Kollect
KOL
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Kollect KOL: Token Burn
Event date: May 20, 2022 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.
Kollect team took the second step of burning 20% of the $KOL circulating supply over six months
1st Round (Apr, 20) - Burnt 7,000,000 $KOL
2nd Round (May, 20) -🔥Burnt 7,000,000 $KOL🔥
3rd Round - Coming Soon
Transaction Hash🔽
etherscan.io
#Tokenburning
The event is about to begin
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Added by
Alika
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