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Deflationary tokens are tokens fashioned to reduce in supply over time.
That is to say, the circulating supply of the token reduces as the years pass.
The essence is to prevent the market from being flooded with the token while improving the value of the token.
A good example is a coin that reduces its supply by 2% every year.
If there were 20,000 coins in supply in 2019, by 2020 it will be 18,600 coins, 18,228 coins by 2020, 17,863.44 coins by 2021, and so on.
As the coin becomes more limited in supply, its demand will increase and so will its value. Cool!
Crypto projects of the deflationary token model achieve their goals in different ways but the 2 major methods to remove coins from the market are:

a. ‍Buy-Back and Burn
This is where the company in charge of the project buys back a good portion of its coins from the market and burns them.
It burns the coins by sending them to a dead address. So, it lowers the circulating supply by destroying tokens.
This results in an increase in the value of the coin because the demand remains the same (or increases) while the supply has reduced.
The top tokens using this method are BNB, FTT, and CAKE.

b. Burn On Transaction

Here, the contract of the coin specifies that a percentage of the tax collected from on-chain transactions will be burned.
In other words, on-chain transactions involving the coin attract a tax and a percentage of the tax collected is burned.
This happens automatically because it is integrated into the coin’s contract.
Also, its success depends on the trading volume of the coin because deductions will only be made when transactions occur.
So, the higher the trading volume, the more tokens are removed from the total supply.
Thus, driving value to token holders as tokens are constantly removed from circulation while demand remains constant (and possibly increases).
Some tokens that use this method are SAFEMOON and THUGS.

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PRE SALE LIVE NOW - BUY CC COIN Today to Start Your Grow Journey

CitizenChat is a nextgen social media platform and a completely safe, secure and reliable NFT trading solution.

CitizenChat is an integrated social media platform to help young enthusiasts to achieve their life dreams by showcasing their talent to the world. All this through organic reach at a cost-effective manner and in a short period of time. The platform also helps users to communicate to their favourite stars via the same platform.

VISION

CitizenChat envisions making investing through blockchain easy, even for a layman with the state of the art security along with complete reliability.
It aims to create a revolution in blockchain technology and NFT trading by encouraging all investors big or small.
Our longterm vision is to help underprivileged children to pursue their life goals by providing free and quality education.

NexonNFT (https://www.nexonnft.io/) has launched its airdrop program, where it is giving away free NexonNFT (10000 Nexon) to anyone who joins the campaign and performs a series of simple social activities.

⏰ NexonNFT Airdrop Date: From Dec 25 2021 to Jan 6, 2022

→ Who is it for?

✅ Anyone who wants to earn some free cryptocurrencies.
✅ Anyone who wants to try the NexonNFT before investing in it.
✅ Total NexonNFT for all Participant - 25000000 NexonNFT
✅ Total Airdrop Reward Value Per Participant = 10000* 0.01$ = 100$

‍‍‍ Airdrop is limited to the first 2500 participants. First Come, First Earn!

→ How to join?

✳️ Perform the following tasks to complete the campaign and win reward tokens: /center]

❇️ Perform all the tasks and submit your required information to verify your completions.

Thanks For Joining Our Airdrop Program.

What is RCtoken?

Please do your own research before investing in this project.

🚀The Future of Defi: Meet NexonNFT

“One-Stop Solution for All NFT Needs”

WEBSITE | WHITEPAPER

What is NexonNFT?

NexonNFT is a blockchain-based project that is a hub for the NFT Marketplace and NFT Games. The project is aimed to make it easy for people to conduct global financial transactions. For easing the transactions the project also has NexonPay, Nexon Bridge, and NexonNFT tokens. It will provide DeFi/NFT lending and staking services. The project has various unique features that will amaze you and we are listing some of them here.

While creating a futuristic all-in-one platform the NexonNFT is aimed to solve some of the major issues both buyers and sellers are facing, a few of them are listed below:

✅ Poor UI/UX
✅ Poor Customer Support
✅ Multiple token standards
✅ Limited Payment methods
✅ Multiple NFT platforms
✅ Non-transparent fee structure
✅ Lack of verification of authority
✅ Inferior search algorithms
✅ Limited data
✅ Confusing structure
✅ Complicated buying and selling operations

Some of the Unique Features of NexonNFT

✅ NexonNFT Marketplaces: NexonNFT is the combination of a revolutionizing idea, various latest technologies, and a robust business plan. It is a blockchain-based futuristic project that will help users with NFT marketplaces. The project has marketplaces for games, artwork, virtual real estate, interior design, recipes, and listing services.

✅ Nexon Pay: Nexon Pay is an online payment platform that users will use to make and receive payments, exchange tokens, and in short, complete any type of transaction in the NexonNFT ecosystem.

✅ Nexon Games: NFT Gaming industry has just started to rise up from the surface and we are here with some really exciting games that will not only allow players to earn while playing games but can further utilize the multi-game purchase features.

✅ Nexon Token: Nexon token is a deflationary token, it is a multifunctional token that will be used all over the NexonNFT ecosystem. From transaction to payment it will be used everywhere. Users can trade, stake, or hold the token to make a profit on their investment.

✅ Nexon Bridge: Nexon Bridge is a blockchain bridge in our project. It will allow users to swap Nexon between BSC and Avalanche, And swap the Nexon between the BSC and the polygon. Nexon Bridge will simplify swapping and effectively increase the trust and usability of Nexon tokens.

✅ Nexon Staking: Stake the token and earn the rewards

Join the NFT Revolution Community

🚀INTRODUCTION TO SEEK COIN🚀
“THE PASSIVE INCOME COIN”

Are you looking for the best way to earn a passive income online with little effort? Let me introduce to you the Seek coin.

Buy and hold (HODL) Seek coins to earn up to 5% dividends on your investment. It’s easy and reliable. Plus, the cryptocurrency is still new, so you can buy at really low prices in the ICO.

How Do Seek Coin Investors Make Money?

The Seek ecosystem pays a recurring income to anyone who buys and holds the Seek coin for a specific period. It’s a stable, guaranteed passive income with no strings attached.

Just register on the website, buy Seek coins and store them in your wallet.

As a Seek coin investor, you can also benefit from the huge demand of the Seek ecosystem, which will further boost the value of your holdings. Seek coin is a deflationary coin and its supply will be reduced through regular burns, which will further boost the coin price.

So, what are you waiting for? Invest in Seek coin today to earn a recurring passive income for life.

The Seek coin ICO goes live soon. Meanwhile, join the Telegram Channel to stay updated with the latest developments & news.

JOIN THE SEEK COIN NETWORK COMMUNITY

🚀 Welcome To Crypto Gabbar! 🚀

www.cryptogabbar.com

What we already have in our Crypto Marketplace?

✅ 8500+ Crypto Assets
✅ 7+ Languages
✅ 126+ Currencies
✅ News & Blogs
✅ Watchlist
✅ Portfolio
✅ Initial Coin Offerings (ICO)
✅ Airdrops

Upcoming Features of Crypto Gabbar Marketplace

❇️ Compare Crypto-assets
❇️ Expert Advice
❇️ Talk and Trade
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❇️ Daily Coin Prediction
❇️ Forum

How To Connect?

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