2nd MCT Buyback and Burn Event

Microtuber
1 min readMay 5, 2021

It’s already been a month since the first buyback & burn event was held.

This time, the Cambodian Culture Center bought 100,000 seed potatoes (250 won each).

MicroTuber will host the 2nd Buyback & Burn event.

- Buyback: May 04, 2021 — May 07, 2021

- Burn: Incineration of MCT tokens 72 hours after buyback (in accordance with the Gopax Exchange withdrawal policy)

1) Seed potatoes 100,000 units, price per unit 250KRW (25,000,000KRW total)

2) MicroTuber will purchase MCT tokens directly from the Gopax Exchange within the period from May 4 2021 to May 7 2021 and directly incinerate MCT tokens, 72 hours after the buyback.

3) After the buyback & burn event, we will disclose the details of MCT token buyback and incineration (Burning Transaction ID).

*Gopax Exchange Policy: If you deposit KRW, the withdrawal of virtual assets will be limited for 72 hours from the time when the last KRW deposit is reflected.

P.S.

The first buyback & burn event was held at 17:00 on April 5, 2021 and 1,058,191 MCT token’s buyback & burn was held at the market price of Gopax exchange.

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