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Triumph-X Token, TRIX Burn Announcement

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Coinness reporter

Fri, 19 Mar 2021, 05:55 am UTC

Triumph-X, the first cross-chain NFT marketplace developer has announced that they will burn the entire amount of profit of February that occurred from ENFTEE.com.

ENFTEE is a platform that issues NFTs in various forms, such as art, sports, and characters, targeting global users.

Including ENFTEE's recently sold Rookie Digital Artists Series, Rosa Fantasy (Kim Hong-mo)'s ‘Rock & Robot’ edition has been sold and the TRIX token used for purchase of these NFTs will be burned. The entire profit of the month of ENFTEE launch is expected to be burned. The burn of TRIX is intended to stabilize TRIX’s eco-system circulation structure.

ENFTEE is preparing to release art works of famous domestic artists, sports cards of famous sports players, and NFT character. It is expected that the company will move forward with the burn of all profits in February. ENFTEE is a BETA version and is undergoing a testing stage for holders in the existing community without extensive external marketing. The plan to burn TRIX of profits generated during the one-month test period is expected to have a positive effect on the TRIX ecosystem.

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