Quote from: Traderbtcc on October 14, 2019, 07:49:36 AM

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Quote from: Newscrypto_io on October 11, 2019, 09:41:58 AM

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Quote from: Gershonxer on October 09, 2019, 09:16:06 AM

What's the token utility/use case driving the ecosystem of this project and what gives you a competitive edge over amongst other Platforms?

The NWC token serves as a payment system for everything regarding the Newscrypto.io platform. Payment for the team behind the platform is given only in our token.
The token also performs as the membership payment for our users. For each tier intermediate and advance level, you have to pay a certain amount of our NWC tokens.

All these NWC tokens being received back as payments for membership and stuffs, where would it goto? NewsCrypto Treasury of some sort or it'll be burned?

Good question. You can check all the information regarding tokens in the token allocation file at the end of our page. 20% of the tokens received through membership payment will be burned, 80% of the tokens will be used for staff payments etc..

If tokens would be used for staff payments, I thought that should already been taken care of by using the funds raised during the token offering?

We are non ICO project, neither did we do any kind of crowdfunding. Staff is getting paid with tokens meaning it is in our best interest to make this project successful.

Nice concepts. Only that the token value might have some serious selling pressure when they finally decide to cash out their salaries. My concern is how it'll get listed on a good exchange since these days, almost all exchange require fees.

Staff will cash out very small amounts and in the way that it will not create noticeable pressure on the price of the token. Our finances for listing fees come from internal investors.