Nexty Monthly Burning Plan
1st Nexty coin burn
Dear Nextizens,
We are happy to announce that 1,212,000,000 NTY (approximately $18,180) was burnt following the plan last week. The burn is a contribution to our commitment towards reducing NTY supply, which is beneficial to both our network and ecosystem.
According to the plan, a total of 24 billion of NTY will be burnt, which means we still have 22,788,000,000 NTY to burn.
The buyback phase is completed prior to the 1st burning phase, along with giving up the orginal NTY allocation for development of Nexty ecosystem. The number 1212 commemorates the beginning of Nexty Private Sale in 2017 which started it all !
Details of the burn can be found at: Nexty Explorer
After the 1st burn, Nexty would buyback NTY to prepare for the 2nd burning phase.
Thank you for your support !
—
Nexty Team
