Below is our recent interview with Kevin Remer, Chief Executive Officer at BUSD Buffet:
Q: Could you provide our readers with a brief introduction to your company?
A: We’re a group of crypto enthusiasts who identified a common problem that seemed to plague a lot of the Binance Smart Chain rewards tokens that we were invested in. When volume was low, rewards suffered. We created BUSD Buffet (BBFT) as a deflationary, BUSD reward token that would solve that problem. BBFT solves this problem by using a portion of the BBFT taxes to fuel our BBFT Kitchen (BKIT). Holders will receive BUSD rewards from buy/sell events, but will also get weekly bonuses from the Kitchen.
Q: Any highlights on your recent announcement?
A: The use of our BKIT, the first utility of its kind in the BSC space, allows us to create a synergistic relationship with the tokens we will be adding to the BKIT pool. Their success is our, and ours is theirs. At a time when there is so much division in the world of crypto, we feel that this is the perfect catalyst to promote comradery and unity.
Q: Can you give us more insights into your offering?
A: The specific way that the BKIT operates is what sets us apart. Every buy, sell or transfer of BBFT is subject to a 20% tax. 10% goes back to holders in the form of BUSD, 8% goes to fund the activities in the BKIT and 2% goes towards growing the liquidity pool.
The 8% that goes to the BKIT is fully automated. Once the BNB is sent to the BKIT, the BKIT processes those incoming funds and performs the actions that have been queued up for it via the smart contract. Buying tokens, selling tokens, converting BNB to BUSD when requested. The list goes on and on. It is a robust system that delivers maximum impact, with minimal interaction.
Q: What can we expect from your company in next 6 months? What are your plans?
A: The biggest service we plan on offering is what we call the BBFT Token Incubation Program, or BTIP. The BTIP is a program that we will use to help new projects navigate the obstacles present in launching a crypto token. We will offer help with contract development, utility design, community engagement, social media presence and many other aspects that often get overlooked. In return for this, we will be getting early access to investing in their project. We will use that access, and our BKIT, to provide benefit to not only the BTIP sponsored project, but also our own.
Q: What is the best thing about your company that people might not know about?
A: The best part about our company is that there really isn’t much people don’t know about us. We are active within our own community daily. We are dox