Re: 🎥 PureVidz.net: Decentralized Streaming WebTorrents 🎥 VIDZ - Trading Now 🎥
I wonder what will be the buyback amounts compared to pos dillution of shares
After some quick searching the amount even medium size sites like this can make is something to look forward to. The POS is like what 5% - 10%? So 10% of 85BTC annually needs to be brought back.
8.5btc buy backs per year to cancel POS 'dilution' needless to say that is close to nothing and also nothing to be even the slightest bit concerned about when taking into account....
A, The potential earnings of said site.
B, The above is not taking into account, coins will be burned as well as buy backs which makes the POS even less of a concern not that is was anyway.
C, This is going to the moon if they complete their milestones.
How much of profits will be used to burn Vidz and buy back Vidz from the market?
I advise you read the white paper and do your own due diligence. From what I have read and understand there will be different ways of earning with the site. VIP earnings, memberships purchased via fiat gateways, 60% of them profits will be used to buy back vidz and send them to a burn address.
Advertisement earnings will buy vidz from the exchange and burn 50% of what they buy from the sites advertising profits
I would suggest you read the white paper to fully understand what you have invested in here lol It is not a difficult read and I've had to do it like many others.crazy to think where this coin could be in a couple of years if it becomes even a 1/4 of the size of the big boys.burn burn buy buy, the more they buy the more the value of VIDZ becomes the more they burn then even more higher the price will go. i have put a small buy on exchange if anyone wants to sell to me lol