Hello everyone, Welcome to the month of November. We've got a ton of existing news to share with you this beautiful morning, and to start with, we're thrilled to let you know that we've recently sealed a deal with one of the top playtoearn games across all blockchains, and to mark that achievement, we've powered up a whopping 500 Hive to increase our Hive power. Additionally, it's a delight to bring to your notice that swap. Gifu has been trending at the top of on hive engine since day one of its introduction, and lastly, in our commitment to strengthen the Gifu token, we've initiated a token burn.
We've got lots of news to let out of the bag, and trust us, you'll love it, so without further ado, let's get into them one after the other.
As we all know, Splinterlands is one of the top leading play-to-earn games across the world, and it's with pleasure that we're pleased that we at Gifu have been able to strike a deal with them. We'll be commissioning a series of Splinterlands theme gifs that'll go one to help foster more brand awareness, engagement, and player retention for Splinterlands.
Since swap.gifu was introduced to the hive engine a few days ago, the market has been buzzing, and this has kept us in the loop, helping us trend around the top for volume traded since the swap.gifu introduction on hive engine. That has gone on to take an even more positive turn as we rose high to the second most traded volume on hive engine since two nights ago, and we've retained the same spot till this very moment; that's an indication of far more exciting things to come.
In light of all this existing news and how the market has been favorable to swap. In the last few days, we've decided to invest some of the funds back here on Hive, and to do that, we've powered up a whopping 500 Hive that'll go on to increase our curation capacity on the blockchain, support content creators, and in the process earn more curation rewards to help strengthen the project as a whole, in the last 24 hours, we've went on to power up over 1000 hive.
Given how exciting the past few days have been and our successful sale with Splinterlands, we've decided to burn a total of 347826.086 gifu; that's 4.438% of the total gifu supply, and this act is aimed at reducing the total supply and, in the process, potentially increasing the value of gifu, to also control inflation and boost the confidence of you, our precious holders of swap.gifu, encourage holding, and many more to mention but few.
https://bscscan.com/tx/0xba66936e7d08e35bdd9219612ba3763ba7d7d8f746244785b089e68d2bf6b67c
So are you a founder of a project, community, group, or token and don't know how you can go about increasing your brand awareness and community engagement? If so, you need not to worry about that any more because we at Gifu are dedicated to helping you do just that at a very low cost compared to what others charged, so why not reach out to us and let's help you commission some GIFs that are personalized to your taste and brand, which will ultimately increase your community reach, create more brand awareness, and foster community engagement.
You can as well go ahead to read more details about the Gifu token, the tokenomy, and how to bridge your already owned Gifu token on BSC with the hive engine by clicking on this link.
Below are links to our official handler across all of our social media platforms, including our well-detailed white paper:
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Burn burn burn
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