Do you plan to recycle some company profits back into the acquisition of JNS or Kreds tokens? What is your plan for those tokens?
I'm sure others may want to know this information is the reason I'm posing the question.
That would constitute as a security, Kreds is a utility currency and will not have any essence of SEC violations, ever.
JNS is also being converted into a utility and membership token, but this is revealed later mid year. That will be announced in the appropriate channels and threads though, not here, the 2 projects are completely different.
Do you plan to recycle some company profits back into the acquisition of JNS or Kreds tokens? What is your plan for those tokens?
I'm sure others may want to know this information is the reason I'm posing the question.
We all know how crypto is. Unless there are whales involved or mass adoption, the best projects just flounder. I'm hoping with Kreds targeting the masses, that this "norm" finally changes. But if you (Janus team) add buy pressure to the market this will only help solidify this crypto currency.
In order for Kreds to succeed we need mass adoption. The number of tokens with the MN and mining payouts will constantly generate sell pressure. If we don't have the support, it could sink it. I realize that this takes time, but my hope is that Kreds is a super popular crypto with a lot of trade volume generated daily.
Trade volume is how you get people to notice. Or getting listed on a major exchange helps too.....
They are already working to get KREDS listed on some more exchanges, and you are right all have to be involved more with the trading to get a more stable and more interested coin.
Trading volume is very important, some of the larger exchanges already are looking into Kreds, if they see the first exchanges are low volume, even if we pay for listing, what incentive will they have to list? We as a team cannot pay salaries, be self funded, market businesses, and buy services, and exchanges, and still put buy walls on exchanges and manipulate prices. If Kreds is a worthy and valued project and currency then this market support comes from the community, not us.
Our businesses will provide the team income, but until they are popular our budget is not like an ICO who just got handed 820 million for unlimited expenses.