Author Topic: [ICOO] November ICOO Buyback & Burn Executed With 5,486 BTC  (Read 2716 times)

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Offline ccedk_pro

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November ICOO Buyback & Burn Executed With 5,486 BTC and final burn of 4 610 ICOO. Congrats!

Transaction confirmed
#6605eeebe1bcd659be8dc4057ab411e892b27fab@11059959
PLACE ORDER 
Price  0.00118998 BTC/ICOO
Sell  5.48589 BTC
Buy  4,610.069 ICOO
Seller  icoo
Expiration  November 3, 2021, 11:31:55 AM
Fee  0.14676 BTS

Transaction confirmed
#0e30077e1878ef71eed0f31fb9874470b3aa57fc@11060008
RESERVE ASSET 
Account to reserve from  icoo
Asset  ICOO
Amount  4,610 ICOO
Fee  0.14676 BTS


A total of funds needed for the second ICOO profit distribution was done today with BTC 14.066

40% of this amount for OpenLedger ApS
Remaining 60% is divided into following based on a 100% of total 8,44 BTC
65% buyback and burn = 5,486 BTC used to buy back ICOO on BTC market and burn of 4610 ICOO
20% for OBITS buyback and burn 1,688 BTC part of OBITS buyback and burn (give link to OBITS Buyback&burn)
10% for OBITS for rewards on ICOO bought back from market = 0,844 = 108205 BTS = 6150 OBITS
5% for BTSR for rewards on ICOO bought back from market = 0,422 = 54102 BTS = 4445 BTSR



As a general onwards it will be the aim to offer a 2% of CMC marketcap average (of the 60% mentioned) within last 10 days of month prior to buyback and burn as the base for the buyback the 3rd day of the month. This month it was based on 422 BTC marketcap

Recent ICOO investment and crowdfunding service Decent will finish ICO on Novemeber 6, and ICOO funds of Decent is 150 000 + appox 30k so a total of 180 000 DCT at 3000 per BTC = 60 BTC, initial investment was 20 BTC.

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« Last Edit: November 03, 2016, 03:22:03 pm by ccedk_pro »
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