BTZ Token Supply Update -

14 January 2022

The Bitazza team has increased the limited total supply of BTZ tokens to 3 Billion from 300 million.

The users’ current BTZ holdings will automatically be multiplied by 10 on 19 January 2022, and there will be no impact on the value of BTZ previously distributed.

The updated tokenomics will be reflected on the following information:

PRICE	$0.0111 (Prev. $0.111)
FULLY DILUTED VALUATION	Remains at $33,300,000
CIRCULATING SUPPLY	412,500,000 BTZ (Prev. 41,250,000 BTZ)
MAX SUPPLY	3,000,000,000 BTZ (Prev. 300,000,000 BTZ)
MARKET CAP	$4,578,750

How did Bitazza increase the BTZ limited total supply to 3 billion and multiply the BTZ holdings of all users by 10 with NO IMPACT on Fully Diluted Valuation at 33,000,000 USD? Keep on reading to find out!

Fully Diluted Valuation (FDV) is a metric investors use to calculate a project’s Market Cap once all tokens have been issued. The FDV can be calculated by multiplying “the total supply of a token” by “the token price”.

You can see that:
BTZ previous price at 0.111 USD x BTZ previous Total Supply of 300 million

BTZ new price at 0.0111 USD x BTZ current Total Supply 3 billion

Have the same Fully Diluted Valuation at 33,300,000 USD

Figures 1 – 3. Swipe images for more details

If Fully Diluted Valuation remains the same, why did Bitazza increase BTZ total supply?

As our vision to become a global company with a presence beyond Thailand is progressing, we realized that our partners abroad require a certain unit amount of BTZ to be distributed to the locals in their respective countries despite the actual market capitalization or the fully diluted valuation.

Thank you for the faith Bitazzans have placed in our team and BTZ. Let’s bring Bitazza to the international level together.

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