Startup Pitch CO-WINNER
Blockshow Asia SINGAPORE 2019
AIBC Tech Startup WINNER
AIBC Summit MALTA 2019
Best Startup WINNER
Miami Blockchain Week 2020

We officially burned
72,000,000 GHX!

GamerHash burned 72,000,000 GHX to limit its supply. We did it in 7 stages, starting in December.

BURNING STAGES:

Token burning is a well-known mechanism to limit the Total Supply. With burning the GHX’s team proved its own commitment to long-term project development and willingness to make GamerCoin a native token for gamers - especially in the times of metaverses. Burning also incentivizes project investors - with the same market capitalization and less tokens on the market, it benefits GHX hodlers.

WHY BURNING TOKENS?

Token burning is a well-known mechanism to limit the Total Supply. With burning the GHX’s team proved its own commitment to long-term project development and willingness to make GamerCoin a native token for gamers - especially in the times of metaverses. Burning also incentivizes project investors - with the same market capitalization and less tokens on the market, it benefits GHX hodlers.

HOW DID WE BURN OUR TOKENS?

TOKEN BURN INFORMATION

The tokens came from various pools, mostly from the GamerHash TEAM pool - from Founders.
The process consisted of several rounds of token burning with a monthly interval which started on the 29th of December with 12,000,000 tokens.

after
880
milions
Base GamerCoin
supply
after
72
milions
GamerCoins
will be burned
after
808
milions
GamerCoin supply
after burning

GamerHash burned 72,000,000 GHX which is 8.1% of the total supply. It caused a decrease in the total amount of GHX from 880,000,000 to 808,000,000.

About GamerCoin (GHX)

GamerCoin (GHX) is the first licensed (EU) token for gamers. Native utility token of GamerHash platform, used by over 660,000 users, who mine crypto with gaming PCs. We are focused on gaming, digital goods & NFT’s marketplace. More details

Our office:
Malta
Dragonara Business Centre
5th Floor, Dragonara Road
St. Julians STJ 3141