Okay, here are a few key facts about The Big Red cryptocurrency project, based on the provided text:
- Hybrid Asset: The Big Red ($TD) combines traditional harness racing with blockchain technology.
- AVAX Chain: It’s built on the Avalanche (AVAX) chain.
- Race-Backed Tokens: Race earnings are used to buy back $TD tokens, creating a deflationary token model.
- NFT Integration: NFT holders receive rewards from race winnings and benefit from the value of the racing stable.
- Transparent Platform: A dApp provides a transparent way to track races, payouts, and staking rewards.
- Deflationary Mechanism: A burnt contract mechanism reduces the token supply.
- DAO Governance: Token holders have voting rights on key decisions, including expansion and upgrades.
Would you like me to elaborate on any of these facts, or perhaps summarize a specific aspect of the project?
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Image model: TurboVisionXL
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