BACON meaning in Cryptocurrency ?

Answer:

What Is BaconDAO (BACON)?

BaconDAO is a community driven crypto and NFT launchpad. $BACON token holders have access to the membership content such as daily IDO alerts, and Bitcoin analysis.

BaconDAO is also building the first NFT launchpad with NFT Tickets representing vested private sale tokens. Each NFT ticket has tokens locked in according to the private sale ticket's vesting schedule. The locked tokens can only be claimed by the NFT owner’s address.This allows users to transfer and trade Private Sale Ticket NFTs.

This crenates an opportunity for investors to acquire exit liquidity before the full vesting period is complete for their investments. There is already a booming secondary market for trading vested token investments, this NFT solution provides a universal standard to satisfy this market demand.

BACON is the native utility token that is used for:Membership content accessAcademy courses accessGovernance and voting on new contentLaunchpad participation accessHow Many BACON Coins Are There in Circulation?

BaconDAO launched its token in Q2 of 2021. There is a fixed total supply of 200,000,000 (200 Million). No more BACON tokens can be created.

Who Are the Founders of BaconDAO?

BaconDAO is led by the Crypto education and developer Dennis Liu, also known as VirtualBacon. The core team currently consists of 5 other members covering development, design, operation, marketing, and community.

BaconDAO also includes 20 community contributors and moderators who have demonstrated knowledge and experience within the community since it was founded in 2019.

This community grew to over 20k members organically, and became to known as BaconDAO.

reference

Full Form	Category
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BaconDAO	Cryptocurrency
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