Bit-Z spends 20% of its quarterly revenue on buyback each quarter. And the repurchased BZ will be destructed. Bit-Z has destructed all the BZ repurchased in the second quarter of 2019 amounting to 3,690,000 BZ.
BZ Circulation Information（up to July 26, 2019）
Total supply amount: 1,200,000,000 BZ
Current supply amount: 684,307,071 BZ
Total destruction amount: 515,692,929 BZ
Total circulation amount: 158,182,071 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）
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 Bit-Z Token (BZ)
Bit-Z Token（BZ）Adjustment Notice：https://help.bitz.top/article/100001452
BZ 2019 Q1 Token Burn Completed：https://help.bitz.top/article/100000000
BZ 1st Quarter Token Burn Completed：https://help.bitz.top/article/100000179
Bit-Z official WeChat：Bit-ZExperience
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 26, 2019