[Token Burn ANN] 15% of Total OGO Supply Will Be Burned Dear | Origo Official Announcements

[Token Burn ANN] 15% of Total OGO Supply Will Be Burned

Dear Origors,

Through the year 2019 and this year, Origo.Network has been working relentlessly at building partnerships, launching mainnet Medietas, and executing the roadmap in accordance with our Whitepaper.

Today, we are excited to share the news with you that the Origo Foundation will burn 15% of Total OGO Supply (or 150,000,000 OGO tokens in total) for the long-term benefit of OGO economy.

In summary, 9% of Total OGO Supply (90,000,000 OGO tokens) will be burned from the Ecosystem Reserve and 6% of Total OGO Supply (60,000,000 OGO tokens) will be burned from the Foundation Reserve.

The first OGO Burn will take place today(Jan 29th, 2020) and in total of 5% of Total OGO Supply (50,000,000 OGO tokens) will be burned. After the burn, details will be updated via our official communication channel.

https://medium.com/@origonetwork/token-burn-15-of-total-ogo-supply-will-be-burned-e32e093a0348

Best,
Origo Foundation