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Burn to Mint
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
Nostradamus has spoken:
$SPACE = $3,000 before the end of the year
@mvcglobal
— JACQUES 🧱 (@Jacques_deBrie)
8:21 PM • Jan 8, 2024
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
PS: for more https://mvc20.gitbook.io/intro/