Greetings again guys. And what is their trust token necessary for?
Evening man. This is what I know, trust token is all about trust and being as honest as they can throughout the platform. So, Crypt-ON's trust-tokens will provide a level of trust and thereby improve the quality of online crypto trades
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BoardAnnouncements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
Greetings community, can anyone tell me more about the asset-backed mechanism? The reason of why I am asking is basically because, as far as I understand, this is one of the technologies to make portfolio always equals to tokens.
Hey azam! Here is what their WP says: To minimize the risk of loss for WHISKY TOKEN (WHY) owners, WHYTOKEN GmbH implements a sophisticated security mechanism. This asset-backed mechanism covers the WHY stock market price based on the current value of the high-end whisky portfolio. It is ensured that the value of the total WHY market capitalization does not fall below 90% of the portfolio value (hereinafter referred to as "asset-backed value"
Hmm, sounds pretty beneficial, so this will work from the very beginning to secure token holders even more and make token even more stable?
As far as I remember, this mechanism is scheduled to be implemented three years after a successful ICO, but let me double check that
Sure! And one more question, in case you know, of course, how exactly the mechanism works? I mean I pretty understand its role, but interested in working principles
Checked about implementation - 3 years after ICO. As for working principles, if the market capitalization is subsequently below the asset-backed value for a period of one month, WHISKY TOKEN is repurchased by the WHYTOKEN GmbH until the market capitalization is above the asset-backed value again (buy-back). For this purpose, a portion of the high-end whisky portfolio corresponding to the buy-back will be liquidated initially. From this revenue, purchase orders are placed on the stock exchanges, resulting in an increase in market capitalization. The tokens acquired in this way are destroyed in order to guarantee a deflation and thus a sustainable increase in value
Sounds great, I mean this can make us even more confident in tokens stability
Exactly, WHY protects against loss of value and ensures continuous growth
Super, so I need to add even more tokens to my portfolio Thanks a lot for your help
Was happy to assist you in here, sir
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
Greetings community, can anyone tell me more about the asset-backed mechanism? The reason of why I am asking is basically because, as far as I understand, this is one of the technologies to make portfolio always equals to tokens.
Hey azam! Here is what their WP says: To minimize the risk of loss for WHISKY TOKEN (WHY) owners, WHYTOKEN GmbH implements a sophisticated security mechanism. This asset-backed mechanism covers the WHY stock market price based on the current value of the high-end whisky portfolio. It is ensured that the value of the total WHY market capitalization does not fall below 90% of the portfolio value (hereinafter referred to as "asset-backed value"
Hmm, sounds pretty beneficial, so this will work from the very beginning to secure token holders even more and make token even more stable?
As far as I remember, this mechanism is scheduled to be implemented three years after a successful ICO, but let me double check that
Sure! And one more question, in case you know, of course, how exactly the mechanism works? I mean I pretty understand its role, but interested in working principles
Checked about implementation - 3 years after ICO. As for working principles, if the market capitalization is subsequently below the asset-backed value for a period of one month, WHISKY TOKEN is repurchased by the WHYTOKEN GmbH until the market capitalization is above the asset-backed value again (buy-back). For this purpose, a portion of the high-end whisky portfolio corresponding to the buy-back will be liquidated initially. From this revenue, purchase orders are placed on the stock exchanges, resulting in an increase in market capitalization. The tokens acquired in this way are destroyed in order to guarantee a deflation and thus a sustainable increase in value
Sounds great, I mean this can make us even more confident in tokens stability
Exactly, WHY protects against loss of value and ensures continuous growth
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
Greetings community, can anyone tell me more about the asset-backed mechanism? The reason of why I am asking is basically because, as far as I understand, this is one of the technologies to make portfolio always equals to tokens.
Hey azam! Here is what their WP says: To minimize the risk of loss for WHISKY TOKEN (WHY) owners, WHYTOKEN GmbH implements a sophisticated security mechanism. This asset-backed mechanism covers the WHY stock market price based on the current value of the high-end whisky portfolio. It is ensured that the value of the total WHY market capitalization does not fall below 90% of the portfolio value (hereinafter referred to as "asset-backed value"
Hmm, sounds pretty beneficial, so this will work from the very beginning to secure token holders even more and make token even more stable?
As far as I remember, this mechanism is scheduled to be implemented three years after a successful ICO, but let me double check that
Sure! And one more question, in case you know, of course, how exactly the mechanism works? I mean I pretty understand its role, but interested in working principles
Checked about implementation - 3 years after ICO. As for working principles, if the market capitalization is subsequently below the asset-backed value for a period of one month, WHISKY TOKEN is repurchased by the WHYTOKEN GmbH until the market capitalization is above the asset-backed value again (buy-back). For this purpose, a portion of the high-end whisky portfolio corresponding to the buy-back will be liquidated initially. From this revenue, purchase orders are placed on the stock exchanges, resulting in an increase in market capitalization. The tokens acquired in this way are destroyed in order to guarantee a deflation and thus a sustainable increase in value
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
Greetings community, can anyone tell me more about the asset-backed mechanism? The reason of why I am asking is basically because, as far as I understand, this is one of the technologies to make portfolio always equals to tokens.
