# Choice Coin: A Solution to the Decentralized Governance Problem

**URL:** <https://forum.algorand.co/t/choice-coin-a-solution-to-the-decentralized-governance-problem/4100>\
**Category:** Governance Discussions\
**Created:** [August 27, 2021, 3:55am UTC](https://forum.algorand.co/t/choice-coin-a-solution-to-the-decentralized-governance-problem/4100 "2021-08-27T03:55:18Z")\
**Posts on this page:** 1\
**Showing post:** 62

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**Author:** ![bhaney44](https://avatars.discourse-cdn.com/v4/letter/b/e8c25b/32.png) [@bhaney44](https://forum.algorand.co/u/bhaney44)\
**Post date:** [May 9, 2023, 8:48pm UTC](https://forum.algorand.co/t/choice-coin-a-solution-to-the-decentralized-governance-problem/4100/62 "2023-05-09T20:48:39Z")

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Two Updates.

1. Market Cap on [Vestige](https://vestige.fi/asset/297995609) has been updated to reflect burns. We’re working hard to burn as much Choice as we can and have now burned over 75.00% of the supply.
2. There is a new [test application](https://www.decentralized-decisions.app/) up for betting on the NBA Finals. Pick the right team and win Choice!

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_[View the full topic](https://forum.algorand.co/t/choice-coin-a-solution-to-the-decentralized-governance-problem/4100)._