Kollect Kollect KOL
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Kollect KOL: Token Burn

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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.Cards
@kollect_cards
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
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