- Milestone Achievement as The Number of Customers
- Milestone Achievement as Assets Under Management(AUM)
HelloGold, an Ethereum-based and gold-backed project, announced the burning of its HGT token per its milestone achievement, according to its latest blog.
The Malaysian-based project stated that HGT will be burned, based on the number of customers and Assets Under Management(AUM) .
While the total supply amount of HGT token is 1 billion, its active holder is currently more than 16,000, according to its whitepaper and blog.
HGT, listing on major crypto Exchanges such as HitBTC and Gatecoin, currently has a market cap of about USD 8m.
Customers: AUM:
50mill customers – 10 million HGT(Burned) – 50,000 kg
10mill customers – 10 million HGT(Burned)- 10,000 kg
1mill customers – 10 million HGT(Burned) – 1,000 kg
500k customers – 10 million HGT (Burned)- 500 kg
100k customers – 10 million HGT (Burned) – 100 kg
https://medium.com/hellogold/announcing-new-hgt-feature-954f6cc1916c
https://tokennews-hk.com/project/hellogold-analysis-pre-release/