Starta (STA) Token BuyBack #1 | Technical Details
Dear Starta Token Backers,
while we are all still waiting for the lawyers to resolve the issue of transferring the CND token (our portfolio company Cindicator), we are happy to announce that we have some great news.
We have received a distribution from SNOV, which came from their participation in the Token Rockets program as well as their successful ICO.
We have been credited with 80 ETH and 1.7M SNOV. 33% of the received ETH and SNOV tokens were transferred to specifically created for this purpose Cross Coin PTE LTD wallets .
ETH have been successfully converted to BTC and Waves in the 50/50 proportion and will be further used for the buyback of the STA tokens.
SNOV tokens will be sold on the exchange once the ICO price has been reached. The received funds will also be directed to the STA tokens buyback program.
All tokens purchased in the buyback will be accumulated in a wallet created specifically for this purpose and then utilized.
We would like to draw your attention to the basic parameters of the program buyback # 1.
Duration of the program:
11:00 am (GMT +03:00 Moscow) December 19,2017 till 11:00 am (GMT + 03:00 Moscow December 25, 2017
Total amount of funds:
662.4927187 Waves
0.471665690 BTC
Distribution of funds by exchanges / markets:
Waves DEX
323.50614567 Waves / STA/WAVES
0.23759999 BTC / STA/BTC
Tidex
338.983573 Waves / STA/WAVES
0.23406570 BTC / STA/BTC
Placement of the trading orders within the term of the buyback program is not conditioned by the terms, periodicity, volumes or prices
STA tokens will be utilized
Results of the program will be disclosed.
Sincerely,
Cross Coin PTE LTD team.
And this is great news! I'm sure that now all ICO investors and Starta token holders will have good Christmas time!
Thank you for that update!