Post
Topic
Board Announcements (Altcoins)
Re: BRO token on Waves Platform
by
Th0rest
on 11/11/2017, 15:20:03 UTC
 Is there approximate figure on profiits since founding?

For approximate I must admit we don't have those figures. Brotherhood team is very small group (couple of investors). Since token was published (distribute evenly) among investors we realized every month a buyback of tokens. Today we plan to make regular monthly buyback. As long we are making buybacks profit goes 50% in assets (GPU for mining rig) 50% in buyback (last month). When we'll make 10 orders, profit will be added to the lowest buyback. In other words this is not big project it is not even small, it is nano project. As a leader of Broterhood I decided that we let other people into this. Not to scam them (as one of the forum user mentioned above), not to make zillions of $ from crypto but to form a bond of believers in crypto.

So profit is distributed into the assets, buybacks and we plan also to invest into promising ICOs (even we are full aware of mass of more then less tricky ICO.... as you may know this ecosystem of ICOs is tricky) or maybe we'll transfer some profit into https://www.iconomi.net/dashboard/#/ but it depends of the ICN value on market.

We make profit but with nearly zero new investments and almost dead market on WavesDEX this is good news for sure. Lastly the price of BRO token depends how good Waves stands against BTC and fiat. So if Waves goes up, value of BRO token follows, same goes for downtrend. In half of year time we can expect BRO token will start to attract investors.

Thanks for your interest. In Brotherhood we trust! Smiley