Post
Topic
Board Tokens (Altcoins)
Re: [ANN]⭐⭐⭐[ICO] CRYPTECTUM - THE SWISS REAL-ESTATE CRYPTOFUND [ICO]⭐⭐⭐[ANN]
by
bitminerox0621
on 25/05/2018, 12:02:33 UTC
Hi there

looks like a great projects.Could you please explain to me, how the incoming money is distributed and how I best make Fiat money out of it ?

Thanks,
CN

Hello,
with the incoming money we buy tokens on the market and then we destroy (burn them). So there are less and less tokens on the market which results in a rising token price. Alternatively we invest the incoming money in new properties or we distribute Ether as a dividend.
You can make Fiat money by selling your tokens on an exchange.

Hi.   But I think that it will be much better if I sell ETH, which I will receive as a deviant. In this case, the tokens will remain the same number, is not it?
Do you plan to set specific percentage for the distribution: payment of dividends, purchase of tokens and investment in real estate.
Thanks

If we distribute ETH, the number of tokens will be the same. We didn't set so far a percentage for each distribution, we don't know how many tokens at which prices will be available on the exchange.

Yeah, I see. It is probable that the interest rate (of funds distribution) can have a volatility, depending on the exchange rate of the token on the exchangers. It is likely that regulation in this way can be an effective solution. However,  need a foundation, from which it would be possible, would be repelled. I think that you will find a way.

I agree with this argument,as we know local laws needs long time to be formulated. This is a long shot project but it is possible. But given the volatility and other factors surrounding cryptocurrency it will take a long time..