Disclaimer: Not financial advice. Always do your own research and consult a professional finance advisor before making any investments.
Only days after an incredible 185 million Vector Smart Gas was burned by a mystery holder, an official NFT burn has been announced. A recent voice chat announced that some 600 Gold NFTs will be burned.
Diamond, Carbon & Green NFTs have completely sold out, but the Vector Smart Chain Gold NFT has remained available having sold only a small amount prior to the announcement. The Gold NFT originally was created with a supply of 1000, which is now being reduced to 400.
The burn will occur when the 400th Gold NFT is minted. The reward funds previously allocated to the 600 burned NFTs will be applied to remaining 400 Gold NFTs, increasing the reward rate.
Yan also announced an NFT bonus if all NFTs are sold within 10 days from the announcement:
As of 20/10/24 1:40pm UTC there remains only 114 left before the burn begins.
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