After your participation in voting for the BTZ coin to be listed on Bitazza exchange via Freedom DAO using Freedom Passport, let’s review the importance of the tokenomics of BTZ, which is the driving force behind Bitazza’s ecosystem and allows everyone to participate in Freedom DAO to exercise their voting rights to help plan the direction of our ecosystem. Let’s get to know more about the tokenomics of BTZ together.
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🥧The total volume of BTZ tokens and their allocation is limited to only 3 billion tokens, with a schedule and quantity of BTZ token released to the market each year. This creates a balance of purpose and generosity through the actual usage of features and services. More importantly, we are transparent and clear about distributing coins to various parties based on actual value, which can be verified at any time.
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📱In reality, BTZ tokens power various features and services within Bitazza’s ecosystem, and will continue to expand as our ecosystem grows. Currently, BTZ is integrated into various functions such as trading fees, Bitazza Levels for benefits every time you use our services, Freedom Card, which brings digital worlds into your hands, Freedom World, a community app that everyone can own, and Freedom NFT, which adds rewards to your Freedom Card.
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We will continue to develop features and products with BTZ powering our ecosytem, allowing BTZ to have a long-term intrinsic value through real-world use cases.
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📊 Freedom DAO
Internal decision-making, oversight and new offerings in the platform are within the power of BTZ holders through Freedom DAO, which will allow BTZ holders the right to express their opinions directly to the management team. This means the true owners of the ecosystem are BTZ holders! Feel free to build credibility, security, transparency and equal participation.
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🔄 Volume Control
Token buybacks and burning OR circulation and signaling.
Due to the limited supply of BTZ, it must be eliminated from the system in order to create a balance. Similar to traditional methods of other cryptocurrencies, such as Bitcoin halving or BNB token burning. There are several advantages and disadvantages, but for BTZ, we would like to offer something special, which is to let BTZ holders choose. As proposed in the Bitazza Global Whitepaper 2.0, a method called “The Redistribute and Signal”, a model that takes BTZ received as payment from partners and redistributes them to those who would both create value for the network, and credibly signal their confidence in it. Moreover, Bitazza is the first crypto platform in the world to adopt this model.
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It can be seen that BTZ is becoming more and more integrated in everyone’s daily life through the products and features offered by Bitazza. This gives BTZ the ability to increase its value in the long run.
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Who wants to know more about BTZ? The whole whitepaper has been condensed so you can finish reading it in 5 minutes! Bitazza Global Light Paper 2.0 https://content.bitazza.com/lightpaper2-0en/
*BTZ allocation information from company website as of May 1st, 2023 https://btz.bitazza.com/dashboard.html
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