[Blockchain Today Reporter Jihye Han] Blockchain-based real-life payment platform AllmediCoin (AMDC) has decided to burn 24.5 billion coins, 50% of the issued coins.
AllMediCoin is a payment coin used in healthcare, shopping tourism, and the public sector. Allmedi is focusing on building a service support and business model that can be used in real life in line with the rapidly changing world.
According to a company official, the timing of the coin burning is scheduled for the end of March, and through this, the token value and token economy are expected to improve positively.
The Value Group, which is promoting the AllMedi Coin (AMDC) project, signed an MOU with Korea’s Bitkmon Exchange to jointly develop additional services on March 21st. In conjunction with these strategic management activities, the decision to incinerate will be interpreted as a business activity for AMDC’s continued growth.
An official from AllMediCoin (AMDC) said, “We plan to carry out active management activities to improve the continuous business platform, and we are preparing a global exchange business in Vietnam to reinforce the foundation’s profit model.”
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