Guys came up with a very cool thing!
Everyone knows that coins after exiting the ICO, lose very much in value! And not always then can return to prices as on sale in ICO! For investors it's a collapse! Spent money and nerves. The project itself is almost doomed to failure, as they lose money. Which should go to improve the project itself!
So that's what they came up with:
Funds received from ICO will be used to start the process of extraction of BITCOIN tokens and other ERC20 (based on blockchain Ethereum).
The income from the extracted crypto-coins will be used to cover utility payments, maintenance and other expenses, while the remainder will be used for the redemption scheme. During the redemption scheme CSS will buy coins directly from investors on the exchanges monthly. The more coins they buy, the less coins are on the market, so the coin becomes more valuable, they continue to raise the cost month after month!!
Their coin will start pre-sale at a price of $1, which means that it cannot lose much in value because it is already trading at the lowest price.
Below is an example of its value during the ICO:
Fsntoken PRICE PREDICTION
• Presaleaugust 2018-$0.0005
• Crowdsaleoctober 2018-$0.0010
• Exchange listing January 2019-$0.0007
• Price on Exchange March 2019-$0.0009
• Price on Exchange June 2019-$0.0008
• Price on Exchange September 2019-$0.0013
• Price on Exchange December 2019-$0.0027
Here is their roadmap:
They are now successfully passing the ICO, in detail you can learn in this video:
Here are links to useful information:
Website: https://fivestarminingnetwork.com
Technical Documentation: Https://fivestarminingnetwork.com/wp-content/uploads/2018/07/Whitepaper-Fivestarminingnetwork.pdf
ANN theme: Https://bitcointalk.org/index.php?topic = 4300340
Twitter: http://twitter.com/FiveMining
Facebook: Https://www.facebook.com/Fivestarminingnetwork
Instagram: Https://www.instagram.com/fivestarminingnetwork
Reddit: https://www.reddit.com/user/FiveStarMining
Youtube: Https://www.youtube.com/channel/UC9pFnuy2nOdjvChp1Pim2BQ
Author: energy_coin
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=830893
Well thought out and considered the most important aspects, I like how you describe ICO startups, I follow your blog, always quality projects!
Thank you for your trust!
Long-term vision of the project and an excellent team of professionals make the project attractive for investment.
That's right!
Wow, what ambitions, let's see what will come of it
I think he's sure to shoot!
It is the future of the technology