💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Recently, there have been frequent reports of "token burning" in the crypto assets market, but what is the actual effect of these so-called burning actions? Taking DOGE as an example, its burning actions actually just consume inventory and do not truly lead to deflation. This practice has instead been used by some project parties as a means to attract new users, such as giving away tokens or engaging in charitable activities.
What is more concerning is that the token distribution of certain Crypto Assets is extremely centralized. It is reported that some project party founders personally hold more than 60% of the total circulating Token supply. This highly centralized Token distribution model has raised questions in the market about fairness and the essence of decentralization.
In contrast, some exchanges adopt the practice of directly purchasing tokens from the market for token burning, which may have a greater impact on the actual supply of the tokens. However, regardless of the method of token burning used, investors should carefully assess its actual impact on the value of the tokens and the development of the project.
In the crypto assets ecosystem, true value should come from technological innovation and real-world applications, rather than short-term marketing tactics. Investors participating in related projects need to have a comprehensive understanding of the token economic model, team background, and long-term development plans, and should not be misled by superficial numerical games.