Huxford 'Backstabber' Paddley

Posted on Apr 08, 2023Read on Mirror.xyz

Arrland Ecosystem Launches Private B Round and $RUM Token Burn

Pirates of the Arrland team has recently announced the launch of its Private B round of fundraising. The round will be open to launchpads, private investors, and pirate owners, and the team is committed to finishing the pre-sale phase of fundraising as soon as possible.

To achieve this goal, Arrland Ecosystem has decided to implement the same rules for the Private B round as the previous rounds. This means that all the tokens that are not sold during the Private B round will be burned forever. The burning of tokens is a strategy aimed at decreasing the total supply of $RUM tokens, which will benefit the community and early investors in the long term.

The burning of $RUM tokens has already had a significant impact on the tokenomics structure of the Arrland Ecosystem. The total supply of $RUM tokens has been reduced from 300 million to 280 million, and the initial circulating supply will amount to 30,941,051 $RUM tokens. This reduction in supply could increase demand and potentially drive up the price of $RUM, while also increasing its perceived value among investors.

The initial market cap of $RUM following the token burn is estimated to be around $773,526.28. However, as with any cryptocurrency, the market cap of $RUM can fluctuate significantly based on market demand and other factors. The fully diluted market cap of $RUM, assuming that all tokens are in circulation, is estimated to be around $7,000,000.

If you're interested in learning more about the full $RUM tokenomics structure, you can find it inside the Arrland Ecosystem team's Pitchdeck. The team is dedicated to providing transparency and information to their community, and they encourage anyone with questions to reach out to them via [email protected].

In conclusion, the launch of the Private B round of fundraising and the burning of $RUM tokens are significant steps for the Arrland Ecosystem. These measures will help to decrease the total supply of $RUM tokens, increase demand and potentially drive up the price of $RUM. The Arrland Ecosystem team remains committed to providing transparency and information to their community, and they invite anyone interested in the project to reach out to them via email.

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