Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified
by
straystranger
on 27/07/2018, 14:29:55 UTC
Hey everyone. Foleum team has bright ideas, and i like your approach to business matters.
I would like to know, how much will be allocated for project reserve??
Hey! 4% of the FOL crystals will be allocated to the Project reserve.
So, 4% it's all the allocations that go into the project reserve? Does the Foleum
team plan an additional allocation for the reserve?
Yeap, Foleum team plan to allocate another 4% from non-Sale token allocations during the ICO for the project reserve.
Hm...are you going to buy back FOL from Crystals via profit-sharing proceeds?
Yes, that's right,  the profit-sharing proceeds from 2% of the reserve FOL
crystals will be used by Foleum to buy back FOL from Crystal holders.
And what they will going to do with repurchased crystals?