" 1,000 ETH will be used to
purchase ICN in a 90 day
period starting from 1st of
April 2017."
Now you do the calculation how many ICN can be bought with 1000 ETH at current market price.
ICONOMI will buyback ICN on weekly basis over a period of 90 days
So, 1000 ETH per every week or per 90 days?
1000ETH per 90days this time. Next 90 days might be a bigger volume. Always depends on profits made
Just imagine. This is profit without the platform. Profits might just be 10 times further on the next batch
And when will the platform be launched?
Just 1000ETH for 3 months. That's funny.
So they need 10 mln ICN to burn 20 years.
That "Just 1000ETH for 3 months" is only 30% of golem the team sold. If you calculate it right it is more than 3000ETH. But not all were sold
Iconomi do have 9+ % of byteballs, in circulation. Please see the current price and say wow
This was only investment in ICOs and there is still more money to inject and profits to make when the platform is on.
Where did you calculate 10million ICN for 20 years ? At actual price we get to burn around 100,000 Icn coins right now.