BigONE Has Completed 2020 First Quarter ONE Repurchase and Destroy

Dear BigONE users,

We would like to introduce the situation of ONE Ecosystem profit and our plan for the repurchase and destroy ONE in the first quarter of 2020.

According to BigONE Repurchase and Destroy ONE Plan, BigONE has calculated the 2020 first-quarter profit of ONE ecosystem on April 11, 2020. 

Up until 12:00 (UTC+8), April 11, 2020, we have repurchased and destroyed 66,086,429 ONE.

You can verify with the following link:

https://etherscan.io/tx/0x901fd6189a84bb50087fe41b5efd70a693601c121f8a71c9b219f87cf608b65a

We will continue to calculate the profits of ONE ecosystem every quarter to repurchase and destroy ONE.

More info about ONE destroyed is as follows.

Total Supply：

After the first quarter's destruction, we’ve destroyed 6,763,413,348 ONE. The total supply now is 13,236,586,652 ONE. Compare to the initial 20 billion total supply, ONE has deflated by 33.82%.

Destruction Record

• 「Voting for Listing」Destroy

1. The first round of Voting for listing destroyed 49.71 million ONE 
2. The second round of Voting for listing destroyed 16.2 million ONE
3. The second round of Voting for listing destroyed 8.6 million ONE

• 「Repurchase with 100x Price」and Destroy

1. The First Round of Contribution Points Exchange Destroyed 1 million ONE 
2. The Second Round of Contribution Points Exchange Destroyed 1 million ONE
3. The Third Round of Contribution Points Exchange Destroyed 1 million ONE
4. The Fourth Round of Contribution Points Exchange Destroyed 1 million ONE 
5. The Fifth Round of Contribution Points Exchange Destroyed 1 million ONE
6. The Sixth&Seventh Round of Contribution Points Exchange Destroyed 2 million ONE

• Early Destruction：

1. July 3, 2018, 1.1245 billion ONE destroyed
2. December 19, 2018, 5.3669 billion ONE destroyed

• Quarter Profit Repurchase and Destroy：

1. July 25, 2019, Quarter profit repurchase and destroy 34,925,813 ONE
2. October 17, 2019, Quarter profit repurchase and destroy 32,006,679 ONE
3. January 19, 2020, Quarter profit repurchase and destroy 41,401,274 ONE
4. April 11, 2020, Quarter profit repurchase and destroy 66,086,429 ONE

• ONE Eco Fund Repurchase and Destroy：

1. August 12, 2019, repurchase and destroy 15 million ONE

Destruction Types

• 「Voting for Listing」Destroy: Destroy the ONE voted for the listed projects
• 「Repurchase with 100x Price」and Destroy: Destroy the ONE exchanged
• Quarter Profit Repurchase and Destroy: Destroy the ONE repurchased with quarter profits
• ONE Eco Fund Repurchase and Destroy: Destroy the ONE used to repurchase in order to build the ecosystem

There will be more destroy types in the future. Please wait patiently.

Based on the blockchain spirit and in order to achieve a win-win situation with our users, we will continue to provide better exchange services. BigONE is willing to work together with you to achieve the value realization of the blockchain and ONE!

Thanks for your continuous support and love. 

BigONE Team 

April 11, 2020