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Title: Forever Burn: The ultimate burning utility Post by: Themooner on September 12, 2022, 06:02:02 PM Forever Burn is a token on the Binance Smart Chain built with unique functions that incentivizes holders with a positive looking chart at all times with the Super burn utility to constantly raise floor prices.
Burns will be split between: Active Burn Passive Burn Active Burn: Manually burn supply from LP to raise the floor by 20-50% Passive Burn: On every transaction ~50% of tokens from fees are burnt Other utilities to be developed: NFT Staking Wallet Token name: Forever Burn Ticker: FBURN Check out the whitepaper to find out more! https://info-356.gitbook.io/forever-burn-whitepaper https://forever-burn.com https://t.me/foreverburn_BSC Title: Re: Forever Burn: The ultimate burning utility Post by: bitcoin-shark on September 12, 2022, 06:24:31 PM The burn is a useful function on all tokens / altcoins it serves to decrease the reserve and in the future to increase the value i do not know if this new binance token will be successful we will see
Title: Re: Forever Burn: The ultimate burning utility Post by: Xal0lex on September 12, 2022, 09:11:04 PM I liked the point in tokenomics that 66% of the tokens would be locked up for 100 years. And that's considering that there will be 1,000,000,000 tokens in total. I'm afraid this project has a good chance of dying a lot sooner than the entire offering will be available.
Also, the data mismatch is not clear. The website says 1 million tokens. Quote The total supply is capped at 1,000,000 tokens distributed as follows: If you look at smart contract (https://bscscan.com/token/0xfeeda136e3c8e2a6991c837f511edad70a22912c), it says 1,000,000,000,000,000 FBURN. Title: Re: Forever Burn: The ultimate burning utility Post by: o48o on September 12, 2022, 09:43:54 PM I liked the point in tokenomics that 66% of the tokens would be locked up for 100 years. And that's considering that there will be 1,000,000,000 tokens in total. I'm afraid this project has a good chance of dying a lot sooner than the entire offering will be available. Also, the data mismatch is not clear. The website says 1 million tokens. Quote The total supply is capped at 1,000,000 tokens distributed as follows: If you look at smart contract (https://bscscan.com/token/0xfeeda136e3c8e2a6991c837f511edad70a22912c), it says 1,000,000,000,000,000 FBURN. Yeah, Crypto has existed what, 13 years now? And during that time most of the developed coins and exchanges have been fallen. Only few survived so there's no telling what happens in next 10 years or if cryptos are a thing in 50 years. They could be replaced with totally different and more elegant solution we haven't thought about. 100 years is a marketing gimmick. Most likely it will be rugged in a week. |