At Bit2Me, we’re excited to announce that today we bring you a new token to your wallet, with which you’ll have 0 fees as part of this promotion. cspr, the native token of Casper Labs, joins Bit2Me, allowing you to gain exclusive advantages within the Casper ecosystem such as receiving payments and rewards within its own blockchain by staking or participating in key decisions regarding the development and evolution of its network.
But first,
What to do to participate?
- Have a registered and verified account on Bit2Me.
- Visit the promotion webpage and register with your phone number. Remember to use the phone number linked to your Bit2Me account.
- Make any purchase of cspr in Bit2Me Wallet from February 26th to February 28th at 23:59 UTC+1 and we will refund you the fees at the end of the promotion.
How does the promotion work?
By purchasing cspr from your Wallet between February 26th and 28th, you will receive a 10 euros coupon in fees, which will be applied to you at the end of the promotion.
If you want to know more about how this promotion works, we explain everything in the legal terms.
What is Casper?
Casper is a revolutionary layer-1 blockchain operating with a Proof of Stake (PoS) consensus mechanism designed to accelerate the adoption and integration of blockchain technology into global business processes. Casper is distinguished by its flexibility and security, allowing the updating of smart contracts to adapt to changing business and developer needs. With its focus on tokenization, digitization of assets, and promotion of new financial standards, Casper is positioned as a crucial solution in the realm of cryptocurrencies and blockchain technology.
cspr, the utility token of Casper
Casper operates with its utility token, cspr, serving both as a unit of value and an integral part of the PoS consensus validation and reward process. The functions of cspr include:
- Payments and rewards: used for transaction fees and computation, with validators staking CSRP to participate in transaction validation, receiving cspr rewards for participating in the consensus mechanism.
- Community governance: enables user participation in key development and network evolution decisions.
- Interaction with Casper services: all network fees and rewards are in cspr, highlighting its importance.
- Unlimited issuance: like Ethereum, Casper issuance is unlimited, tailored to the network’s needs
Other key aspects of cspr:
- NFT market: supports NFTs, using cspr to create and trade these digital assets.
- Rewards and security: staking cspr secures the network, with rewards in this token.
- Developer support: financial support to developers through cspr token grants from the Casper Association.
In conclusion, cspr plays a crucial role in the operation, security, governance, and ongoing development of Casper, making it a vital component of its ecosystem.
