Hey there, crypto enthusiasts! If you've been keeping an eye on the blockchain world, you might have caught that exciting tweet from BSCNews highlighting some big developments at InterLink Labs. Things are indeed moving fast for @inter_link, with massive $ITLG token burns already kicking off and a fresh executive joining the team. Let's break it down in simple terms and see what this means for the project and its community.

What is InterLink Labs All About?

InterLink Labs is building a blockchain network that's all about putting real humans at the center in an age where AI is everywhere. Think of it as a platform where you can earn tokens just by proving you're a genuine person and participating through an app—no fancy mining rigs required. They use biometric checks, like face scans, to verify users and prevent fake accounts (that's called sybil attacks in crypto lingo). This setup lets everyday folks mine $ITLG tokens via simple daily tasks.

The project has a two-token system: $ITLG for rewards from node activities and $ITL for bigger uses like payments and reserves. With backing from heavyweights like Google for Startups and AWS, InterLink has exploded to over 2.6 million users, adding hundreds of thousands weekly. It's all about privacy-focused AI training on your device and making blockchain accessible globally.

The Big $ITLG Token Burn: What's Burning and Why?

Token burns are a common crypto strategy where a project permanently removes tokens from circulation to reduce supply, which can help stabilize or boost value over time—kind of like how companies buy back shares. InterLink kicked off their burn on September 1, 2025, and by September 4, they'd already torched over 100 million $ITLG tokens. This targets inactive or unverified holdings, shifting value to active users who engage with the app.

As the team puts it, this marks the start of a "sustainable value" phase, moving from wide distribution to rewarding real contributions. It's inspired by Ethereum's upgrades that burn fees to create scarcity. For $ITLG holders, this could mean better price support as the token becomes rarer. The community is buzzing, with many seeing it as a step toward long-term strength, though reactions vary.

New CFO on Board: Meet Kenneth A. Timmering

Adding to the momentum, InterLink announced Kenneth A. Timmering as their new Chief Financial Officer on September 5, 2025. Timmering is a certified pro—a U.S. CPA and Chartered Global Management Accountant—with experience expanding businesses like UFC GYM. He'll handle financial strategy, partnerships, and deals with big U.S. players and high-volume exchanges.

This hire is a big deal for InterLink's push toward institutional adoption, SEC-compliant audits, and VC ties. It's part of maturing the project, bridging old-school finance with blockchain innovation.

Other Exciting Updates and the Road Ahead

Beyond burns and hires, InterLink's been busy. They migrated servers in late August for smoother operations, launched QR payments for easy crypto-to-fiat swaps (great for merchants in places like Nigeria or Brazil), and teamed up with Qihong Entertainment for gaming integrations backed by $1 million in USDT.

Looking forward, Q4 2025 promises token distributions, a new exchange and wallet, DAO governance, global hackathons, and aims for 1,000 partners. They're even eyeing $ITL as a reserve asset, potentially alongside Bitcoin and Ethereum in ETFs.

If you're into human-powered crypto or just curious about projects tackling bots and volatility, InterLink's worth watching. Check out the full scoop on BSC.news or follow @inter_link for more. What do you think—will these moves propel $ITLG to new heights? Drop your thoughts in the comments!