🚀 The Ethereum Community Foundation has officially launched BETH, a new proof-of-burn token on Ethereum.

✹ How it works:

Users send ETH ➝ forwarded to burn address (permanently removed).

Smart contract instantly mints 1:1 BETH tokens back to the sender.

Creates a transparent & auditable burn record.

💡 This innovation opens new doors for:

Web3 Gaming 🎼 (reward system via burns)

DeFi applications 🏩

New industries powered by verifiable burns ⚡

🌍 Ethereum Co-Founder & Consensys CEO Joseph Lubin praised the project and hinted at future developments with BETH, BBETH, and BBBeth.

đŸ”„ ETH burning may now become not just deflationary, but also profitable & gamified!

#Binancenews #CryptoMarkets

$ETH

ETH
ETH
1,959.73
-6.06%