Tokens are burned every 48 hours based on the number of INFECTED + FATALITIES reported on.
Official website:
https://coronatoken.org/
Whitepaper:
https://docs.google.com/document/d/1uxeUCZUJyzNQchrJGxLkbWon1HagzLhgG1ApWhyKuWU/edit?usp=sharing
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https://www.reuters.com/article/us-china-health-crypto-currency/coronacoin-crypto-developers-seize-on-coronavirus-for-new-morbid-token-idUSKCN20M32A
https://www.nytimes.com/reuters/2020/02/28/technology/28reuters-china-health-crypto-currency.html
https://www.nasdaq.com/articles/coronacoin%3A-crypto-developers-seize-on-coronavirus-for-new-morbid-token-2020-02-28