EverGrow Coin: A Stable Passive Income
A Passive Income Rewards Token on the Binance Smart Chain Network
Micheal Preble, March 18, 2023
What is EverGrow?
EverGrow is a stable-coin rewards crypto token that has become the leader in its field by distributing more than $38 million to its holders via a unique passive income system. The project was launched on the Binance Smart Chain on September 25th, 2021, under the supervision of Sam Kelly, the Chairman of the Board, and an experienced team of developers, designers, and marketing specialists. The primary objective of EverGrow is to make it one of the top 20 crypto projects while revolutionizing the passive income web 3.0 movement. EverGrow boasts over 139k holders from 150 countries and over 100k social media followers and members.
The Evolution of Passive Income
EverGrow offers a new way to generate passive income via its revolutionary blockchain-based tokenomics system. Holders earn passive income 24/7 simply by holding EverGrow in their crypto wallet. This differs from traditional passive income sources such as rental properties, royalties, or stock dividends. Initially, rewards are generated from every Buy, Sell, or Transfer of EverGrow Token ($EGC) based on the total amount of $EGC held. When the suite of revenue-generating utilities launches, holders will have additional sources of passive income.
How Does EverGrow Work?
EverGrow coin offers stable passive income for its holders through a token rewards system that triggers every transaction. Whenever an investor purchases, trades, or buys the token, a 14% transaction fee is collected by its contract. Of this fee, 8% is distributed back to the investors in the form of BUSD, similar to the traditional stock function of a dividend. The passive income of BUSD helps keep the token’s value relatively stable over the long term, even if the value of the EverGrow Coin fluctuates, by simply holding it in a wallet.
The remaining 6% of the transaction fee is divided equally into thirds and distributed between a liquidity pool, buyback and burn, and development and marketing. Currently, all net profits are directed toward buyback and burn, but the project’s ultimate goal is to return 100% of the profit to investors as passive income.
One notable aspect of EverGrow is that its founders and team can only generate income and operating revenue via the same rewards system as investors. This means that both the investors and the coin’s creators share the same goal in what EGC Chairman Sam Kelly calls a “share in an ecosystem” coin.
Passive Income with $BUSD
EverGrow Coin generates passive income for investors and holders through rewards tokens on the Binance Smart Chain network. Each transaction triggers an 8% earning of BUSD, regardless of the value of EverGrow Coin at any given time.
For instance, crypto investor Jesse Eckel invested $2,500 in EverGrow Coin for three weeks. Although this falls short of the coin’s long-term goals, Eckel was fortunate enough to experience a profitable return due to rising prices at the time. His investment grew to be worth more than $15,000 and earned him $138 BUSD. Even if the coin price had not risen, Eckel would have still gained a 5.5% return on his investment.
The connection between EverGrow and Binance is significant because it addresses one of the early criticisms of EverGrow Coin: finding and purchasing the token on any exchange was challenging.
The EverGrow Ecosystem
EverGrow is developing a new ecosystem of utilities designed to create further passive income sources for its holders. The suite of applications includes “Crator,” which is the world’s first content subscription platform that integrates both crypto and FIAT payment options, “LunaSky,” a cross-chain supported NFT Marketplace for buying, selling, and minting NFTs, and a revolutionary crypto wallet that integrates tokenomics for rewards in native and non-native currencies. EverGrow has also formed a ground-breaking partnership with Objective Reality to bring its entire ecosystem into a rich, 3D ‘metaverse.’ The net profits from these utilities will be used for the revolutionary BuyBack & Burn function, where EverGrow buys $EGC on the open market, creates green candles and $BUSD rewards for holders, and then burn those tokens permanently, removing them from circulation.
The Evergrow team is set to release Atlas Wallet, a user-friendly, highly secure crypto wallet equipped with essential and advanced features. The multi-chain wallet enables you to hold tokens on Ethereum, Binance Smart Chain, Bitcoin, Solana, Cardano, Polygon, Cronos, and Avalanche C Chain. Atlas also offers fiat off and on ramps, Atlas banking, and a Mastercard with ATMs in over 150 countries. For maximum security, users can add up to 50 ‘Watch-Only’ Wallets to their Atlas Wallet, allowing them to monitor their crypto wallets or even the wallets of their favorite whale without any blockchain interactions. Wallets can be added using only a wallet address, making them 100% secure.
Praveen Rai, a marketing specialist, and Ajeet Singh, a Blockchain Developer, founded EverGrow. The project was launched on September 25th, 2021, with the presale selling out in less than seven minutes and achieving a $2 million valuation within two hours. EverGrow garnered the crypto community's attention, including seasoned investor and entrepreneur Sam Kelly, who had been researching crypto projects for over two years. Sam joined as Chairman and helped guide the project, which revamped its roadmap and utilities. By the end of 2021, the project launched its new and improved roadmap, featuring a suite of industry-leading, standalone utilities with the potential to propel EverGrow to the top of the crypto project hierarchy.
Follow these links to find out more about the Evergrow ecosystem.
Atlaswallet | The most Trusted & Secure Crypto Wallet
Atlas is multi-chain, allowing you to hold tokens on Ethereum, Binance Smart Chain, Bitcoin, Solana, Cardano, Polygon…
Objective Reality VR - Make the most of your reality
MORE INFO About EverGrow ($EGC) is a deflationary token designed to become scarcer over time. Eligible Holders* of $EGC…
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Hey there, you cool cats! 😸
Just a quick heads-up: This article was crafted with a li’l help from my AI buddy, ChatGPT. We teamed up like PB&J, but I made sure my prompts were super detailed. 😉
Happy reading! 📖✌️