Torum Token Burning Report — Q2 2024
Hello Landers! We’re thrilled to announce that Team Torum has successfully completed another round of $XTM token burning!
Token Burning
A total of 25,000.83 $XTM have been successfully burnt and removed from the circulating supply of $XTM for Q2 2024.
A total of 2,418,525.148 $XTM have been burned so far!
Proof of Burn
https://bscscan.com/tx/0x99b62ffa19253ba084510dcb2b421db989496936419c52c01e71600d03affac6
Here is a brief explanation of the origin of all the $XTM:
Source №1
- Gathered from: Torum Gift Mechanism (from 26th March to 25th June).
- Amount gathered: 4,720.385 $XTM.
Source №2
- Gathered from: Accounts that were banned (from 26th March to 25th June).
- Amount gathered: 20,280.445 $XTM
Note: These accounts have been banned due to them breaking the rules of Torum.
25,000.83 $XTM sent to the wallet used by the team to burn tokens.
Out: Transaction №1 (25,000.83 $XTM sent):
https://bscscan.com/tx/0xa80b07acf4245786356b62fc82e351fa4e963dfc3dd407cfa8acb704b6eedca1
If there are any further questions, feel free to reach out to the team.
Stay tuned for the next update!
About Torum
Torum V2 is a dedicated SocialFi application for NFT owners, creators, and artists to connect and create Web3 identities through 3D AR NFT face filters. The Torum V2 application elevate the traditional limitations of NFT as PFPs by transforming NFTs into ready-to-use face filters, enabling the Web3 community to craft stories and narratives with their NFTs.
Torum V2 empowers NFT creators to express themselves freely with unique, digital, and pseudonymous identities. The application enhances the narrative, storytelling, and mindshare of NFT collections, allowing creators to establish deeper and more engaging connections within the Web3 space.
