Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
by
aquacharls
on 13/09/2018, 18:09:42 UTC
I have read that EMP will have a safe box. Is it reserved funds or something else?
In general, safe box combines reserve funds and money safe fund
Can you tell in more detail about it?
EXA reserve funds are kept in a 10% non-distributive distribution when token issuance, and the coins recovered from the wallets of the users who are judged by an audit committee are be kept.
what are the functions of these funds?
The EMP Reserve Fund changes 1% of EVE coin which is created during the initial ICO fund to EMP and keeps it. This is used for the reward for an audit committee.
and money safe fund?
Fiat Money, which flows in through the marketplace, is kept in the Money Safe Fund and is invested in risk free asset of financial institution which is chosen by Every media platform.
with what purpose?
Since DApp service will be launched in many different languages in the future, various Fiat Money for each country can flow in. Thus, it can be used to acquire business liquidity when trading EVE coins.