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Title: Introducing GriffinGOLD: A Revolution in Tokenomics and Sustainability
United Kingdom, 11th Apr 2024, King NewsWire - GriffinGOLD, a groundbreaking new cryptocurrency, is set to launch with a unique set of features that set it apart from other tokens in the market. With a focus on sustainability, community engagement, and innovative tokenomics, GriffinGOLD aims to become the next big thing in the crypto world.Tokenomics: With a total supply of 32 million tokens, GriffinGOLD's distribution is carefully planned to ensure fairness and sustainability. Out of the total supply, 4 million tokens are locked in liquidity forever, ensuring a stable trading environment. Additionally, 2 million tokens are set aside for giveaways and airdrops, promoting community engagement from the start. The remaining 26 million tokens will be available for public purchase, ensuring a wide distribution among users.Unlike many other projects, the founding team and developers of GriffinGOLD will not receive any tokens for free, aligning their incentives with the long-term success of the project.Taxation and Sustainability: GriffinGOLD's tax mechanism provides both incentives and funds for maintenance, promotion, and a burn strategy. The buy tax compensates the team for maintenance, marketing, and legal costs, ensuring the project's sustainability. The sell tax adds tokens to the giveaway pool and permanently burns some, increasing the value of circulating tokens.In a unique move to aide reforestation globally, GriffinGOLD has committed to planting a tree in the real world, for every token burnt in the digital realm. These efforts will be verified by Veritree, ensuring transparency and accountability in their sustainability initiatives.Price and Future Governance: The public launch price of GriffinGOLD is planned to be $5 per token, offering a gigantic return on investm...
This press release is issued by King Newswire