Is there a maximum supply cap for GamerCoin (GHX) coins?

GamerCoin's maximum supply cap of 100 million ensures its value by limiting inflation and creating scarcity.

Jan 08, 2025 at 08:07 am

Key Points:

• GamerCoin (GHX) has a maximum supply cap of 100,000,000 coins
• The supply cap limits the number of GHX coins that can ever be created
• GHX is a decentralized cryptocurrency built on the Ethereum blockchain
• GHX is used to reward gamers for participating in games and tournaments
• The maximum supply cap ensures that GHX remains valuable and prevents inflation

GamerCoin (GHX) Maximum Supply Cap

GamerCoin (GHX) has a maximum supply cap of 100,000,000 coins. This means that there will never be more than 100 million GHX coins in circulation. The supply cap is a critical factor in determining the value of a cryptocurrency. A limited supply means that the coin is more likely to appreciate in value as demand increases.

Importance of a Supply Cap

A supply cap is important for several reasons. First, it limits the amount of inflation that can occur in the cryptocurrency. Inflation occurs when the supply of a currency increases, which decreases the value of each individual coin. A supply cap prevents inflation by ensuring that the supply of GHX coins remains fixed.

Second, a supply cap can help to increase the value of a cryptocurrency. When the supply of a coin is limited, it becomes more valuable as demand increases. This is because investors are willing to pay more for a coin that is scarce.

Third, a supply cap can help to create a sense of scarcity around a cryptocurrency. Scarcity can be a powerful marketing tool, as it can drive up demand and increase the price of the coin.

How the GamerCoin Supply Cap is Enforced

The GamerCoin supply cap is enforced by the GHX protocol. The protocol is a set of rules that govern the creation and distribution of GHX coins. The protocol ensures that the total number of GHX coins in circulation never exceeds 100,000,000.

Conclusion

The GamerCoin supply cap is a critical factor in determining the value of the coin. The cap limits the supply of GHX coins, which increases their value and prevents inflation. The cap is enforced by the GHX protocol, which ensures that the total number of GHX coins in circulation never exceeds 100,000,000.

FAQs

Q: What is the total supply of GamerCoin (GHX)?
A: The total supply of GamerCoin (GHX) is 100,000,000 coins.

Q: What is the purpose of the GamerCoin supply cap?
A: The purpose of the GamerCoin supply cap is to limit the number of GHX coins that can ever be created, which helps to increase the value of the coin and prevents inflation.

Q: How is the GamerCoin supply cap enforced?
A: The GamerCoin supply cap is enforced by the GHX protocol, which is a set of rules that govern the creation and distribution of GHX coins.