Coin burn in cryptocurrencies means the act of sending a number of the coins of the ancient cryptocurrencies to public address from which those particular coins cannot be used or spent due to the private keys since the keys of such an address is unobtainable or not in existence.
The following is our SMART CONTRACT INFORMATION;
The company NAME IS OUANTUMPAY, and their SYMBOL is QPAY. They count in bits to eight decimal places. TOTAL SUPPLY is15,000.000.000.
Burned tokens
Quantumpay has made the promise to burn all unsold tokens, and as promised a total of seven and half billion QPAY are burned. Also, three and half billion QPAY are burned and can be tracked in this contract address. Another four billion QPAY are burned or transferred to a non-existing address which means that it can be tracked here. And that brings us to a new token supply of approximately eight billion QPAY.
Our answer to your “why burn coin.”
We, the principal team respect our supporters as well as our investors incredibly. The agreement to burn the unsold token was for a purpose. The reason is to create an artificial economic scarcity so that QPAY holders will benefit from it. That is the meaning of reward to us. doing this is our little way of appreciating the effort of our investors. If the number of token supply is lower after burning, then there would be economic scarcity of the supply. That means that we are driving the demand curve up while the supply curve is low. This will reflect in price appreciation.
MEDIUM
Quantumpay will continue to reward our believer and supporter not only by making sure our App that is simple to use, highly available and secure but also ensures with the best of our effort that QPAY our token reach its full potential value.
Links to our social media:
Twitter, Facebook, Instagram, Reddit, Telegram, Website, And Email
VOTE FOR QUANTUMPAY IN MERCOTOX
Quantum pay is a decentralized financial as well as monetary facility platform whose aim is to deliver money transfers and game credits. Quantum pay also engages in hotel bookings mobile top-ups, on bill payments
Quantum pay fans, as at last (update) we informed you that we can’t stop listing processor. Fork delta, Ecex, Enclaves Ether Delta, and all other exchange that we opted for, are presently in progress with their various procedures. We now present you mercatox voting competition. This voting competition for mercatox listing is progress! Quantum pay always appreciates your solid support and vow to show appreciations by rewarding your efforts.
Therefore, each effective vote will be immensely rewarded with a 150,00QPAY! What will make your vote valid? A valid vote must pass through verification. This verification process will make your account verified with mercatox. The essence is to ensure that you filled the information needed into your account very well to avoid mistakes. There is a link to click on for you to vote for QPAY on Mercatox. Officiate the voting and ensure that you get a screenshot of your vote. Then fill a form that will be presented to you. With your votes and support to our quantum pay community, we will excel! Get QPAY listed and get ready to harvest the fruits of your labor. You can connect us through our links. The social Media are as follows; Twitter, Facebook, Instagram, and Reddit. We also operate through telegram, websites, and email.
Website : https://quantumpay.co
Telegram : https://t.me/quantumpayQPAY
Whitepaper : https://quantumpay.co/QUANTUMPAYWP.pdf
Twitter : https://twitter.com/Quantum_Pay
Facebook : https://www.facebook.com/QuantumPay
Bitcointalk username : bittop-24
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1490344
Good article ! subscribed to you and I hope for a mutual subscription
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