Post
Topic
Re: [ANN] Instant Access Medical - The point of consensus
by
katherine_eth
on 18/10/2018, 14:51:05 UTC
What is the purpose for holding reserves?

Hi! Thanks for the question!

The function of the iAM Reserve is to ensure sufficient additional liquidity to power the healthcare token economy. Tokens are sold to Enterprise Partners at a convenience premium over the market price and are used to pay for access licenses and to transact with the platform governed by their service contract. When iAM collects tokens from the enterprise partner for use of the platform, the iAM reserve is replenished. Thus a key element of the Token economy (expressly velocity) is established. Liquidity is ensured by the iAM Reserve maintaining adequate token levels, with top ups (or sell offs) made possible at external exchanges.

That's quiet right to hold liquidity reserves - I have seen several projects that don't have an exact plan of serving the platform, they just release the whole amount and can't answer about serving liquidity. IAM seems to think about functioning, not just 'funding'. That's great Smiley