Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xcavator - A Crypto Utility Token for Crypto Mining
by
galambo
on 02/06/2022, 18:14:41 UTC
Funds from the sale of tokens will be used to set up mining farms and we will mine the most profitable coins. Around 50% of the profits will be used to expand mining farms and 50 % will be used to buy back our tokens from the market and burn them. This dual process will increase our token price in long run and benefit the investors.

What if you don't generate funds from initial sale of your tokens? Will you abandon the project or invest your own capital to start the project. This is very important question as many crypto project just went away if they don't able to generate required capital.