Post
Topic
Board Announcements (Altcoins)
Re: [DAR] Darcrus | Blockchain Database Startup - Enterprise, Everywhere
by
estanis
on 05/03/2017, 17:44:20 UTC
Hi,

 Could someone explain what is the token for? Is it just to support the project and its value depends on the buybacks? It will be used in the implementation of dAppsheet and will be burnt?

 I don't really understand how the token will increase the value...

Buybacks will take Darcrus of the market, the Darcrus that are bought back will be burned.

So burning the Darcrus means less of Darcrus tokens into circulations, means a higher price per Darcrus.

Higher price if the amount (btc) of the buyback is significant...

is it the amount of buybacks fixed? will the token have any other use?

Buy backs are 10% of the net profit of the company.

No other uses.

Buy backs will continue till all darcrus are burned.

Thanks! Looks promising! Grin