[Big Announcement] 13,099,174 COLA Burn

13,099,174 COLA Token Burn
15% of Circulating Supply

Dear community,

We would like to inform you that Colawork project is burning 13,099,174 COLA this week, which is 100% of unlocked supply held by the Colawork Team outside the exchange, excluding the reward pool.

*We have excluded the reward pool, since this pool is specifically designed to be returned to the community through various marketing events.

13,099,174 COLA is equivalent to 15% of the circulating supply.

After the token burn, the circulating supply decreases from 87,416,000 COLA to 74,316,826 COLA.

Token burning will be conducted by sending the burn amount to the dead wallet this week.

Details on the supply change of COLA will be updated on COLA Token Supply Information after the burn.

We believe that this token burn is a necessary action the team needs to make to boost project awareness and for us to take the next step, project rebrand.

We will soon come back with more fascinating news, so stay tuned!

Thank you always for your support.

Colawork Team