- About Beechers Brook A: A Champion by Bloodline
- $TD Token and Monthly Buyback & Burn Mechanism
- Expansion of the Big Red Racing Stable
Big Red Racing Stable has announced the acquisition of its first significant real-world asset in the harness racing industry: Beechers Brook A. This noteworthy addition to the Big Red ecosystem marks a pivotal step as the project transitions into a real-world asset ecosystem supported by blockchain technology.
About Beechers Brook A: A Champion by Bloodline
Beechers Brook A boasts an extraordinary pedigree, making him a prime addition to the Big Red Racing Stable. His father, SomeBeachSomeWhere, is an industry legend, earning nearly $4 million in just one racing season, while his mother, Cyclone Betty, has produced offspring who collectively earned over $1 million on the track. Renowned trainer Travis Alexander, with over 1,000 career wins and $19 million in earnings, will oversee the training and racing of Beechers Brook A. The horse has already been transported to Alexander's farm, where preparations for his racing debut under the Big Red Racing Stable banner are underway.
$TD Token and Monthly Buyback & Burn Mechanism
Big Red is introducing a unique financial model that ties the success of its racing stables to the value of the $TD token. Fifteen percent of the monthly profits will be allocated to a buyback and burn mechanism for $TD tokens. This means that profits will be used monthly to purchase $TD tokens from the open market and subsequently burn them, reducing the overall supply and increasing the tokens' value.
Expansion of the Big Red Racing Stable
Big Red has a strategic plan for significant stable expansion. Out of 300 NFTs released to fund the acquisition of Beechers Brook A, the Big Red treasury purchased 100. The proceeds will be reinvested in acquiring additional racehorses, ensuring a steady influx of real-world profits, which will strengthen both the operational activities and the overall value of the Big Red ecosystem.
The acquisition of Beechers Brook A marks a transformative moment for Big Red as it integrates traditional horse racing with blockchain technology. With the introduction of a new champion, an innovative financial model, and strategic expansion plans, the project has significant potential for growth.
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