And Joseph Lubin, ONE OF THE MOST INTERESTING MEN IN THE CRYPTO WORLD, SEEMS TO NOT WANT TO STAND OUT IN THE MEDIA.
The LINEA token is a cryptocurrency issued on the Linea blockchain network, a scalability project for Ethereum that uses zk-Rollup technology to reduce transaction fees and improve the speed of operations on Ethereum. This token is primarily used to incentivize users and developers interacting with the Linea network; it is a Layer 2 (L2) solution that facilitates the creation and use of decentralized applications (dApps) on Ethereum, making transactions cheaper and faster. Linea is subject to a buyback and burn mechanism (yes, burn!), which means that a portion of the tokens will be withdrawn and destroyed, thus there will be less circulation regularly (lower supply under equal demand implies higher value). The Linea network was developed by ConsenSys, a blockchain technology company led by Joel. The ConsenSys consortium (which is Linea) is a leading company in the Ethereum ecosystem, founded by Joseph Lubin, co-founder of ETH. There is much more information about the project, but I am not the one to publish it; you are the one who should educate yourself and not believe everything that is published without checking for yourself what is true and what is not.
Keep in mind that there are regular purchases and sales, so unless there are fewer assets and equal or greater demand (regular purchases)...the value of the asset should be higher. I do not advise buying it, but I do have it as an asset. Best regards🙋
