Dear traders,
BitZ spends 20% of its quarterly revenue on buyback each quarter. And the repurchased BZ will be destructed. BitZ has destructed all the BZ repurchased in the fourth quarter of 2020 amounting to 2,043,945 BZ.
Burn txid: :0xbeece13dc839820c758a6060746c158dcaebdc3d3075a67870cfdda0b392ee45
BZ Circulation Information(up to 2021/03/11)
Total supply amount: 1,200,000,000 BZ
Current supply amount: 672,469,685 BZ
Total destruction amount: 527,530,315 BZ
Total circulation amount: 146,344,685 BZ
Current Total amount= Total Issued amount- Total Destruction amount
Total circulation amount= total market amount - total repurchase destruction amount
Total destruction amount= total repurchase destruction amount + 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) + the second quarter of 2019(3,690,000 BZ)+ the third quarter of 2019 (3,711,605 BZ) +the fourth quarter of 2019(1,043,478 BZ)+the first quarter of 2020 ( 1,852,911BZ) + the second quarter of 2020( 1,453,265 BZ)+ the third quarter of 2029 (1,732,182 BZ) +the fourth quarter of 2020( 2,043,945 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 have unlocked (2,875,000 BZ)
Announcement On Partial Disposal And Unlocking of BitZ Token (BZ): https://help.bitz.plus/article/100001515
BitZ Token(BZ)Adjustment Notice: https://help.bitz.plus/article/100001452
BZ 2019 Q2 Token Burn Completed::https://help.bitz.plus/article/100001580
BZ 2019 Q1 Token Burn Completed:https://help.bitz.plus/article/100000000
BZ 1st Quarter Token Burn Completed:https://support.bitz.plus/hc/zh-cn/articles/360013137193
BitZ China(Telegram): https://t.me/bitzCN
BitZ China(BiYong): https://0.plus/bitzCN
BitZ Community(Telegram): https://t.me/bitzEN
Risk reminder: Cryptocurrency asset is a kind of innovative investment product with volatile prices. BitZ 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!
BitZ Team
2021/03/11