ARCS Token Allocation and Token Burning
The ARCS will Burn the total supply of ARCS to 1/50. Therefore, the total supply will decrease from 20 billion to 400 million. However, the amount of ARCS that is already distributed to the market, or ARCS you own now, does not change. The company burn the ARCS team’s holdings significantly instead.
And they will also reconsider the Token Allocation. Token burning will be on May 21st. Therefore, if you buy from the market, such as KuCoin and Probit, before this date, your ARCS will be effectively 50 times more valuable after Burn.
ABOUT ARCS
AIre is an ecosystem centered around data banks and their users.It provides functionality for data banks so that they can operate effectively and transact with businesses and individuals.
