Lean Management Token (LEAN) Announces the Implementation of a Business Strategy Based on the UBB Model

Tallinn, Estonia--(Newsfile Corp. - September 28, 2022) - The Lean Management Token - focusing on developing a global ecosystem for professionals in the area of management - has announced the implementation of a business strategy based on the Utility-Buybacks-Burning model (hereinafter the UBB model). The UBB model is focused on the continuous increase in the number of channels and methods of using cryptocurrencies (Utility), the redemption of tokens from the market from the revenues generated by business projects (Buybacks), and the continuous reduction of the number of tokens in circulation by sending purchased tokens to a smart contact that supports the burning process (Burning). The strategy for implementing the UBB model by the Lean Management Token is presented below.

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Utility - expanding the usability of $LEAN

In 2022 alone, it will be possible to use $LEAN Token on at least 7 platforms. Some of them are related to the Lean Community project, which is focused on spreading knowledge about management methods (FreeLIB, Skiller, Marketplace), and also on developing the business segment (Lean Global Consulting). $LEAN will be used on each of these platforms as, among others, a means of payment, a way to support projects, and to reward users for their activity. Ultimately, the Lean Management Token will strive to appear as a utility token on several hundred internet platforms.

Buybacks - systematic purchase of $LEAN from the market

The condition for establishing $LEAN Token partnerships with business projects is their subsequent involvement in the redemption of tokens from the market for some generated revenues that result from such cooperation. In 2022, such a partnership was established with a business organization - Lean Global Consulting (LGC), which provides consulting, IT and VR services for companies from the manufacturing industry. As part of the partnership, $LEAN will be used by LGC as a full-fledged means of payment for services. Moreover, a part of LGC's revenues will be allocated to buybacks.

Burning - decreasing the total supply of $LEAN

All the $LEAN purchased through business projects that are supported by the Lean Management Token, as well as all the $LEAN obtained from commission (e.g. on the Lean Marketplace), will be transferred to the wallet, which, through the implemented configuration, sends $LEAN for burning and reduces its amount in circulation supply. Therefore, there will be a reduction in the amount of $LEAN in circulation from the initial supply of $LEAN 3,000,000 to the expected max supply of $LEAN 1,200,000. As of the day of writing the announcement, over $LEAN 407,300 has been burned, which is 13.58% of the initial supply.

Autonomization of the UBB model by the Lean Management Token

As part of the adopted long-term strategy, it was decided to undertake certain activities, the aim of which is the full autonomization of the UBB model, which in turn will lead to the independence and complete decentralization of the project. For this purpose, the issues of prolonging domains and services on which the entire ecosystem is based will be regulated on the basis of blockchain technology and smart contracts. Ultimately, the entire policy of implementing buybacks, as well as the burning of acquired $LEAN, will be implemented through smart contracts without human interference.

About Lean Management Token (LEAN)

The Lean Management Token was created in 2021 as part of the Lean Community project. The $LEAN concept was developed by over a dozen Lean Management professionals from such countries as: England, Wales, Brazil, USA, Germany, Italy, Poland, Czech Republic, Serbia, the Netherlands and Spain. Currently, the Lean Management Token is developing its ecosystem on other platforms and is striving to be a global means of payment for people who are interested in its development, as well as for companies and institutions operating in the field of management.

Visit Lean Management Token (https://leantoken.io/) to learn more.

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