Re: [ANN] [GLB]Globe – SHA256 Get your ASICs In - Fast , Backed, Economically Viable

Hey guys wanted to update you guys on a couple things

I sent a total of 12,000 to the GLB-HLD and GLB-STD addresses.

Also 5000 GLB has been converted into BTC (due to the auction) and has been sent to the BTC-RES-2 address and BTC-STB-2 address.

This means the equivalent of 85,650 GLB is at the reserves and price stabilization . This is again over the 50% but should average out in the coming days/weeks.

You can view a breakdown here : http://www.globecrypto.com/#where-are-taxes-going-to

Thanks
Sphere

Nice! How do you mean over 50%?

Hi ,

Remember how we take 20% tax, 50% of the tax is sent to the holds, reserves and stabilizers.

85,650 worth of GLB is stored. 142,000 Globes have been taxed aprox .

85,650 is more than 50% of all the Globes taxed. As more are created it will average out to a 50/50 split.

Hope that makes sense Wink

Also can some users switch over to http://globe.ecoining.com nerioseole is probably feeling lonely .

Thanks
Sphere

Ah, yes that makes sense. I was thinking about 50% of total globe, but that way it didn't make sense (since there is a lot more globe around).