In order to keep a project balanced, there are many actions that need to be taken throughout its journey. Therefore, we would like to share some important steps that we will take. RunBlox Team have decided to initiate a Buyback&Burn NFT Scheme to ensure a healthy and sustainable ecosystem in a long term. Additionally, RunBlox has also burned RUX.
1. From the users and for the users
RunBlox is generating 6% commission fee from the marketplace. We will leverage 20% of the fee to initiate a RunBlox NFT Buyback&Burn scheme.
2. Transparency
The NFT burning record will be published monthly on-chain. Detailed address down below:
Note: Buyback and burn will occur irregularly to avoid causing market volatility. But we will do it constantly, no matter what happens, in order to keep the market balanced.
