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

Author

Kambria is the first decentralized open innovation platform for Deep Tech (AI, Robotics, Blockchain, VR/AR…). Using our platform, anyone can collaborate in researching, developing and commercializing innovative ideas and get rewarded fairly for their contributions. Through partnerships with government agencies, top universities and leading companies, Kambria is dedicated to building a sustainable open innovation ecosystem to change the way we innovate and to accelerate advanced technology development and industry adoption. Together, let’s shape the future of technology where technology is open and contributing more to society.

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