MB8 Coin are delighted to officially confirm that MB8 have gone live on coinexchange.io.
MB8 have been working closely with coinexchange.io and other exchanges to ensure a seamless
listing process.
The decision to list MB8 Coin on both a small and medium sized exchange will allow for discovery of trading volumes and allow parameters to be checked before proceeding to list on one of the world’s largest exchanges.
It is essential MB8 Coin ensures the required parameters are met using small to medium sized exchanges before concluding a listing with a large exchange, this will help to eliminate any chance of having MB8 listing removed and help to ensure the long term success of the coin, project and ecosystem.
For extra help and guidance with the registration process please visit: CoinExchange.io
As per guidance given in MB8 white paper MB8 will now burn un-circulated coins. The breakdown is as follows:
Current Circulating Supply: 224,010,435.1701894 coins current circulating supply.
Coins being sent to burn wallet 1: 360,772,462.9521003 MB8 have been sent to burn wallet with address: MB8CoinBurnAddressXXXXXXXXXXUgsoVp. These are already removed from Circulation and can never be used again.
Coins being sent to burn wallet 2: 61,000,000.00000000 MB8 have been sent to burn wallet with address: MRzYA2pVjTvW9Gg67NJcLPVGzpwTi16Z5R. These are awaiting a soft update to the network, once this is done, these coins will be removed from Circulation and can never be used again.
Coins being sent to burn wallet 3: 4,222,882.59409456 MB8 have been sent to burn wallet with
address: MDWJsTFFhpEQvMJYmwB1GwhLHHCYN7rS9B. These are awaiting a soft update to the network, once this is done, these coins will be removed from Circulation and can never be used again.
This means once the updates are complete the new circulating supply will be 158,787,552.5760948 MB8.
This new figure includes the coins held on the Payment Node as detailed below, and any staking that has already been issued. This figure will also be progressively increasing in accordance with the staking reward.
Coins held on payment node: 19077685.980669 Coins are held on the payment node. These coins are held to honour outstanding conversions from MB8 Token from web wallets, Eurocredit plus and Eurocredit conversions that may be outstanding and any unclaimed coins will be added to the burn wallet at a later date.
With exchange listings now going live the connections and API integrations between the Multibuy Network and the exchanges will now begin and is estimated to take a few weeks to be built, tested and integrated before being rolled out live to the network of websites including Multibuy Shop, Multibuy Travel and participating retailers.
As you may already have noticed you can spend MB8 Coin in the same way as Eurocredit using it as part payment on products and services within Multibuy Shop already and this may be additionally used as part or in some cases full payment on travel destinations (Keep your eye out for a big renovation that is coming soon to the Multibuy Travel website).
The importance of API feeds from the exchanges integrating into Multibuy networks is that should MB8 coin go up over 1 Euro in the future at this point MB8 Coin will be ready and able to be accepted as full payment on all products and services offered through all platforms…..WOW
