10/18/21

Expiration & 0.1% Auto-Burn

NFT Expiration

Nothing lives forever.

Why should your services be any different?

Service NFTs survive as long as the creator deems necessary.

AdValorem allows creators to mint any expiration they desire for every NFT using intervals of 30, 60, 90, 180, 360 days or never.

Circumstances change.

We want our users to know that their “redemption promise” to their community can last as long as they see it necessary.

Users can set time limits for NFTS to expire, and when they do, buyers will see this token expire. They may comment or send a message to the creator to issue a new one, redeem it and/or burn this one.

This option depends on the creators assessment of their community needs.

0.1% Auto-Burn

Token supply is fixed at 200 Million VLR tokens.

Over time, this supply may be reduced through natural usage. Reducing this supply is necessary.

Every time the VLR token moves from Wallet to Wallet the transaction will be reduced by 0.1% and burned.

We hope this will stabilize the price over time.

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