Instant Buy report: 24.12.2019–31.12.2019
Each week, we will provide the Midas community a quick report about how much BTC funds we provided to projects and coin support from our communities purchasing on InstantBuy. Over the past 7 days, InstantBuy has produced the following results:
BTC sent to projects
Midas — 0.24441624 BTC
Fline — 0.01258789 BTC
Paws — 0.00844820 BTC
Sinovate — 0.00862912 BTC
Telos — 0.00715667 BTC
ODIN Blockchain — 0.01549841 BTC
Total BTC sent to projects for development: 0.29673653 BTC
20% of the BTC received for coin sales is revenue generated for the project. Some projects choose to have all BTC provided to coin support, which is why they do not feature above.
BTC provided for coin support on exchange
MIDAS — 0.09580255 BTC
FLN — 0.00003333 BTC
SIN — 0.02177027 BTC
PIVX — 0.01237032 BTC
KTS — 0.00757048 BTC
TELOS — 0.01535042 BTC
PAWS — 0.00486637 BTC
ESBC — 0.00853436 BTC
BIR — 0.00068706 BTC
CDZC — 0.00587712 BTC
ASAFE — 0.00291654 BTC
KYD — 0.01524037 BTC
PHR — 0.00628476 BTC
COLX — 0.00642748 BTC
DASH — 0.00008851 BTC
ODIN — 0.05811904 BTC
GENX — 0.00009500 BTC
AEM — 0.00059370 BTC
LYRA — 0.00049034 BTC
BLOCK — 0.00380000 BTC
YCE — 0.00031130 BTC
Total BTC sent to exchange: 0.26722931 BTC
Depending on our agreement with the project, between 75–95% of the BTC spent on InstantBuy goes to exchange for buy wall price support on exchange. Coins purchased on exchange come back to InstantBuy to provide more liquidity on InstantBuy allowing us to take more sales and generate further revenue for the project and funds for coin support.
Coins purchased from exchange and supplied back to InstantBuy
8000 MIDAS
2500 BIR
1582 PAWS
31300 KTS
1500 PIVX
46000 TELOS
These coins have been generated from last weeks ‘BTC provided for coin support on exchange’ and purchased from exchange and sent back to InstantBuy to provide further liquidity.
