It's official. FTS Coin has burned 1,000,000 of the original premine. Effectively changing it's current circulating supply from 2,445,345.072 to 1,445,345.072 FTS Coin and the remaining premine coins held by FTS Management LLC (300,000) now only represents less than 20% of the total current circulating supply, and that ratio will be quickly shrinking further. Any other coins from the premine were paid out to coders, promoters, developers, advisors etc that have helped get FTS Coin to the place its currently at
To see how you can personally confirm the 1,000,000 coin burn, validate its authenticity and forever monitor it's legitimacy please check this link
https://ftscoin.xyz/burnwallet.htmlAlso, FTS Team, the folks behind the development of FTS Coin and many of it's supporting software is in the process of acquiring it's own exchange. This is an already existing exchange that we will be taking over, purging the DB for, switching servers and changing over all the passwords etc, then re-launching under new ownership with trading fees next to nothing :smile:
I promised to never dump on this community, hopefully the 1,000,000 coin burn will help reward folks loyalty and prove my own loyalty to this community. I also promised a good exchange, one has yet to present itself after almost 18 months, so now I will personally bring you a good exchange