Voting Results of Burning TNB

2 min readAug 24, 2018

On August 16th 2018, M.I.T Foundation initiated a voting activity of “Community Voting Scheme on ONE Billion TNB” and the community will make the final decision on 1,025,728,386 TNB.

Options:

A. Burn it all.

B. Reserve it all (mining incentive).

C. Burn a portion and reserve a portion (mining incentive).

In line with the community voting principle of the human joining and capital jointing, the voting has set two buttons which are vote with signature and vote without signature. Vote with signature was calculated as 1 TNB=1 vote (valid voting result), vote without signature was calculated as 1 voter=1 vote (reference voting results).

As of 23:59 (UTC+8) August 23rd 2018, this voting activity of “Community Voting Scheme on ONE Billion TNB” has officially finished. The voting results are now announced as follows.

Voting results of vote with signature

Voting results of vote without signature

Taking into consideration the voting results and white paper agreement, the M.I.T Foundation has decided to all the remaining 1,025,728,386 TNB that should have been used for MiaoA China ecosystem migration before 23:59 (UTC+8) on August 26th 2018.

TNB Team

08.24.2018

TNB official website: https://tnb.fund/

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TNB official weibo (TNB官方微博): http://u6.gg/dWtdv

TNB official wechat account (TNB 微信公众号): TNB社区