How about creating a mechanism to burn GMT when paying using GMT PAY? I think the project will survive fantastically if the incineration mechanism is continuously added.
TOKENOMICS
TOKENOMICS is a important element in NFT games Because it have users who actually use them, but there are also investors. However STEPN does not know that considering the burning mechanism is not leading to successful growth and investment. and Updates that the market will pay attention to are also important. If you create NFT-games based on robust and market-apated TOKENOMICS, it will be a project that can continue to grow without losing power.
Why should they have a Burning mechanism?
Cuttently, They are producing coins as if they are issuing them indefinitely when users use the app. Therefore, investors are reluctant to invest in projects that are issued indefinitely. But this is such a good time. Setting incineration fees for every time you let people use coins in the real economy as GMT PAY comes along will benefit tremendously. That’s not all. Minting, Shoe repair users should think about the points that can incinerate the GMT ecosystem healthily every time they use it.
In conclusion, they will survive if they preempt the market before it overheats. Because they have to grow without losing momentum to create a culture.
