humaniq Team has decided to invest some of the money raised by the ICO

[HMQ@Rise]

After the humanq team failed in the realization of their biometric application which was promised to the investor on time, and as support to their follower and project; the team finally made a decision to invest a portion of the money raised on ICO to buyback some HMQ in circulation.
how much they will invest and what would do the team with token bought back remains questions without answers.

[go4crypto]

Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.

[shirackjs]

Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.

I agree with your views. The ultimate solution is to deliver the biometric app. Hopefully, Humaniq will be able to deliver soon.

[rayk]

Humaniq is very good project and now they started to use their mobile application in ghana. It is rather a long term investment. It can be successful project in the long term.

[2bfree]

I don't see how they can make what the promised. But lets see, maybe I'm wrong.

[Invester]

Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.

I think this can be done by the team actually to somehow increase their project's value in terms of asset worth. But this is temporary and is a very shortsighted strategy that does not in any way make progress to their project itself. Their project should specifically deliver something and accomplish something.

[sexcoyote]

Other ICOs and teams must see those actions. Generally they are hitting and run.

[neinnein125]

This is like government spending. It affects markets for very very short time but i becomes illusion. And markets will behave like themselves and gonna make price lower again. I dislike buying back this way.