Azbit AZ: Coin Burn
Event date: February 17, 2020 UTC
What is coin (token) burn?
A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.
The 2nd AZ burn is scheduled for February 17, 2020.
Reference: the 1st burn destroyed 252,471,113.6 Azbit tokens.
#Azbit team will continue to destroy tokens from the project's profit until AZ number is reduced to 13,888,888,888 (i.e. 10% of the initial supply).
AZ Price Changes After Event Publication
2.91%
1 day
4.12%
2 days
75.32%
Now (Added 4 years ago)
The event is about to begin
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