Dear Bit-Z users:

According to the advance adjustment notice of Bit-Z platform coin Bit-Z Token (BZ) (link: https://help.bitz.top/article/100001445), 424,229,650BZ have been destroyed on June 1, 2019 (UTC+8). Bit-Z will continue repurchasing BZ in the market with 20% of its quarterly revenue and destroying them publically to optimize and build the Bit-Z Token (BZ) ecosystem.

 

Destruction link: https://etherscan.io/tx/0x467182d1ddc88697ab8739c27ef4f6cd3af24657ba89aeffb27c3ebca51875cd

 

This destruction = Platform Dividend Fund - Trading Mining - Daily Dividend (up to May 31, 2019, UTC+8)

Platform Dividend Fund: 600,000,000 BZ

Trading mining: 146,000,000 BZ

Daily Dividend: 29,770,350 BZ (as of May 31, 2019)

This destruction = 424,229,650 BZ

 

BZ market circulation (up to June 1, 2019)

Total issued: 1,200,000,000 BZ

Current total: 757,997,071BZ

Total destruction: 442,002,929 BZ

Total circulation: 158,997,071 BZ

 

Current Total = Total Issued - Total Destruction

Total circulation = total market volume - total repurchase

Total destruction = total repurchase destruction + unreleased dividend fund destruction (up to 00:00 on June 1, 2019 UTC+8)

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)


Bit-Z recommends Features:

Bit-Z Margin Trading:https://www.bitz.top/marginExchange/btc_usdt?margin=open

Commission Free for OTC Trading:https://help.bitz.top/article/100000501?lang=en

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


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 not liability of guarantee of or compensation for the investment value of coins. Please make rational estimation on your investment ability and make prudent investment decisions.

Thank you for your support!

Bit-Z Team

June 1, 2019



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