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King Money KIM: Token Burn
KIM Burn AnnouncmentKingMoney has decided to burn massive KIM coins in the coming months, starting in July, based on community feedback and to reduce coin supply.According to this schedule, on 7th of July KingMoney will send 550,000,000 euros worth of KIM to an eater address for burning 3 million KIM.
Event date: July 7, 2021 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 event is about to begin
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