Hey azam! Here is what their WP says: To minimize the risk of loss for WHISKY TOKEN (WHY) owners, WHYTOKEN GmbH implements a sophisticated security mechanism. This asset-backed mechanism covers the WHY stock market price based on the current value of the high-end whisky portfolio. It is ensured that the value of the total WHY market capitalization does not fall below 90% of the portfolio value (hereinafter referred to as "asset-backed value"
Hmm, sounds pretty beneficial, so this will work from the very beginning to secure token holders even more and make token even more stable?
As far as I remember, this mechanism is scheduled to be implemented three years after a successful ICO, but let me double check that
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] WHISKYTOKEN The First Whisky Based Cryptotoken
Greetings community, can anyone tell me more about the asset-backed mechanism? The reason of why I am asking is basically because, as far as I understand, this is one of the technologies to make portfolio always equals to tokens.
Hey azam! Here is what their WP says: To minimize the risk of loss for WHISKY TOKEN (WHY) owners, WHYTOKEN GmbH implements a sophisticated security mechanism. This asset-backed mechanism covers the WHY stock market price based on the current value of the high-end whisky portfolio. It is ensured that the value of the total WHY market capitalization does not fall below 90% of the portfolio value (hereinafter referred to as "asset-backed value"
What I really love about VOX U is the wireless and touchscreen hardware. This is kinda a new iPhone
Hey mate! Yeah! That is the kind of invention! Do you know how many devices are there in total?
What do you mean? Kinda how many are they bringing?
Yeah. If you know, of course
As far as I know, around 70000 at first! This means over 50K businesses can implement terminals
Wow, this sounds super! And this can easily be expanded if CPTS meets success!
Well, they are obviously the first and the last of its type project! It means that nothing will stop them from becoming a global standard and #1
To be honest, I believe paying with crypto should be a truly convenient way of payments for customers. And, of course, for businesses as fees are lowers
You mean transactional?
Yep, exactly
One more point for me is that banks have hidden %, zero cash back and more. In all senses the worst option! Only the CPT wallet and VOXU can change the current situation!
And have heard of their competitors? Do they have analogs on the market? Are they running successfully too?
Not really. The majority of projects are starting from the zero point: They have no prototype, no device, no product! CPT is happening now.And that's what I really like and appreciate
Sounds convincing! Well, thanks a lot for your help!
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ICO] 🔥🔥🔥 Cryptune 🔥🔥🔥 Universal Point of Sale System
What I really love about VOX U is the wireless and touchscreen hardware. This is kinda a new iPhone
Hey mate! Yeah! That is the kind of invention! Do you know how many devices are there in total?
What do you mean? Kinda how many are they bringing?
Yeah. If you know, of course
As far as I know, around 70000 at first! This means over 50K businesses can implement terminals
Wow, this sounds super! And this can easily be expanded if CPTS meets success!
Well, they are obviously the first and the last of its type project! It means that nothing will stop them from becoming a global standard and #1
To be honest, I believe paying with crypto should be a truly convenient way of payments for customers. And, of course, for businesses as fees are lowers
You mean transactional?
Yep, exactly
One more point for me is that banks have hidden %, zero cash back and more. In all senses the worst option! Only the CPT wallet and VOXU can change the current situation!
And have heard of their competitors? Do they have analogs on the market? Are they running successfully too?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ICO] 🔥🔥🔥 Cryptune 🔥🔥🔥 Universal Point of Sale System
What I really love about VOX U is the wireless and touchscreen hardware. This is kinda a new iPhone
Hey mate! Yeah! That is the kind of invention! Do you know how many devices are there in total?
What do you mean? Kinda how many are they bringing?
Yeah. If you know, of course
As far as I know, around 70000 at first! This means over 50K businesses can implement terminals
Wow, this sounds super! And this can easily be expanded if CPTS meets success!
Well, they are obviously the first and the last of its type project! It means that nothing will stop them from becoming a global standard and #1
To be honest, I believe paying with crypto should be a truly convenient way of payments for customers. And, of course, for businesses as fees are lowers
You mean transactional?
Yep, exactly
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ICO] 🔥🔥🔥 Cryptune 🔥🔥🔥 Universal Point of Sale System
What I really love about VOX U is the wireless and touchscreen hardware. This is kinda a new iPhone
Hey mate! Yeah! That is the kind of invention! Do you know how many devices are there in total?
What do you mean? Kinda how many are they bringing?
Yeah. If you know, of course
As far as I know, around 70000 at first! This means over 50K businesses can implement terminals
Wow, this sounds super! And this can easily be expanded if CPTS meets success!
Well, they are obviously the first and the last of its type project! It means that nothing will stop them from becoming a global standard and #1
To be honest, I believe paying with crypto should be a truly convenient way of payments for customers. And, of course, for businesses as fees are lowers
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][ICO] 🔥🔥🔥 Cryptune 🔥🔥🔥 Universal Point of Sale System