🔥 $FOMO Burn & BuyBack Program

One of the core components of TOCD's strategy is the burning of $FOMO tokens. Burning permanently removes tokens from circulation, effectively reducing the total supply and creating scarcity, which often leads to an increase in the token's value.

• For NFT Holders: Players can burn $FOMO tokens instead of SPH (Sapphires) to increase their share of the in-game rewards. This system allows NFT holders to strategically use $FOMO, not only to gain in-game benefits but also to support the deflationary mechanics of the token, ensuring it retains long-term value. By burning $FOMO, they contribute to the token’s scarcity and enhance the overall value of their holdings.
• For Investors (non-NFT players): When they buy an attack power for one of the factions (knights or creatures) during gameplay, 6% of their transaction amount is a fee, a portion of this fee is sent to burn. In this way, each in-game transaction helps reduce the total amount of $FOMO, benefiting the entire community and increasing the value of the token.

TOCD also incorporates a buyback mechanism to enhance the value of the $FOMO token. Here’s how it works:

Revenue generation and buyback: TOCD generates revenue through transaction fees from transactions within the game. A portion of this revenue is used to purchase $FOMO tokens in the marketplace. This approach helps reduce selling pressure, creating a more stable market for $FOMO.

As of now, over 40% of the total $FOMO supply has been burned. This substantial reduction has already had a positive impact on the token’s market performance. In addition, the game continues to burn $FOMO through every transaction, further supporting the token’s long-term value.

The $FOMO Burn Tracker provides real-time insights into how many tokens have been burned and when offering full transparency and empowering the community to make informed decisions.

The combination of burning $FOMO and buying back tokens creates a strong deflationary environment within the TOCD ecosystem. This mechanism not only helps stabilize the token’s value but also provides ongoing benefits to players and investors alike. Whether you’re an NFT holder looking to boost your in-game rewards or a player interested in increasing your $FOMO holdings, the burn and buyback strategy ensures that you’re part of a sustainable, growing economy.