Benefits of Investing In Gakcoin Project
Gakcoin project has a beneficial impact on the crypto currency market. Here are some of the ways:
Gakcoin tokens are strictly utility tokens in all jurisdictions and are not and cannot be considered to be a “security” or otherwise regulated token of any kind. Gakcoin is not in any way e-money and/or fiat money, or an asset-backed stablecoin, whether global or limited in scope.
Our mission is to revolutionize the traditional world of banking and gaming into a completely decentralized experience that gives users a direct ownership in an ecosystem that is completely transparent and tamper-proof through our Gakcoin smart contracts platform With a secure and limitless immersive experience.
Gakcoin has three main features that make it a fully utility token i.e. Auto-burn mechanism, Banking and Gaming.
Gakcoin project has a beneficial impact on the crypto currency market. Here are some of the ways:
An increase in supply causes a drop in demand, according to the fundamental law of supply and demand. The Auto-burn mechanism aim to reduce circulation supply, increase scarcity, and raise demand. You might wonder why. It is because the items that are difficult to obtain are more appealing than those that are more easily available. Using the same logic, investors are more attracted to rare coins than the ones that are plentiful. In the long run, this will increase the value of the Gakcoin.
Deflationary tokens have gotten a lot of attention during the recent Bull Run. As investors collect greater earnings, this factor directly adds to their interests those who want to short their coins will profit from the entire process leading up to the coin burning. After all is said and done, the desired outcome is a value increase after burning.
Unsold tokens in circulation are harmful to a crypto currency's success. Instead of flooding the market, the Auto-burn mechanism assists a project in removing extra tokens from circulation. Furthermore, if tokens were distributed erroneously, it would be desirable to burn them to repair the error.
Gakcoin was deployed with an Automatic mechanism of burning 10% until remain of 0.1% 0f 1000000000000GKC total supply.
We will keep updating them based on the team decision.
gkc@gakcoin.info