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filler@godaddy.com
Signed in as:
filler@godaddy.com
0x000000000000000000000000000000000000dEaD
Deflationary Mechanism of XSHRIMP Token:
The XSHRIMP project employs a deflationary model to enhance token value by diminishing its supply via:
- RWA Buybacks xshrimp will do regular buybacks and burns from the open market
- 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.
PLAY THESE GAMES AND AD REVENUE IS USED TO BURN $SHRIMP TOKENS THE MORE YOU PLAY THE MORE WE BURN
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