In continuing with our white paper’s promises and the road map for our users, Sportcash One has initiated our SCOneX token burn for the third time.
It is imperative for Sportcash One to reward our initial token holders by burning 1,000,000 tokens each month for the next 12 months for a total of 12,000,000 SCOneX tokens to be burned.
As of now we currently have burnt 3,000,000 of the 12,000,000 SCOneX tokens.
We are nothing without our community, and as a ‘community focused’ utility token, SCOneX, continues to emphasize utility, scarcity, and accretive value to our initial token holders, while providing incentives for new token holders. HODL’ing SCOneX is a valuable strategy for a utility token on the rise, and our token economics reflect our commitment to providing value to our users.
Our commitment to providing transparency with our token economics, roadmap, and future plans for development continue to be of paramount importance. We’ll continue to publish, and provide links to all token burns.
As promised a record 3,000,000 SCOneX has been successfully burned, equivalent to $80,441 (USD) worth of tokens.
View the Waves Explorer transaction below or click here.
0.001, Yes you read that correctly. 0.001 WAVES is the fee for burning 1,000,000 SCOneX. The emergence of NFTs, the speed, and cheap transactions on the WAVES blockchain continue to demonstrate the utility of the WAVES blockchain and the exclusive SCOneX token running on its nodes. Watch this space.
Reminder worth repeating:
Sportcash One takes the next step in our relationship with Waves. Sportcash One’s focus on being the premier blockchain and crypto native solution for sports and media in the Waves ecosystem makes today an exciting day, and a promising day for our token holders. Our continued relationship with Waves Association and our Team Member’s position within the Executive Board promise a strong future for the relationship between both communities.
Sportcash One will continue to onboard and include athletes, clubs, teams, and brands into the rapidly growing blockchain and crypto ecosystem. No doubt partnerships, and synergies between members of the Waves Association community will help Sportcash One in the next stage of our evolution. With Waves at our back and a strong tailwind, we’re eager to move forward. Onwards!
***Finally, we’ve met with numerous high-profile companies over the last few weeks and are extremely excited to announce new partnerships in the coming weeks. Watch this space!***
Learn more about Sportcash One and visit our website www.sportcash.one