Post
Miki57
·
--
How to burn $6.7 billion with one button: The network recalled the story from 2021, when the creators of the Shiba Inu SHIB coin decided to make a marketing move and sent 50% of all existing tokens to Vitalik Buterin.
They thought he wouldn't touch them, and it would be a sign of trust.
However, at that time, Vitalik did not choose to hold. He took 90% of the received tokens (worth $6.7 billion) and simply burned them by sending them to a non-existent address.
Forever. The remainder he donated to fight COVID in India. Later he stated that he does not want to hold such power over the project.
They thought he wouldn't touch them, and it would be a sign of trust.
However, at that time, Vitalik did not choose to hold. He took 90% of the received tokens (worth $6.7 billion) and simply burned them by sending them to a non-existent address.
Forever. The remainder he donated to fight COVID in India. Later he stated that he does not want to hold such power over the project.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
9
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number