Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TOKENCARD
by
Kazadar
on 19/05/2017, 17:05:32 UTC


With TKN, 1% of TX fees are indirectly given to TKN holders. Even a tiny fraction of the Visa enabled debit card annual market share of $7 trillion will make TKN very valuable.


How 1% of TX fees are indirectly given to TKN holders. I am not able to understand. Can you care to clarify more?
1% of all transactions will be stored in a smart contract. At any time you can choose to burn your tokens to receive a share of that amount.
So if there is $1 million dollers in the smart contract and you own 0.1% of the all remaining tokens, you can burn them to receive $1000.