DeepBrainChain Transformational “Destruction Plan”: Empowering Miners and Investors”

DeepBrainChain
2 min readSep 14, 2023

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At DeepBrainChain, we are proud to announce a momentous development that is poised to reshape the future of our ecosystem: the “Destruction Plan.” This transformative initiative, championed by Director Yong, has received resounding approval from the DBC Council, marking a significant milestone in the evolution of DeepBrainChain (DBC). The “Destruction Plan” holds the promise of delivering substantial benefits to our miners, investors, and the entire DBC community.

Accelerating the Path to Transformation

With the enthusiastic endorsement of the DBC Council, we are fast-tracking the implementation of the “Destruction Plan,” ushering in a new era for DBC. The impending fast referendum is the last step before official destruction begins.

Unpacking the “Destruction Plan”

This innovative plan features a tiered structure, meticulously designed to strike a balance between rental fees, mining rewards, and subsidy allocation. Here’s a comprehensive breakdown:

Tier 1: 1 to 4,999 Cards

We are embarking on a bold journey by destroying a substantial 30% of rental fees for cards in this category.

Miners who possess cards in this tier will enjoy the dual advantage of mining rewards and a generous 70% rental subsidy, positioning them for significant profitability.

Tier 2: 5,000 to 9,999 Cards

In this segment, a substantial 70% of rental fees are earmarked for destruction.

Miners within this category will continue to receive mining rewards along with a 30% rental subsidy, offering a compelling incentive for active participation.

Tier 3: 10,000 Cards

Representing the most radical tier, all rental fees for the exclusive 10,000 cards in this category will be entirely annihilated.

Miners in this select group will rely exclusively on mining rewards for their income, emphasizing our commitment to nurturing a robust and self-sustaining mining ecosystem.

The Galaxy Competition: Igniting Progress

As an additional catalyst for growth and community involvement, we are thrilled to introduce the “Galaxy Competition,” designed exclusively for holders of 5,000 cards. This exciting competition promises to invigorate community engagement, energize mining activities, and foster a competitive yet cooperative spirit among miners.

A Paradigm Shift for DBC

The “Destruction Plan” signifies a pivotal shift for DeepBrainChain. By systematically reducing the circulating supply of DBC tokens, our aim is to create scarcity, stimulate demand, and lay the foundation for potential token appreciation. This initiative stands to benefit not only our miners but also our valued investors, charting a promising course for all stakeholders.

What Lies Ahead for DBC?

As we embark on this transformative journey, DeepBrainChain’s commitment to ensuring the sustainability and growth of our ecosystem has never been stronger. As the referendum progresses and the “Destruction Plan” takes effect, all eyes are on DBC’s future trajectory. It is a testament to DBC’s adaptability, innovation, and unwavering dedication to providing value within the ever-evolving blockchain landscape.

Stay tuned for further updates as DeepBrainChain continues to lead the way with pioneering initiatives that redefine the blockchain industry and empower our community.

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DeepBrainChain
DeepBrainChain

Written by DeepBrainChain

DeepBrain Chain-building the most important computing infrastructure in the era of AI + Metaverse