Original archived Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token
Scraped on 24/07/2025, 05:11:45 UTC
If you're talking about waiting for an actual price surge to happen during the current situation, then that should mean that Shuffle should have a banner year for consecutive years so that the buy backs also increase, no?
Shuffle is doing very well considering that it's a new casino trying to take its share of the crypto gambling market. Give it time. Casinos, as well as exchanges, are the most profitable businesses in crypto. There's more opportunities to grow.
Burn is burn but it needs money to buy back and burn and
sometimes it is like money wasting strategy. Effects can be strong at some times but in most of times, buy back and burn don't show clear and strong effects. Any company that decides to use their business revenue for buy back and burn programs truly show their strong dedication on development of that token project. This contributes to trust of community in the token and the casino but it does not guarantee that token price will soar considerably.
Effects take time to be shown and perhaps don't show even after a long time that can make a lot of investors feel boring and impatient.
I understand your viewpoint on the matter. It's probably better to buy back those tokens and place them in a multi-sig wallet and form some sort of proposals and voting system for SHFL holders to help decide what to do with the tokens that were bought back, no?
It would probably also function as a community-building mechanism as well.