BitKan Announcement : 100 Million KAN to be repurchased and burned in Q1 2019The BitKan team has announced the KAN token burn for the 1st quarter of 2019, where 100 million KAN will be burned on 8th April 14:00, Singapore time.
As of now, since the beginning of the token burn program in 4th quarter of 2018, KAN team has repurchased 300 million KAN in total, equivalent to 1.6 million USD at current fair market value.
KAN is the platform token on BitKans platform. With BitKans new trading function set to be released on 10th April, the KAN token will be upgraded and will contains trading attributes. The team will consider implementing more application scenarios and valuable solutions in the trading eco-system for the KAN token.
Source:
https://bitkan.com/en/news/topic/194771