News

Boosting $NCDT Value: Introducing Our Buy-Back and Burn Initiative

December 13, 2024

nuco.cloud is proud to introduce a game-changing initiative for $NCDT holders — the Buy-Back and Burn program. This strategic move is designed to create long-term value for the nuco.cloud community by reducing the total supply of $NCDT, making it more scarce over time.

Here’s how it works:

  • 2025: 20% of cloud computing revenue in H1 and 15% in H2 will be used for buy-back and burn.
  • 2026: 20% of cloud computing profits in H1 and 15% in H2 will be directed toward buy-back and burn.
  • 2027 and beyond: 10% of profits in H1 and 5% in H2 will support ongoing buy-back and burn initiatives.

Additionally, B2B customers must hold at least $1,000 in $NCDT in their wallets to access exclusive 20% discounts on nuco.cloud’s platform. This holding requirement further drives demand for $NCDT, creating buy pressure on the token’s supply.

This initiative ensures sustained demand, increases token scarcity, and strengthens the overall ecosystem’s value.

Check our official announcement on X: https://x.com/nucocloud/status/1852013707309588754

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