Tokenomics of Service

Tokenomics is the study of the economics and design of a cryptocurrency's ecosystem.

Understanding Tokenomics of Service Coin

For Service Coin, understanding tokenomics is crucial for grasping how its supply and deflationary model impact its value and utility.

Token Supply

Total Supply: Service Coin has a total supply of 21,000,000 tokens.

Circulating Supply: 18,333,000 tokens are in circulation after burning 12.7% at launch.

Distribution: Tokens are distributed among ecosystem participants, including investors, team members, and service business partners.

Deflationary Model

How It Works: Service Coin's deflationary model is powered by profits from real-world service businesses. These profits are used for weekly token buybacks, which reduce the circulating supply by removing tokens from the market.

Token Burn: a portion of the tokens was permanently burned, further decreasing the total supply. This process creates scarcity, which can drive up the value of the remaining tokens.

Benefits for Holders: The deflationary model benefits holders by increasing the potential value of their tokens over time. As the supply decreases, the demand for the remaining tokens can increase, leading to higher prices.

Benefits of Deflationary Tokens

Scarcity and Value Appreciation: By systematically reducing the supply, deflationary tokens like Service Coin can increase in value over time, making them attractive for long-term investors.

Stability and Predictability: The controlled reduction in supply helps maintain market stability and predictability, which can boost investor confidence.

Long-Term Investment Appeal: Deflationary tokens are often seen as a hedge against inflation, preserving and potentially increasing purchasing power over time.

This explanation provides a comprehensive overview of Service Coin's tokenomics, highlighting its total supply, distribution, and the benefits of its deflationary model for investors and holders.