Post
Topic
Board Announcements (Altcoins)
Re: 🔥🔥[ANN]Catex.io-Transaction Mining Exchange-105%Trans-Mining Fees Returned🔥🔥
by
gembira
on 05/03/2019, 22:08:54 UTC
Do you guys have a discord group?

Can't find one.

It's on the first part of this thread. Just above and you can see it. Anyways here it is an invite link. Smiley

CATEX Discord Channel
A i understand you sharing up to 90% of profit among token holders. But are you sure than rest 10% will be enough for keep exchange working (salary for staff, taxes, rent offices, servers etc. and some profit for oners) ? And how this dividends will be paid to token holders? Weekly or montly or quarterly?
That all teams have thought ahead even though they only hold 10% of tokens, if for other payments they may already have a reserve fund.

But where they got this resere fund? As far as I understand they didn't have token sale and tokens just trading on their exchange but price is very low. So as I understand they launched exchange for their own money? How many total tokens here? And where I can see how many in circulating right now and how they will be issued?

767 million is the circulating supply accordingt to their pinned message on Telegram. Don't be upset. Price of tokens nowadays are low, that's nothing to worry about.

Total supply is at 2 billion. You might check their CATEX Telegram here if you are still having doubts.
https://t.me/catex_group


Supply seems to be very high but now there in ICO stage but every company will set some high token in order to reach their hardcap, after reaching hardcap they might burn the rest of the coins. In catex there are listing some good potential which help the exchange to get more reputation in the market.

Is their ICO ongoing now? So why the tokens trading on their exchange already? And what price of the token on ICO?
And if their issued 767 mln of tokens, so how many other tokens will be intented for ICO and how the rest tokens will be distibuted and when?
As i understand correctly people will be receive dividents in their tokens, right?