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).
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 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!
July 8, 2019