A very informative AMA. Nick really answered few very good questions. Auctions stands at 90% done. so very soon first auction is going to take place. i m thinking of september as first auction launch. also they are very safe with funds etc. as they good to go with finance beyond 2022. Its best time to buy at these prices as once back to back auction starts then price will also keep appreciating. Nick also admitted that the price does not reflect the Real Value of the token.
and with Marubeni, things will only go Better here. Great future and Price appreciation. True Hodlers will reap maximum Rewards.
means that WRP is being traded lower than its real value?
Does he say he will have a program to use revenue to buy back and burn token?
I am a genuine footer and I quite like this type of event. It really reduces supply and increases the value of the coin a lot in a short time
No there are no plans for buybacks and burns, these are likely strategies which would result in WPR being classified as a security. WPR is a utility token that's usage is two-fold:
It provides priority access to renewable energy auctions on our platform. Renewable energy auctions are at the core of our proposition. WPR token holders have an exclusive priority access to purchase energy at the minimum auction price.
Energy allocation in the priority auction is equal to the share of total tokens a user has, compared to other auction participants. In the priority stage of the auction you can contract renewable energy without competing on price. It also constantly grants you access to the energy donation pool filled with 0.9% of the energy contracted via the auctions on our platform