Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] FinTab – The Accounting System for Cryptocurrency Portfolios
by
californybit
on 04/01/2018, 08:57:13 UTC
Guys, in your opinion, is buying company’s coins in the secondary market profitable? I’ve just thought that FinTab will spend a significant part of its income on making FNT rate to be high in the secondary market. This may lead to the fact that the company just won’t have enough money to maintain stable operation of the service.
Nobody told about the fact that FinTab is going to buy the coins in the secondary market in order to burn them. The process of burning will be arranged in the following way: the coins coming as payment for month subscription and system of signals will be burnt.
Does it mean that if I spent 50 FNT on the platform they will be burnt?
Not exactly. 90% of the coming coins will be burnt and 10% will be allocated to the FinTab team.
I’m wondering for what purposes does the company need to get 10% from every transaction for itself? Why not burn all the tokens coming as payment?