Author

Topic: 20% of circulating supply timelocked by committed community members. (Read 101 times)

member
Activity: 333
Merit: 11
Today the BitcoinSOV (BSOV) community has reached a milestone which nearly no one expected would happen!



The token holders of BitcoinSOV have voluntarily locked away over half a million BSOV tokens which with the last week's price would total 50-100 ETH.

According to the SovCube timelock contract, after 29th of January 2020, only 1000 BSOV can be withdrawn each week. This will take nearly 4 years for the biggest holder to withdraw all their BSOV.

The timelocking token holders do not get any incentive or reward, other than that they provide a higher ratio of Proof-of-Commitment (PoCom) to the BitcoinSOV cryptocurrency.

BitcoinSOV is mineable by work. Committed by community and Deflationary by design.

You can join our committed community:
Telegram group: https://t.me/BitcoinSoVCommunity
News: https://t.me/BSOVnews
Jump to: