Why will $KTZ price go up?
Last updated
Last updated
Most P2E Games issue at least 1 new token to reward their users, which always results in the depreciation of the reward tokens, and ultimately, making everyone but the foundation and the first movers lose. That is why $KTZ has been designed to decrease in total supply as our ecosystem grows and becomes more active.
On top of that, we are adding two more mechanisms to drive the value even higher. First, users can earn special rewards through Staking. This type of reward system would increase utility of KTZ token and lock up some of the supply in the market. Also, 50% of the NFT sales will be bought back on pancakeswap and be distributed to the game players, which means the more game players we have, the more rewards they can earn. Plus, we will speed up the burning of tokens to drive up the price of KTZ.