{"id":25782,"date":"2023-01-28T21:01:00","date_gmt":"2023-01-28T20:01:00","guid":{"rendered":"https:\/\/www.kryptoakademie24.de\/?p=25782"},"modified":"2023-08-18T15:33:08","modified_gmt":"2023-08-18T13:33:08","slug":"burning-wallet","status":"publish","type":"post","link":"https:\/\/www.kryptoakademie24.de\/en\/glossar\/burning-wallet.html","title":{"rendered":"The Burning Wallet"},"content":{"rendered":"<div class=\"shariff shariff-align-flex-start shariff-widget-align-flex-start\"><ul class=\"shariff-buttons theme-default orientation-horizontal buttonsize-medium\"><li class=\"shariff-button mastodon shariff-nocustomcolor\" style=\"background-color:#563ACC\"><a href=\"https:\/\/s2f.kytta.dev\/?text=Die%20Burning%20Wallet https%3A%2F%2Fwww.kryptoakademie24.de%2Fen%2Fglossar%2Fburning-wallet.html\" title=\"Share at Mastodon\" aria-label=\"Share at Mastodon\" role=\"button\" rel=\"noopener nofollow\" class=\"shariff-link\" style=\"; background-color:#6364FF; color:#fff\" target=\"_blank\"><span class=\"shariff-icon\" style=\"\"><svg width=\"75\" height=\"79\" viewbox=\"0 0 75 79\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M37.813-.025C32.462-.058 27.114.13 21.79.598c-8.544.621-17.214 5.58-20.203 13.931C-1.12 23.318.408 32.622.465 41.65c.375 7.316.943 14.78 3.392 21.73 4.365 9.465 14.781 14.537 24.782 15.385 7.64.698 15.761-.213 22.517-4.026a54.1 54.1 0 0 0 .01-6.232c-6.855 1.316-14.101 2.609-21.049 1.074-3.883-.88-6.876-4.237-7.25-8.215-1.53-3.988 3.78-.43 5.584-.883 9.048 1.224 18.282.776 27.303-.462 7.044-.837 14.26-4.788 16.65-11.833 2.263-6.135 1.215-12.79 1.698-19.177.06-3.84.09-7.692-.262-11.52C72.596 7.844 63.223.981 53.834.684a219.453 219.453 0 0 0-16.022-.71zm11.294 12.882c5.5-.067 10.801 4.143 11.67 9.653.338 1.48.471 3 .471 4.515v21.088h-8.357c-.07-7.588.153-15.182-.131-22.765-.587-4.368-7.04-5.747-9.672-2.397-2.422 3.04-1.47 7.155-1.67 10.735v6.392h-8.307c-.146-4.996.359-10.045-.404-15.002-1.108-4.218-7.809-5.565-10.094-1.666-1.685 3.046-.712 6.634-.976 9.936v14.767h-8.354c.109-8.165-.238-16.344.215-24.5.674-5.346 5.095-10.389 10.676-10.627 4.902-.739 10.103 2.038 12.053 6.631.375 1.435 1.76 1.932 1.994.084 1.844-3.704 5.501-6.739 9.785-6.771.367-.044.735-.068 1.101-.073z\"\/><defs><lineargradient id=\"paint0_linear_549_34\" x1=\"37.0692\" y1=\"0\" x2=\"37.0692\" y2=\"79\" gradientunits=\"userSpaceOnUse\"><stop stop-color=\"#6364FF\"\/><stop offset=\"1\" stop-color=\"#563ACC\"\/><\/lineargradient><\/defs><\/svg><\/span><span class=\"shariff-text\">share<\/span>&nbsp;<\/a><\/li><li class=\"shariff-button facebook shariff-nocustomcolor\" style=\"background-color:#4273c8\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.kryptoakademie24.de%2Fen%2Fglossar%2Fburning-wallet.html\" title=\"Share on Facebook\" aria-label=\"Share on Facebook\" role=\"button\" rel=\"nofollow\" class=\"shariff-link\" style=\"; background-color:#3b5998; color:#fff\" target=\"_blank\"><span class=\"shariff-icon\" style=\"\"><svg width=\"32px\" height=\"20px\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 18 32\"><path fill=\"#3b5998\" d=\"M17.1 0.2v4.7h-2.8q-1.5 0-2.1 0.6t-0.5 1.9v3.4h5.2l-0.7 5.3h-4.5v13.6h-5.5v-13.6h-4.5v-5.3h4.5v-3.9q0-3.3 1.9-5.2t5-1.8q2.6 0 4.1 0.2z\"\/><\/svg><\/span><span class=\"shariff-text\">share<\/span>&nbsp;<\/a><\/li><li class=\"shariff-button linkedin shariff-nocustomcolor\" style=\"background-color:#1488bf\"><a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fwww.kryptoakademie24.de%2Fen%2Fglossar%2Fburning-wallet.html\" title=\"Share on LinkedIn\" aria-label=\"Share on LinkedIn\" role=\"button\" rel=\"noopener nofollow\" class=\"shariff-link\" style=\"; background-color:#0077b5; color:#fff\" target=\"_blank\"><span class=\"shariff-icon\" style=\"\"><svg width=\"32px\" height=\"20px\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 27 32\"><path fill=\"#0077b5\" d=\"M6.2 11.2v17.7h-5.9v-17.7h5.9zM6.6 5.7q0 1.3-0.9 2.2t-2.4 0.9h0q-1.5 0-2.4-0.9t-0.9-2.2 0.9-2.2 2.4-0.9 2.4 0.9 0.9 2.2zM27.4 18.7v10.1h-5.9v-9.5q0-1.9-0.7-2.9t-2.3-1.1q-1.1 0-1.9 0.6t-1.2 1.5q-0.2 0.5-0.2 1.4v9.9h-5.9q0-7.1 0-11.6t0-5.3l0-0.9h5.9v2.6h0q0.4-0.6 0.7-1t1-0.9 1.6-0.8 2-0.3q3 0 4.9 2t1.9 6z\"\/><\/svg><\/span><span class=\"shariff-text\">Share<\/span>&nbsp;<\/a><\/li><li class=\"shariff-button info shariff-nocustomcolor\" style=\"background-color:#eee\"><a