Buyback & Burn
68,925,643 $GALEON burned
$GALEON is a deflationary token. Initially, there were a maximum of 4 billion tokens, and 68,925,643 (as of October 16, 2026) $GALEON have been destroyed ("burned"). This figure is read directly from the blockchain: it is the balance of the burn address 0x…dEaD, where burned tokens can never be moved again.
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"?
Hospitals are no longer the only source of burns. Since December 2025, the $GALEON spent on customization items in Atlantis (avatars, relics…) is burned: a first burn of 57,419 $GALEON came from these purchases on December 3rd, 2025 (announcement). The Atlantis shop is paused during the MiCA transition and will reopen afterwards.
The Galeon team is creating further 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
Every burn since the first hospital, with its transaction on the blockchain. The first hospital, Les Bluets (Paris), was deployed in two stages — obstetrics & gynaecology, then inpatient care — and each stage gave rise to its own burn.
| Date | Event | $GALEON | Transaction |
|---|---|---|---|
| January 8, 2026 | 19th hospital · Libourne, and Pink October | 1,042,852 | 0x15db…809c |
| December 3, 2025 | Atlantis purchases (avatars, relics) | 57,419 | 0xc55e…45bf |
| May 26, 2025 | 18th hospital · Cherbourg | 678,281 | 0xb106…8bd8 |
| April 29, 2025 | 17th hospital · Saint-Joseph, Marseille | 5,598,171 | 0xc19c…9867 |
| November 2, 2024 | 16th hospital · Montceau-les-Mines | 395,399 | 0x3905…fd65 |
| October 24, 2024 | 15th hospital · Autun | 421,824 | 0x9730…a356 |
| October 21, 2024 | 14th hospital · Sainte-Foy-la-Grande | 448,038 | 0x7382…957b |
| June 21, 2024 | 13th hospital · Chalon-sur-Saône | 366,429 | 0x6f0b…7e87 |
| January 17, 2024 | 12th hospital · Toulon | 577,819 | 0x04b4…7492 |
| January 12, 2024 | 11th hospital · Hyères | 570,885 | 0x9356…6f5e |
| January 10, 2024 | 10th hospital · Rouen University Hospital | 685,351 | 0xe59a…5988 |
| May 1, 2023 | 9th hospital · Caen University Hospital | 553,298 | 0x4c1d…80e2 |
| March 26, 2023 | 8th hospital · Sud-Francilien | 504,830 | 0x7f5e…b5c0 |
| March 5, 2023 | 7th hospital · Arpajon | 570,270 | 0x4851…7f10 |
| January 30, 2023 | 6th hospital · Sarlat | 461,388 | 0x6a66…645d |
| January 7, 2023 | 5th hospital · Bergerac | 444,871 | 0x40e5…0c66 |
| December 22, 2022 | 4th hospital · Périgueux | 470,206 | 0xe138…3a5e |
| November 29, 2022 | 3rd hospital · Orsay | 486,671 | 0xc346…19f0 |
| November 10, 2022 | Unsold ICO tokens | 52,748,156 | 0x2843…e82c |
| November 4, 2022 | 2nd hospital · Longjumeau | 570,671 | 0xc711…9ace |
| October 16, 2022 | 1st hospital · Les Bluets, Paris · inpatient care | 631,083 | 0xaef0…fc99 |
| September 19, 2022 | 1st hospital · Les Bluets, Paris · obstetrics & gynaecology | 641,717 | 0x095f…16ee |