Article Summary, Automatically Generated By AI
Summary of Pesabase
- Tokenizing an existing company to reduce transaction fees
- Portion of transaction fee goes towards buying tokens, reducing supply and increasing price
- Marketing funds from tokens used to expand user base
- Targeting users of existing remittance platforms, offering a seamless and less expensive solution
- No specific numbers or figures mentioned
- No case studies, anecdotes, or examples provided
About Pesabase
Pesabase is a pioneering digital asset management platform that empowers users to navigate the complexities of the cryptocurrency market with confidence and ease.
By tokenizing an existing company, each time an individual remits funds to their loved ones, a portion of the transaction fee is allocated towards purchasing tokens, thereby reducing the supply and driving up the token’s value. Leveraging marketing funds generated from the token, our reach expands exponentially, attracting a larger user base. As more users are drawn in, the volume of remittances increases, resulting in a greater number of tokens being purchased, which in turn reduces the supply. We specifically target individuals who already utilize remittance platforms to send money back home, offering a seamless and cost-effective solution that revolutionizes their experience.