Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XDRAC] - Drac, a safe coin for a daily use
by
tomkat
on 27/02/2017, 15:21:22 UTC
so you will only be sold on the exchange and after that go to bring BTC without redemption, so?


well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.



I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

Questions:
-if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
-what will be the incentive to buy the 94%?
-how are you going to generate the profits?