ICONOMI to Buy Back and Burn its Tokens to Increase Value

[kreslik.news]

Blockchain fund management platform ICONOMI has introduced a token repayment program meant to increase the stake every participant has in the company. It will purchase ICN tokens from exchanges using returns made by its actively managed performance array, and destroy them.

ICONOMI co-founder Tim Zagar said: “We are proposing a new way to distribute shared value to participants through a repayment programme designed to increase the stake of each ICONOMI contributor. Our performance array is becoming exceedingly effective and it’s clearer now more than ever that cryptocurrency returns are the fastest of any asset class on Earth. For these reasons, we ... (read more)