India, 7th May 2024, King NewsWire — MASSS, a pioneering blockchain project, announces the launch of a groundbreaking auction protocol designed to transform traditional auction mechanisms. The focal point of this initiative is the auction of the native MASS token at a discounted rate, offering users the opportunity to bid and acquire tokens at competitive prices.
The core feature of the project revolves around a dedicated supply of 25% of tokens, securely locked in a smart contract. Each year, only 2% of this reserve is released into circulation for auction under the project's unique Proof of Hype (POH) consensus mechanism. Any unsold tokens will be systematically burnt, ensuring scarcity and enhancing the token's value proposition.
Revenue generated through these auctions will be allocated towards rewarding token holders, fostering ecosystem development, and contributing to charitable causes. This innovative approach reflects MASSS's commitment to creating value not just for investors, but for the broader community as well.
Furthermore, holding MASS tokens grants eligibility to participate in these auctions and future integrations, incentivizing engagement and participation within the ecosystem. The project aims to establish itself as a hub for both Web3 and real-world integrations, driving broader adoption and utility for its native token.
One of the distinctive features of MASSS's auction protocol is its Manual Auction Selective Shilling mechanism, which introduces a new generation of auction dynamics powered by blockchain technology. This protocol revolutionizes the auction experience, facilitating seamless integration with various Web3 platforms and real-world applications.
Key Highlights of MASSS:
- Token Auctions: Participate in auctions to acquire MASS tokens at discounted rates, leveraging the innovative POH consensus mechanism.
- Ecosystem Development: Revenue generated from auctions contributes to ecosystem development and charitable initiatives.
- Token Utility: Holding MASS tokens grants eligibility for participation in auctions and future integrations, enhancing token utility.
- Auction Protocol: The project introduces a revolutionary auction protocol, blending blockchain technology with traditional auction dynamics.
- Web3 Integration: MASSS aims to integrate seamlessly with Web3 platforms, expanding its reach and utility in the decentralized ecosystem.
For more information about MASSS and its revolutionary auction protocol, please visit the official website at massstoken.com and the presale website at presale.massstoken.com. Stay updated on project developments by following MASSS on Twitter (@MasssToken) and joining the Telegram community (t.me/MasToken). Additionally, find us on Coinsniper at coinsniper.net/coin/60606.
About MASSS:
MASSS is a pioneering blockchain project based in India, focused on revolutionizing auctions through innovative token auction protocols. With a commitment to fostering community engagement, driving ecosystem development, and contributing to charitable causes, MASSS aims to redefine the auction experience in the digital age.
Media Contact
Organization: MASSS
Contact Person: MASSS
Website: https://massstoken.com
Email: Send Email
Country:India
Release id:11787
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