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Cryptocurrencies: 23219
Exchanges: 112
Market Cap: $$2.92T
24h Vol: $77.16B
Dominance: BTC: 64.4% ETH: 7.5%
ETH Gas: 29 Gwei
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MYPO is a marketplace that connects buyers and sellers, just like Ebay, Amazon or Aliexpress, and earns commission from sellers. The company sets up shop in the MYPO market. They pay a commission to the MYPO marketplace for the items they sell. Mypo uses token supply for company expenses. As the number of purchases increases, mypo will use the commission it receives to purchase more tokens. In this case, the token value will naturally increase continuously. As the value of tokens increases, the number of tokens mypo companies have to put on the market to meet their expenses also decreases