Ninjastic
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Board Announcements (Altcoins)
Re: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵
by
CrypticBabe
on 24/01/2019, 17:38:28 UTC
Quote from: ganeshramk on January 23, 2019, 09:13:37 PM
Quote from: ning_aric on January 23, 2019, 07:29:05 PM
Quote from: Pricebrianer on January 23, 2019, 01:46:33 PM
Hello everyone, here is another exciting update from COVA.
Covalent kicks off 150MM COVA buy-back program. https://t.me/covalentofficial/113477

Wow. That’s great.
Covalent team would start the tokens buy back today on the first stage of the tokens buyback. It’s going to last for the next five days. Tokens up to 50 million  would be used to setup the COVA dApp Ecosystem Fund.

When did they sell their tokens? Now they are going ahead with buyback. Buyback from whom?
Their were private investors! and team released some token on market through the BITMAX Airdrop and sold some when they first came in the market! in simple word they are buying back from circulating supply!