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JCMETA is a buyback hyper-deflationary token with the ticker JCMETA X (JCMX). It is one of the first tokens on the Binance Smart Chain (BSC) to introduce the BuyBack feature, similar to buying back shares in the stock market. A 6% transaction fee is collected and periodically used to buy back tokens from the market, which are instantly burned to increase the value of the circulating supply. This feature aims to make JCMETA X more attractive to hold and protect holders from significant market dumps.
Besides the BuyBack feature, JCMETA X offers a static rewards system where token holders benefit from a 5% distribution on every transaction. The automatic buyback process constantly purchases and burns tokens after every sell action. With these mechanisms in place, JCMETA X aims to reward holders and create a more sustainable token economics model.
JCMETA is a token, decentralized peer-to-peer lending, and metaverse cryptocurrency. Built on the Binance Smart Chain, it offers multi-functional utilities across different sectors, including business, social, community, and entertainment. The P2P lending platform facilitates secure and interference-free transactions on the decentralized communication system, with applications in digital education, medical and pharmaceutical fields, banking and finance, and other corporate sectors. JCMETA strives to provide a comprehensive platform for users to engage in various activities while enjoying the benefits of blockchain technology.
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