Do you guys please explain that for the process with a 40% reserve frozen for a year tokens? Who will get it?
These 40% of reserve tokens will be unsealed only before the start of Transmission full operational scale, for additional ICO to fill pool of funds in countries where Transmission will provide services.
That is, it will be just the second ICO in a year for new countries, did I understand correctly? Thank you
It is not 100%.
Only if we will have a need in it.
And if it is not needed, will these tokens be burned? Or what will happen to them? Who do they get to?
The second ICO that I mentioned, it will be only in unordinary case scenario, if our token holders community will approve it.
But the main thing, the reserve fund can not and will not be transferred to someone's favor.
It is designed to be used as fuel for our payment ecosite.
Our token as you understand it will become an equivalent payment tool in the transmission network since its full-featured launch.
The reserve fund will provide such an increase in the volume of transactions and customers of the network, which in its time directly affects the increase in the capitalization of tokens in circulation.
Thus, the rights of all investors in our system will be protected.