Burn to Mint

Author

JACQUES DEBRIE
January 28, 2024

Hey guys,

The burn to mint concept is incredible.

Be sure that the idea will be replicated and copied,

What's better for a blockchain than having its token valued.

Paying fees for the creation of new tokens has two interesting aspects.

The first is the valuation of $SPACE,

Burning $SPACE to mint a token inevitably reduces the circulating supply

Which brings me back to this tweet: 

Maybe I had underestimated its value.

It's obvious.

The second point is the selective sorting at the entrance,

Yes, today it means nothing, but in a few months, launching a project may have a higher cost

It's minimal, but it might make some scammers think twice.

To maintain a circulating supply of 21M $SPACE,

The burning fee will be sent to a black hole address, that is 1111111111111111111114oLvT2.

Forever,

Otherwise, MVC couldn't be Satoshi mapping 1:1

I'll come back to this later.

One thing to remember: you are in the right place!

JACQUES - SPACE EXPLORER