 2021. The tax paid by the members of the ecosystem was sent into the faucet pool employed for referral bonuses and daily rewards for holders. Despite a high tax (10%), the responsive and vibrant community was very supportive and helped the project succeed.

BR34P system

Within the system, the rewards are sent directly to holders and liquidity providers who can immediately increase the amount of assets held and thus increase their rewards as well, and, correspondingly, the number of tokens burnt. This circle brings a compound effect resulting in an exponential growth curve.

In one of the interviews, the founder admitted that all his projects are always fully completed and functional when launched. He confessed that the platform had additional development layers added after the launch. These are smart contracts with a cross-chain bridge built in advance but their introduction ahead of time could distract users from primary contracts. Therefore, their release was scheduled in a couple of weeks after the launch so as not to be overwhelming. The team of the platform has also developed an NFT deployer and is focused on the NFT game at the time of writing.

BR34P token

As stated above, BR34P is a soft fork of R34P token that was created on the basis of the Binance Smart Chain. R34P token in turn is a soft fork of Reflect Finance project.

BR34P value comes from its scarcity and deflationary nature. Being a censorship-resistant asset built on a robust blockchain, it has all prerequisites of an asset presenting a reliable store of value. Its total supply is 100,000 BR34P. BR34P project promotion

The platform has created a brilliant referral system that had been long growing on the basis of organic marketing. The team creates YouTube videos and translates them into the most widely spoken languages to spread the word about the project throughout the world. For instance, there are about 20 videos on DRIP token presale alone. The documentation also targets international customers. Therefore, the promotional material is translated into several languages including common European languages as well as Turkish, Mandarin, and Korean. To fit local standards, the team hires native speakers to translate the content.

Thus, the project hired a Chinese marketer who used native Chinese devices to launch the platform on the servers that could access native Chinese apps such as WeChat. Thanks to these efforts, the platform has managed to raise billions of dollars from the Chinese market, particularly via WeChat. At this, the marketers are not paid for their job but are rewarded via the referral system.

The ecosystem creates a new type of subscription program when the promoters join the team of the company and get exclusive access to the content. As a result, they become a part of a private group in Telegram and get the content to promote it further to earn referral bonuses. Thus, some of them have earned 6-number figures on this activity. The team plans to develop the dApp for this goal as well.

Choosing influencers with large lists of followers, the platform doesn’t necessarily target the groups of cryptocurrency enthusiasts as cryptocurrency-related channels don’t typically have such massive audiences. Therefore, the main goal is to reach as many people as possible regardless of the channel topic. In this way, content distributed by the platform becomes educational and helps people who don’t know anything about crypto.

BR34P team

The founder and primary developer of the BR34P project is Forex_Shark who is also a lead developer of the R34P project. He is a cryptocurrency enthusiast who has been involved in this industry since 2012 having bought his first bitcoins for 14 USD per coin. He was involved in the organization of the first ICOs and helped over 30 blockchain projects to grow. Having accumulated experience as a full-time trader and investor for more than a decade, he started working in the cryptocurrency industry as an advisor for many large projects such as Blockcloud, Trustswap, MahaDAO, and RioDAO. He handled the presale for Black Dragons helping the project raise millions of dollars. Contributing to the growth of numerous projects, he has eventually come up with the concept of his own community. The token R34P released in 2020 became very successful so he decided to push the project further and create a whole ecosystem.

Though Forex_Shark is a lead developer, there is a team of “extremely bright admins” as he names them who help him in all aspects of the project except for such matters as the funds’ management and primary contracts for security reasons. Forex_Shark doesn’t reveal his real personality, explaining this by the fact that the cryptocurrency industry still remains in the gray area.

BR34P partnerships

The platform pays much attention to expanding its presence, therefore, it has concluded a partnership with FocusVisual, a streamer management company helping about 40 large streamers on OnlyFans, Twitch, and other platforms. Based in South America, the company targets the audience that is paying for content and thus helps BR34P ecosystem to get exposure to their wide scope clients.

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BR34P Markets

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BR34P Historical Data

(Past 7 Days)
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Frequently Asked Questions

  • What’s the current BR34P price? How much is 1 BR34P worth?

    The price of 1 BR34P is $109.62. Over the last 24 hours, a BR34P is worth -4.57% less. Visit our currency converter page to convert BR34P prices to currencies other than USD.
  • When did BR34P start?

    The earliest trading data for BR34P is on February of 2021 (based on current exchange data).
  • How high can the BR34P price go?

    BR34P’s price has gone as high as $379.98 (which is BR34P’s all-time high). It achieved this price 8 months ago. Speculations abound for how high BR34P’s price will get in the future.
  • What's the smart contract address for BR34P?

    BR34P's smart contract address is 0xa86d305a36cdb815af991834b46ad3d7fbb38523.

Today's BR34P / BR34P News for September 29, 2022

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