Nuco.cloud has announced a buy-back and burn initiative for its native token, $NCDT, set to begin in 2025. This new initiative aims to use a portion of cloud computing revenue and profits to buy back and burn $NCDT, reducing its supply and adding value for holders within the Nuco.cloud community. According to the team, the strategy will follow a phased approach, starting with a percentage of revenue and moving to profits over time.
Details of the Buy-Back and Burn Phases
The initiative will unfold in phases:
- 2025: Nuco.cloud plans to allocate 20% of all cloud computing revenue from the first half (H1) of 2025 for the buy-back and burn of $NCDT, adjusting to 15% in the second half (H2) of the year.
- 2026: Shifting from revenue to profits, 20% of profits from H1 and 15% from H2 will contribute to $NCDT buy-backs and burns.
- 2027 and Beyond: By 2027, Nuco.cloud will allocate 10% of profits from H1 and 5% from H2 for the same purpose, maintaining a consistent reduction in supply.
Added Utility for B2B Customers
Nuco.cloud is also expanding $NCDT’s utility for B2B customers. To access the platform and receive a 20% discount, business clients will need to hold a minimum of $1,000 USD worth of $NCDT in their wallet. This requirement aims to strengthen $NCDT’s role in the Nuco.cloud ecosystem by adding practical utility to the token.
Next Steps and Roadmap
The team plans to release further updates on $NCDT’s token utility roadmap next week, with insights into how the buy-back and burn initiative aligns with Nuco.cloud’s long-term vision.
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