Article Summary, Automatically Generated By AI
Summary of Hertz Network
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Launch Date:
January 2021 (Telegram group) -
Token:
Hertz Token (HTZ), a BEP-20 Token -
Founders:
12 volunteers from the community with diverse professional backgrounds -
Circulating Supply:
2.25 billion HTZ -
Maximum Supply:
9.990 billion HTZ (after coin burn in February 2023) -
Token Distribution:
63% to individual accounts, 10% to development fund
About Hertz Network: Empowering a Decentralized Future
Introducing Hertz Network (HTZ): A Revolutionary Blockchain Ecosystem
Hertz Network, a community-driven initiative, embarked on its journey in January 2021 with the launch of its Telegram group. At the heart of the project lies the Hertz Swap DeFi platform, which facilitates seamless token exchanges between HTZ and other tokens on the Binance Smart Chain.
Hertz Token (HTZ), a BEP-20 token, serves as the swift and cost-effective utility token for the Hertz Network, facilitating seamless interactions.
The Visionaries Behind Hertz Network: Meet the Founders
The Hertz Network is a community-driven initiative, fueled by a diverse team of 12 volunteers hailing from various corners of the globe, each bringing their unique professional expertise to the table.
The Circulating Supply of Hertz Network (HTZ) Coins: A Closer Look
The current circulating supply of HTZ stands at approximately 2.25 billion units.
The Maximum Supply of Hertz (HTZ) Tokens: A Key Metric
Following the coin burn in July 2022, the maximum supply of HTZ was capped at 14 billion, with sixty-three percent (63%) allocated to individual accounts and ten percent (10%) reserved for the development fund.
In February 2023, a significant milestone was achieved with the burning of an additional 4.010 billion HTZ, thereby reducing the maximum supply to 9.990 billion.
Associated Resources:
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