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The coin’s creators have tried marketing it as a “2019-nCoV relief effort,” the website shows, by claiming that around 20% of the supply will be allocated for monthly donations to the Red Cross. There are 7.6b tokens, representing the population of Earth, and with each case/death a token is "burned".
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“The fact that the number of tokens decreases over time, means that it is deflationary and should become more valuable over time,” the website reads. “The supply is also non-mintable, so no new Coronacoins can ever be created.”
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