Post
Topic
Board Announcements (Altcoins)
Re: [ANN] KanadeCoin | Live on CoinExchange.io | July 2, 2018
by
KanadeCoin
on 10/07/2018, 15:17:55 UTC
TOKEN BURN


We have now Successfully BURNED 337,500,000 KanadeCoin (KNDC) as per our previous announcement.

The burn process involves sending tokens to an address meant for burning Ethereum based tokens. The BURN address in our case is 0x000000000000000000000000000000000000dead.

With this successful burn, the Total Supply of KanadeCoin has reduced to 9,662,500,000.
The reduced supply simply means that now each token has more value than ever before.
The transaction hash for token burn is https://etherscan.io/tx/0x8240f20c000476df54ae67fd4fb20975dc6a290b993b341c7ff16ceae46056cb

Additionally, another 900,000,000 KanadeCoin (KNDC) are locked up with the help of smart contract till by April 6th 2021 and any sales and remittance are prohibited in Lock-up wallet.

We will continue to strive for excellence in development of KanadeCoin and "Community to support Monozukuri".
Thank you everyone for your love and support.