Web3 Games Platform Tamadoge Announces New Burn Program to Boost TAMA Coin Scarcity And Value

cryptonews.com:

Thursday, September 7th, 2023 – Web3 games platform Tamadoge today announces an exciting new burn program to boost the scarcity and value of its native token, $TAMA.

The burn program starts today as part of Tamadoge’s comprehensive strategy for reducing the circulating supply of $TAMA. The Tamadoge team is targeting new centralized exchange listings, and the burn program is a key part of that push.

There are three methods used in the burn program: Mega Burns, Community Burns, and Platform Revenue Burns.

Ease of use is at the center of everything Tamadoge does, and it is no different when it comes to involving the community with the burning program.

As such, to encourage community involvement, each of the three types of burn and their schedules are available for all to see on the newly launched Tamadoge Burn Portal.

In addition to the burn schedules, the Burn Portal keeps a tally of the number of tokens burnt to date. Logged-in users will also be able to see a counter of how many TAMA they have burned. 

Tamadoge Burn Portal – there are 3 burn methods:

Mega Burns

There will be special promotional events aimed at burning a significant amount of $TAMA tokens in the fourth quarter of 2023.

Community Burns 

For each $TAMA token that the community opts to burn, Tamadoge will match it by burning an equivalent amount of $TAMA, up to 5 million $TAMA. This part of the program will end on November 5, 2023.

Platform Revenue Burns 

All revenue generated from Tamadoge platform sales will be converted into $TAMA tokens and subsequently burnt.

To get started with burning, simply connect your wallet to view your $TAMA balance, enter the amount of token you wish to burn, and then click the burn button to initiate and complete the transaction.

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