CakePunks, the NFT Project Disrupting the Decentralised Collectible Space
Seoul, South Korea / SEAPRWire / September 15, 2021 /– Recently, CakePunks announces the launch of ERC-20 bridge. This allows for the token to be purchased with Ethereum as well as BNB. The token initially occupied the Binance Smart Chain and as such could only be purchased with BNB, the bridge is now available on FibSwap, a decentralised exchange which prides itself on it’s -cross chain capabilities (https://www.fibswap.io/). Cross chain communication is a problem for cryptocurrency traders throughout the world, fib swap solves this issue by creating a ‘bridge’ which allows different blockchains to communicate with each other. Allowing for the purchasing of CakePunks with Ethereum paved the way for the onboarding of a whole new set of investors prior to the release of the next batch of NFT’s. The CakePunks token allows for holders to purchase limited edition NFT’s through the CakePunks proprietary DApp (Decentralised Application), the initial batch of 100 were released on Monday 6th of September. The CakePunks tokens used to purchase these NFT’s were then burned, essentially removing 12% of the supply from circulation forever. This will allow for a higher price floor to be set and...
