Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance has the largest cryptocurrency exchange in the world in terms of trading volume.
BNB powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more.
We created 25 HOOD tokens on the Binance blockchain. Each representing a real life physical DeFi Hungry Hoody. The initial price of a token is 0.127443 BNB. Approximately $33 USD [23/3/21].
Tokens can be bought and sold in fractions however 1 HOOD token is required to redeem any size DeFi Hungry Hoody delivered worldwide, free shipping.
The price of HOOD changes when tokens are bought and sold.
Every time a HOOD token is redeemed for a hoody, that token is burned. Burning tokens permanently removes them from circulation thus increasing the scarcity of HOOD.
Whats under the hood?
Built to last. The DeFi Hungry Hoody is the best Hooded Sweatshirt we’ve ever made. We’ve gone to great lengths to ensure every detail of this sweatshirt is the best of the best and meticulously designed. From the fit, color palette, specialty yarns, and antique trims, to the way the fabric is knit, dyed, cut, and sewn, it has everything we think a sweatshirt needs without having too much.
It’s all in the details.
Sparing no expense, the DeFi Hungry Hoody is constructed of a 13.5oz/450gm 3-End fleece fabric with a 20 singles 100% Ring Spun Cotton face yarn. To limit vertical shrinkage the body panels have been cut Cross-Grain, and additions of double ribbing side panels add stretch for a comfortable fit. We chose reverse coverstitch sewing on all seams for exceptional durability, and to showcase the sewing quality. Built to perfection with our 3″ long 520gm 100% cotton ribbing at the cuffs, waistband, and side panel. Finishing Touches on the DeFi Hungry Hoody are the antique silver eyelets and drawcord tips, 100% Cotton shoelace drawcords, a woven tear away neck label and hand sewn chenille mouth patch.