🔥Buyback & Burn

59,917,226 $GALEON burned, equivalent to 898,758 $!!!

$GALEON is a deflationary token. Initially, there were a maximum of 4 billion tokens, and to date, more than 59 million tokens have been destroyed ("burned").

How does the "Buyback & Burn" work today?

With each deployment of Galeon in a new hospital, a portion of the services (equivalent to at least $10,000) is used to buy the $GALEON token from the market and burn it.

The company's growth (more hospitals deployed and especially the Blockchain Swarm Learning®) will result in more Buyback & Burn.

What is the next application of "Buyback & Burn"?

The Galeon team is creating new channels for buyback & burn with the new use cases of the platform such as the Blockchain Swarm Learning® technology.

Will there be other use cases for "Buyback & Burn"?

Of course! The Galeon team is working on new use cases for patients, caregivers, and investors.

To stay informed, sign up for the newsletter on our website.

How to verify "Buyback & Burn" transactions?

Any "Buyback & Burn" operation is carried out from Galeon's "Burn" wallet, allowing everyone to verify that the tokens have indeed been purchased on the market and destroyed.

You can find all transactions from the burn wallet here 👇

Can the 4 billion $GALEON be destroyed?

Yes, but with Buyback & Burn, the token becomes scarcer and gains value in the long term.

Buybacks are done in Dollars and the amount of $GALEON destroyed depends on the token price, so the higher the price, the fewer $GALEON will be destroyed at each burn event.

List of "Buyback & Burn" transactions to date

🔥 January 17th, 2024 - 12th hospital - Toulon - 577,819 $GALEON

🔥 January 12th, 2024 - 11th hôpital - Hyères - 570,885 $GALEON

🔥 January 10th, 2024 - 10th hospital - UH of ROUEN (Normandy) - 685,351 $GALEON

🔥 May 1st, 2023 - 9th hospital - UH of CAEN (Normandy) - 553,298 $GALEON

🔥 March 26th, 2023 - 8th hospital - Sud-Francilien - 504,830 $GALEON

🔥 March 5th, 2023 - 7th hospital - Arpajon - Sud-Francilien - 570,270 $GALEON

🔥 January 30th, 2023 - 6th hospital - Sarlat - 461,388 $GALEON

🔥 January 7th, 2023 - 5th hospital - Bergerac - 444,871 $GALEON

🔥 December 22nd, 2022 - 4th hospital - Perigueux - 470,206 $GALEON

🔥 November 29th, 2022 - 3rd hospital - Orsay - 486,671 $GALEON

🔥 November 10th, 2022 - unsold tokens from ICO - 52,748,156 $GALEON

🔥 Novembre 4th, 2022 - 2nd hospital - Longjumeau - 570,671 $GALEON

🔥 October 16th, 2022 - 1st hospital - Les Bluets - Hospitalisation - 631,083 $GALEON

🔥 September 19th, 2022 - 1st hôpital - Les Bluets (Paris) - Gyneco-Obstetrics - 641,717 $GALEON

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