Banano describes itself as a feeless, instant, rich in potassium cryptocurrency powered by directed acyclic graph (DAG) technology that aims to disrupt the meme economy. Banano was a hard fork of Nano coin in 2018. The current team features members that had previously worked at Nano, and are represented by dancing banana avatars on the coin’s website. Banano’s key features include: the block-lettuce, a play on Block lattice, DAG architecture; instant and feeless transactions; fungible tokens; daily airdrops and more. Users that want to obtain Banano tokens must first create a wallet. They can then participate in airdrops, Banano crypto faucets and more.
Banano’s website is community focused, with a section of community-created projects, announcements and updates from the team, and social engagement platforms such as Discord, Reddit and Telegram. Furthermore, the page is littered with memes, monkey and banana animations, and witty team member profiles and meme testimonials and FAQs. This is testament to the team’s mission of attracting “normies” or crypto newbies to cryptocurrency in a fun and meme-filled environment, before educating them the proper way.