Buyback & Burn Program October 2018
Dear WavesGo Community,
In October we saw a number of great news in and around the Waves community:
- The Waves team launched a new initiative, creating a 1 million WAVES fund to encourage game developers to build on the Waves platform.
- October 21st saw a new All-time High in transactions , roughly 6 million transfers in total.
- Waves announced a new browser extension, Waves Keeper, enabling users to sign transactions on third-party apps without entering the seed or password.
- Incent, the first ICO on Waves, teams up with Gfinity Esports Australia to build the “ world’s first live broadcasting rewards platform powered by cryptocurrency and blockchain technology”.
Now to our Buyback
“Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market. Moreover, we are going to use the 50% retained MRT from mining operations for the buy back program too.”
Numbers & Figures Buyback & Burn October 2018
Size of Buyback: 873.549 WAVES
WGO purchased & burned: 121'403 WGO
Average price: 0.0071
You can find the total supply here: http://dev.pywaves.org/assets/wgo
The next Buyback & Burn is going to take place in the beginning of December 2018
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