Author Topic: [ANN] [OBITS] BUYBACK and BURN in September with 742.358 BTS = 7,4458 BTC  (Read 1952 times)

0 Members and 1 Guest are viewing this topic.

Offline ccedk_pro

  • Hero Member
  • *****
  • Posts: 1273
  • OpenLedger. Blockchain powered. People driven.
    • View Profile
    • OpenLedger DEX
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.

Once hubDSP is fully launched this month, BTSR will show the prospects intended
OpenLedger - Truly decentralized crypto trading platform for novice and professional traders

Offline prebuffo

  • Jr. Member
  • **
  • Posts: 20
    • View Profile
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.

No not really so disappointing,  The next month will be the first were profit from ICOO come into Obits.
In my opinion actually BTSR is really disappointing, it simply doesn't work as expected and it doesn't produce revenue to burn and more subscription from the ICO.


Offline ripplexiaoshan

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 2300
    • View Profile
  • BitShares: jademont
BTS committee member:jademont

Offline lil_jay890

  • Hero Member
  • *****
  • Posts: 1197
    • View Profile
Wow very disappointing results. Even with the blockpay IPO, you were only able to generate 100k bts through fees?

So obviously fees are not going to provide much value to the token. Holders just have to hope one of the other icos takes off or the bts referral program is revamped.

Offline ccedk_pro

  • Hero Member
  • *****
  • Posts: 1273
  • OpenLedger. Blockchain powered. People driven.
    • View Profile
    • OpenLedger DEX
The BuyBack on September 2 with the following burn of 49 680 OBITS executed. Congrats


90% OF AMOUNT FOR BUYBACK: 668122 BTS
10% OF AMOUNT FOR BUYBACK:  0,7446 OPEN.BTC









OpenLedger / CCEDK burn 0.28% of the OBITS in existence
                                                          

------------------------------------------------------------------------------------------------------------------------------------------------------------



This month have shown that revenues from the various OPEN assets are still not strong enough to provide an increasing value on its own and without any added revenue from an ongoing ICO. The positive is however, that this added revenue will begin from Oct.3rd with the ICOO doing its first distribution. It is expected that ICOO will do this on the base of minimum 50 BTC, so already here there will be a good amount entering as 20% of designated revenues will be used for the payment of monthly dividends / or as buyback of OBITS and consequently burned.


Learn More about OBITS www.obits.io on Coindesk and Forbes

OBITS charts:

CoinMarketcap.com: https://coinmarketcap.com/assets/obits
CryptoFresh.com: http://cryptofresh.com/a/OBITS

Like us on Facebook
Facebook
Follow us on Twitter
Twitter 
Contact us on LinkedIn
Linkedin
« Last Edit: September 05, 2016, 09:41:27 am by ccedk_pro »
OpenLedger - Truly decentralized crypto trading platform for novice and professional traders