Announcement ZB Will Burn Totaled 1.4 Billion ZB Tokens

ZB Will Burn Totaled 1.4 Billion ZB Tokens

Publish Time:2020-02-10 17:17

Dear Users,

Following the Burn of 1 billion ZB Tokens, ZB Team officially gave up all the allocated 293 million ZB Tokens. We will permanently burn the allocated tokens and 107 million ZB Tokens of ZB User Protection Fund. By then, totaled 1.4 billion ZB tokens will be burned. In future, the ZB tokens repurchased by ZB.com from the secondary market will be directly burned, and are no longer sent to the ZB User Protection Fund (When the total circulation of ZB Token is less than a certain amount, the regulations may be amended and further announced in advance). With this, ZB will enter an absolute quantity deflation phase.

The ZB Token Burn address: 0x8c572469f25336c7fb962b8f98c8232329343274

The Circulation Information of ZB Token are as below after 1.4 billion ZB tokens burned.

Total Supply: 700,000,000 ZB

Circulating Supply: less than 468 million ZB(The regular ZB Token repurchase and burn will be announced on March 6, 2020)

ZB Customer Protection Fund: 231 million ZB (Never used before and it will be only used for user protection)

ZB Team Holding: 0 ZB

ZB.com guarantees that no additional ZB Token will be issued.

In addition, ZB APP has launched a ZAPP section, which is currently in the beta testing, focusing on supporting the ZAPP projects around the ZB Token. We welcome the applications of shopping, tools, mining, live broadcast, games and other products to enter into ZAPP.

The changes of the previous and current ZB tokens in circulation are as follows.



Thank you for your support.


ZB Global Team

February 10, 2020