News Update
March 16, 2020

10 Million MXC Token Burn

To further support the MXC movement, MXC Foundation has decided to burn 10 Million MXC tokens along with the on-going 9.5 Million USD Buyback.

10 Million MXC Token Burn

To further support the $9.5 Million USD Buyback plan and the MXC movement, the MXC Foundation has decided to burn 10 Million MXC tokens. This is the original script for the MXC News Update, aired on March 16, 2020.

Welcome to this week’s MXC News Update – with me! Jeff the MXC Guy. I know you’ve been waiting for what’s new – so let’s get started!

MXC to operate on Home Office Basis due to COVID-19 in Europe

Europe is entering a lockdown mode due to the recent Coronavirus outbreak. In accordance with the guideline from the Berlin government, MXC has turned to operate on a home-office basis until April. We wish everyone to stay safe and healthy! If you’re bored during the lockdown, feel free to write to us in the community! We will keep you entertained.

MXC featured on another huge AMA

Last week, MXC CEO Sheen Hu joined another AMA, where he was welcomed by more than 800 people! The market may be down, but the interest in MXC worldwide remains high! We will continue to build MXC into a global brand, no matter what happens in the market!

10 Million MXC Token Burnt

We always want to be as transparent as possible. That’s why we are revealing the amount of newly burnt tokens. From October, we have so far burnt 10 MILLION MXC tokens. This was done to further support our buyback and our community. We thank you for your continued support.

Incoming Update Patches for MXC Supernode

In the tech news, we have some exciting development happening!

Take a peak at the new way to top-up your supernode account, and the upcoming Supernode Dashboard, live in the MXC Demo server! Keep in mind this is a demo system, so don’t send real MXC to any account you create there. We’re doing a staged rollout to the rest of the community. Keep checking your supernode account to see if you have the new top-up system. The tech team is working around the clock to bring you the best and latest updates, so stay tuned!

$5000 Bitcoin Giveaway Competition

I know what you are waiting for – the WORD OF THE WEEK! For March 16, the word of the week is: (watch the News Update to find out).

Write it down, and remember it – only 2 weeks left until you get to claim your part in the $5000 Bitcoin airdrop!

And that’s it for this week’s MXC News Update! I look forward to speaking with all of you next week, and until then… stay active, get involved, and ask us questions! Because it’s only together that we can build the Future of IoT.

Take care.

Siwon Kim