❤️‍🔥Buyback and Burn

Weekly Buyback Process:

• BC.Game allocates a predetermined amount of funds from its revenue or reserves each week to buy BC tokens from exchanges or liquidity pools.

• The buyback amount can be based on predefined criteria such as market conditions, token performance metrics, or strategic goals.

Execution:

• BC.Game executes the buyback process manually or through an automated system that purchases BC tokens from available market liquidity.

• Tokens acquired through the buyback are then earmarked for burning to permanently remove them from circulation.

Burn Mechanism:

• Tokens bought back are burned immediately or periodically using a smart contract mechanism.

• Burning ensures that the tokens are permanently removed from supply, potentially increasing scarcity and token value over time.

Impact:

• Supply Reduction: Regular buybacks and burns decrease the total supply of BC tokens in circulation, which can create scarcity and support token value.

• Market Dynamics: By reducing circulating supply, buybacks can stabilise or increase token prices, particularly during periods of market volatility.

• Investor Sentiment: Demonstrating a commitment to token value through consistent buybacks can enhance investor confidence and attract long-term holders.