3
I C C O
Initial Crowdfunded Coin Offering
Preamble
You may know about the idea of Free Market Economy implemented with XDN blockchain. The idea is very simple: to provide the majority of PoW mined coins for a free cryptocurrency market within the very first year of XDN existence and to keep a constant 150 XDN block reward. Now we have 6.8bln XDN coins in circulation and the average price of 10-20 satoshi for the last 2.5 years with about $1mln marketcap.
Institutional Investors
Institutional investor is a term for entities which pool money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include banks, insurance companies, pensions, hedge funds, REITs, investment advisors, endowments, and mutual funds.
Those entities are never dealing with small amounts of anything. Big money is dealing only with big money and the most advanced technologies. They will never look at small and not promising projects, they will never waste their time for the years of accumulation. They want profit and it is better if they will see the fast profit opportunities. That is why we are proposing the XDN ICCO.
Our XDN ICCO proposal
The idea behind ICCO is pretty simple yet powerful: XDN users and community members will collectively accumulate the major amount of XDN - about 2-3bln* - and will sell that XDN to Institutional Investors by the large lot sizes (starting from the 50mln XDN*) for the comparatively big price (starting from the 40 satoshi per XDN*), higher than the current market price.
There is no way Institutional Investors can accumulate the large amount of XDN besides the proposed ICCO. There are only 400mln XDN available on both XDN exchanges for about 200btc price.
After the selling of this accumulated amount of 2-3 bln XDN by large lot sizes, all profit will be divided among the participated parties according to their share in the upcoming ICCO.
ICCO time, platforms and methods
ICCO will be performed on one of the respected and well-known exchanges and/or ICO platforms.
ICCO accumulation with the XDN community and users - February 2017
ICCO selling among the Institutional Investors - March 2017
ICCO will be covered via the major cryptocurrency market media resources and we will attract some additional cryptocurrency media agencies for ICCO promotion and coverage.
Main ICCO goals
Provide a great opportunity for Institutional Investors to invest in the XDN new technology
Attracting the attention of Institutional Investors, giving an opportunity to invest and to participate in the XDN-project at the early stage before the PoA Era
Increasing the XDN market cap in 5-10 times at the initial stage of ICCO
Increasing the XDN media coverage, attracting many new XDN users and traders
Provide an opportunity for XDN community and supporters to profit from their stakes with much higher prices (than current market price, than 2.5y average price)
Approximate ICCO lot sizes and prices*
*This may be changed and/or corrected later, before the ICCO starts
The goal is to raise from 2bln to 3 bln of community XDN and to sell it to Institutional Investors for 40-100 satoshi per XDN* via the well-known and respected exchange/ICCO platform.
Here are the Approximate XDN lot sizes and prices:
50 000 000 XDN - 100 satoshi for 1 XDN*
100 000 000 XDN - 80 satoshi for 1 XDN*
200 000 000 XDN - 60 satoshi for 1 XDN*
400 000 000 XDN - 50 satoshi for 1 XDN*
800 000 000 XDN - 40 satoshi for 1 XDN*
Thank you XDN community, thank you XDN supporters. We are so glad to participate in this amazing XDN-project, we have a very bright time coming, this year XDN star will shine as it should shine, this year we will connect crowds and banks, we will make it as it should be. Thank you.
Crickets...
so the plan is to sell XDN for 3 times what it sells for now to people with more money than sense?