According to the advance notice on partial disposal and unlocking of BitZ 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 BitZ Token held by early investors has unlocked 2.875 million BZ on July 8, 2019 (UTC+8).

 

Destruction link: https://etherscan.io/tx/0xe827d3054b611a46f236696ae9f41c4e970e682f3855be7c9cec8ddedd79eca5

 

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)


BitZ recommends Features:

BitZ Perpetual Contract: https://swap.bitz.top/trade/101

BitZ 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


BitZ China(Telegram):https://t.me/bitzCN

BitZ China(BiYong):https://0.plus/bitzCN

BitZ Community(Telegram):https://t.me/bitzEN

BitZ official WeChat:Bitz_888

Risk reminder: Cryptocurrency asset is a kind of innovative investment product with volatile prices. BitZ 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!

BitZ Team

July 8, 2019


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