Hi, please clarify this for me.
https://medium.com/blackmoon-crypto/what-is-the-downside-protection-752bec43e417"Blackmoon Crypto will put aside 30% of all funds raised in the crowdsale. These funds cannot be used for the next 24 months for any purpose other than the buy-back of BMC tokens. "
https://medium.com/blackmoon-crypto/the-bmc-token-d027a0b35cc"30% of the BMCs will be allocated to the Company reserve and locked for a minimum of 36 months. This reserve is a source of the Companys income after the Distribution Period."
Are we talking about the same pool of reserves? I don´t understand the difference in the period - why do you set it differently and not just 24 month for both? Is this a part of some financial calculation that an extra year will generate enough revenue from BMC tokens?
Thanks!
Hello KryptoEgg.
Thank you for your question.
Yes is the same pool of reserve. There is an overall hold of 36 months which also serves as the companies income after distribution period. For 24 months of that there is an active downside protection.