Target:
Most dedicated group of people within an existing community.
Main Perk:
Permanently reduced token supply, enhanced physical asset.
Mechanism:
Burning Tokens in a non-accessible address. In exchange the user gets an enhanced art NFT depending on spent amount and physical asset related to the project. User gets a very limited physical collectible with additional surprises in the box, symbolizing his close ties with the project. Permanent supply reduction has a deflationary effect on the project. Holders of project related nfts might get additional value from the project in form of access to exclusive ecosystem perks.
Economic impact:
Reducing the total token supply has a deflationary effect. Reduced total supply might have a positive effect on the price with constant project interest. 1% of locked tokens go back to project‘s treasury. 5-10% of generated revenue will be used for $babySNEK Token buybacks!
