Banana For Scale Describes Itself As

A BNB Chain-based meme token inspired by the “Bananas For Scale” meme, which humorously used bananas as a universal measurement tool. This meme gained renewed attention when a banana decal appeared on SpaceX's Starship S31 in November 2024. Capitalizing on this viral moment, BANANAS31 was launched on November 15, 2024, on the Four.meme platform within the BNB Chain.

Project Function

Per the project’s roadmap, the project team plans to provide on-chain AI-agentic development frameworks via the Banana Agent Protocol.

Token Utility 

The BANANAS31 token can be used to pay for fees when using Bananalyst (an autonomous market-analysis bot) and the forthcoming Banana Agent Protocol.

About The Founders

Deployed on Nov. 16, 2024 by the pseudonymous developer @World_Terminal_, who minted the contract, added initial liquidity, then burned the LP tokens and renounced ownership a few days later, effectively surrendering control to the community. With the Twitter/X user @Cryptochitect3 emerging as the first visible “builder-in-chief.” He created a community wallet, kicked-off DAO fund-raising, and is widely credited with steering early governance. The public identities of @World_Terminal_ and @Cryptochitect3 are unknown as of May 21, 2025.

Risks of BANANAS31

Like an investment in other crypto assets, there are some general risks to investing in BANANAS31. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in BANANAS31 is subject to the following specific risks:

• BANANAS31 operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks. 

We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with BANANAS31. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

The BANANAS31 community and Banana For Scale founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of BANANAS31 have no recourse to the BANANAS31 community, Banana For Scale founding team, or Uphold if BANANAS31 declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

Uphold’s Evaluation Process

Prior to listing BANANAS31 on the Uphold Platform, Uphold performed due diligence on BANANAS31 and determined that BANANAS31 is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

• The creation, governance, usage, and design of BANANAS31, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
• The supply, demand, maturity, utility, and liquidity of BANANAS31.
• Any marketing materials put forward by the BANANAS31 social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
• Material technical risks associated with BANANAS31, including any code defects, security breaches and other threats concerning BANANAS31 and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
• Legal and regulatory risks associated with BANANAS31, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of BANANAS31. 

General

Uphold has prepared this Crypto Asset Statement based on publicly available information. Although Uphold has taken steps to obtain information from apparently reliable sources, information contained in this Crypto Asset Statement may be inaccurate, incomplete or out-of-date. This overview is a starting point for you to perform your own research prior to investing in a crypto asset.

Uphold users should read the Risks Specific To Holding Digital Assets statement for additional discussion of general risks associated with crypto assets made available through the Uphold platform.  

Canadian residents, please note that Uphold has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Uphold obtains registration, Uphold has agreed to abide by the terms of an undertaking available at the following link. Please also review the Uphold Canada – Crypto Risk Statement for additional discussion of general risks associated with the crypto assets made available through Uphold Platform. Please be aware that statutory rights of action for damages or rescission in section 130.1 of the Securities Act (Ontario) and, if applicable, similar statutory rights under securities legislation in the other provinces and territories of Canada do not apply in respect of this Crypto Asset Statement or other disclosures on the Uphold website and Risks Specific To Holding Digital Assets statement. 

Last updated on June 23, 2025.