$Abomination
Banned
- Joined
- Sep 11, 2024
- Posts
- 401
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I think we are transitioning into cryptos that burn more and more. There are a few rules though. The burn must come from the community, and not the core team. The burn must be incentivized (cannot be voluntary burning like Shib). The burn must be slow and continuous (to constantly encourage new buyers - otherwise if burning stops, there's no incentive for newer investors). The burn must be substantial - anything that is at least a whole percent of total supply per year - otherwise the price appreciation effects won't be noticeable.
I've only seen one project that successfully meets all the above criteria. Ice Open Network, fork of TON. 25 Million MC rn and mainnet launches in 3 weeks...
I'm all in.
I've only seen one project that successfully meets all the above criteria. Ice Open Network, fork of TON. 25 Million MC rn and mainnet launches in 3 weeks...
I'm all in.