SEKUYA

[Jakarta, 8 July 2023] — Sekuya, the leading community metaverse company, successfully hosted its first Triple Burn event on 7 July 2023, marking a significant milestone in the project’s development. The event saw enthusiastic participation from the community, resulting in the burning of a substantial number of SKUY tokens.During the Triple Burn event, a total of 456,954,841 SKUY tokens were burned, demonstrating the community’s commitment and support for the project. This significant burn represents a remarkable step towards enhancing the scarcity and value of the SKUY token.With the completion of the Triple Burn event, Sekuya has now burned a total of 510,520,264,710 SKUY tokens, accounting for approximately 51.05% of the total supply. This burn has contributed to creating a more deflationary economic model for the SKUY token, increasing its scarcity and long-term value.The value of the burned tokens is estimated to be around USD 1,061,881, making it a substantial reduction in circulating supply. This burn event demonstrates Sekuya’s commitment to its tokenomics and the economic sustainability of the project.“We are thrilled with the success of our first Triple Burn event and the strong participation from our community,” said Joshua Budiman, CEO of Sekuya. “This burn not only strengthens the value proposition of the SKUY token but also showcases the dedication and support of our community members. We are grateful for their ongoing involvement and belief in our vision.”The Triple Burn event represents a crucial step in Sekuya’s journey towards building a vibrant and sustainable metaverse ecosystem. The project continues to focus on developing innovative solutions and creating immersive experiences for its growing community.

Sekuya Marks a Milestone with First Triple Burn Event, Burning Over 456 Million SKUY Tokens

SEKUYA

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