28 / 06 / 2018
Greetings from Peculium. As promised, we bring the latest instalment of token burn.
As you know, the PCL tokens are in a limited supply. At the end of a specified period, we perform a token burn. For this, a pre-set number of tokens are destroyed, along with unsold tokens from that month.
This ensures that the overall supply goes down gradually, driving up the demand, and thereby the price. It is in the interest of every stakeholder of Peculium, something that will add value to their portfolios.
On 26 June, we processed a token burn of over 1.35B tokens.
Here is a summary of the tokens burnt for the month of June
Token burn: June
For June, we processed a token burn of 1,352,259,206 tokens. Here are the details
ICO tokens: 1,064,000,000 (0xb5f6e37e8905932fe09a0414c0f2ca4a24846425)
Provisioned from the stakeholder tokens from March: 180829535 (0x6fe45e5ebb5f4bff4e539899e9d155411a43b85b)
Provisioned from the stakeholder tokens from March: 107429671 (0x38cdcfa3c62bc76dd4fa2daa198aaf91ba092f6d)
After the burn, we have 7,672,701,535 PCL tokens available in circulation.
We will announce if there are any further token burns. You can also read about our previous token burns for March, April, and May.
On the product front, we have exciting new developments in AskEVE. Watch this space for more updates.
Tips for investors
As an investor, here are three things you should do.
- Seek value, not just profits. Look at the business model of any project before investing. See if you think it is a viable model.
- Be patient. Cryptocurrency space is seeing a lot of regulations. So it makes sense to wait and watch, instead of selling off at the first hint of profit. This is a revolutionary space and it has produced and will continue to produce millionaires, but only if you are patient.
- Participate actively. We conduct live webinars. Ask us questions. We also have active channels of communications, like Twitter, Facebook, LinkedIn. Engage us there. Alternatively, if you have any questions, you can also email us at support@peculium.io. We will do our best to answer your questions.
