Azbit Azbit AZ
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0.00000365 USD
% Change
4.48%
Volume
53 USD

Azbit AZ: Coin Burn

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Azbit will continue to burn tokens from the project's profit until AZ number is reduced to 13,888,888,888 (i.e. 10% of the initial supply).

Event date: February 24, 2020 0:00 — 24 February, 2020 0:00 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.

azbit.news
@azbit_news
Azbit crew confirms that 2nd #AZ Burn took place slightly ahead of schedule. 106,944,380 native tokens from the project’s profit were burned to the ground. Please, check it here 👉etherscan.io The next burn is scheduled for February 24, 2020.
AZ Price Changes After Event Publication
9.00%
2 days
70.94%
Now (Added 4 years ago)
The event is about to begin
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