Quote from: Bakul_cacing on October 17, 2018, 01:31:57 AM

on the website, Trade CYRS Freely on More than 10 Cryptocurrency Exchanges

how Telescopia competes in the market

Hi Bakul,

Thanks for you interest in Telescopia, I will answer your question as much as I can.

A token holder can register in the system as a provider. The provider can become a participant in the system by holding an amount of 10000 CYRS per telescope. The provider is payed in CYRS for participating in Telescopia and meeting technical requirements. The provider as well as any other CYRS token holder is eligible to fully dispose of the tokens.
Any Telescopia user may lease his tokens or rent them out to other Telescopia users. If a CYRS token is leased, the lessee acquires the right to use the token like users and providers do. The lease is ensured by the smart contract. Lease price is based on market conditions.
The CYRS token price is backed by the profitability of services rendered by the provider and Telescopia for the telescopes registered for 10000 CYRS, as well as by CYRS token turnover.
As the usage of Telescopia grows, CYRS will be backed by more real assets (telescopes).

I hope this answers your question.