6. Enhancing Value: BuyBack & Burn Strategy
6-1. What is BuyBack & Burn?
BuyBack & Burn is a mechanism to increase the scarcity value of a token by periodically buying back tokens circulating in the market and burning (destroying) them, thereby reducing the total supply of the token. High Touch Million will employ this BuyBack & Burn strategy to enhance the value of the $HTML token over the long term.
6-2. Enhancing the Value of $HTML
Regular BuyBack & Burn will reduce the supply of $HTML in the market, changing the balance of supply and demand. As the supply decreases and demand increases through platform growth and events, the value per token is expected to rise as a result. Through this mechanism, High Touch Million aims to increase the value of $HTML and return profits to token holders.
6-3. Source of Funds for BuyBack & Burn
High Touch Million will implement BuyBack & Burn using the following two sources of funds:
50% of the total amount of $HTML spent within the High Touch Million platform will be burned.
10% of the total sales of the High Touch Million platform will be allocated to BuyBack (buying back from the market), and then the repurchased $HTML will be burned.
Last updated