Prophecy Fulfilled: Ides of March 2 MILLION token burn

Prophecy will be conducting the first periodic burn on the Ides of March — 15th — of more than 2 million tokens.

Prophecy Project
2 min readMar 14, 2021

The Ides of March is a date forever marked in history, the date Caesar fell to betrayal and the Roman Republic crumbled forever. We are marking this prophetic date with the first of our ecosystem burns, based on accumulated activity since our launch in December 2020.

How many tokens will be burned?

Prophecy will be burning 2082136.031544415343122837 $PRY tokens at an unannounced time on 15 March 2021.

2 million~ tokens of the burn have been determined to be proportional to the market activity of our supporters over the past few months since launch, including engagement with new products and services, and also represents just over 1% of our maximum supply. Burned forever.

What’s up with the 18 decimal places?

It wouldn’t be an Ides of March burn without something suitably prophetic.

031544415343122837 — these are the 18 decimals that will be added to the 2 million tokens to burn.

03/15/44 is the Ides of March date that Julius Caesar was assassinated on (March 15, 44bc)

415343122837 is the exact coordinates of Caesar’s assassination: 41°53′43″N 12°28′37″E

This will forever mark the exact date and location of the Ides of March on the blockchain through our burn event — a suitable permanent record by Prophecy.

Are these tokens gone forever?

Yep! The tokens will be triggered by a burn function in the Prophecy smart contract, with Etherscan verification posted the moment the burn occurs.

The reduced supply effect should become evident on CoinGecko, CMC, and other tracking websites shortly after the burn.

These tokens will be gone forever, instantly wiping out 1% of the max supply, making each and every $PRY token more scarce!

Thank you to our incredible community for your support and activity over the past few months — this mammoth burn is as a result of your enthusiasm, engagement, participation and ecosystem activity with Prophecy.

It’s neat we could mark it on a prophetic date, with a prophetic permanent blockchain record with our burn amount, perfectly suitable for Prophecy as a whole.

Happy burning!

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Prophecy Project
Prophecy Project

Written by Prophecy Project

Prophecy is core DeFi and crypto services, gamified and improved. Visit: https://prophecyproject.io

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