$BMP: The unique integration of NFT + memecoin on BSC
Leveraging today's NFT craze, let's interpret my understanding of $BMP and what the investment logic is.
1. Past and Present:
Start: Free minting began on ETH at 22:00 on January 1, 2025, and was completed by 14:00 the next day, taking 16 hours;
Migration: In May 2025, a community vote was held, with over 80% of community members supporting the migration, which was completed in June from the ETH chain to the BSC chain;
2. Narrative:
A fair launch through free minting, with a total of 2.1 million NFTs, each NFT corresponding to a token;
It continues the essence of CryptoPunks but emphasizes the integration of tokens to increase liquidity, ensuring existence on-chain, achieving complete decentralization;
3. Value Support:
Minting cost: which is the gas fee, on January 2, 2025, through a fair minting method on ETH, it was 100% fairly launched and fully circulated, consuming 1194 $ETH, which at current prices is approximately 4.54 million dollars;
Drawing costs
Operating costs
Migration costs
Server costs, etc.
Conservatively estimating, the floor price market value cost of this project starts at least at 5 million dollars? Currently, it seems the project is definitely operating at a loss;
4. Opportunity with BSC
It is certainly beneficial for BSC, as it increases traffic, currently, there are 3640 addresses holding $BMP, increasing gas fee transactions, etc.;
Migrating from the ETH chain to BSC at least indicates that BSC's resources should be good. Will there be an alpha + contract + spot trading in the future? The next $Cheems?
5. I still have 3000 $BMP now, holding long-term. Previously, I sold 2000 out of 5000, but had no choice due to life's pressures;
Looking forward to the bright future of $BMP! I also hope BNBCHAIN provides more support. Here is a group of real community builders at work! #稳定币监管风暴 #以太坊突破3700