Blockshipping has a Market Maker Fund

in #bitcoin6 years ago

I really don't see how it makes sense if an ICO raises a lot more than its soft cap but still its tokens float way below ICO price. Even some ICOs that sell out have tokens trading on exchanges for a lot less than ICO price. If a project has raised a good amount more than its soft cap and the team believes in their project, then it should be expected that they would buy back cheap tokens and make easy profit in the future.

I feel investors need to demand teams that do they pass a certain percent of fund raising, they should dedicate money to a market maker fund. Blockshipping is doing this and that makes the project probably the first to give investors confidence that if the token price goes too low, the company will start buying them. Blockshipping is using blockchain and IoT to make it possible to track and record the condition of shipping containers in real-time. Blockshipping is making something that will have a lot of real-life value and so the team really believes in the success of their project. The team believes it is making something great and that if some one wants to sell cheap, that person can miss out by selling the token back to the company if token price gets too cheap.

Market Maker Fund

Having a market maker fund shows that the company believes it's tokens will be valuable in the future and they are willing to buy them back if the price goes too low.

45% of the money raised in the ICO will be kept for a market maker fund to give the token a price floor. If the token price goes too low after listing on the exchange, Blockshipping will buy back tokens from investors who regret the toke purchase. This type of move needs to be more common. There have been ICOs that raised millions of dollars but the token market cap on exchange is only 10% of the amount raised. This sort of situation does not need to exist. Team's that really believe in their project should be willing to buy back tokens at a discount as they will make them easy profit.

Want More Information?


Website: https://www.blockshipping.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3502572.new#new
Telegram: https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w
Whitepaper: https://www.blockshipping.io/wp-content/uploads/2018/02/Blockshipping_GSCP_ICO_White_Paper_public.pdf
Twitter: https://twitter.com/Blockshipping
Facebook: https://www.facebook.com/blockshipping
Youtube: https://www.youtube.com/channel/UCy6rhL5daYE8jxbuUgNu6jg

Author: https://bitcointalk.org/index.php?action=profile;u=2127077
Telegram: @SunnyFang

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