1st CSM Token Burn: Proof of Burn
Find out the details!
*Updates at 2 Aug 0000 We earlier shared a Proof of Burn address. However, Consentium’s smart contract has code that prevents CSM from being sent to the genesis address. In order to ensure the burn schedule continues as we have planned, we have since rectified it by sending it to an intentional burn address.
You may find the update burn address here: https://etherscan.io/tx/0x14e17209e77eada5959055b4889aef604f65d97ca065e14ebb89ff349bfc241d
Yesterday, we confirmed our CSM Token Burn schedule starting today.
You can find our proof of burn here:
(Please refer to the updated link)
The team will be scheduled to do a burn of 7.2 million CSM tokens every month in the next 10 months. This is valued at 1.44 million USD based on 15 July 2019.
Stay with us to be kept updated on future plans for a buyback schedule as we are ramping up work on CSM chat app’s Chat Community Monetisation (CCM) Model.
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*Updates at 2 Aug 0000 销毁证明更改为: