Day: October 17, 2023

FUNToken Achieves Milestone with Largest-Ever Quarterly Token Burn, Strengthening its Deflationary Model
Press Release

FUNToken Achieves Milestone with Largest-Ever Quarterly Token Burn, Strengthening its Deflationary Model

FUNToken has burned 21,294,113 of its tokens, reinforcing its commitment to scarcity and long-term value. This quarterly token burn, the largest ever carried out by the platform, is a defining moment for the crypto and blockchain industry. FUNToken's deflationary model is designed to increase scarcity and value over time, strategically aligning this move with its ongoing commitment. This token burn is the 9th in a series of quarterly burns and represents a significant milestone in FUNToken's journey. By drastically reducing the number of tokens, the platform has laid a solid foundation for balancing supply and demand, potentially boosting price stability. Since introducing the token burn policy in 2021, FUNToken has diligently followed the deflationary process, experiencing a positiv...