Today's Alpha New Launch: BAS (BAS) & Caldera (ERA) One-Minute Project Interpretation
BAS token and BASCAN project are a decentralized data storage platform that uses blockchain technology to address security and privacy issues in traditional storage. Users can participate in storage or verification with BAS tokens, similar to cloud storage but more secure, and can also earn rewards. The project is created by blockchain and data security experts and has received $15 million in support from venture capital firms like a16z and Dragonfly Capital. The community has over 50,000 active users. The total issuance of the project is 10 billion tokens, with 200 million BAS (2%) released in the Pre-TGE phase, priced at approximately $0.001/BAS. Following that, a 12-week Booster campaign is set up, releasing 600 million BAS (6%) in batches to reward users participating in tasks. BAS can be used to pay for on-chain certification fees, access BAScan and Passport data, enhance reputation scoring, and participate in governance, serving as an important foundation for the community's trust mechanism.