TycoonCoin tackles the post ICO price issues by using two different methods. This makes TycoonCoin a rarity in this marketplace.
TycoonCoin's first solution is ongoing marketing post ICO. Our team has allocated a portion of all incomes dedicated to continuous marketing, This marketing is focused purely in the digital sector. Having a top digital marketer on our advisory board, has been the key in taking the right direction when it comes to marketing strategies.
The second method is the most important method that TycooCoin is implementing. 90% of the income generated by our IGAs (Income Generating Activities) goes directly to buy tokens back from the public exchange and burning them.
TycoonCoin buys the tokens back from the public exchange, and then burns the tokens. This decreases the available supply and helps the overall price. Decreasing the supply of tokens generates scarcity which helps all token holders.
Use of profits.Most of the income will be used to buy back our own
TycoonCoin© coins from exchanges then burn the coins so that they are out of circulation. Naturally, this will decrease the amount of circulating coins in the market, thereby making
TycoonCoin© a concentrated currency with decreasing supply and increasing demand. This strategy is used by some of the most successful and largest public companies in the world. Crypto market uses the same supply and demand concept used by the share market, commodities and forex currencies just to name a few. Therefore the goal is to decrease the available supply in the market so that those people who hold
TycoonCoin© will have a currency that will have greater ability to withstand market volatility.
How is the Income SpentThe following graphs show the anticipated apportionment of the net profits achieved from the Income Generating Activities (IGA)
Tycoon Crypto Landing.
Tycoon coin lets you borrow using your Crypto as collateral. NO COLLATERAL, NO LOAN! Please only enquire if you have Bitcoin/Crypto to give us as collateral for a loan.
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