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Chess Coin CHESS: Coin Burn

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Event date: July 28, 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.

BrainiacChess Network
@brainiacchess
We are happy to announce to you that $450,000 worth of $CHESS (according to current price) was burnt few minutes ago. That's 30% (90,000,000 CHESS) of the total supply. Stay tuned for more project updates! #TokenBurn #chess #ChessCoin #BrainiacChess #blockchain
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