href=\"https:\/\/www.kryptoakademie24.de\/en\/whitepaper\/\" title=\"Whitepaper\" aria-label=\"Whitepaper\" role=\"button\" rel=\"noopener \" class=\"shariff-link\" style=\"; background-color:#fff; color:#fff\" target=\"_blank\"><span class=\"shariff-icon\" style=\"\"><svg width=\"32px\" height=\"20px\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 11 32\"><path fill=\"#999\" d=\"M11.4 24v2.3q0 0.5-0.3 0.8t-0.8 0.4h-9.1q-0.5 0-0.8-0.4t-0.4-0.8v-2.3q0-0.5 0.4-0.8t0.8-0.4h1.1v-6.8h-1.1q-0.5 0-0.8-0.4t-0.4-0.8v-2.3q0-0.5 0.4-0.8t0.8-0.4h6.8q0.5 0 0.8 0.4t0.4 0.8v10.3h1.1q0.5 0 0.8 0.4t0.3 0.8zM9.2 3.4v3.4q0 0.5-0.4 0.8t-0.8 0.4h-4.6q-0.4 0-0.8-0.4t-0.4-0.8v-3.4q0-0.4 0.4-0.8t0.8-0.4h4.6q0.5 0 0.8 0.4t0.4 0.8z\"\/><\/svg><\/span><\/a><\/li><\/ul><\/div><blockquote>\n<h4><span style=\"font-size: 13pt;\"><strong>Burning Wallet released!<\/strong><\/span><\/h4>\n<\/blockquote>\n<p>The CREO ICO process now has its own burning strategy. We have optimized the CoinMap with another important ingredient and publicly linked the Burning Wallet. A certain portion of airdrops and $CREOS from the partner program will be excluded from the circulation and coin supply after the presale phase and transferred to the specially created wallet. This deflation and the reduction of CREO coins in circulation will increase the pressure on the price and reward all CREO coin holders. We have linked the Burning Wallet via Opensea profile<br \/>\n<strong>\u2b50\u00a0 <a href=\"https:\/\/opensea.io\/creosburnwallet\">Public Burning Wallet <\/a><\/strong><\/p>\n<hr \/>\n<blockquote>\n<h4><span style=\"font-size: 13pt;\"><strong>What is a Burning Wallet?<\/strong><\/span><\/h4>\n<\/blockquote>\n<p>Initial Coin Offerings (ICOs) are a popular way for start-ups to raise funding by selling digital tokens to investors. One practice that is becoming increasingly important in many ICOs is \"burning\".<\/p>\n<p>Burning involves making a certain number of tokens unusable from the total quantity in circulation. This can be done in various ways, e.g. by simply removing tokens from the supply, by invalidating them or by restricting them so that they can no longer be traded.<\/p>\n<p>Burning tokens has several advantages for investors and companies. One of the most important benefits is that it increases the overall demand for the remaining tokens as there are fewer tokens in circulation. This can cause the value of the remaining tokens to increase, which is an attractive scenario for investors.<\/p>\n<p>Another advantage of burning is that it allows companies to reduce their financing costs as they need to spend fewer tokens to obtain the same amount of capital. This can help companies to be successful in the longer term as they are not as dependent on the fluctuations of the cryptocurrency markets.<\/p>\n<p>One disadvantage of burning can be that it can be disappointing for some investors if they hold tokens that are suddenly rendered unusable. It is therefore important that companies are transparent about their burning plans so that investors can inform themselves accordingly and make their decisions.<\/p>\n<p>Overall, burning is a practice that is gaining traction in many ICOs and can benefit both investors and companies. However, it is important that companies are transparent about their burning plans so that investors can make their decisions<\/p>","protected":false},"excerpt":{"rendered":"<p>Burning wallet released! The CREO ICO process now has its own burning strategy. We have expanded the CoinMap with a<\/p>","protected":false},"author":1,"featured_media":25788,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[151],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/posts\/25782"}],"collection":[{"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/comments?post=25782"}],"version-history":[{"count":2,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/posts\/25782\/revisions"}],"predecessor-version":[{"id":25797,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/posts\/25782\/revisions\/25797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/media\/25788"}],"wp:attachment":[{"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/media?parent=25782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/categories?post=25782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kryptoakademie24.de\/en\/wp-json\/wp\/v2\/tags?post=25782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}