DigiPulse to burn excess amount of DGPT tokens

Community of DigiPulse Foundation through polling decided to burn the excess amount of DGPT tokens that was frozen since November 2017 on April 30
03 April 2018   186

DigiPulse Foundation polled its community on the matter of the excess amount of DGPT tokens - almost 68% of the total supply of the tokens were left unsold. That amount was frozen for 6 months before the Foundation is able to access it. According to the poll results, 87% of the community have voted for burning the unsold tokens.

Back in November the company already burnt its share of tokens to maintain a 25% ratio from the total supply. Now, on April 30, once the excess tokens are unfrozen they are to be burned immediately (it will be sent to the address 0x0000000000000000000000000000000000000000). Community members' tokens will be kept as they are and not diluted. The service price will be tied to a fiat amount thus making regulation mechanism clearer for the community. Another reason for such a tie-up is that after drastically decreasing the token supply (from 20,483,871.02 to 5,420,726.22) the project might run the risk depleting the tokens. So the tie-up is for the adjustment of the underlying token amount.

As of the moment of publication, DigiPulse market parameters are as follows:

Average price: $2.27

Market cap: $3,190,869

Volume (24H): $21,738

BOScoin sets up a meetup in Amsterdam

The first European BOScoin meetup will be held in Amsterdam on May 13 to introduce the platform to the public
21 April 2018   25

BOScoin is holding its first European meetup session on May 13 in Amsterdam. The venue is chosen to be at Berlage Meet and Workspace. During the meetup members of the team with CTO Yezune Choi and the community manager will be available to answer questions in order for BOScoin community to learn more about the project, and understand how it fits into the broader market. Mr. Choi will be presenting an overview of the BOScoin platform, and going into greater detail about the project's future plans, and technical aspects of the platform.

Among the topics to be covered there will be explanation of the technology and project's business strategy. Currently BOScoin has a working and functional blockchain network called tokenNet, which allows for the transfer of BOScoin from wallet to wallet.

The event starts at 13:30 local time.