Re: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟

Good afternoon! Currently, the Cross Coin and Starta Accelerator teams expect to receive a stake of CND tokens (as a shareholder of the company) on a special section of Cross Coin for selling the stake to a strategic investor (tokens will be under vesting for 1 year). Cross Coin expects to earn at least USD 70,000.00 from the sale of CND tokens. Management of Cindicator are conducting final calculations, after which the CND tokens will be transfered.

Can someone explain me what that mean for Starta token holders?

Any updates from dev team or info about buying back tokens from market?

I am not sure but I think they will use that money for buy back from the market.

Which amount is supposed to be used for buybacks?

Probably it will be 70,000.00 USD, but this amount is only from CND tokens sale and probably not all of this money will be used for buy back Starta tokens. Anyway as we can read later, they inform that they can not sale this tokens min 1 year.
A lot of question and unclear procedures! Developers should come here and explain what is going on!

Ok it's alright but putting $70,000.00 up to support the market isn't really worth it I would say. They should better keep it for other purposes because it's just going to be consumed within no time when you put it up for buy support.

I agree with you here. It should be made good use of.
Make the project itself promising and attractive.

Exactly and also the amount of 70,000.00 USD won't move the market a lot I think. The effect will be minimal and the money could have been used for better things.