Scarcity
Last updated
Last updated
What is scarcity?
Scarcity is a concept at the core of the platform to increase the stock's intrinsic value over time and make long-term acquisitions more appealing. By limiting the availability of the stock, we create a sense of rarity that can make it more attractive to potential buyers and increase its intrinsic value in the long run.
At the end of every IPO (Initial Player Offering) window, all unsold stocks are destroyed. This ensures that scarcity of the sold stocks on the platform is maintained since the destroyed stocks will never be re-minted.
How do we ensure scarcity long term?
To ensure scarcity long-term, we also use a process called Shareburn.
