Monthly Update

BANANO Monthly Update #37 (May 2021). Special: BANANO Bday & 973M BAN Burn Recap!

BANANO is 100% freely distributed since April 2018 and growing steadily since then. BANANO has feeless transactions, so don’t worry about…

Banano

May 26, 2021 • 8 min read

BANANO is 100% freely distributed since April 2018 and growing steadily since then. BANANO has feeless transactions, so don’t worry about gas fees or transaction fees ever again! Now it’s time for another fresh Monthly Update from the BANANO ecosystem! The idea of those monthly updates is to keep our community informed, provide a good starting point for new people looking at the project, and to be transparent about BANANO’s ongoing distribution activities and community growth.

This BANANO Monthly Update May 2021 summarizes all important happenings in the BANANO ecosphere in April 2021, which was the 37th month since the BANANO main-net launch.

Note: Similarly to the last monthly update, this one is a little delayed, but things have been so active, busy, crazy and awesome in the BANANO ecosystem lately, with so many new users joining, that this got delayed again. Well, it still is good to have complete records about BANANO growth, important metrics and distribution over time, so I’ll still get it out for reference. Obviously I’ll try to get future monthly updates out more timely. Cheers, bantano ❤

BANANO News from April 2021 (newest first)

All-time BANANO News list at http://news.banano.how

Special: April 1st Birthday Party and (YUGE!) Burn Recap

If you followed the invitation to the BANANO Birthday event at the BANANO Discord on April 1st, 2021, you know what happened and how crazy it was. If you missed it or joined after this, here’s a short recap of what happened:

As usual for BANANO Discord paprties, we had quite some nice rains, just two examples here:

One of the co-founders, renesq, had the honor to announce an April Fools joke ;)

We had a suprise Black Monkey Faucet game round, with quite high rewards. This round was anounced on short notice, not announced elsewhere and we did not promise any ratio upfront:

cryptomonKeys released a commemorative NFT that was freely claimable:

BANANO was Altcoin of the day at r/altcoin:

The BANANO team did a very well attented AMA session at the r/AltStreetBets subreddit:

And, of course, the Team burned some coins which has been a tradition on April 1st BANANO Bday parties:

On April 1st, 2019, we burned 300 Million BAN

On April 1st, 2020, we burned 191,919,191 BAN

On April 1st, 2021, we burned 973,801,445.86 BAN (tx link here; valued 13.8 Million USD at the time) down to a total of 1,919,445,568 BANANO (new BANANO total supply).

This means that more than 63% of the BANANO supply is now circulating/distributed (circulating Supply: 1,222,959,123 BAN)

Thanks everyone who was part of this awesome party, it’s safe to say it was the most exciting one to date :hng:

What the Fork is BANANO?

For those of you who don’t know BANANO yet: BANANO is a cryptocurrency (like Bitcoin or Ethereum, just a much newer generation). BANANO was forked from the cryptocurrency Nano in April 2018 and thus is powered by DAG technology — here to disrupt the meme economy. BANANO has memes, and also feeless and near-instant transactions, a highly active community, and active technical development! The BANANO community doesn’t take themselves too seriously, but we’re here for the long run and we enjoy what we do.

On top of this, BANANO is super easy to use. Just try our slick mobile wallet called Kalium and get your first free $BANANO from one of our faucets within minutes! Also, BANANO has a free ongoing distribution through innovative faucet games. You can find more details on our official website: banano.cc, and you’ll find help getting started at banano.how.

BANANO is already traded on several exchanges. You’ll find current information collated at Coingecko (and Coinmarketcap) and an overview about all current exchanges here.

BANANO Supply

Updated data from May 1st, 2021:
Circulating Supply: 1,222,959,123
Burned Total: 1,483,378,100
Total Supply: 1,919,445,568

You can always check the current BANANO supply via this API.

BANANO Faucet and Distribution Overview

Aside lots of events and intermittent faucet runs as listed above, we also have several faucets running. A short overview of those faucets can be found below.

MonkeyTalks
An instant & self-sustaining faucet, combined with on-chain messaging

BananoMiner
Earn BANANO by contributing CPU/GPU power to medical research via Folding@Home

BANANO Powerplant
Browser-based altcoin mining that pays rewards in BANANO

Banano BoomPow
Provide proof-of-work for Nano and Banano services and receive a share of a daily BANANO prize pool

BananoJobs
Complete bounties or microtasks called ‘BananoJobs’ — get paid in BANANO

More ways to get free BANANO summarized at banano.how

New faucets and modifications of current ones will follow over time, and adjustments might always be made to ensure that BANANO’s free distribution stays fair, and also doesn’t make our community members too dependent on BANANO earnings.

