FUUPAY FPT Token Burn — 44.3%

Dear FUUPAY Community,

Some of the FUUPAY tokens (FPT) will be burned to show the transparency of the project and to show our faith in our project.

Some of burned tokens can be from buyback amount, but we will update you later with more details.

Token Burn Details

▶ Total issued: 1,000,000,000 FPT

▶ Token to be burned: Approx. 44.3% of the total issued tokens: 443,292,466.7 FPT

▶ Total volume of the token after burn: 556,707,533.3 FPT

Detailed Distibution of the Token to be Burned

▶ 80% of team token: 80,000,000 FPT in total

▶ 40% of the ecosystem: 120,000,000 FPT in total

▶ 40% of reserves: 120,000,000 FPT in total

▶ 41.1% of (unsold) sales: Total 123,292,466.7 FPT

※ This can be changed if buyback before burning happens.

Token Burn Schedule​

▶ It will be burned sequentially by the first half of 2021.

▶ 1st token burn

· 200,000,000 FPT (200 million, 20% of total issued)

· TX id will be announced after token burn in September, 2020.

▶ 2nd round: After the next listing, the remaining volume will be burned. Please refer to the official channel.

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