TMTG Enterprise HK Ltd., a digital asset (cryptocurrency) provider based in Hong Kong, announced its burning of 42 Mil TMTG (The Midas Touch Gold) tokens on Aug. 12(KST)
The foundation has been conducting a weekly token burn since Apr. 8th, conducting the 19th token burn this week. Three more token burn events are scheduled to take place until the 22nd token burn on Sep. 2.
The number of total burned token now reaches 627 Mil. After the 22nd burn, the total number of the burned volume will be 715 Mil.
A TMTG official stated, “The foundation will continue to observe the token burn schedule, alongside our plans to list our coins on large scale global cryptocurrency exchanges. We are excited about the development of our project which is progressing according to our roadmap.”
The details of the token burn can be verified by searching TMTG on Etherscan.