Today the iconomi team announced rebuy program.
All of the revenue from Iconomi platform and ICNP will be going towards buying ICN and burning it. (as long as team can pay expenses using money raised in ico for 5+ years)
If the market cap remained constant, then the price per ICN would increase as the supply deflates
medium.com/iconomine...ogramme-54bfa449d458
Also this solves the problem that ICN can not be listed on some exchanges because it is was "security"
All of the revenue from Iconomi platform and ICNP will be going towards buying ICN and burning it. (as long as team can pay expenses using money raised in ico for 5+ years)
If the market cap remained constant, then the price per ICN would increase as the supply deflates
medium.com/iconomine...ogramme-54bfa449d458
Also this solves the problem that ICN can not be listed on some exchanges because it is was "security"
Trade active:
market bought more at 44
Comment:
first take-profit 5$