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Avive Token Halving
News

Avive Token Halving: Major Tokenomics Change

COA
December 24, 2023 2 Mins Read
0 Comments

Avive, a universal basic income project based on the Proof of Networking Protocol, is undergoing a major change in its tokenomics. The Avive  token halving event will reduce the mining rewards for AVIVE tokens by 50% every six months until the total supply is reached. The halving event is expected to create a scarcity effect and increase the value of AVIVE tokens, which is currently trading on OKX, a leading cryptocurrency exchange.

Avive Token Halving

Avive Token Halving

As part of the halving event, Avive has also temporarily suspended the Soul Power boost. Additionally, Avive is preparing to launch its staking feature, which will allow users to lock up their AVIVE tokens and earn passive income. Staking will also enhance the security and decentralization of the Avive network, as well as provide users with more influence and governance rights.

Avive is a pioneer in the DePin revolution, which aims to create a decentralized and inclusive social network that empowers users with digital identity, reputation, and income. Avive leverages geosocial verification to ensure humanhood and fairness, and offers users a variety of ways to interact and earn AVIVE tokens, such as creating and sharing content, playing games, and joining communities.

Avive has achieved remarkable success since its launch, with millions of users worldwide. Avive has also consistently ranked as the top app on Google Play and the App Store for downloads in several countries.

According to the tweet

#Avive Halving LIVE!

Exciting developments from the world of #Avive+#DePin+#UBI! Our halving event is currently in progress, and here are the details:

Soul Power Boost Temporarily Suspended: The Soul Power boost for Genesis Holders and other event participants has been put on… pic.twitter.com/p4mfgHvxFT

— Avive World (@Avive_World) December 24, 2023

The halving event is just the tip of the iceberg for Avive, as the project plans to introduce more features and innovations in the near future. Users can stay tuned for further updates by following Avive on social media and joining its Telegram group.

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