Burger Swap

BurgerCities (BURGER) is a utility token at the heart of the BurgerCities ecosystem, a one-stop MetaFi platform that combines decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming within a metaverse framework. Originating from BurgerSwap, a DeFi product on the BNB Chain, BurgerCities aims to create a unified and standardized Web3 metaverse world. In this world, users can engage in daily social and gaming activities, trade, stake, participate in NFT exhibitions, and more, all while using their own avatars. The platform seeks to inject new vitality into the metaverse and Web3 applications by integrating DeFi and NFT into a broader metaverse scene.

• Token Standard:

• BEP-20, native to the BNB Chain.

• Total Supply:

• 63,000,000 BURGER.

• Initial Supply:

• 21 million BURGER.

• Additional Issuance:

• 42 million BURGER approved via a Snapshot proposal in July 2022.

• Utility:

• Governance, liquidity rewards, trading in-game items, and earning through in-game activities.

• Allocation:

• Incentive:

• 50% (36-month lockup, 1.39% quarterly release)

• Team:

• 10% (36-month lockup, 0.83% quarterly release)

• Strategic Financing:

• 10% (Case dependent)

• Project Operation:

• 6% (36-month lockup, 0.5% quarterly release)

• Liquidity Management:

• 4% (36-month lockup, 0.33% quarterly release)

• Ecological Development:

• 12% (36-month lockup, 1% quarterly release)

• Reserve:

• 8% (36-month lockup, 0.67% quarterly release).

As of today #{today’s date}, the price of Burger Swap is ₹41.65 INR or 0.4706 USD, with a 24-hour trading volume of 37847132.44 USD. The market capitalization for Burger Swap is 26710909.35USD. The circulating supply is 56894126.36 Burger Swap, with the total supply also being 57269128.09 Burger Swap.

Pros:

• Versatility:

• BURGER tokens offer a wide range of utilities within the BurgerCities ecosystem, including governance, liquidity rewards, and trading in-game items.

• Incentivization:

• Users can earn BURGER through participation in daily and achievement tasks within the game, promoting active engagement.

• Governance Participation:

• Holding BURGER tokens allows users to vote on updates or proposals, giving them a say in the platform’s development.

• Cross-Chain Functionality:

• As a BEP-20 token, BURGER benefits from the efficiency and lower transaction costs associated with the BNB Chain.

• Ecosystem Growth:

• The integration of DeFi, NFT, and gaming within a metaverse framework offers a comprehensive Web3 experience, potentially increasing the token’s value as the ecosystem grows.

Cons:

• Market Volatility:

• Like all cryptocurrencies, BURGER is subject to market fluctuations, which can lead to unpredictable investment outcomes.

• Development Stage:

• As the project is still under development, unforeseen challenges could affect its success and, by extension, the value of BURGER tokens.

• Limited Use Case Outside Ecosystem:

• Currently, BURGER’s utility is primarily confined to the BurgerCities platform, which may limit its broader adoption.

• Competition:

• The metaverse and DeFi space are highly competitive, with many projects vying for user attention and investment.

• Regulatory Risks:

• The evolving regulatory landscape for cryptocurrencies and metaverse projects could impact BURGER’s utility and value.

• Innovative Ecosystem:

• BurgerCities’ unique integration of DeFi, NFTs, and gaming within a metaverse framework offers a novel investment opportunity in the burgeoning Web3 space.

• Earning Potential:

• The platform’s play-to-earn model and various incentivization mechanisms provide multiple avenues for users to earn BURGER tokens.

• Governance Rights:

• Investors have the opportunity to influence the platform’s development and future direction through governance participation.

• Strategic Partnerships and Growth:

• As the ecosystem expands and forms strategic partnerships, the demand for BURGER tokens could increase, potentially enhancing their value.

• Early Adoption Advantage:

• Investing early in a project with a comprehensive approach to integrating DeFi, NFTs, and gaming could yield significant returns as the platform matures and gains wider adoption.

• Comprehensive MetaFi Ecosystem:

• BurgerCities distinguishes itself by offering a one-stop platform that seamlessly integrates DeFi, NFTs, and gaming within a metaverse environment.

• Governance and Incentivization:

• The platform empowers users with governance rights and a robust incentivization model, encouraging active participation and investment in the ecosystem.

• Cross-Chain Functionality:

• Leveraging the efficiency of the BNB Chain, BurgerCities offers a cross-chain aggregator of DEX and CEX protocols, enhancing liquidity and user experience.

BurgerCities addresses the fragmentation in the current Web3 landscape by creating a unified and standardized metaverse world. It solves the problem of isolated DeFi, NFT, and gaming platforms by integrating these elements into a cohesive ecosystem. This approach not only enhances user experience but also fosters a more vibrant and interconnected Web3 community.

BurgerCities is a community-driven project founded in September 2020 by an anonymous team of experienced developers

The token sale took place on 30th September. However, the exact year, listing date, and initial allocated units are not specified.

• Developmental Risks:

• As the project is in development, there is a risk of delays, technical issues, or failure to meet community expectations.

• Market Competition:

• The crowded metaverse and DeFi space mean BurgerCities faces stiff competition, which could impact its growth and token value.

• Regulatory Uncertainty:

• Changes in cryptocurrency regulations could affect the platform’s operations and the utility of BURGER tokens.

• Limited External Utility:

• The utility of BURGER tokens is primarily within the BurgerCities ecosystem, which may limit their broader market appeal.

• Adoption Rate:

• The success of the platform and the value of BURGER tokens are heavily dependent on user adoption and engagement within the ecosystem.

The whitepaper for BurgerCities has yet to be published.