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Key data
updated $0Market cap$459.82K
Volume 24h$183.67K
Circulating supply47.8M60% of max 80M
BraveNewCoin (BNC) is a cryptocurrency token operating on the Ethereum blockchain as an ERC-20 smart contract. In simple terms, it's a digital asset created by BraveNewCoin, a company known for its cryptocurrency market data and index services. The token trades under the ticker BNC and lives at the contract address 0xdd6bf56ca2ada24c683fac50e37783e55b57af9f.
Frequently asked questions
What is BraveNewCoin (BNC) and how is it different from Bitcoin?
BNC is an ERC-20 token on Ethereum, while Bitcoin is a standalone blockchain with its own network. BraveNewCoin, the company behind the token, focuses on cryptocurrency market data, indices, and analytics rather than payments. This makes BNC a project-specific token rather than a general-purpose currency.
How does BNC work technically?
BNC runs on the Ethereum blockchain, which means it relies on Ethereum's consensus mechanism and network security. As an ERC-20 token, it follows a standard set of rules that makes it compatible with most wallets and exchanges supporting Ethereum tokens. You don't need to run any special software — Ethereum validators handle all transaction processing.
How is the supply of BNC managed?
As an ERC-20 token, BNC's total supply is defined in its smart contract, which is publicly verifiable on the Ethereum blockchain. Token issuance was handled at the contract's creation, and any changes would require the contract's own logic to allow them. You can always check the current supply directly through a blockchain explorer using the contract address.
How can I store and use BNC tokens?
Since BNC is an ERC-20 token, it can be stored in any Ethereum-compatible wallet, such as MetaMask, Ledger, or Trust Wallet. To receive tokens, you simply share your Ethereum address, and the tokens arrive on it. Always verify the official contract address (0xdd6bf56ca2ada24c683fac50e37783e55b57af9f) before interacting with the token to avoid fakes.