Gabby World has live-streamed token destruction for the fourth consecutive week, with a total of 26% of the circulating supply destroyed

AIGC blockchain game Gabby World has live-streamed the destruction of inflation tokens at the community weekly meeting for the fourth consecutive week. Currently, a total of about 26,000 additional tokens have been destroyed, accounting for about 26% of the total circulation. It is reported that Gabby World's token $GABBY was quietly launched on DEX at the end of October with an ultra-low market value of $10k, similar to meme coins. As of press time, it has risen to $600k, and after the announcement of the financing notice yesterday, it briefly surged to $1.45m. Gabby World pioneered the "fair release" token economic model, replacing the traditional VC coin release model of unlocking by time with demand-driven unlocking, and promoted the solution to the VC coin dilemma of "low circulation and high FDV".