News and Announcements
BitCar’s Token Burn Date Has Been Announced
- Published July 25, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Token Burn Set for 31st July
- 151,577,871 unsold BITCAR tokens will be burned forever
Ladies and Gentlemen, start your engines. The BitCar team are ready to burn some tokens! Mark it down in your calendars as the first token burn will commence on 31 July UTC 7.00 AM.
The community will see on the blockchain from the BITCAR Token Contract an amount of 151,577,871 BITCAR being burned forever! These being the unsold token from the Token Sale earlier this year. They will announce across their social media channels when the burn commences. Interested to find out more about the token burn process? Read more.
Stay tuned for BitCar’s next announcement of their second token burn event.
About BitCar
In a world first, the BitCar platform allows fractionalized ownership and decentralized peer-to-peer trading in Exotic Cars with a new BITCAR token. Imagine being a part-owner of a Ferrari F40, Maserati MC12 or Bugatti Veyron just to name a few. Owners can peg their crypto to these hard assets for protection during times of high crypto volatility.
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