Banana

What is BANANA?

BANANA is a utility and governance token that powers various aspects of the Cyberkongz ecosystem. From breeding to customization and gaming experiences, $BANANA plays a central role in CyberKongz activities.

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Recent Video Interview

Main points of the interview:

• Rebranding: CyberKongz is evolving from a PFP project into a wider NFT ecosystem, integrating gaming, metaverse elements, and a play-to-earn model.
• Gaming Focus: aim to develop a robust gaming platform with engaging experiences and economic incentives.
• Community Engagement: plans for decentralized governance and collaborative decision-making.
• Future Vision: includes expanding into new markets, enhancing the NFT utility, and fostering innovation in the blockchain space.

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What is CyberKongz?

Founded by the artist Myoo in March 2021, CyberKongz began as a unique collection of 1000, 34x34 pixelated NFT gorillas, known as the Genesis Collection. The project quickly gained traction for its innovative NFT mechanics, including the introduction of unique tokenomics for their utility token $BANANA and the concept of breeding and Babies. Additionally, CyberKongz expanded its offerings to include the VX collection, 3D avatars designed for the metaverse and gaming, which are considered the most interoperable avatars of any Web3 project.

Supported by a passionate core community, CyberKongz continues to push boundaries in the NFT space. The ecosystem, now including Play & Kollect, boasts one of the most expansive ecosystems in Web3, focusing on utility, innovation, and interoperability while also expanding into traditional Web2.

CyberKongz Ecosystem

Play & Kollect

Jungle Adventure, a gamified minting experience within CyberKongz, rewards holders with rare items and NFTs using the Play & Kollect mechanism. With plans for community expansion and partner collaborations, Play & Kollect aims to offer diverse token yields and airdrops.

CyberKongz has migrated its web3 gaming experience, Play & Kollect, to Ronin, a move that promises minimal gas fees and a smoother user experience. Fully on-chain and redesigned for Ronin, Play & Kollect anticipates future expansions and collaborations within the web3 gaming space.

Game Utilities

The ecosystem includes various utilities, such as Kongium, Kredits, encounters, gear, and tiered runs, enhancing the gaming experience and fostering fair distribution of rewards.

Social Impact

CyberKongz is dedicated to making a positive impact on both the digital and physical worlds. Through charitable donations to organizations like Orangutan Outreach, Virunga National Park, and COTAP, CyberKongz demonstrates its commitment to conservation, environmental sustainability, and social responsibility.

Expansion into the Metaverse

CyberKongz's expansion into the Metaverse represents a strategic move into various virtual worlds, positioning itself as a key player in the burgeoning metaverse arena. By investing in assets across platforms like The Sandbox, Axie Infinity, and Ember Sword, CyberKongz is actively shaping the metaverse landscape. Each platform offers unique opportunities for engagement, allowing CyberKongz to create tailored experiences for its community.

With ownership of 800 LANDs in The Sandbox and 110 Forest plots in Axie Infinity, CyberKongz enables its VX owners to use their NFTs as avatars and access exclusive wearables. Additionally, the acquisition of 63 plots of land in Ember Sword presents opportunities for immersive MMORPG experiences. These investments position CyberKongz to capitalize on emerging trends, driving deeper community engagement and value creation.

Through its presence across multiple metaverses, CyberKongz is pioneering the future of social interactions, gaming, and digital ownership. With a focus on enhancing community engagement and fostering innovation, CyberKongz aims to unlock new avenues for value creation within the expanding metaverse landscape.

Team Background and Partners

Meet the CyberKongz Council: ofkongz, myoo, LXXY, svenstar, Coco, Bear, Clumsier, Owl, and Henry The Grape. The project's partners include The Sandbox, Metakey, Nemus, NiftyLeague, Pepoo Paradise, World Wide Web, About You, Evaverse, CryptoFoxes, Legends of Venari, Uniqly, The Little, Chainlink, Arcade...

Project Development

The CyberKongz lead Solidity Developer, OwlofMoistness, introduced the Guardian Contract in March 2022, offering on-chain two-factor authentication for NFT security. This innovative solution addresses a significant industry risk, combining hot wallet flexibility with hardware wallet security. Implemented since Play & Kollect's launch, the Guardian Contract has safeguarded CyberKongz VX assets, with successful asset retrieval in hacking incidents. Its adoption by projects like Memeland & Keungz underscores its significance in web3 security. Bringing this technology to Genkai holders and Ronin Network showcases CyberKongz's commitment to holder protection and advancing web3 security standards.

Banana Price Analysis

As of November 25 2024 Banana has a marketcap of $2.3M. This is {{percentagefromath}} from its all time high of $122.48. In terms of its tokenomics, there's a total supply of 12M with 64% currently outstanding. Keep in mind Banana has a fully diluted value of $3.6M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.