We are exhilarated to announce the completion of our 9th quarterly token burn, marking it as the most significant burn event in FUNToken’s history. This time, we have burned an unprecedented 21,294,113 FUN tokens, reinforcing our steadfast commitment to our deflationary token model.
Token burns are a cornerstone in sustaining the health and value of deflationary tokens like FUNToken. By regularly reducing the total supply, we enhance the scarcity of $FUN, potentially increasing its long-term value.
This monumental token burn has effectively curtailed the overall supply of $FUN tokens, bringing into focus our enduring strategy to balance supply and demand while ensuring price stability. This transparent process, auditable on Etherscan, reflects our commitment to openness and honesty.
Since our inaugural token burn in 2021, we have diligently pursued this deflationary course, and the positive reverberations are evident within our ecosystem. As we venture further into 2023, let this significant event serve as a testament to our devotion to the stability and growth of FUNToken.
We thank our unwavering community for their constant support and trust in FUNToken. Your engagement is the linchpin in our continuous efforts to evolve the platform and perpetuate our token burn policy, a pivotal component of our overarching strategy.
Stay tuned for future updates and developments. Together, we will continue to push the boundaries in the decentralized gaming landscape.
FUNToken’s objective is simple – harnessing the power of blockchain tech to create “trustless” gaming ecosystems that users can rely on and operators can implement seamlessly.
FUNToken is backed by the best in the business – FreeBitco.in is committed to fueling FUNToken’s efforts of making non-custodial gaming an industry standard.