Contentos COS price has been rising lately, so I looked into it and found out they burned 3.5 billion tokens. Apparently, this was an official announcement from Contentos. They say it’s to meet the total supply of 10 billion tokens specified in the white paper, and it doesn’t affect tokens circulating in the market or ecosystem rewards. Hmm, Contentos is managing this so systematically. They say it’s a blockchain content platform, but I wonder if controlling token supply like this is the right approach. Anyway, the market seems to view it positively since the price is going up. What do you think about this burn news?

COS2.31%
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