Guys- So I read Borz statement in regards to XFUEL. He's stating that XFUEL will help the price of XBY not hurt it. Mainly because it pays devs to get work done. But isn't XFUEL literally just diluting my coins because we are adding coins to the market?
The money has to come from somewhere, my worry is all these coins on the market will just push continued selling pressure. As you can see the coin is not doing well in the market.
CONCERNED XBY OWNER
No. The target amount of XBY in circulation after development is 100 million. The XFUEL will not just be used to pay for all the development and marketing work that needs to be done, it also will go towards expanding the STATIC network. You will see much better what is happening here this week as we continue to roll out information.
Thank you for sharing your concerns, we understand it is difficult to see at this stage. But, continue to be patient and you will see what this man is building for the crypto world.
Dave