BANANO Monthly Update #70 (February 2024)

Feb 2, 2024 • 5 min read

This BANANO Monthly Update February 2024 summarizes all the news & updates from the BANANO ecosystem in January 2024, which was the 70th month since the BANANO main-net was launched. The purpose behind these monthly updates is to keep the Banano community updated, to serve as an easy starting point for newly joining users, and to be transparent about BANANO’s ongoing free and fair distribution activities.

BANANO Ecosphere News from January 2024 (newest first)

2024-01-30 BANANO Monthly Update #69 (January 2024)

2024-01-29 Jungle TV Tunesday Theme: Retro & Elektro

2024-01-27 Banano 2024 Grammys event listening party

2024-01-25 PSA: Many Insecure Banano Vault Seeds Have Been Compromised

2024-01-22 Community Event: Banano Grammys 2024

2024-01-22 Jungle TV Tunesday Theme: Tunes to Smoke Crack to

2024-01-21 Current List of Working Banano Faucets

2024-01-21 Community Project Announcement: Banano Whale Watcher

2024-01-16 Jungle TV Tunesday Theme: Post-Rock

2024-01-05 The Banano Vault Web-Wallet has been shut down – Please use TheBananoStand

2024-01-03 Community Project: TryBanano.com update

2024-01-02 Jungle TV Tunesday Theme: Upbead Tunes

2024-01-01 Community Project: Faucets.app Twitch Banano Faucet update

2024-01-01 Community Project update: Happy New Year from cryptomonKeys

2024-01-01 Happy New Year from Banano

All-time BANANO News list at http://news.banano.how

What the Fork is BANANO?

For those who don’t know BANANO yet: BANANO is a cryptocurrency (like Bitcoin or Ethereum, just a much newer generation). BANANO was forked from the cryptocurrency Nano in April 2018 and is powered by DAG technology — here to disrupt the meme economy. BANANO has memes, feeless and near-instant transactions, a highly active community, and active technical development! The BANANO community doesn’t take themselves too seriously, but we’re here for the long run and we enjoy what we do. It’s much more than just another meme-coin (and especially so much more than yet another random dog-themed token) for sure. You don’t have to take our word for it, you should find out more and see it with your own eyes👀.

Another key feature: BANANO is super easy to use. Just try our slick mobile wallet called Kalium and get your first free $BANANO from one of our faucets within minutes! Also, BANANO has a free ongoing distribution through innovative faucet games. You can find more details on our official website banano.cc, and you’ll find help getting started at banano.how.

BANANO Trading

BANANO is traded on several exchanges. You’ll find current information collated at Coingecko and Coinmarketcap, and an overview about all current exchanges at exchange.banano.how.

BANANO Supply

Updated data from February 1st, 2024:

Circulating Supply: 1,554,719,593 BAN (81%)

Team Banano Funds: 364,143,647 BAN (allocated for ongoing free distribution)

Burned Total: 1,483,941,314 BAN

Total Supply: 1,918,863,240 BAN (=max supply)

You can always check the current BANANO supply here on Creeper.

BANANO Faucet and Distribution Overview

Aside lots of events and intermittent faucet runs as listed above, we also have several faucets running. A short overview of those faucets can be found below.

MonkeyTalks: An instant & self-sustaining faucet, combined with on-chain messaging

BananoMiner: Earn BANANO by contributing CPU/GPU power to medical research via Folding@Home

Banano BoomPow: Provide proof-of-work for Nano and Banano services and receive a share of a daily BANANO prize pool

BananoJobs: Complete bounties or microtasks called ‘BananoJobs’ — get paid in BANANO

JungleTV: A video sharing platform where you can earn & spend BANANO!

monKeyslots: A slots-themed BANANO faucet requiring cryptomonKeys NFTs to claim.

More ways to get free BANANO and other non official faucets can be found at banano.how

New faucets and modifications of current ones will follow over time, and adjustments might always be made to ensure that BANANO’s free distribution stays fair, and also doesn’t make our community members too dependent on BANANO earnings.

BANANO is distributed through faucet payouts (Bananominer, Powerplant, Monkeytalks, BoomPow), BananoJobs, tipping allowances and celery (rewards) to core team members and contributors, plus we have regular events and contests organized by the core team or the community.

BANANO Tipbots as we use them at Discord and Reddit are instrumental for showing newly joining members how easy-to-use and fast BANANO truly is, and to actually have everyone use BANANO for what it’s made for — tipping others!

Community activity on all platforms is key for BANANO growth and ripening in context of free and fair distribution! To keep track of this, here’s the monthly overview about our main social media/news channels, in some cases with follower counts as of February 1st, 2024:

Main accounts: Discord (38101) | Twitter (31531) | Reddit (71067)

Telegram: Main group (6919) | News channel (2027)

Other: Facebook (3000) | Instagram (2756) | Youtube (3070)

Blogs: Publish0x (7376) | Medium (926)

Tracking websites: Coingecko (9544) | Coinmarketcap (14412)

More at Reddit: BananoJobs | BananoMarket

cryptomonKeys (BANANO-themed NFTs): Website | Discord | Twitter

BANANO Outlook

The core team and all the BANANO community supporters are regularly working on different new projects adding up to the BANANO ecosystem. There are always new developments, fun distribution events, giveaways and other happenings such as innovative airdrops, new faucets and faucet games, more educational content and contests, new wrapped Banano on probably even more chains, and we are still working on creating a new version of a play2earn Banano Runner (yeah we know it’s like we’re saying this since really forever, but we’re confident it’s gonna come eventually, no worries). Let’s say good things simply take time. Anyways, we will do our best to keep you updated. We’re all here for the long-term in shaping this unique crypto experiment called BANANO ❤

Stay tuned, and if you have an idea and/or ability to contribute to the BANANO ecosphere whatsoever feel free to contact us!

How can YOU help?

BANANO is merely what its community makes out of it ❤. If you want to help spreading the word and increasing our community, join our channels and suitable groups, follow our accounts, like and share/retweet our posts, and help others getting started!

At this occasion: A huge hug and thank you to all our supporters, contributors, moderators, giveaway creators, BANANO tippers, and meme creators at all the different $BANANO social media channels for doing a really, really awesome job ❤ Keep it up!

Interested in helping out as moderator, or ideas to develop or contribute to the BANANO ecosphere otherwise? Contact @bantano at our Discord.

Previous BANANO Monthly Updates:

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BANANO Monthly Update #70 (February 2024)