What is Bonsai Coin?
Symbol: BONSAICOIN · Market cap rank: #6468
Short answer
Bonsai Coin (BONSAICOIN) is a cryptocurrency currently ranked #6468 by market capitalisation.
Source: isthiscoinascam.com
Overview
Bonsai Coin is a community token issued by Hyper Dimension Limited, based on the Astar zkEVM blockchain. The total supply is 803,100,000,000,000 tokens, with 75% allocated to the community and a buyback initiative funded by profits from partner bonsai gardens. The tokenomics include 1% for fundraising, 6% for liquidity, and 17% allocated to the team, which has a 12-month cliff and 36-month vesting schedule.
The project features a ranking system called BONSAI 100 Ketsu, activated when the market capitalization exceeds $100 million. Holders are incentivized with seasonal bonsai trees as rewards based on their ranks. Annual issuance of new tokens occurs from the community allocation, with the next scheduled for New Year’s Day. Further details on the roadmap outline milestones through 2025, focusing on community engagement and ecosystem expansion.
Scam-risk analysis
Bonsai Coin has a low score, indicating elevated scam risk based on the available data. Is Bonsai Coin a scam?
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