💹Economic balance

We make sure to keep stabilizing the token value and minimizing inflation!

Phase 1:

When new users use referral codes (provided by existing users) to buy tokens successfully, there will be a certain amount of tokens being burnt.

Phase 2:

The in-app economy will balance itself through the making of NFTs by content creators. In more detail, content creators can keep a portion of donations (as it passes a certain amount), another portion will be burnt, and the rest will be transferred to a reward pool to compensate the community.

The content creators have the opportunity to earn more donations as their content would be more promoted in the community corresponding to their rewards that are not yet withdrawn. This mechanism is similar to staking activities that stabilize the token price.

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