The token burn happened on 1 January 2023, and it is the final one for 2022. We burned 18,342,050 FUN Tokens. This represents a slightly more than 5% increase on the previous quarter and includes some of the direct costs related to gaming profits (bonuses and supplier fees).
The burn transaction can be viewed on etherscan.
Quarterly burns are part of our company roadmap and the FUN tokenomics. We’re removing from the total token supply the equivalent of 50% of our net profits from in-house gaming operations. This move ensures the growth and value of the FUN token, and we will continue with it until the FUN token is available on the market.