Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club
by
SportyFi
on 01/10/2018, 13:29:39 UTC
c) Redemption of AVAI Token  
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).

this is for 2019 right?

Yes, the first burn will be on or around 1st January 2019.