Quote from: ArminH on November 12, 2017, 06:48:04 PM

Quote from: densuj on November 12, 2017, 12:25:47 PM

Quote from: raudisomiya on November 11, 2017, 07:38:19 AM

Will the company buy its tokens off the market?

We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges.

Sorry I don't get this point.
Exchanges depend on supply on demand, so why should there be a difference in price? And if so, why should viabet buy the more expensive coins?
Sounds like new buyers pay the profit of old holders (ponzi?)

Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.

The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.

If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.