Latest updates: CSM Token Burn schedule
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The Consentium team previously announced that it will be burning its reserves.
As of current time, we are confirming that 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.
All CSM token holders can expect to see Proof of Burn from us on our socials each time the burn is completed. The first burn is scheduled for 1 August 2019. We thank the community for their support and look forward to adding value back to the community through this exercise.
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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