Does CYC actually have a team supporting this?
I have read a bit throught this thread now and I want to ask where will you get your riders?
How will you progress?
What races will you attend with the cycling team?
How will you progress?
What races will you attend with the cycling team?
Have a look here:
http://www.sportcommunication.info/web2010/index.php?langue=2
So we will start with some marketing races, as you know a real professional cycling team like Astana, BMC, Trek, etc need millions of euros, so we will start spreading our brand 'cycling coin' in those races that are done by a lot of cycling lovers. This will give us some advantage as it is also the market that we try to get in and sell clothes, bikes, food, etc.
The PEG is a lot higher then the current coin price, and this will be covered by our own money as we believe that at one moment 10k CYC will be worth $10 and a lot more. When the Yobit ICO money is released then we will also buy some CYC because we believe that it is important to own a few coins ourself. We destroyed the dumped coins on buy wall as we don't want to own 50% of all coins, but we are planning to buy a nice stake and our main target is to get CYC at a marketcap of $100k.
We started our buyback program: 10% of the coins will be bought back. Currently we have set our buyback order on the market.
