Launching the ChainGPT Burn Dashboard: Track $CGPT's Deflationary Burns in Real-Time

ChainGPT stands as a pioneering force in the crypto industry, offering a collection of AI-powered solutions that revolutionize blockchain applications, smart contract auditing, and AI-driven market analysis amongst many others. In its latest stride toward enhancing platform transparency and user engagement, ChainGPT reveals the innovative Burn Dashboard. This tool is designed to offer users real-time insights into the deflationary mechanisms at play within the platform's native token, $CGPT, showcasing comprehensive details on past burns, ongoing activities, and the transaction hashes for each event. This visibility empowers users, allowing them to track their direct contributions to the $CGPT ecosystem.

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Understanding $CGPT's Deflationary Nature‍

$CGPT is engineered as a deflationary token, its supply meticulously curated to diminish over time. ChainGPT employs strategic token burns to achieve this, effectively creating scarcity and strengthening the token's value potential.

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Key Burning Mechanisms in Action

The Burn Dashboard shines a light on several key mechanisms that sustain $CGPT's deflationary model:

Prompt Marketplace: Every transaction involving prompts designed for the ChainGPT AI NFT Generator directly contributes to the deflationary nature of $CGPT. With 100% of fees dedicated to buy-backs and burns, your participation actively strengthens the value of the token.

ChainGPT AI Tools: Every time you use a premium feature in one of the ChainGPT AI tools, you contribute to the burning of $CGPT. To ensure accessibility and flexibility, we convert 50% of all credit purchases (regardless of whether you pay with cryptocurrency, credit/debit cards, or directly with $CGPT) into a stablecoin and use it to buy $CGPT tokens for subsequent burning.

AI NFT Generator: 50% of the proceeds derived from the AI-NFT Generator are utilized for buy-backs and subsequent burning of $CGPT tokens. This percentage reflects a significant commitment to reducing token supply while supporting the development of unique digital assets.

ChainGPT Pad: For the ChainGPT Pad, a portion of IDO raises dedicated to $CGPT buy-back and burn is 1%. This small percentage can still represent a substantial amount due to the scale of funds typically raised during IDOs.

NFT Collection Sales: 20% of revenue generated from NFT collection sales is allocated towards the buy-back and burning of $CGPT. This rate balances revenue generation with token deflation, supporting both the platform's growth and token value appreciation.

Whitelabel Solutions: 10% of revenue from Whitelabel Solutions is used to buy back and burn $CGPT tokens. This percentage showcases a commitment to leveraging B2B revenue streams to support the token's deflationary model.

These diverse burning mechanisms work in tandem to consistently reduce the supply of $CGPT. From marketplace fees and AI tool usage to NFT sales and launchpad activities, ChainGPT's growth directly fuels this deflationary model.

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Transparency and Community Empowerment

The ChainGPT Burn Dashboard exemplifies the platform's commitment to transparency, enabling users to visualize their impact on the token's deflationary trajectory through a user-friendly interface. Graphs and charts illustrate the burn activities, making the data accessible to all users, regardless of their familiarity with crypto analytics.

This dashboard allows users to track burn contributions and rewards them for their active participation. Using $CGPT tokens for purchases or automatic renewals secures a 15% discount, fostering a deeper connection between the platform and its community.

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Staking $CGPT: High Demand for IDO Participation and AI Tool Access‍

ChainGPT incentivizes staking $CGPT tokens, linking it to exclusive access to high-demand IDOs and Freemium AI Tools. This strategy highlights the token's deflationary design and amplifies its utility and appeal within the ecosystem.

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$CGPT's Surging Demand and Growth‍

The strategic burning mechanisms and the platform's expanding suite of services have propelled $CGPT recently to a new all-time (ATH) high in price. The token's recent performance, marking a 146% price increase in the last month, reflects the market's growing confidence in ChainGPT's innovative approach and solid value proposition.

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The Future of $CGPT and the Burn Dashboard‍

Looking ahead, ChainGPT remains dedicated to evolving its ecosystem with user-centric features, including planned enhancements for the Burn Dashboard. Anticipated updates aim to enrich the user experience and engagement, ensuring the dashboard remains an invaluable tool for tracking the deflationary dynamics of $CGPT.

The Burn Dashboard, alongside ChainGPT's suite of AI-powered tools and platforms, positions $CGPT for sustained success in the dynamic cryptocurrency landscape. With a steadfast commitment to innovation, strategic token burn mechanisms, and community-driven development, ChainGPT is set to continue its trajectory as a leading force in the Web3 domain.

Check Out the Live Dashboard

https://app.chaingpt.org/burndashboard

About ChainGPT

ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing, advanced Web3 AI chatbot, AI-powered news aggregation, AI Trading Assistant, Cross-Chain Swap, and AI NFT Generator, ChainGPT is the most sophisticated, end-to-end AI solution on the market.

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About ChainGPT Pad

Renowned for its exceptional IDO services, it has earned widespread recognition in the crypto industry. Awarded the title of the most popular launchpad in 2023 and recently ranked as the 'Top IDO Launchpad by Average ROI' in January, ChainGPT Pad has quickly solidified its position as a leader in the space. Its success lies in its outstanding mentorship and unwavering support that extends far beyond initial token launches.

To learn more about ChainGPT AI Tools, we invite you to visit the ChainGPT use-case page.