Introducing a New Ecosystem for the BRN Metaverse
Introduction:
The BRN Metaverse is undergoing exciting developments to bolster the usability of the BRN Token and strengthen our position in the market. We are committed to providing additional privileges to our investors. In this blog post, we will explore the existing features of the BRN Token and introduce an innovative new addition — the #memetoken. This sub-token will be obtained exclusively by burning BRN Tokens. Let’s dive into the key aspects of this upcoming project.
Tokenomics:
Token Supply: The current supply of BRN Tokens stands at 320,000,000 units. The #memetoken will have a significantly larger supply of 320,000,000,000,000. One month after the token becomes available for sale, any unsold supply will be burned entirely, resulting in a scarce token supply. All tokens will be held by our investors, and the initial way to acquire the #memetoken will be through burning BRN Tokens. Here’s the breakdown:
- Burning 1 BRN Token will yield 1 million #memetokens.
- The current circulation supply of BRN Tokens is 9,000,000 units.
- If all available BRN Tokens are burned, a total of 9,000,000,000,000 #memetokens will be generated.
- The remaining supply after the maximum sale will be 311,000,000,000,000 which will also be burned 30 minutes before the exchange listing.
- The listing price of the #memetoken on the exchange will be determined based on the price index of $BRN. For example, if BRN is priced at $0.50, the #memetoken’s listing price would be 0.00000050.
Sales Mechanism:
- The #memetoken sale will commence once it is ready, and the token acquisition period will span one month.
- Participants can burn BRN Tokens and receive #memetokens through a system developed for decentralized wallets.
- There will be no lock period for the #memetokens acquired through burning, allowing for immediate withdrawal to personal wallets.
- The system for burning BRN Tokens will be closed one day prior to the stock market listing to prevent potential arbitrage-related issues stemming from price differences.
- The BRN Metaverse intends for the #memetoken to be a community project without generating income. Hence, the project will not possess any tokens, and only investors who burn BRN Tokens will hold them.
- Once listed on the stock exchange, the sale with BRN Tokens will cease, and trading with USDT will be introduced, marking the #memetoken as an independent project.
Basic Ecosystem:
- Our forthcoming project will introduce a fresh perspective to the #memetoken landscape, featuring a Dragon meme as our logo, differentiating us from the typical dog, cat, or frog memes.
- Transactions within the ecosystem will enjoy zero commissions, zero slippage, and no tax obligations.
- The project will have no owners; instead, all stakeholders will be investors.
- There will be no lock period, enabling immediate receipt of the #memetoken upon burning BRN Tokens.
- Our commitment is to continually advance the ecosystem, and we invite you to join us on this exciting journey.
Conclusion:
The BRN Metaverse is embarking on an ambitious venture to enhance the usability of the BRN Token and provide additional privileges to our investors. The introduction of the #memetoken, obtained through burning BRN Tokens, marks a significant milestone in our ecosystem’s evolution. We look forward to expanding and growing.