JSB foundation has conducted its 3rd burning of 4,000,000 JSB on December 1, 2020.
[Report] 3rd JSB Token Burn Complete
🎗We are announcing that we will give up all of our JSB allocations and contribute them towards our commitment to burning a total of 90 million JSB
We would like to announce that the token burning process was successful and 4,000,000 JSB (currently worth US$6,750,000) was burned.
💥Please refer to the below for details💥
🔥Token Burn day: December 1st , 2020
🔥Burn amount: 4.000.000 JSB
👉Burn Transaction hash: https://tronscan.org/#/transaction/0422a617fc1c8db8b34fcbd3bb0cb0395bcb52ca971c332691125a7c0f3b57ad
The eventual total supply of JSB will still be 10,000,000 JSB. The current total supply of JSB is 88,000,000 JSB, which means that 78,000,000 JSB still need to be burned.
The burning schedule and frequency will be the same as before.
This shows that the JSB team is not money-driven. We are here on a mission. Let’s work together to increase the freedom of money.
JSB Foundation is a blockchain and cryptocurrency organization based on platform with advantages from Tron’s protocol. The Foundation’s core mission is to “standardise, protect and promote” the JSB Protocol technology.