SpyritCoin | A Hold, Earn and Spend Cryptocurrency

 

SpyritCoin is a deflationary utility token built on the Polygon network. The Spyrit system consists of two economic protocols; Reoccurring Tax Back to Investors and Liquidity Acquisition. The first protocol, Reoccurring Tax Back to Investors (RBTI) ensures that for every 20,000 SpyritCoin minted and puts back in circulation as an investor reward, one SpyritCoin will be destroyed and removed from circulation forever. This assures deflationary rewards to investors while preserving a healthy amount of utility tokens in the circulating supply. For example, should Spyrit coin never reach 50k users in the next coming years and there is no large capital influx into its system, it will still always have a demand level of 20,000x the existing circulating supply due to its RBTI feature.

SpyritCoin (SPX) is a new type of utility token built with two means of economic protocols: Tax Back to Investors and Liquidity Acquisition. We will issue a portion of SpyritCoin to investors advisors and users that use the Spyrit platform for their demand. The Spyrit network rewards users for continuous use of the platform, which distributes SpyritCoin between the users and investors. Our mission is to build a global economy based on existing debt-backed cryptocurrency tokens such as Bitcoin. This would result in real growth of an existing economic tool that millions have already embraced, which creates more investment opportunities for more people all around the world, since even small amounts of cryptocurrencies can make a big difference to every individual's wealth.

Spyrit is a deflationary utility token built on the Polygon network. It's backed by real work and distributed across multiple industries and markets. Each SpyritCoin represents a percentage of economic value related to the network growth of Polygon and it's subsidiary businesses.

SpyrtCoin is a deflationary utility token built on the blockchain. Holders of SPYR tokens are entitled to receive 10% of all profits generated by the entire Polygon network. Tokens can also be used to purchase goods, services and other types of digital assets on the Polygon Network.

SpyritCoin takes a different approach to crypto-tokens. The Spyrit Foundation is built on the belief that it is the ability to invest and make money on future growth while giving back to the community at the same time, which we call the "Spyrit Cycle". SpyritCoin's original goal was to offer a deflationary utility token in hopes of providing stability for its investors.

The Polymath: Spyrit; a cryptocurrency developed to create a unique Crypto-Investment Platform. The Spyrit Blockchain delivers utility to everyone with Community Sentiment Control to combat volatility in the market and integrated RSB (Recurring Stability Bonus) that helps investors keep their profits from volatility.

SpyrtCoin is the world's first cryptocurrency with a revolutionary new economic model. Based on CVCs, or Crypto Venture Capability, it erases the need for ICOs, IPOs, and VCs by putting investors back in control of how their money is used. SpyritCoin enables companies to reroute capital towards their highest chance of success, rather than top payable industry models designed to exploit cryptocurrency values and stifle growth.

For More Information :

Website: https://spyritcoin.io/

Whitepaper: https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf

Github: https://github.com/spyritcoin

Discord: https://discord.com/invite/xzyeMr3Rbb

Telegram: https://t.me/spyritcoin

Twitter: https://twitter.com/spyritcoin

Author: 

Btt Username: jennever charlotte

Btt Profile Link: https://bitcointalk.org/index.php?action=profile;u=3380232

BSC Wallet: 0x1F3556239A787F60671453Ab86bB2301Cfe1d60D

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