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Minter BIP: Token Burn
Event date: May 15, 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.
Minter
@MinterTeam
@MinterTeam
🔥 Burn of ≈300M BIP (or $6,300,000 at current prices)
To make Minter birthday celebration lit, Minter Development Foundation will ‘burn’ the BIPs that will have been accumulated by May 15, 2021.
The event is about to begin
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