Creative Coin Burn Extravaganza!

in #palnet2 years ago

We have created several burn cases to support the Creative Coin economy.

What does this mean and why are you doing it???

Well, you see, we have some pesky CCC laying around that we need to get rid of!

  1. We just burned 42,000,000 CCC from our sell wall, because we can.

  2. The main Creative Coin account will be making daily burn posts that will simultaneosly promote users and burn the Creative Coin posting and curation rewards.

  3. We will also be taking the steem payout of our daily posts and purchasing CCC to burn. So when you upvote these posts not only are you receiving curation rewards, but you're helping to raise the amount of CCC burned.

  4. You can burn CCC to promote your post on the creativecoin.xyz front end - when you send CCC to @null with your post link in the memo field, then your post will appear as promoted and those tokens are permanently removed from the supply.

  5. "Soon" can also burn CCC to create Custom Badges on Nitrous!

Thank you so much for your support of CCC and www.creativecoin.xyz! we have a ton of new ideas in the works, to take the platform up a few notches!

Sort:  

BURN THEM ALL!

Upvoted for extra Burn Power

This is why we are friends. ♥

just a small question, if you are burning your sell wall, then why create so many coins in the first place??

and if the sell wall is still there then this will not change anything in the price so why do it?

BURN BABY BURN!!🔥🔥🔥

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Could someone please tell me if the upcoming change to the "5 minute" upvote window will also apply to the Creative Coin Tribe, or will the Tribe have its own rule? Thanks!

I believe that change will also apply to all tribes

Thank you very much! I really appreciate it!

This post has been included in the latest edition of The Steem News - a compilation of the key news stories on the Steem blockchain.

Hello!

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!

Much love to you from all of us at @helpie!
Keep up the great work!


helpiecake

Manually curated by @paintingangels.


@helpie is a Community Witness.
For more information about our project,
please visit this month’s UPDATE post.

Congratulations @creativecoin! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 2000 upvotes. Your next target is to reach 3000 upvotes.

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Did you know? Posts promoted through token burn get their special spot at https://steemmonsters.club/. This is actually how I found your post!

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