768,198 BCIO Tokens burned

BCIO Bounty campaign Tokens distribution has ended.

Burn transaction: here.

On August 10 2020, we proceeded to the burn of 768 198 unclaimed tokens from the BCIO bounty program.
As a reminder, this bounty contest took place in June 2018 as part of our ICO program (all details here).

265,236 Tokens have been distributed.

Initially, appoximately 1 Million BCIO Tokens were offered as part as our Bounty campaign.
Most winners had until August 23, 2019 to create their account on trade.blockchain.io.

We kindly extended this period to let participants finalize their applications (bounty participants ranked among top 25 winners and bounty participants who created an account but forgot to generate their BCIO wallet).

Why burning unclaimed BCIO Tokens?

The decision to burn all unclaimed bounty BCIO tokens comes from our will to put our investors first. A reduced supply generally has a positive impact on the price as it scarces the asset.

The new supply of BCIO Tokens is now: 46,713,593.6 BCIO.

Further actions will be undertaken to maintain and impact BCIO price positively. Stay tuned!