Quote from: doggie on October 20, 2018, 04:05:25 PM

Quote from: nof21 on October 20, 2018, 03:55:56 PM

Quote from: doggie on October 20, 2018, 03:43:30 PM

Quote from: nof21 on October 20, 2018, 03:35:56 PM

Quote from: doggie on October 20, 2018, 03:30:27 PM

As I understand it, they are going to realize the redemption of their tokens. But what's the point? If the task of the project is to force users to buy these tokens and trade them on the exchange?

You do not quite understand the mechanics of work. Redemption at the initial stage will allow to form a jackpot lottery, as well as stimulate the growth of the coin rate on the stock exchanges.

So thats the point of ransom? To form a jackpot pot? What about the budget for a buyback? Where will the funds come from for the redemption of tokens?

That is why it is at this stage that crowdsale will be produced. It is on the money raised that the redemption of tokens will be carried out. It is planned to spend 40 million dollars for this.

Now I understand, thanks. Actually it looks very funny. They sell tokens, then buy them back. I understand what this is done for, but it still looks funny.

Probably yes, but if it can influence the growth of the coin, then an excellent strategy. Growth course will attract more attention to this project and will help advancement.