Part 8/10:

Focusing on Binance Coin (BNB), it launched with an initial supply of 200 million coins, 50% of which were sold during an Initial Coin Offering (ICO) in 2017. With a starting price of $0.15, early investors had a significant windfall, as the value surged to around $400 per coin today.

A noteworthy aspect of BNB's economic model is Binance's quarterly token buyback scheme, wherein 20% of the company’s profits are used to repurchase BNB, which is then permanently destroyed. This deflationary mechanism aims to gradually reduce the total supply from its original 200 million to 100 million, ideally leading to value appreciation for holders.