Talkado Coin ($TALK)

What is Talkado

Talkado is leveraging a recursive algorithm to incentivize coin holders, robust liquidity, and perennial charity contribution, which would be channeled towards combating climate change and humanitarian crises globally.
Its launch is exclusive to the Binance Smart Chain. The protocol reward Talkado holders with high-yield generation while increasing both liquidity and value. For each trade executed in the Talkado Smart Contract, Talkado functions occur instantaneously. These are Reflection, LP acquisition, Charity contribution, and crushing.
Deflationary crypto is a digital currency designed to reduce supply over time. The main goal of deflationary cryptocurrencies is to prevent the digital finance market from being flooded with digital assets over time while increasing the currency's value.
Therefore, deflationary cryptos have a positive impact on the digital currencies sector through such features as:
  • Profit maximization. The decrease in supply leads to an increase in demand for the crypto assets, which drives up the coins' value.
  • Fixed supply. Instead of flooding the market, the deflationary mechanism is designed to remove coins from circulation. If coins are issued incorrectly, the only way to fix the mistake would be to burn the access coins and only keep the required number of coins.

To create a deflationary coin we will crush supply which helps us to:

  • Increase MarketCap by lowering circulation supply.
  • Price X Circulating Supply = MarketCap
  • The less supply, the higher the price your Talkado Coin is worth.
While we don't have a specific amount that we will crush, we will periodically do this to keep the coin deflationary.
Talkado Maximum Supply: 200,000,000
Unlike other reward coins that have the power to mint new coins, Talkado can never do this, so there is a limited supply. With each burn, the coin becomes increasingly scarce and more valuable over time.
Talkado as an autonomous yield and liquidity generation protocol is geared at directly rewarding its holders and, at the same time, increasing liquidity.
This is funded by a total of 13% buy and sell tax taken from every transaction on the smart contract.
Talkado hopes to explore this avenue for its stakeholders by availing the opportunity for holders to purchase and hold their coins while adopting strategies that will invariably increase the value of the coin.
In order to support the coin's continuous growth and constantly funds the support of the fight against climate change and humanitarian disaster globally, we decided to create the Talkado NFT marketplace, Talkado Hall of Fame and the Talkado NFTs to kick start the marketplace.
Talkado - TALK
TALK is the native currency of the Talkado ecosystem. The Talkado coin tracker is called TALK. The Talkado Coin provides a platform for providing funding for NGOs involved in the fight against climate change and humanitarian crises globally. Talkado is embedded with an algorithm that allows automated taxation to be placed on every transaction that takes place on the Smart Contract. 2% on BUY Tax and 11% on SELL Tax. Please visit the Tax Fees session for detailed information.