PRESS RELEASE. Dubai, UAE – September 17, 2024 – TaskBunny is excited to announce its official launch and introduce a game-changing feature, the Proof of Post. The company proudly presents the world’s first meme token with tangible utility. It has been designed to promote viral engagement and reward community involvement. TaskBunny is ready to modify the meme token history by blending entertainment with real-world functionality.

The meme token space has been recently growing and exploding with supernova projects. TaskBunny stands out as it offers the fun associated with meme culture and a powerful utility token $BNY. TaskBunny focuses on building a sustainable ecosystem where users’ participation in social media life nurtures the platform’s growth and increases its value.

Introducing ‘Proof of Post’

TaskBunny’s advanced Proof of Post (PoP) mechanism rewards users for their social media engagement. Users take part in liking, sharing, commenting, and posting on platforms like X (ex-Twitter). For participation in these activities they earn TaskBunny’s native $BNY token. This system creates an energetic and dynamic environment. The more users engage, the more they can earn. Thus, users build both individual wealth and collective community value.

Milos Milicevic, CEO of TaskBunny, emphasizes the importance of community at the heart of the project. “At TaskBunny, we believe in the power of community and the value of engagement. Our ‘Proof of Post’ mechanism is more than just a feature — it’s a revolutionary way to reward our users for their contributions, driving both virality and sustainable growth. We’re not just building a token; we’re creating an ecosystem where every participant plays a vital role and is rewarded for it. In general, PoP means mining combined with completing various tasks. We have a specific algorithm that will reward users depending on a few factors. Eventually, not all users will get the same rewards. Some profiles that carry more weight will get better results. Similar regulations apply to GPU distribution.”

Purposed Utility Token

The $BNY token is central to TaskBunny’s value proposition. Beyond the meme culture, $BNY offers practical uses including fee discounts, staking benefits, and rewards for users’ activity. The token has a fixed supply of 900,000,000, and it means there is no inflation beyond this cap. This factor is aiming at supporting its long-term value.

Key drivers of $BNY’s value include:

Staking

Users and businesses can stake $BNY tokens to unlock rewards and exclusive features. These include campaign multipliers and additional services.

Buyback and Liquidity Support

A portion of TaskBunny’s revenue is allocated to maintaining a stable token economy through buybacks and liquidity provision.

Fee Discounts

Transactions using $BNY enjoy a 5% discount on the platform. This bonus makes it a cost-efficient payment method.

Looking Ahead

TaskBunny’s future plans include expanding the Proof of Post concept to other social media platforms such as Instagram and TikTok. It means that the community is growing far beyond X. This expansion will attract more users and make TaskBunny a strong player in the crypto-based social media marketing space. The company also intends to roll out staking programs for both users and businesses. These steps will extend rewards based on token commitment duration.

About TaskBunny

TaskBunny is a high-tech cryptocurrency project that combines the spirit of meme tokens and power of real-world utility. The generous company rewards users for social media activity through its Proof of Post mechanism, and aims to build a vibrant community where participants benefit from their contributions. The platform’s native $BNY token fuels a sustainable and transparent ecosystem that incentivizes the army of active participants.

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For more information, visit the official website and refer to the following social media channels:

X/Twitter

https://x.com/Taskbunnyio

Telegram

https://t.me/TaskBunnyio

TikTok

https://www.tiktok.com/@taskbunny?_t=8pON3ptDSqM&_r=1

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