Netkoin (NTK) Buy-back and Burn Program Phase 1 Revised

The Netkoin project is pleased to announce the Buy-back and burn program.

Along with continuous development of the Netkoin Ecosystem, exchange listings, marketing and various daily operations, the team is constantly looking at increasing the value of NTK tokens. Hence we are excited to introduce a buy back and burn program.

This program will be establish to help drive higher price levels and continue to reduce the total supply overtime. Essentially the Netkoin team will buy back and burn a large amount of NTK in multiple phases which will each have a higher price point.

Each buy-back and burn phase will be activated once NTK reaches a specific target price. The details of the next phase will be released once the previous phase buy-back and burn has been filled and completed. Price target, buy amount and cost will vary across each phase.

Below you will find the details of the Buy-back and burn phase 1.

Buy-back and Burn Phase 1 Details

Stage 1

Stage 1 buy-back and burn will occur when 1 NTK is equal between 0.00000065–0.00000070 ETH

Price: 0.00000065–0.00000070 ETH

Buy amount: 16.6 million NTK

Total burn amount: 16.6 million NTK

Stage 2

Stage 2 buy-back and burn will occur when 1 NTK is equal between 0.00000080–0.00000085 ETH

Price: 0.00000080–0.00000085 ETH

Buy amount: 16.6 million NTK

Total burn amount: 16.6 million NTK

Stage 3

Stage 3 buy-back and burn will occur when 1 NTK is equal between 0.00000100–0.00000105 ETH

Price: 0.00000100–0.00000105 ETH

Buy amount: 16.6 million NTK

Total burn amount: 16.6 million NTK

Note: Price targets of each stage are based CoinMarketCap price:

Note: The buy-back and burn program is suspended.

Total buy-back and burn amount: 50 million NTK

Total supply after the completion of phase 1: 9,837,060,094

Proof of buy-back and burn will be provided will be provided at the completion of each stage.

Phase 2 of the buy-back and burn program will be announced after completion of phase 1.

Stay tuned for more major announcements.

We appreciate the continued support from the community.


The Netkoin Team

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Brief Overview of The Netkoin project

Netkoin (NTK) is an ERC20 token based on the Ethereum blockchain. The NTK token will be used to power Netkoin’s universal rewards system on Netkoin’s location based mobile application and business management platform.

Netkoin’s location based mobile advertising application aims to make retail shopping relevant and rewarding for customers based on their location. The mobile application will contain numerous features and filters in order to provide the customer with a personalized retail shopping experience, while maintaining the highest level of user’s data security and privacy.

Netkoin’s business management platform will be utilized by retail stores to enable business owners to manage their stores advertising on the Netkoin mobile application. Businesses can integrate their store’s social media content, providing them with a single place of advertising their businesses content with shoppers. Therefore reducing content marketing management by the retail business marketing team.


The information contained in this document are not purported to represent advice that can be relied upon. Netkoin, the author or any other persons involved in the preparation or distribution of this presentation expressly disclaim all and any contractual, tortious or other form of liability to any person in respect of this document and any consequences arising from its use by any person in reliance in whole or any part of the contents of this document. Netkoin accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material in this document. The information contained in the whitepaper shall not in any way constitute a recommendation as to whether you should invest in any product discussed in the document. Netkoin reserve the right to change and modify any of the actions and programs detailed above.

© 2018 Netkoin. All rights reserved.

Netkoin Pty Ltd — Australian Company Number (ACN): 615 339 074