First BuyBack of 49800 OBITS executed. Congrats
Below I show you the actions and outcome of each buyback, and look forward to the ongoing growth of OpenLedger, OBITS and its connected projects for future benefit to all OpenLedger users.
Today we have done the first buyback of OBITS with an amount of 1.478 mill BTS or the equivalent of 13 BTC. It was split in two 90% to be used in the OBITS_BTS market, and 10% to be used in OBITS_OPENBTC market.
1,440,386 BTS of the total 1.478.000 is based on the revenues from the basic fees as per mentioned link http://cryptofresh.com/fees and remaining 38.000 is fees achived mainly from vested cashbacks on openledger, open.bits, qbits and obits account.
First the 90% on OBITS_BTS market below
(http://i.imgur.com/5fW4jv7.png)
(http://i.imgur.com/cqSteIa.png)
(http://i.imgur.com/6r1NJi1.png)
Shown in bts network blockexplorer Cryptofresh.com
(http://i.imgur.com/GQwR2tP.png)
Secondly the 10% on OBITS_OPENBTC market below
OBITS buyback with BTC before:
(http://i.imgur.com/qpvSy8I.png)
(http://i.imgur.com/kUoGlVl.png)
OBITS buyback after:
(http://i.imgur.com/GT9dCQF.png)
Shown in bts network blockexplorer Cryptofresh.com
(http://i.imgur.com/zqdDr63.png)
Final outcome approx 49800 OBITS also visible on openledger account which is also new registrar account http://cryptofresh.com/u/openledger.
CoinmarketCap status right after buyback:
(http://i.imgur.com/Gu6C90D.png)
OBITS total supply reduced with 49800 OBITS. New supply available 18,228,000 OBITS
(http://i.imgur.com/ZdB81SA.png)
Once updated on CoinmarketCap new figures will be as follows:
We have new max supply of 18.228.000 ;
4.622.876 OBITS sold to the public ;
7.974.392 avilable to be released in limited parts in connection with future crowdsale connected to projects added to OpenLedger.
Part of this future revenue will be added to the OBITS profolio of revenue generating companies giving future value to this new market maker on the DEX OpenLedger.
Welcome to the future of OBITS - Together we will create and shape the world!
Dont know about OpenLedger yet?
Have a look at these great videos already made for you to know it better:
https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g
OpenLedger - Smart Trading Decentralized