Dear community,

In order to further promote the ITC mainnet upgrade and token swap project, strengthen and promote the IoT Chain network decentralized ecological construction, the IoT Foundation will destroy 5,000,000 ERC20 ITC in advance, reducing 5% of ERC20 ITC; At the same time, this part of the ITC will be swapped to the mainnet ITC for the mainnet upgrade operation.

Thank you for your concern and support.

IoT Foundation

July 16, 2019