Similar to Bitcoin's halving event, $TAO also implements a halving mechanism that cuts down the rate of new $TAO token issuance. This designed scarcity mechanism reduces the supply of newly minted tokens entering circulation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
10
Repost
Share
Comment
0/400
PessimisticOracle
· 12-16 19:16
The halving mechanism is here again. To put it simply, it's the same as a hunger marketing strategy. Whether it can truly drive prices up depends on whether someone is willing to buy in.
View OriginalReply0
ser_aped.eth
· 12-16 19:07
The semi-reduction mechanism is back, but the question is, can this thing really hold up the price?
View OriginalReply0
GateUser-75ee51e7
· 12-16 05:07
Another halving? This tactic of BTC has been played out long ago, Tao is trying to do hunger marketing, isn't he?
View OriginalReply0
SignatureCollector
· 12-15 15:39
Ha, another copycat Bitcoin halving scheme, TAO is just trying to stir things up.
View OriginalReply0
Ser_APY_2000
· 12-13 19:52
Hmm... the halving mechanism, this routine, feels like every project has gotten tired of it. The key question is whether it can really sustain the price.
View OriginalReply0
blocksnark
· 12-13 19:52
Hmm, this trick is all about playing on scarcity. It seems like every project wants to imitate Bitcoin's approach...
View OriginalReply0
probably_nothing_anon
· 12-13 19:52
The halving mechanism is here again, this time it's TAO. A supply-side bottleneck will indeed push prices higher.
View OriginalReply0
NftRegretMachine
· 12-13 19:51
Well... is TAO also following Bitcoin's halving? Basically, it's just a printing press adjusting its speed. This trick is a bit outdated.
View OriginalReply0
BearMarketSurvivor
· 12-13 19:49
Haha, another halving? $TAO's approach is exactly the same as Bitcoin's, still playing that scarcity game.
View OriginalReply0
NotFinancialAdviser
· 12-13 19:38
Tao's halving mechanism sounds good, but can it really support the price... The tricks in the crypto world are all the same.
Similar to Bitcoin's halving event, $TAO also implements a halving mechanism that cuts down the rate of new $TAO token issuance. This designed scarcity mechanism reduces the supply of newly minted tokens entering circulation.