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RE: STEEMIT ENGAGEMENT CHALLENGE S6W3 - TOKENOMICS IN THE CRYPTO ECOSYSTEM

in SteemitCryptoAcademy2 years ago

You have written greatly on this article my friend, in bringing investors to the token project you wish to embark on, you have decided to produce fewer tokens instead of having many of them so as to avoid the burning of the token in the future. Its true that the fewer the token the more the demand for the token because it will be scarce and that alone will definitely increase the price of the asset. Its important to mention here that the main essence of burning the token is to reduce the number in circulation. I wish you success in this contest my friend.

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