Post
Topic
Board Tokens (Altcoins)
Re: [ANN][TGE] Jarvis - Hybrid multi-asset exchange | Token with revenue
by
aveon
on 20/11/2018, 21:54:42 UTC
Hello, I see that you have a buyback program, could you please tell me how this program will work? And also how much is your softcap?

Hello!

So there will be two programs: one to refill the strategic funds, and one for destroying tokens. Destroying token is to reduce the total supply; it will be done with not more than 5% of the profits, and not more than 3% of the token per year. It will increase the revenue per token; refill the strategic fund will help the fund tokeep distribute token to partners, influencers etc.

Still, can you tell us what are your soft cap and hard cap and at what stage you are now in terms of money raised. The success of any project starts from the funds collected, right?