KaJ Labs Burns 5M Tokens of Web3 & AI Platform
- Written by Newsfile
January 03, 2024 6:45 AM EST | Source: Kaj Labs[1]
New York, New York--(Newsfile Corp. - January 3, 2024) - AGII, the AI-powered content creation platform, is pleased to announce the initiation of a monthly token burn, with the first transaction recorded on BSCScan[2].
Empower Your Creativity: AGII - Where Innovation Meets Imagination
To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8833/193002_kajlabsfigure1.jpg[3]
This milestone solidifies AGII's dedication to optimizing tokenomics and creating long-term value for its community. The burn transaction, transparently available on the Binance Smart Chain, symbolizes AGII's proactive approach to token management.
"Our decision to implement a monthly token burn is to enhance the value proposition for our community. By consistently reducing the supply, we aim to create a deflationary environment that benefits AGII token holders," said J.King Kasr, CEO at KaJ Labs.
AGII's approach to token burning strategically contributes to the long-term growth of the ecosystem. By positively influencing market dynamics, AGII aims to foster a sustainable and robust tokenomics structure.
About AGII:
AGII is a leading Web3 AI platform, offering practical solutions for content generation, coding, and NFT creation.
About KaJ Labs:
KaJ Labs is a decentralized research organization dedicated to AI and blockchain technology, supporting innovative projects globally.
Contact info:Dorothy MarleyMedia@kajlabs.com[4]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193002[5]
References
- ^ Kaj Labs (www.newsfilecorp.com)
- ^ BSCScan (api.newsfilecorp.com)
- ^ https://images.newsfilecorp.com/files/8833/193002_kajlabsfigure1.jpg (images.newsfilecorp.com)
- ^ Media@kajlabs.com (www.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/193002 (api.newsfilecorp.com)
- ^ Kaj Labs (www.newsfilecorp.com)