We had some major things happen in the last week, such as a new website release, a major midweek announcement and a coin burn. Let’s take a quick look at each of these in detail.
In the beginning of the week we released our new website. I want to thank Lang (@itswillbeme on Telegram) for setting up this new site for us. The old site was certainly functional but it lacked that little something special that Lang was able to capture for us. I feel the new site will appeal more to potential buyers of Crypto Toolbox. Check out the new site, https://cryptotbox.com.
Then a little bit later in the week we made a mid-week announcement here on Medium. The link to that announcement is:
https://medium.com/@cryptjomoon/crypto-toolbox-tbox-special-announcement-90edcf7fb781
If you did not get a chance to read that announcement I highly recommend you take a moment and do so. In this announcement we basically stated that we are taking our tools back to being free and plan to only have a few tools that have fees or add-on purchases within them. Then we also stated in addition to using TBOX for those fess and purchases that we would also start using TBOX for advertising on a future site that we are working on creating.
That brings us to the next part of that announcement which was our plan to build a similar site to Coin Market Cap but with a focus on listing more low cap coins and offering more tools and services. We have already begun development on that site. Read our special announcement above if you want more details on that site and our plans for it.
Then to end the week and the announcement with a bang, we burned 5 Billion TBOX. We decided to do this since our VIP sales were lacking and we had been promising to start lowering the supply of our token. Going forward we will continue to burn TBOX until we get to our goal of 20 Billion tokens total supply. We will burn 50% of all paid services in the future for fees, add-ons or advertising.
Looking at the week ahead, I do not expect a lot of action or announcements. We are primarily in a development stage at this time and we are working diligently on the new CMC style site. I will try to put out some beta samples for everyone to see the directions we are moving in.
Also don’t forget all of our current tools are free. Even the new dashboard that is in our login area at https://login.cryptotbox.com, just login using telegram and you can see all the tools. Most of them also have a telegram version and the link for each is in the login area of our site.
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