I have some questions regarding the buy back process...
"Buy-back of ZrCoin options will be made eight months after the end of the ICO in an amount equal to not less than $400,000 per month. "
How will this amount ("not less than 400k") be calculated?
If the minimum amount of investment is 3,5M, with 400k/month it will take, as least, 9 months to finish the buy back process, correct?
Will the investors be "compensated" considering the percentage they hold in the total amount, i.e., if i have 1% of the 3,5M, i will receive 1% of the 400k each month? If so, all investors will be totally compensated at the same time correct?
Beside the answers, please feel free to include more information about this matter.
Good luck with your project!!
400k is calculated from the whole model of income.
After ICO token will be tradable on exchange. There is no compensation as you say. It's not classical dividends.
After 8 months we ll start to buy-back tokens with total amount 400,000$ per month.
Order will be determined as usual on exchanges.
And yes, 9 months will cover 3,5 mln$ of all investments from all investors.
If we would raise 7 mln$, we ll be able to create the second line of production.
So buy-back process will be with amount 800,000$ instead of amount 400,000$.
Don't hesitate to ask more.
And join our telegram chat
https://t.me/joinchat/AAAAAAyr_p_eKwLkzlHvfgSome cool devs of the project are there.