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Tritonio

CIVMALL asset

Jan 20th, 2019
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  1. Asset information
  2. -----------------
  3.  
  4. Name: CIVMALL
  5. Type: Company investment program
  6. Description: CIVMALL is an investement program for http://civmall.ml.
  7.  
  8. This asset will be issued (minted) and sold to users. The proceeds of those sales will be used to purchase in-game assets on CivClassic. When those assets are sold, CivMall will use the proceeds to buy-back this asset from the market and remove it (wipe it) from circulation. Buy-backs will happen every weekend and will try to fulfill all the "[H] CIVMALL" orders on the market, starting from the cheapest ones. Voting between the holders of this asset will determine when more of this asset will be minted, which in game assets will be bought and at what price they will be put on sale. Asset holders that are interested in voting must make their account balances public. Votes must be called by the asset manager whenever there is a decision that needs to be made.
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  10. The first sale will happen after a diamond backed currency is available on CivMint.
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