kambria token supply update graphic

Greetings Kambria Community, our Kambria token disablement update is here!

It is with great pleasure that we announce our tentative token disablement schedule. On Monday December 23rd at 8PM PST (UTC-8), we will send 100 million KAT tokens to a burn address, where they will be permanently disabled and no longer considered a part of our supply. This marks the first of a total 1.2 billion KAT to be disabled over the course of the next year. For more information on our token disablement program, please visit our Token Supply Update article, which you can find here. 

Moving forward beyond that, we will burn the remaining 1.1 billion KAT in quarterly increments throughout 2020. To remain completely transparent, we will announce the dates and amounts of each disablement as the time approaches. We look forward to the coming year, as we continue to implement new strategies to strengthen our token economy and developer communities. For more information on how we plan to improve the Kambria Platform, and what we plan to do over the next year, check out our updated Kambria Roadmap.

Additionally, this evening, we will release the rewards for our VietAI Summit 2019 contests, as well as our most recent AMA rewards with Atomic Wallet. If you took part in these contests, be sure to check your wallets for your rewards. Don’t spend all your KAT on one robot! 🤖

As always, thank you for your support. We wish you a happy and safe holiday.

All the best,

The Kambria Team

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Kambria is the first blockchain project to build an open innovation platform for frontier technology. We are focusing first on the AI and Robotics vertical with the backing of our well-established robotics company, OhmniLabs. Through existing partnerships with top universities and large international corporations, as well as access to talented developers, we aim to build an ecosystem that can bring the next wave of frontier technology to provide value to billions of people around the world. Kambria - Accelerating Frontier Technology

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