
Token Burning vs Token Minting: Which Drives Crypto Value?
What are token burning and token minting in NFTs, and why do they matter? Tokenomics Debate Minting and burning of tokens are akin to the yin the yang of cryptoeconomics. Tokens are removed out of circulation (burning) and another creates minting new tokens (minting). Both drastically impact demand, supply, and, ultimately, the price. These aren’t…