BitKan announcement: KAN completed 100 Million token burn in 2019/Q1

The project team has carried out the first quarter of KAN token burn on 8th April 2019, 10:00am Singapore time, the amount is 100 million KAN.

As the previous announcement shown, to ensure the benefits of KAN holders, KAN team has launched a continuous repurchase program in the secondary market and carry out token burn accordingly.

Token burn information are shown below:

Token Burn: 100,000,000 KAN

Transaction hash:

https://etherscan.io/tx/0x30d400a77e1d7f85c27027f2197ead767240898a66c8c59cb00515aeb1408e8d

This is the second round of token burn in history, a total of 300 Million KAN have been burnt, equivalent to 3% of the total supply, with a current market value of 12.9Million RMB.

BitKan’s users and supporters are essential to BitKan’s development and growth. BitKan will constantly upgrade our product and implement more utility scenarios for KAN tokens.

We hope to cross the bull market together with your accompany and thank you once again for the constant support!

8th April 2019, 10:20AM Singapore time