BANANO is distributed through faucet payouts (Bananominer, Powerplant, Monkeytalks, BoomPow), BananoJobs, VITE airdrop, tipping allowances and celery (rewards) to all core team members, major contributors and moderators, and we have regular events and contests organized by the core team or the community.

BANANO Tipbots as we use them at Discord, Reddit, Telegram and Twitter are instrumental for showing newly joining members how easy-to-use and fast BANANO truly is, and to actually have everyone use BANANO for what it’s made for — tipping others!

Example Twitter/Telegram Tipbot: In total, since the Tipbot was started in Mid April 2019 until March 1, 2021, more than 47 Million BANANO were tipped in more than 537,000 transactions, only at Twitter and Telegram!

Community activity on all platforms is key for BANANO growth and ripening in context of free and fair distribution! To keep track of this, here’s the monthly overview about our main social media/news channels with follower counts as of May 1st, 2021 compared to counts from January 2020:

Main social media accounts:
Discord: 28476 (Jan 2020: 9444)
Twitter: 22746 (Jan 2020: 6634)
Reddit: 15637 (Jan 2020: 3632)
Telegram (main group): 10242 (Jan 2020: 6499)
Telegram (news channel): 3497 (Jan 2020: 2009)
Facebook: 2790 (Jan 2020: 2092)
Instagram: 2570 (Jan 2020: 1396)
Youtube: 2400 (Jan 2020: 433)
LBRY/Odysee: 3798 (Jan 2020: 145)
Tiktok: 237 (Aug 2020: 131)

Blogs:
Publish0x: 5397 (Jan 2020: 672)
Uptrennd: 7402 (Jan 2020: 1451)
Medium: 622 (Jan 2020: 409)

Tracking websites:
Blockfolio: 2163 (Jan 2020: 1106)
Coingecko: 3350 (Jan 2020: 492)
Coinmarketcap: 5226 (Mar 2021: 2583)

BananoJobs: 3335 (Jan 2020: 845)
BananoMarket: 942 (June 2020: 161)

cryptomonKeys
Discord: 8039 (Oct 2020: 650)
Twitter: 11592 (Oct 2020: 831)
Telegram: 3338 (Oct 2020: 311)
Instagram: 1023 (Oct 2020: 227)

BANANO at Telegram

Telegram is easy to use and overall pretty popular, and thus the perfect place to easily help new community members getting started with BANANO, in their language. That’s why we are working on having channels in all major languages, and our Telegram Tipbot enables us to send all new members some BANANO right away through a near-instant, feeless on-chain transaction, seeing is believing!

You’ll find a Telegram Tipbot How-To and all group links always here: http://telegram.banano.how

Here’s an overview of all official BANANO Telegram Groups:

Telegram news channel | English

If you want to use the BANANO TipBot in your Telegram group, just add it to the group, make it admin, and start using it (how-to).

Generally, make sure you join suitable groups, help others, and spread the word about BANANO!
Any group missing? Interested in helping out as moderator? Send a message to @bantano#1919 at our Discord or comment below!

BANANO at Facebook

BANANO also has local groups at Facebook, here’s an overview of our current groups:

BANANO Outlook

As you can see, the core team and all the BANANO community supporters are constantly working on different new projects adding up to the BANANO ecosphere. We’ll continue developing new things and improving all the stuff we already have up and running. There always will be new events, giveaways and other happenings such as innovative airdrops, new faucets and faucetgames, and we are working hard to make a new version of Banano Runner become real in the not too distant future (yeah we’re saying this since forever, but it will come eventually, no worries). Good things simply take time. We’re always working on different new things and will keep you updated. We’re all here for the long-term in shaping this unique crypto experiment called BANANO ❤

Stay tuned, and if you have an idea and/or ability to contribute to the BANANO ecosphere whatsoever feel free to contact us!

How can YOU help?

BANANO is merely what its community makes out of it ❤

If you want to help spreading the word and increasing our community, join our channels and suitable groups, follow our accounts, like and share/retweet our posts, and help others getting started!

At this occasion: A huge hug and thank you to all our supporters, contributors, moderators, giveaway creators, BANANO tippers, and meme creators at all the different $BANANO social media channels for doing a really, really awesome job ❤ Keep it up!

Any group/language missing? Interested in helping out as moderator at Telegram or Facebook? Any idea to develop or contribute to the BANANO ecosphere otherwise? Contact @bantano#1919 at our Discord, or leave a comment below for questions or suggestions.

Previous BANANO Monthly Updates:

Join the Banano Republic!

BANANO ($BAN) is a fee-less, instant, rich in potassium cryptocurrency powered by DAG technology disrupting the meme economy.

Official Website: banano.cc
Yellowpaper: banano.cc/yellowpaper
Help getting started: banano.how

Overviews:
BANANO News | BANANO links | Daily Peel