Ansem Launches On-Chain Token Index z500, Projects Can Rise in Rankings via Airdrops and ANSEM Buyback-and-Burn

Odaily Planet Daily News   Ansem has announced the launch of the z500 on-chain index. Projects joining z500 are required to airdrop a portion of their token supply to ANSEM holders, and can also improve their position on the z500 leaderboard by purchasing and burning ANSEM; the leaderboard will showcase the teams that have bought back and burned the most ANSEM, as well as the projects with the best-performing token market caps among those airdropped.

Ansem stated that the z500 model allows projects to distribute tokens directly to ANSEM holders, buy back and burn $ANSEM, and pay fees to boost their visibility on the leaderboard—thereby channeling a portion of the value generated from marketing directly to token holders. At the same time, z500 aims to require projects to purchase and burn a certain amount of ANSEM in advance, disclose team token holdings and marketing plans, and commit real capital—so as to filter out teams that are more willing to build for the long term.