What is the purpose of PNT burning?

According to the basic rules of economy, an asset gains value, with the same amount of request, the lower its offer is. PNT tokens have been created only once and in a limited supply, no one can create new tokens. The burning has the goal to reduce the supply of PNT, enhancing its exclusivity for token holders.

The services of the Eidoo ecosystem use the utility token PNT for the payment of various types of fees. With the user increase and the service increase, the token will be more wanted but at the same time the supply will always be more scarce, thanks to the burning. In other words, PNT has a deflationary intrinsic economy.

This choice represents the will and the seriousness of the project in continuing a long-term design that has the objective to return the invested value to the token holders and the supporters of Eidoo.