Biopassport to Burn 20 Million BIOT Today The Biopassport (BIOT) project announced on its official Medium page today that it will burn 20 million BIOT over a 10-day period, starting immediately. This burn is intended to improve the value of BIOT by reducing the circulating supply. The burn will be conducted through a series of transactions, with 2 million BIOT being burned each day. The first burn transaction has already been completed, and the remaining 19 transactions will be completed over the next nine days. In addition to the 20 million BIOT burn that will be completed over the next 10 days, Biopassport has also announced that it will burn an additional 20 million BIOT within the next month. This additional burn will be conducted in a similar manner to the current burn, with 2 million BIOT being burned each day. The Biopassport team believes that these burns will have a positive impact on the value of BIOT. By reducing the circulating supply, the burns will make BIOT more scarce, which should lead to an increase in price.