simplyBrand, the world’s first online verification block-chain base platform, has announced that it will be conducting a token burn. The simplyBrand token sale ended on 27th March, 2019 and was listed on the COBINHOOD Exchange on 31st March, 2019.
After the end of the token sale, as promised, we “burnt” the unsold tokens. Burning tokens at this point — immediately after our token sale is to support SBA’s value increase as there were fewer available on the market.
On 12th April, 2019, we will burn the 58.16 million SBA tokens that were not sold during our pre-sale or public sale token.
After the token burning event, the new total supply will be 941 million SBA tokens
Total supply: 1,000,000,000 SBA
Burnt: 58,168,086 SBA
New total supply: 941,831,914 SBA
We reiterate our commitment to you, dear community. And we thank you all for your continuous support!!!
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