Jan 28th, 2024 at 17:00
āļø ATTENTION: The first halving in OGCommunity! What is it and where will it lead to in the future?
What's up, OGs? The first 100 000 000 OGC tokens out of 1 billion have been grabbed! What does that mean?
š Our first halving happened today!
Previously, you were earning 25 OGC every day for GRAB. Now your daily earnings will drop to 12.5 OGC. But why isn't this sad news?
ā To figure out why this is a positive thing let's remember what halving is.
Halving in Web3 is a process where the mining of a token is reduced by a factor of 2 (from the word half). In OGCommunity halving occurs every 100,000,000 OGC Tokens mined. Or half a year from the previous halving.
Halving is necessary for three reasons: ā”ļø Cryptocurrency inflation management ā”ļø Stimulation the price of cryptocurrency to increase ā”ļø Impact on community activity and project stability
Read more about halving in OGCommunity in our article.
š„ As you can see the system in OGCommunity rewards those who have joined us before!
So if you are not with us yet, join the most influential community in the world of gaming and cybersports. And don't forget to grab 12.5 OGC every day, because the next halving is just around the corner!
š¤ Invite all of your friends to the OGCommunity so they won't regret not joining earlier. Read more about our referral program here.
š Thank you, OGs! Let's get the influence in gaming!