Dear Starta backers,
As promised, here are the details for STA Buyback #2
Cross Coin PTE LTD has successfully received в 6,890,400 CND (Cindicator) tokens which is 33% of the total amount of CND tokens due Starta.
Buyback#2
The Buyback will be conducted in 3 stages in equal proportions on Waves DEX and Tidex exchanges.
The distribution of the tokens on the exchanges will be proportional to the average turnover.
The buyback price of the tokens will be in accordance with current market price.
All tokens purchased in the buyback will be accumulated in a wallet created specifically for this purpose and then burned.
Stage 1
One third of the received tokens (2,296,800) will be converted to BTC by October 8th.
After the conversion, the received funds will be used towards the buyback of the STA tokens taking place from November 8th thru November 15th.
Stage 2 & 3
The remaining two thirds of the CND tokens will be converted into BTC, once the CND token has reached a higher valuation.
The latest analytical research and forecasts by Cindicator management indicate that market cap lows are in place and they do not foresee these values being retested. We are all excited about CNDs growth potential.
All BTC received at Stages 2 & 3 will be used towards the STA buyback.
Sincerely,
Starta & Cross Coin PTE LTD.
Ummmm finally some light at the end of the tunnel, this shows that starta team maybe slow with the development of this project but they doing some work behind the scene to push this project forward. Like it was said many times in this thread, this is long term project, otherwise you can lose patient waiting to hear some positive update from starta team. Good advancement.