In the name of Allah, the Most Gracious, the Most Merciful
Does the symbol start? Or does it transform? And is the difference even important? 🧬
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In the world of networks, everything starts from a need. From a moment of pressing. From an unclear idea.
BNB was not just a "currency"; it was a seed. It was planted inside Binance, but its intention was broader than that.
What does it mean? It means it was not just a functional tool; it was a symbolic nucleus forming.
🔹 Why did Binance launch its own token?
🔸 To reduce trading fees, attract new users, and gather quick funding.
What does this mean? Because the platform needed an internal mechanism to build its own economy.
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🌱 🜁 Origin: A seed within a network
BNB appeared in July 2017 as an ERC-20 token on Ethereum.
The goal? Clear and simple:
🔹 Reducing trading fees by 50%
🔹 Attracting new users
🔹 The platform's funding through ICO raised about 15 million dollars
But this was just the beginning. Just a preliminary cover.
In 2019, the symbol transitioned from Ethereum to Binance Chain.
What does this mean? To have sovereignty. To not be a follower. To be an independent entity.
🔹 Was the transition from Ethereum to Binance Chain purely technical?
🔸 No, it was very symbolic. As if the symbol said: "I am not just a tool, I am an independent structure."
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🔄 🜂 Transformations: From discount to entity
BNB did not settle for its first function. It started to expand, add new functions, and change its shape:
🔹 Its use in trading fees
🔸 It means direct discount, but also connection with the platform.
🔹 Launchpad
🔸 It means entering new projects, as if it's a symbolic gateway to other worlds.
🔹 Periodic burning
🔸 It means reducing supply, but also a continuous signal of commitment.
🔹 Staking and Yield
🔸 It means entering the world of decentralized finance, meaning BNB became part of a parallel economy.
🔹 Payment outside Binance
🔸 It means the symbol left its home and began interacting with the world.
🔹 Was every new function just an addition?
🔸 No, it was a new unit operating within the symbolic structure. Every function reshaped the symbol itself.
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🔥 🜁 Burn: Calculated reduction
From day one, Binance announced it would periodically reduce the supply of BNB.
Not a marketing move, but a symbolic signal that says:
🔹 We are committed
🔹 We organize the supply
🔹 We maintain value
Until now? More than 48 million BNB have been reduced.
That means about 14% of the total supply.
🔹 Does reduction really increase value?
🔸 Not always, but in the case of BNB, it created calculated scarcity.
What does this mean? Because every unit reduced enhances the user's feeling that what they have has weight, and that the platform is operating seriously.
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🧠 🜁 Reflection: Beginning? Or reshaping?
Did BNB start? Or did it gradually form?
Was it a moment? Or a series of transformations?
🔹 Did BNB emerge as a currency?
🔸 No, it emerged as a functional tool, but its intention was symbolic.
What does this mean? Because a symbol that starts with a function can develop if the intention behind it is clear.
BNB was a seed.
It was planted in a functional ground.
But this land was fertile.
And the seed grew.
It became a symbolic tree.
It became an entity.
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🧭 🜁 Symbolic conclusion: The beginning of the journey
This is not a currency story.
This is the story of a symbolic entity.
It started from within and reshapes what surrounds it.
In the next article? We will enter the stage of structural transformation.
We will see BNB as it leaves its old shape and takes on a new function.
From a tool... to an economic power.
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📣 Do you see in this proposal anything worth adding or reshaping?
Every opinion or technical correction is appreciated, and the text is subject to updates that serve the meaning and respect intellect.
🛡️ Your decision is yours, and the symbol is yours.
Read
A, understand, think before implementing.
Do not convey an idea before you understand its context.
Your decision is your responsibility.
And I absolve myself of the outcomes.
— Mo . Alex ✍🏼
🜂
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