We are decreasing the number of VLB tokens to ever be released from 175 million to 100 million. That means that the number of tokens released for ICO (VLB 30 mln.) will constitute 30% of the overall token amount created for the VLB ecosystem, as opposed to 17% as initially planned.

You can check the token burning transaction here https://etherscan.io/tx/0x598d5fb285696564c302355cc7aa5ca6b7f82457d4af1b2195bab5311e352c67

This decision has been taken to re-assure the ICO participants that there will never be a possibility for future price manipulations. Tokens for the future rounds of funding will be stored on escrow account / smart-contact in order to guarantee their safekeeping. We are reducing the quantity of tokens, because we are confident that in this case we will complete all the tasks that these tokens were reserved for initially: the funding of the project and pulling in professional market players.

For more information please read our article on Medium https://medium.com/vlb-token/we-are-burning-75-million-tokens-vlb-ab03f92efd5e