The BRN Metaverse announces new opportunities for the BRN token and the development of a new sub-token #memetoken, generated through burning BRN tokens.
Tokenomics of BRN and #memetoken
Currently, there are 320,000,000 BRN Tokens in circulation. The new #memetoken will have a significantly larger supply of 320,000,000,000,000 units. After the sale, any unsold tokens will be burned entirely, leading to a scarce supply of the new token.
Burning 1 BRN Token will yield 1 million #memetokens. If all BRN Tokens are burned, a total of 9,000,000,000,000 #memetokens will be generated. The remaining supply of 311,000,000,000,000 will also be burned 30 minutes prior to the exchange listing.
Sales Mechanism of #memetoken
The sale of #memetoken will commence once it is ready and will last for one month. Participants can burn BRN Tokens to acquire #memetokens through a system developed for decentralized wallets.
There will be no lock period for #memetokens acquired through burning, allowing for immediate withdrawal to personal wallets. The burning system for BRN Tokens will close one day before the stock market listing.
Basic Ecosystem and Its Advantages
The project will present a fresh perspective on the #memetoken landscape with a Dragon meme logo, distinguishing it from standard dog, cat, or frog memes.
Transactions within the ecosystem will incur zero commissions, zero slippage, and no tax obligations. The project will not have owners; all stakeholders will be investors. Thus, tokens will be received immediately upon burning BRN Tokens.
The BRN Metaverse embarks on an ambitious project that significantly enhances the functionalities of the BRN Token and offers new opportunities for investors. The introduction of the #memetoken, acquired through burning BRN Tokens, marks a significant milestone in the evolution of the ecosystem.