CombiCoin Weekly #8
In this CombiCoin weekly the following things will be addressed:
- CombiCoin performance week 4
- Buy back feature
- New structure announcement
CombiCoin performance week 4
Value on 22-01-2018 – 08:00 CET – $ 41.01
Value on 29-01-2018 – 08:00 CET – $ 42.99
+4.83% – (previous week -22.22%%)
All time growth: 397%
Monthly growth: 7.5%
Week high: $ 44.93
Week low: $ 35.18
Buy back feature
The buy back feature is currently in the testing phase and is planned for launch on the 8th of February. Our software, that will sell the assets backing your CombiCoins, will be connected to 5 exchanges when launched. This to make sure that we will get the best price possible for the assets backing it. In the future we will increase the number of exchanges that our software is connected to.
Just to clarify, this buy back feature will be available from the 8th of February. This doesn’t mean that it is only available on the 8th of February, but that it will be available from that moment on. After the buy back feature is live, you as a CombiCoin holder will be able to sell your CombiCoins whenever you want.
New structure update
We have received feedback from our attorneys how the CombiCoin foundation and Triaconta should interact in a manner that does not require regulatory supervision. We are currently processing this information and are trying to find a way how to incorporate this in our way of working.
Before we are able to announce the exact manner how we will implement this, we will need to have a meeting with the AFM. As soon as there is anything to report we will let you know.