News

First BuyBack of 49800 OBITS executed. Congrats

Results of first BuyBack: Equivalent of 147,800 BTS was spent on openBTC/OBITS market 1,330,200 BTS was spent on BTS/OBITS market Summary, 49,800 OBITS have been bough back More than 41% - instant price growth New supply available - 18,228,000 OBITS



 

Below I show you the actions and outcome of each buyback, and look forward to the ongoing growth of OpenLedger, OBITS and its connected projects for future benefit to all OpenLedger users.
Today we have done the first buyback of OBITS with an amount of 1.478 mill BTS. It was split in two 90% to be used in the OBITS_BTS market, and 10% to be used in OBITS_OPENBTC market.

First the 90% on OBITS_BTS market below

First BuyBack

First BuyBack First BuyBack

Shown in bts network blockexplorer Cryptofresh.com

First BuyBack

 

Secondly the 10% on OBITS_OPENBTC market below
OBITS buyback with BTC before:

First BuyBack

First BuyBack

OBITS buyback after:

First BuyBack

Shown in bts network blockexplorer Cryptofresh.com

First BuyBack

Final outcome approx 49800 OBITS

also visible on openledger account which is also new registrar account http://cryptofresh.com/u/openledger.

CoinmarketCap status right after buyback:

 

First BuyBack

 

OBITS total supply reduced with 49800 OBITS. New supply available 18,228,000 OBITS

 

First BuyBack

Once updated on CoinmarketCap new figures will be as follows:

We have new max supply of 18.228.000 ; 

4.622.876 OBITS sold to the public ; 

7.974.392 avilable to be released in limited parts in connection with future crowdsale connected to projects added to OpenLedger.

Part of this future revenue will be added to the OBITS profolio of revenue generating companies giving future value to this new market maker on the DEX OpenLedger.