Sekuya is set to execute its first official SKYA token burn on July 25, 2025, marking the launch of the Sekuya Burnsystem—a progressive mechanism designed to gradually reduce the total SKYA supply by up to 50%, reinforcing scarcity and long-term token value.
This first burn is triggered by the SKYA market cap reaching $2,500,000 for the first time after following the official announcement made on July 19, 2025.
The total SKYA Supply Across Three Chains
SKYA operates across three major blockchain networks: Ethereum, Base, and BNB Smart Chain. The token supply originates on the Ethereum network and is then bridged to Base through SingularityDAO and to BNB Chain via Chainlink. This cross-chain structure ensures broader accessibility while maintaining Ethereum as the source of truth for total supply.
- Ethereum (ETH): https://etherscan.io/token/0x623cd3a3edf080057892aaf8d773bbb7a5c9b6e9 with 866,750,681 SKYA
- Base: https://basescan.org/token/0x623cd3a3edf080057892aaf8d773bbb7a5c9b6e9 with 128,914,844 SKYA
- BNB Smart Chain (BNB Chain): https://bscscan.com/token/0x84e9aae2081ad3135ec82496c31e5658a31b9756 with 4,245,186 SKYA
The initial total supply of SKYA is 1,000,000,000 tokens. The burn will be executed on the Ethereum chain, which serves as the primary source of SKYA tokens. All SKYA smart contracts have been fully verified and audited by Hacken through SingularityDAO, along with an internal audit conducted by Chainlink to ensure maximum security and transparency.
On-Chain Supply Reduction Using burn() Function
Unlike traditional burn methods that rely on sending tokens to a dead address (0x000...dEaD), Sekuya uses the smart contract’s native burn() function, which directly reduces the total supply on-chain. This method ensures that every burn is verifiable, auditable, and transparent, providing the community and investors with clear, irreversible proof that the supply has been permanently reduced.
Burn() function: https://etherscan.io/token/0x623cd3a3edf080057892aaf8d773bbb7a5c9b6e9#writeContract
What’s Next
This initial burn marks the first milestone in Sekuya’s long-term commitment to a healthy and sustainable token economy. Future burns will be triggered as SKYA hits new market cap milestones, in accordance with the roadmap of the Sekuya Burnsystem. Each burn event will be executed transparently using the same on-chain mechanism and announced publicly to ensure full accountability.
About Sekuya and $SKYA
Sekuya is a Southeast Asian gaming and entertainment company that emerged from a strong grassroots community on February 19, 2022, and has continued to build for over 1,000 days. Despite rejection from over 200 venture capitalists, it secured support from investors in Dubai, Singapore, and Japan. Sekuya creates original IPs—characters, webtoons, and music—and integrates them into gaming, racing, and cultural collaborations.
The project has partnered with brands like Coca-Cola, Volkswagen, GT World Challenge, Radical Motorsport, EVOSesports, MRT, and over 30 others, pushing creative activation in both the Web2 and Web3 spaces. Sekuya also co-owns IP characters through Tale X with Museum of Toys.
Sekuya also works closely with Indonesia’s Ministry of Creative Economy (Ekraf) to co-create IP-focused national events like Indonesia Game Week 2025 and Web3 Racing Legends. This partnership supports the development of local creative industries through gamification, web3 integration, and character branding.
Its native token, $SKYA, has a total supply of 1 billion and features a deflationary model targeting a long-term burn of up to 50% of the supply. Built on Ethereum and bridged to BNB Chain and Base, $SKYA powers the Sekuya ecosystem, particularly through the ALICE platform supporting RWA, loyalty programs, and gaming.
$SKYA has been actively used for real-world and digital utility such as purchasing Digibadges for events like IGF, IGW, Gamecomm Roadshow, and loyalty rewards for brands like Steakloin and Radical Motorsport. It is also used for mental health donations via Halomiyu and RWA product purchases, such as a Suzy Mining Machine collaboration with ATT. Sekuya’s long-term vision is to achieve mass adoption through Web3 innovation while staying rooted in Southeast Asian culture and creative collaboration.
