MATR1X FIRE: Infinite game plan to increase value with 500 million $FIRE incineration

MATR1X FIRE: Innovative "Infinite Game" Plan Envisions the Future of $FIRE Tokens

Plan Overview
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MATR1X FIRE has announced a groundbreaking plan to breathe new life into the blockchain gaming industry: the "Infinite Gaming" plan to incinerate $500 million worth of $FIRE tokens is an ambitious initiative for sustainable growth and stability of the $FIRE ecosystem.

Plan Overview

This plan will drive the evolution of the $FIRE token in three phases. Each phase is designed to match the maturity of the ecosystem and is intended to incrementally increase the value and utility of the token.

Phase 1: Firefly Phase

Period: within 7 months after $FIRE Token Generation Event (TGE)
Main Goals:
- Building a solid foundation for $FIRE's future growth
- Effective distribution and incineration mechanisms

important point:

Initial total supply limited to 1 billion $FIRE
All $FIRE consumption in the Apollo program will be incinerated and deducted from the total supply
80% of tokens allocated to the team will be incinerated

Phase 2: Flamingo Phase

Period: 7 to 24 months after TGE
Main Goals:
- Expansion of $FIRE use cases
- Acceleration of the incineration process
- Reduce total supply cap of $FIRE to 500 million

important point:

Phased $FIRE issuance based on proof-of-work
Acceleration of $FIRE incineration through economic activity within the gaming ecosystem
$FIRE integration into more gaming products

Phase 3: Phoenix Phase

Period: 24 months after TGE (adjusted according to the development of the ecosystem)
Main Goals:
- Upgrade game economic cycle
- Expanding the diversity of the gaming ecosystem
- Realization of full circulation of $FIRE tokens

important point:

$FIRE Consumption Activity to Create Long-Term Incentive Pool
Promoting efficient circulation of $FIRE through the introduction of a new financial mechanism

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MATR1X FIRE's "Infinity Game" plan aims to create a sustainable ecosystem while incrementally increasing the value and utility of $FIRE tokens. Through token incineration and supply alignment, the plan is expected to increase the scarcity of $FIRE to facilitate long-term value growth.

The success of this plan could have a significant impact on the future development of the MATR1X FIRE project and will be a notable initiative for the entire blockchain gaming industry.

Source Article:. (Official MEDIUM)