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https://i.imgur.com/6nxnydl.jpg
The total supply of HADE token was reduced on Friday from 150 million total tokens to 75 million tokens, a "token burn" of approximately 75 million. After analyzing supply, demand, and our goal for HADE token to be an essential component of the marketing and development for HadePlatform.com as a media outlet, host of our artificial intelligence driven SaaS platform for investment research, and the many Dapp and blockchain-as-a-service applications we are bringing to market (such as Hade Pay), we believed that a smaller total supply would make the integration of HADE token far more meaningful as a utility token.
Prior to this decision, the Hade Platform multisig wallet owned more than 100,000,000 (100 million) of the total token supply, more than 2/3 of the total. As seen in the following link, the wallet now owns fewer than 27,000,000 HADE tokens, and the ownership percentage has increased for all current token owners.
https://etherscan.io/token/tokenholderchart/0x7b171c08d812f9c642dcf61f7e080610cbca64b3
We believe the reduced token count structure is best to support the continued growth of our business and adoption of HADE long-term. In retrospect, HADE token belongs with users of our platform, contributors of HadePlatform.com, and customers of MatriX or Hade Pay, not the multisig of Hade Technologies.
For more Information visit the links at the top or read this Hade Pay Article
https://i.imgur.com/6nxnydl.jpg
The total supply of HADE token was reduced on Friday from 150 million total tokens to 75 million tokens, a "token burn" of approximately 75 million. After analyzing supply, demand, and our goal for HADE token to be an essential component of the marketing and development for HadePlatform.com as a media outlet, host of our artificial intelligence driven SaaS platform for investment research, and the many Dapp and blockchain-as-a-service applications we are bringing to market (such as Hade Pay), we believed that a smaller total supply would make the integration of HADE token far more meaningful as a utility token.
Prior to this decision, the Hade Platform multisig wallet owned more than 100,000,000 (100 million) of the total token supply, more than 2/3 of the total. As seen in the following link, the wallet now owns fewer than 27,000,000 HADE tokens, and the ownership percentage has increased for all current token owners.
https://etherscan.io/token/tokenholderchart/0x7b171c08d812f9c642dcf61f7e080610cbca64b3
We believe the reduced token count structure is best to support the continued growth of our business and adoption of HADE long-term. In retrospect, HADE token belongs with users of our platform, contributors of HadePlatform.com, and customers of MatriX or Hade Pay, not the multisig of Hade Technologies.
For more Information visit the links at the top or read this Hade Pay Article