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With a world-class lineup of music and culture, the festival will be the first event of it's magnitude to accept payment in crypto
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The recent strategic alliance between Binance Pay and GoCrypto is a step closer towards making crypto payments mainstream. The CEO of Binance, CZ is elated about the partnership with Primavera Sound Festival, scheduled to be held in June 2022 across two cities- Barcelona and Porto.
With a world-class lineup of music and culture, the biggest festival in Europe will allow the attendees to pay for refreshments and merchandise with crypto. This would be the first time that an event of this magnitude will have over 50 designated POS terminals accepting Binance Pay as a mode of payment. Users will instantly receive an airdrop of 5 BUSD upon making their first-ever payment.
The rewards are on a first-come, first-served basis, unlike Gnox, which airdrops BUSD to anyone who holds its native token in an eligible wallet. Long-term holders can benefit from stable passive rewards that the platform generates through tax implementation and yield farming.
How does Gnox work?
Gnox is a non-custodial platform powered by a self-accruing reflection token that anyone can buy and hold to earn timely interest. This works on the principle of investing the protocol’s own treasury in liquidity pools for maximum returns. Whatever the investment makes in a given time frame is redistributed to GNOX token holders and utilized to maintain the buying pressure on the token.
The treasury is boosted by a 10% tax applied on every transaction, out of which 1% is credited to GNOX holders every 60 minutes. This is in addition to DeFi rewards generated from providing liquidity to trading pairs.
One thing that makes GNOX a token worth investment is its innovative tokenomics that safeguard investors from the impact of volatility. Users can enjoy passive rewards regardless of market conditions. As we are headed towards a long crypto winter, experts are inclined towards investing in this community-focused platform that makes the treasury work for you.
The presale has garnered a lot of attention by virtue of what the token has in store for long-term investors. Those even with no knowledge of DeFi can take advantage of high returns without any additional steps.
Join presale: https://presale.gnox.io/register
Website: https://Gnox.io