Quote from: calvinstm on March 29, 2017, 02:09:32 AM

So I've decided to share my reasons for being extremely happy with the announcement today:

A Dummies Guide To Implications of Today's Announcement

1. Imagine this: For the next 100 years, a portion of Iconomi's revenue will be directly and continually INJECTED into the ICN Market. It means that ICN is pretty much the first cryptocurrency in the market with a guaranteed value -- The guaranteed value is equivalent to the portion of profit being injected into the ICN Market through the buyback program, and is proportional to the Iconomi's Revenue. To put it simply, assume the total revenue of Iconomi platform in the next 10 years is 1 billion USD, and 10% of that is put into the buyback program, it means ICN will have a guaranteed Market Cap of $100,000,000 USD (sky is really the limit here).

2. ICN will be the very first malicious-dumper-proofed and FUD-proofed Cryptocurrency in existence. Don't forget that a portion of Iconomi's revenue will be continually injected into the ICN market. So any ICN priced lower than the fair valuation will automatically be removed from the market, to every investor's advantage.

A very simple example: If someone owns 10% of Amazon shares, what's preventing this individual from dumping the shares all at once and buy back at a much lower price? The answer is Amazon's $5 billion USD stocks backbuy initiative. As soon as the stock price drops below its fair valuation, it will get scooped up in anticipation of a future stock buyback.

3. Not only that Iconomi's revenue will be continually injected into ICN market, ICN will also be removed from the market at a constant rate to make ICN more and more scarce. So the 2 things combined will make ICN extremely valuable - A portion of profit being injected into ICN market on a weekly basis, Removal of ICN tokens from market to make it more scarce, which translates into the following: ICN will continue to be bought back until 1) All the ICNs are gone from the market, 2) Each ICN is worth $1000 dollars (or more).

4. ICN is truly the first crypto that rewards an investor for holding it long-term: ICN's market cap is guaranteed to grow larger as time goes by. An investor of ICN is guaranteed of the following: the longer you hold, the more valuable your holding will become - because your holding's value is always proportional to Iconomi's revenue and portion of profit injected into the market. Can any other Crypto make this kind of guarantee? Grin

My take on today's announcement is this: ICN will have a guaranteed market cap equivalent to the portion of profit being injected into the market. It doesn't matter whether someone wants to maliciously push the price lower, or whether there is any demand, ICN's price and market cap will always bounce back to its fair valuation, and it's guaranteed!!!!

PS: I just wanna thank Jani and Team for taking this initiative. You guys really have the investors' best interest in mind. And I'm very happy to be part of Iconomi! Grin

Excellent post. Hats off to you good sir.