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potational to breakout.
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Download the MIRA Network and Sign up with my referral code to earn +1 Lumira: abdul_qayyum
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Venice, a privacy-preserving AI platform, has concluded its community airdrop, resulting in the destruction of $100 million worth of unclaimed $VVV tokens. Launched on January 27 on the Ethereum Layer 2 Base network, the $VVV token saw over 40,000 recipients receiving 17.4 million tokens, which is 35% of the community allocation. The destruction of 32.6 million $VVV tokens, representing 65% of the community allocation and one-third of the Genesis supply, significantly reduces market circulation. Despite this, 14 million $VVV tokens will be introduced annually, with an initial 14% inflation rate that will decrease based on the Venice API's usage rate. Venice has not engaged in VC financing, pre-sales, or OTC transactions and has repurchased and destroyed 1% of the Genesis supply in response to community concerns. Future plans include launching an image engine, social dynamics, mobile applications, and updates to the token economy. $ETH
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despite of this Pakistani govt recognised the power of crypto.
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#NewHorizon #pakistanicrypto $BTC $NEO $INJ Pakistan is making strides to embrace cryptocurrency as a "strategic asset" to transform its digital financial landscape. Following plans to formalize digital asset regulations, the country announced a national crypto council aimed at fostering a secure investment environment. With Pakistan among the top 10 nations for crypto adoption, over 20 million users face challenges like high transaction fees. Bilal bin Saqib, a Forbes-recognized entrepreneur, has been appointed as the chief adviser to the finance minister for the Pakistan Crypto Council. He pledged to develop forward-looking crypto regulations, enhancing Pakistan's global position in this sector. Despite past bans on virtual currencies, this shift aligns with growing global trends, including the U.S.'s Bitcoin Strategic Reserve initiative.
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