Manila Times Business
Revenue becomes Tokenomics: KGeN Burns 22M Tokens and Links $85.8M Platform to Perpetual Supply Reduction
SEOUL, South Korea, June 05, 2026 (GLOBE NEWSWIRE) -- KGeN, the verified human network powering training of foundation models of Frontier AI & and Robotics Labs, with 61.9M users across 60 countries, today launched $KGeN 2.0, a framework that permanently links its growing revenue to recurring token supply reduction. The initiative opens with a Genesis Burn retiring 22M $KGEN tokens, 10% of circulating supply, the largest single supply retirement event in the protocol's history. KGeN operates the
This is an excerpt. Read the full article at the original source:
Source: manilatimes.net
Read Full Article on manilatimes.net →More from Manila Times Business
High Great's Three Flagship Drones Redefine Global Drone Show Standards
Just now
Russian edition of Volume I of "China's Governance Under Xi Jinping's Leadership" launched in St. Petersburg
Just now
Tariff rate quota extension welcomed, further action needed to protect steel sector jobs
Just now
Teva Presents New Data on AUSTEDO® (deutetrabenazine) tablets and AUSTEDO XR® (deutetrabenazine) extended-release tablets that Show Patient- and Caregiver-Reported Improvements in Huntington's Disease Chorea
Just now