The Charizard Token is a deflationary cryptocurrency, a 5% tax is applied to each transaction made using CHZ006.
Each time a transaction takes place with CHZ006, 2% of that transaction is removed (i.e. "burned") from the total supply. This means that every time a transaction is made using CHZ006, the value of all circulating CHZ006 will be increased, simultaneously decreasing the supply. We also offer something called “instant staking”, which basically rewards all holders. 3% of the transaction will get distributed to all CHZ006 holders. No need to stake or lock up your tokens anywhere to receive these rewards. This will result in an incentive to spread the use of CHZ006 as much as possible.
We're creating an ecosystem of Pokémon NFTs. We will be creating multiple NFTs for all original 151 Pokémon. People will be able to buy and sell them using CHZ006. Not only will people be able to collect these NFTs, but also trade them like Pokémon cards and fight other people for CHZ006 which will cause more tokens to be burned and distributed. We’ll also be working on a platform where these NFTs can be bought, sold, traded, and ultimately used to fight other holders.
