Announcement on Suspension Mode
The FOMO project has entered a phased suspension mode. For details, please click to view.
I. Project Status Announcement
The FOMO project is currently in phased suspension (Pause Mode).
The core system and smart contracts have been fully developed and deployed.
Previously, the project was limited to internal testing only and had not been promoted in the public market.
Based on the current market environment and user growth conditions, the project team has decided to proactively enter suspension mode to ensure long-term stable development.
II. FOMO Token Handling Plan
Unreleased FOMO Tokens: 100% Permanent Burn
Covers all tokens that have not yet been distributed or entered circulation.
The burn will be executed in a single transaction, with on-chain transaction records that are publicly available and independently verifiable.
This ensures there will be no future token issuance or supplementary issuance mechanisms.
Released FOMO Tokens: Sustained Deflation, No Recovery or Zeroing
Tokens already in user addresses or the market will remain unchanged. The deflation will be automatically executed in strict accordance with the original smart contract burn logic (triggered by revenues from games, predictions, commissions, etc.). There will be no manual intervention or backend control.
III. Long-Term Model Adjustment for FOMO
FOMO will be transformed into a cross-project permanent deflationary token:
No new circulating supply will be added. The continuous burn mechanism will remain in effect long-term. A portion of the actual future revenues from other projects launched by the team will be used to repurchase FOMO tokens on the market. After repurchase, tokens will be prioritarily burned or entered into permanent lock-up (non-circulating).
FOMO100 will continue to publicly share progress updates. We thank the community for their support. For any inquiries, please feel free to contact us through official channels.