Just commenting here with a project I think will be doing great in various aspects (launchpad with high profile projects only, quality over quantity), ETF play....and a token burn schema. Burning up to an extreme even. They started with a tat more than 200M tokens and will continue these buybacks and burn until 2M tokens are in the market. Not sure how long this will take, maybe a decade or more. I believe they did something well in the concept. Both the launchpad and ETF fund offers long term subscriptions (token locks). The token burning gives something extra to the long term lockers, ie the idea that when the tokens get unlocked, fewer TenseT tokens are in the market which should give extra value to the token, which should entice peeps to lock their tokens for the maximum length of time. Thus far, the TenseT token value waves are caused by new project launches which require a fixed 1-year subscription.
You are viewing a single comment's thread from:
This isn't a question, but a promotion.
Posted Using LeoFinance Beta
Sorry, it was not meant like that. Somehow I wanted to show the power of burning.
My bad, I thought this was a top level comment.
No worries 🙃