854 Million Netkoin (NTK) Token burn program

Major Update: 854 million NTK Tokens will be burned (approximately 10% of the total supply).

We are pleased to announce the 854 million Netkoin (NTK) token burn program. The project will burn 854,000,000 NTK across four phases.

This token burn consists of four stages. The token burn for each phase will occur when the target price is reached.

Phase 1 Details

Price: 0.00000040 ETH

Burn amount: 213,500,000 NTK

Phase 2 Details

Price: 0.00000070 ETH

Burn amount: 213,500,000 NTK

Phase 3 Details

Price: 0.00000100 ETH

Burn amount: 213,500,000 NTK

Phase 4 Details

Price: 0.00000130 ETH

Burn amount: 213,500,000 NTK

Price for each phase will be based on the Coinmarketcap price: https://coinmarketcap.com/currencies/netkoin/

New token allocation breakdown after burn occurs:

Netkoin Operations and Development & Team: 2,665,386,176 NTK

Total burn amount: 854,000,000 NTK

Circulating supply: 4,333,673,918 NTK

New total supply: 6,999,060,094 NTK

The team will provide proof of burn for each stage once the price indicated in each phase has been reached. The proof of burn will be posted on all Netkoin’s social media platforms.

A request to update the total supply on CoinMarketCap will be submitted immediately after each token burn is completed.

Stay tuned for more major announcements.

We appreciate the continued support from the community.


The Netkoin Team

Netkoin — Reinventing the retail business and customer relationship
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Brief Overview of The Netkoin project

Netkoin (NTK) is an ERC20 token based on the Ethereum blockchain. The NTK token will be used to power Netkoin’s universal rewards system on Netkoin’s location based mobile application and business management platform.

Netkoin’s location based mobile advertising application aims to make retail shopping relevant and rewarding for customers based on their location. The mobile application will contain numerous features and filters in order to provide the customer with a personalized retail shopping experience, while maintaining the highest level of user’s data security and privacy.

Netkoin’s business management platform will be utilized by retail stores to enable business owners to manage their stores advertising on the Netkoin mobile application. Businesses can integrate their store’s social media content, providing them with a single place of advertising their businesses content with shoppers. Therefore reducing content marketing management by the retail business marketing team.


The information contained in this document are not purported to represent advice that can be relied upon. Netkoin, the author or any other persons involved in the preparation or distribution of this presentation expressly disclaim all and any contractual, tortious or other form of liability to any person in respect of this document and any consequences arising from its use by any person in reliance in whole or any part of the contents of this document. Netkoin accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material in this document. The information contained in the whitepaper shall not in any way constitute a recommendation as to whether you should invest in any product discussed in the document.

© 2018 Netkoin. All rights reserved.

Netkoin Pty Ltd — Australian Company Number (ACN): 615 339 074