04. Token Circulation Policy

Mega Token Circulation Policy

■ Mega Token Circulation

Mega Tokens are used as a payment method within the entire ecosystem of the Mega Project, especially for registration, NFT registration, sales, certificate issuance, and various contents of the Meta Campus, and can be purchased or sold on major listed exchanges in the world.

As the content is updated in the future, the usage will be diversified. Mega tokens used in the mega project are used in a minimum quantity in the first stage, and are locked up and used in stages according to the circulation policy, or incinerated by the incineration algorithm to control the circulation.

■ Voucher system (Voucher):

By providing differentiated benefits only to those who have a certain amount of mega tokens for online and offline events, exhibitions, purchases, discounts, etc., by using the services of various ecosystems hosted by the Mega Project Foundation, By always holding the Mega Tokens, the price can be stabilized by reducing the circulation.

■ Burn Policy:

In order to stabilize the price of mega tokens, the Mega Project Foundation implements a policy to control the circulation by burning mega tokens, taking into account the correlation between the market circulation and price on a regular or irregular basis, if necessary. The price can be stabilized by purchasing a quantity from the market and burning it, or by burning a certain amount of tokens held by the foundation to reduce circulation.

※ Mega token distribution policy may change depending on the mega project business and progress, so it cannot be used as an investment judgment factor.