Post
Topic
Board Tokens (Altcoins)
Re: [ANN][Private Token Sale] TRANSCRYPT
by
Pivo
on 30/05/2018, 09:34:55 UTC
Does the company plan to redeem tokens?
Only at the request of users.
As part of this plan, 20% of all funds collected will be reserved in a special fund, which will be created in the form of a diversified portfolio of the main cryptocurrencies. The smart contract of the reserve fund will also receive 10% of the net income of TransCrypt in cryptocurrencies every quarter. After 12 months, the TransCrypt reserve fund will be unblocked and TSR holders will have the option to exchange them for a proportional part of the reserve fund in cryptocurrencies. The TSRs redeemed in this way will be destroyed by the smart contract.