HelloGold, HGT Token Burns per Milestone Achievement

HelloGold, HGT Token Burns per Milestone Achievement

 

  • Milestone Achievement  as  The Number of Customers
  • Milestone Achievement  as  Assets Under Management(AUM)

 

HelloGold, an Ethereum-based and gold-backed project, announced the burning of its HGT token per its milestone achievement, according to its latest blog.

The Malaysian-based project stated that HGT will be burned, based on the number of customers and Assets Under Management(AUM) .

While the total supply amount of HGT token is 1 billion, its active holder is currently more than 16,000, according to its whitepaper and blog.

HGT, listing on major crypto Exchanges such as HitBTC and Gatecoin, currently has a market cap of about USD 8m.

 Customers:                                                                                                     AUM:     

 50mill customers                            – 10 million HGT(Burned) –            50,000 kg                 

 10mill customers                           – 10 million HGT(Burned)-              10,000 kg

  1mill  customers                           – 10 million HGT(Burned) –              1,000 kg

 500k customers                            – 10 million HGT (Burned)-                 500 kg    

 100k customers                            – 10 million HGT (Burned) –                100 kg

 

 

https://medium.com/hellogold/announcing-new-hgt-feature-954f6cc1916c

https://tokennews-hk.com/project/hellogold-analysis-pre-release/