Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
xshrimp mini-games enhance $SHRIMP token utility:
- **Play 2 Burn**:
Users play games to generate ad revenue.
- **Deflationary**:
This revenue buys back and burns $SHRIMP, reducing supply.
- **Zero Tax**:
No fees, just rewards from a shrinking token pool.
- **Innovative**:
A unique play-to-burn mechanism, aligning player fun with token value increase.
Deflationary Mechanism of XSHRIMP Token:
The XSHRIMP project employs a deflationary model to enhance token value by diminishing its supply via:
- RWA Profit Allocation:
- 10% of Net Profits from the sale of real-world assets, such as Neocaridina shrimp, are directed towards buying back and subsequently burning XSHRIMP tokens. Initially, these profits will bolster liquidity to establish a robust project foundation as the real-world asset component scales.
- Play-to-Burn Games:
- XSHRIMP has partnered with Advergame Tech Private Limited to introduce an engaging utility. The project features games on their website that generate revenue through advertising.
50% of this ad revenue is allocated to directly buy back and burn XSHRIMP tokens, creating a direct link between community interaction and the deflationary effect. The more you play, the more you contribute to the token burn, thus aiding the project's deflationary goals.
Impacts of the Deflationary Mechanism:*
- Token Scarcity:
By burning tokens, the supply decreases, which, when coupled with demand, could lead to an increase in value due to scarcity.
- Community Engagement:
The buyback and burn events, especially linked to game play, incentivize holding and active participation, directly impacting the token's value in a positive way for the holders.
- Sustainability:
The combination of revenue from real-world assets and ad revenue from games ensures a continuous deflationary pressure, making the ecosystem resilient against market fluctuations.
- Transparency:
Openly conducted token buybacks and burns build trust and demonstrate a commitment to the token's long-term value growth. This approach is designed to create an ecosystem where holding XSHRIMP not only becomes more valuable over time but also actively involves the community in the token's economic dynamics, bridging real-world value to digital assets.
Burn Amounts & Transaction Hash #
=
=
=
=
=
=
=
PLAY THESE GAMES AND AD REVENUE IS USED TO BURN $SHRIMP TOKENS THE MORE YOU PLAY THE MORE WE BURN
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.