IBT Introduces Token Buyback Scheme:

Current status:
– For every service sold with ETH – we buyback IBT for 25% of the service price:
1) ⅔ of that (20% sold campaign price) is bought back and added to our buyback pool.
2) The other ⅓ (5% sold report price) is resold. We put on sell order with price +100% of the price the buyback was made.
An example:
1) Sold campaign for 1 ETH.
2) Current global average IBT/ETH price: 0.00000006
3) 1 ETH converts to 17,498,410 IBT.
4) We buy 4,374,603 IBT.
5) We resell 874,921 IBT.
6)We set limit order, to sell 874,921 IBT at price of 0.00000012 ETH.



https://cryptocurrencies.space/ibt-introduces-token-buyback-scheme/
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