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Perpetuum Coin is a hyper-deflationary token with a retroactive mining crypto effect
Perpetuum utilizes a novel approach to facilitate the rapid scalability of existing Bitcoin and Ethereum mining operations. By offering a native token with a finite and fixed supply and using proceeds derived from mining activity to buy back and burn said token, Perpetuum creates a mutually beneficial value add for initial investors, long-term holders, and mining operations. Currently, miners face difficulty in securing funding for operational expansion for a diverse range of reasons. Perpetuum affords these operations the ability to access latent capital by contributing a percentage amount of their mining proceeds to reduce the issued token’s supply.
The ability for miners to secure immediate investment via the Perpetuum token’s issuance allows them to capitalize on future revenue and expand operations dynamically immediately. Additionally, the accounting configurations available to this tangible component of the cryptocurrency industry entail a beneficial capital allocation structure regarding depreciation. By connecting miners with the capital required to scale dynamically, Perpetuum removes the friction currently associated with expanding operations
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