SPORE Value
What Is Token Burning?โ
Token burning removes SPORE from circulation permanently. When 10% of revenue is used to buy and destroy SPORE tokens, the total supply shrinks. With fewer tokens available and stable demand, each remaining SPORE becomes more valuable.
Simple Example: How It Worksโ
Starting point:
- Total SPORE: 10 billion tokens
- Price: USD 0.01 per SPORE
- Market cap: USD 100 million
What happens:
- User pays USD 1.20 for compute rental
- 10% (USD 0.12) is used to buy SPORE at market price
- At USD 0.01 per token, this buys 12 SPORE
- These 12 tokens are permanently destroyed
- Supply drops to 9,999,999,988 SPORE
- Each remaining token represents a slightly larger share of the network
Result: With fewer tokens but same demand, price rises over time.
Why Burning Increases Valueโ
The simple math:
Price = Market Demand รท Available Supply
Without burning:
- Supply stays at 10 billion
- Demand grows as users adopt
- Price rises slowly
With burning:
- Supply shrinks (10 โ 6 โ 4 billion)
- Demand grows as users adopt
- Price rises much faster (compounding effect)
Why SPORE Price Will Increaseโ
Fixed Price Till June 30, 2026: USD 0.01 per SPORE
After June 30, 2026: SPORE price floats based on market demand.
Why it will likely increase:
- Burning reduces supply: 10% of all revenue burns SPORE, shrinking total supply
- Demand increases: As more users adopt Project Mycelium, demand for SPORE grows
- Economics: Fewer tokens + more demand = higher price
Example over 4 years:
- Starting price: USD 0.01/SPORE
- USD 1 billion in cumulative revenue
- 10% burned = 1 billion SPORE removed from 10 billion supply
- Remaining supply: 9 billion SPORE (90% of original)
- If demand stays constant: Price rises to ~USD 0.011 per SPORE
- If demand grows 10x: Price could reach USD 0.10+ per SPORE
Benefit: Mycelium Hosts holding SPORE benefit from this appreciation.