💎Communities and Coins
Last updated
Last updated
MAIN is made up of many thematic communities called boards, which are created and managed by users like you. Each board has its own moderators, topic, and rules.
Users own communities through their coins, special tokens on the BNB Smart Chain blockchain.
The price of each coin goes up when people buy and goes down when people sell. If you believe in the potential of a community, you can buy its coins and succeed with them financially when that community realizes its potential.
Coins are bought and sold for MAIN tokens. The more coins a community has, the higher its total value.
If you want to buy coins from the community, it will happily mint them and sell to you according to the current price curve, making it more and more expensive as more coins are purchased. The tokens you use to buy the coins gets “locked” in the community in exchange for the coins. On the flipside, if you want to sell coins, the community will happily buy them from you according to the curve using the tokens locked from previous buys.
So buying creates coins while pushing the price up and locking tokens into the community, while selling destroys coins while pushing the price down and unlocking tokens from the community.
Board coins offer several benefits besides ownership. Coin holders can:
To learn more about board coins, you can read this article.