ICO OpenLedger - Bringing the Power of Creation to the People
ICO investment and development platform
STO/ICO Status
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Basics
| Platform | N/A |
|---|---|
| Type | N/A |
| Accepting | BTC |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
As we are aiming to become more compliant with international policies, and the ICO services, rendered by our company have singnificantly decreased in last 6 months, we propose a vote on a new ICOO buyback and distribution policy. The Full Buyback proposal:Buyback & Burn of the ICOO tokens on BTC market.
In the beginning of December 2018 and every beginning of the month from then on, we will calculate 2% of the ICOO token Market Cap in BTC (https://coinmarketcap.com/currencies/ico-openledger/), as we did before. During the first week of each month, we will place an ICOO Buyback order to ICOO/BTC market for the whole amount of BTC.
All bought-back ICOO tokens will be burned.
The price to place an order will be calculated based on the Median Value from the market price in the previous month.
If the order is not closed during the month, it will be cancelled and the remained assets will be put in the new order.