Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
CoffeOfficial
on 25/07/2019, 23:27:36 UTC

The coins that are printed for the leasing program are diverted to the participants and they burn the coins that the project has, that is, they thus avoid inflation.
What are the participants? What are these people who are so altruistic that in order to support the price of a coin, they can give up their coins for burning?

As I understand the project repurchase some coins from the profit and then burn this coins. There is a wallet and a lot of users of the wallet. So project has some profit from commissions.

There are more than 1.2 mln users in the wallet. So it is no wonder that EDC blockchain has profit from commissions.