Reserve Tokens
We are setting aside 100,000,000 of all CFGT created as Reserve Tokens. These CFGT will not be issued or sold during the initial sale and are locked in a smart contract. If at some point it seems advisable for the Cardonio project to sell more tokens, some or all of these may be offered in an auction format or some other format that suits the capital needs of the project.
Specifically, there are substantial balance sheet strength requirements in case Cardonio decides to apply for a full banking license in the European Union or Asia. In the interim, these CFGT will not be used in any way. They will not be considered as issued. It is possible these CFGT will never be issued, however, we feel it is prudent to have some backup if needed. In any event, Cardonio will engage directly with CFGT holders to seek guidance and market reaction before any of the Reserve tokens are offered.
Leave Reserve Tokens to:
Best Posts From Cardonio Token
We have not curated any of cardoniotoken's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Cardonio Token
- Cardonio ICO Rating
- Cardonio Review
- Why are the token metrics so large? There is such a large jump from phase 2 to the final phase? & Why are the token metrics so large? There is such a large jump from phase 2 to the final phase?
- Token Sale
- Transfers between Cardonio App users
- Transfers between Cardonio App users
- Cardonio ICO Review - The Crypto Credit Card setting a new standard
- Reserve Tokens
- Card issuing & processing platform
- Cardonio (CDO) a new standard for Crypto Credit Cards.