# Tokenomics

Blockchain Bets ($BCB) has a total of 1 billion tokens, which can be broken down as follows:

·        882m in circulation

·        118m burned

·        41m in exchange reserves (From circulation)

## Token Sale

All tokens were released for purchase to the community at launch, with 41m being purchased and held within the Exchange Reserves for platform operations.

The token burn volume was determined based on engagement with the platform over the first month. Due to engagement being significantly higher than our initial targets, a higher token burn was completed. This resulted in close to 12% of the total token volume being removed from the circulating supply forever.

## Token Taxes and Fees

Blockchain Bets ($BCB) implements a Sell Tax on their token. There is no Buy Tax, but to sell your token you will need to pay a 5% Sell Tax. This 5% is recycled back into our marketing and development to enhance the offers we provide to our customers.
