BC.GAME has burned 250 million BC, equivalent to 2.8 million USD, to optimize the token economic model and increase long-term value.
BC is the native token of the BC.GAME Web3 entertainment platform, widely used in games, rewards, and ecosystem governance. The burn helps improve value stability and promote sustainable development.
MAIN CONTENT
BC.GAME has burned 250 million BC, equivalent to 2.8 million USD.
BC price increased by 75.8% within 24 hours, surpassing 0.01 USD, with a market capitalization over 100 million USD.
Token burning aims to improve the economic model and stabilize long-term value.
How much BC has been burned by BC.GAME and what is its corresponding value?
BC.GAME officially announced the destruction of 250 million BC with a value equivalent to 2.8 million USD, through a public blockchain address on Solscan.
This action was confirmed from official sources in July 2024, demonstrating high transparency and a commitment to strengthening the digital asset platform.
The burning of tokens not only helps reduce circulating supply but also demonstrates BC.GAME's commitment to maintaining long-term value for the user community.
Mr. John Doe, CEO of BC.GAME, July 2024
How does the burn of BC affect the price and market capitalization?
After announcing the burn of 250 million BC, the token price increased by 75.8% within 24 hours, exceeding 0.01 USD with a market capitalization of over 100 million USD.
This growth clearly demonstrates the effectiveness of the supply management strategy in enhancing trust and investment value in the cryptocurrency market.
What role does the BC Token play in the BC.GAME ecosystem?
BC is the native token of BC.GAME, the Web3 entertainment platform. The token is used in games, reward systems, and ecosystem governance to create community value and promote sustainable development.
Maintaining the stability of BC's value through burning policies and adjusting the token economic model shows deep experience in managing digital assets.
What are the next plans of BC.GAME to optimize the token economic model?
The BC.GAME platform is committed to continuing buybacks and token burns to optimize the economic model, stabilize token value, and enhance long-term development.
In this way, BC.GAME ensures sustainable benefits for users and investors, rather than just focusing on short-term gains.
Frequently Asked Questions
Does the burning of BC tokens have a direct impact on users?
Burning helps reduce circulating supply, supporting an increase in token value, creating long-term benefits for users and investors.
Where can BC Token be used within the BC.GAME platform?
BC Token used for games, rewards, and governance in the BC.GAME Web3 entertainment ecosystem.
Does the announcement of the burn have short-term or long-term effects on BC?
The news of the burn creates a short-term positive effect and enhances trust, stabilizing long-term value for BC.
Who confirms and monitors the process of burning BC tokens?
The burn address is publicly available on the Solscan blockchain, transparent and easy for the community to verify.
What are the next plans of the BC.GAME platform after this burn?
BC.GAME will continue to buy back and burn tokens to optimize the economic model and enhance value in the future.
Source: https://tintucbitcoin.com/bc-game-dot-250-trieu-bc-gia-tang/
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