According to the advance notice on partial disposal and unlocking of Bit-Z Token (BZ) (link: https://help.bitz.top/article/100001513)), the 70 million BZ held by the original early cofounder mutual fund has been destroyed. The Bit-Z Token held by early investors has unlocked 2.875 million BZ on July 8, 2019 (UTC+8).

 

Destruction link: https://etherscan.io/tx/0xe827d3054b611a46f236696ae9f41c4e970e682f3855be7c9cec8ddedd79eca5

 

BZ Market Circulation (up to July 8, 2019)

Total issued: 1,200,000,000 BZ

Current total: 687,997,071 BZ

Total destruction: 512,002,929 BZ  

Total circulation: 161,872,071 BZ

 

Current Total = Total Issued - Total Destruction

Total circulation = total market volume - total repurchase

Total destruction = total repurchase destruction + unreleased dividend fund destruction + the amount of the original early cofounder mutual fund that have been destroyed

Total repurchase destruction = the fourth quarter of 2018 (13,157,895 BZ) + the first quarter of 2019 (4,615,384 BZ)

Total market = trading mining (146,000,000 BZ) + daily dividends (29,770,350 BZ of cumulated dividends up to May 31, 2019) + risk-control release (1,000,000 BZ)

+ early investors has unlocked (2,875,000 BZ)


Bit-Z recommends Features:

Bit-Z Perpetual Contract: https://swap.bitz.top/trade/101

Bit-Z Margin Trading:https://www.bitz.top/marginExchange

Commission Free for OTC Trading:https://help.bitz.top/article/100000501

Invite Friends and Get 50% Reward:https://help.bitz.top/article/100000500


Bit-Z China(Telegram):https://t.me/bitzCN

Bit-Z China(BiYong):https://0.plus/bitzCN

Bit-Z Community(Telegram):https://t.me/bitzEN

Bit-Z official WeChat:Bitz_888

Risk reminder: Cryptocurrency asset is a kind of innovative investment product with volatile prices. Bit-Z serves as a neutral trading platform, established only for providing convenience for cryptocurrency enthusiasts trading cryptocurrencies, and assumes no liability or guarantee of or compensation for the investment value of coins. Please make a rational estimation of your investment ability and make prudent investment decisions.

Thank you for your support!

Bit-Z Team

July 8, 2019


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