CombiCoin Weekly #2 – Re-balancing results, Sales results & TRIA Token profit share
Last week has been an exciting week for us. The first “Revision and Rebalancing” of CombiCoin has been executed. In this CombiCoin weekly the following things will be addressed:
- CombiCoin performance week 49
- Revision of the “top 30”
- Rebalancing of CombiCoin Assets
- CombiCoin sales update
- TRIA token profit share distribution December
CombiCoin performance week 49
Value on 11-12-2017 – 08:00 CET – $ 20.82
Value on 18-12-2017 – 08:00 CET – $ 34.53
65.85% – (previous week 15.13%)
Year to date growth: 299.65%
Monthly growth: 180.73%
Week high: $ 34.53
Week low: $ 20.82
Total value asset pool: $ 11,592,735 (+77.89% compared to previous week)
Revision of the “top 30”
On Wednesday 13th of December 2017 the new “top 30” has been defined:
This means that we have said goodbye to the following cryptocurrencies.
- BitConnect (BCC)
- Golem (GNT)
- MaidSafeCoin (MAID)
- TenX (PAY)
- Basic Attention Token (BAT)
Regarding the departure of BCC from the top 30, one rule from the whitepaper has been updated. From now on each coin in the top 30 has to be traded on at least 3 exchanges with an API that we can work with. For BCC unfortunately this wasn’t the case.
We welcomed the following cryptocurrencies to the top 30:
- NXT (NXT)
- Ardor (ARDR)
- MonaCoin (MONA)
- Populous (PPT)
- Cardano (ADA)
Rebalancing of the top 30
During the rebalancing of the assets backing CombiCoin the following assets have been sold or bought.
his resulted in the following change of the assets owned by the foundation.
Old asset pool
New asset pool
The next revision and rebalancing procedure is planned on 14-02-2018
CombiCoin sales update
In the past week CombiCoin had 294 new registrations for the amount of $720,093.
TRIA Token profit share distribution
Originally the first profit share distribution was planned for February 2018 with a forecast between $ 0.05 to $ 0.11 per TRIA Token. We are happy to announce that the first profit share distribution will take place by the end of this week and the profit share will be $0.1478 per TRIA Token and will be paid out in Ethereum directly to the address holding the TRIA tokens. You cannot change the wallet address you receive this payment on.
Wallets that held at least 1 TRIA token during the snapshot of the TRIA Token blockchain of 15-12-2017 will receive profit share.