Nexty Plans to Burn Billions of NTY

Dear Nextizens,

After having our supporters voted on the burning plan of Nexty, along with the agreements among our executives board, Nexty will officially burn the total of 24,000,000,000 NTY in the course of 2 years.

This move is part of our plan to reduce the supply of NTY, which means:

• According to our initial coin allocation since the ICO, 20,000,000,000 NTY is distributed to Nexty blockchain development, and we are giving it up to keep our commitment towards the burning plan of NTY.
• 24,000,000,000 NTY burnt will reduce approximately 15% of our current supply of 151,545,708,678 NTY.

All NTY allocated for development will be completely burnt as we approaching August 2021, including extra 4 billion NTY.

We will NOT publicize the details of the burning plan before each buyback phase.

The details of each burning events will be available on Nexty explorer, and Nexty social media channels after completion.

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Nexty Team