SRC Business Ecosystem is a unique digital ecosystem that integrate commodity trade finance and the global supply chain. The $SRC Business Ecosystem is designed to increase import and export between East and West economies by improving finance accessibility, and reducing risks, fraud, and costs.
It uses blockchain to interconnect trade finance with the global supply chain and smart contracts to automate trade finance document validation against the trade contract terms and conditions. This innovation reduces the trade finance liquidity gap by simplifying compliance, reducing transaction costs and finance turnaround time, and improving control over money and physical goods flow.
In The $SRC Business Ecosystem customers can use $SRC tokens for various purposes within the $SRC Business Ecosystem, including paying gas fees for transaction validation, purchasing services within the ecosystem, and earning rewards through ecosystem growth and buy-back mechanisms in crypto exchanges.
The $SRC token supply is capped, meaning there will never be more than 1 billion $SRC tokens in circulation. $SRC uses a deflationary economy model, which means that through the token buyback program, the token supply decreases in exchanges over time, potentially increasing the value of each token.
In the $SRC Business Ecosystem economy, Each transaction increases the $SRC token demand and reduces the supply in the crypto exchanges, driving up the $SRC token price. Each token is worth a fixed percentage of service in the ecosystem, thus, the increase in the $SRC token price provides access to more services in the future.
LGRs token holding initiative encouraging people to hold their $SRC token for an extended period and it focuses on three aspects; (1) LGRs token buy-back program from crypto exchanges (2) the growth in ecosystem service offerings (3) the anticipation of the greater future utility of $SRC tokens will encourage token holders to hold their $SRC for an extended period.
The $SRC token supply is capped in order to create scarcity and promote value appreciation over time. LGR Global ensures incentive alignment between investors and ecosystem users to drive the $SRC value growth. 10% of company EBITDA can be, at LGR’s entire discretion, distributed among the $SRC token holders through the token buy-backs from crypto exchanges from time to time.
$SRC is a utility token that is a type of cryptocurrency that is designed to provide access to $SRC Business Ecosystem services within its own blockchain network. The $SRC token is a utility used for gas fees to Validate transactions on the blockchain and ecosystem transaction fees collection.
The $SRC token is used to conduct an IDO (Initial Dex Offering) to raise financing for $SRC Business Ecosystem growth and development.