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Notcoin has revoked the token rights The token rights have be | AltChrono News

Notcoin has revoked the token rights

The token rights have been revoked, and now the issuance cannot be increased. The token's name and its image cannot be changed.

The project has now become decentralized. Sasha "Notcoin" can no longer mint more coins, change the code, or take NOT from you. The only thing that can be done now is burning coins, which will lead to a deflationary scenario. However, this burning will not cause a sharp rise. Burning is a long-term growth strategy. Notcoins have become limited after the "clicker" was closed, and now they are decreasing in number every day.

What does token rights revocation mean?

The token no longer has an owner, and the rights to it cannot be restored.

• The token's name cannot be changed.
• The logo will also remain forever.
• The maximum supply of coins is fixed. Issuance cannot be increased. Now only burning and reducing the total supply are possible. The deflationary model will work fully.

This is always good for the token and its overall development.