HUGE NEWS for $VRA:
- 10 billion $VRA warchest burned
- Separation of POV marker tokens and $VRA is happening.
Let me try to explain to you why this is a huge deal.
@verasitytech with this decision burned 50% of $VRA max supply, meaning that current circulating supply is also its total supply.
To put things in perspective:
- $VRA gave up on $56 million dollars of potential funding, because in 2024 they "expect huge demand for our advertising solutions" which will be more than enough to support their growth.
To make things better, with a deflationary mechanism this number will go down steadily quarter by quarter. In first half of the year $155 million $VRA was bought back from the market and burned (more than 10% of the circulating/total supply)
This is just the beginning for $VRA, people were staying away due to how the tokenomics were reported but now there is nothing to fud about.
It is clear, POV marker tokens will be moved to different contract and possibly different chain (will not be tradable) and warchest is gone.
Market Cap of $10b dollars would mean $VRA would be $1.
Easy if you ask me. That will be like the top 50 next bull cycle.
Following $VRA's 10 billion Warchest Burn, we've put together an entire deep-dive into #Verasity's tokenomics and next steps here๐
https://t.co/7oWLTP487d
This is one of the biggest community-led success stories in #crypto, & we invite everyone to discover our path forward!๐ฅ
#Verasity $VRA burns the entire Warchest (10bn tokens), and explores new chains for 90bn PoV marker token separation, following a landmark community-led consultation.๐ฅ
๐Read our Press Release here:
https://t.co/QAC7KGGQTd
๐TX Hash here:
https://t.co/xACMB0aau9
Full tokenomics article coming later today!โก๏ธ
Next Monday, #Verasity will host a roundtable Spaces discussion here on ๐, discussing the conclusion of the $VRA tokenomics consultation and our next steps!๐ฅ
๐ https://t.co/XVa4d3TfrV,
๐ October 02, at 2:00 PM UTC,
๐ $1,000+ in $VRA across 10+ influencers,
๐ฃ๏ธ Meet the line-up of #Verasian influencers who will be joining as guest speakers for this upcoming discussion:
@NurBrks
@mickreade
@HouseofChimera@takegreenpill@CryptoErwinNL@WitFinance@ryptocrypto@mandoct@ayucharlottee@fedmarket_
@MrTastycalls
All information discussed will already be in the public domain before our Space. All #Verasians receive updates at the same time.โ๏ธ
Make sure you set the date! ๐
$VRA roundtable today at 2pm UTC in a matter of hours and I am 99.9% sure the outcome will be explosive ๐งจ in a good way! I will be attending and I am so excited to see what they have to say! @verasitytech
Hey guys tomorrow I will pick one winner to win $100 in $VRA ๐ธ๐ธ๐ฐ๐ฐ๐
Requirements ๐ :
1. Follow me and @verasitytech
2. RT & like the post
3. Join the space on @verasitytech Oct 02 Mon, 2:00 PM, UTC.
๐ฐ๐ซฐ๐ธThe winner will be announced next week.
Good Luck everyone
Kiss kiss ๐๐๐
#Crypto #Giveaway #blockchain #Verasity #Binance
#VRA #BTC