Spectrocoin is holding a pre-ICO sale between August and October for it's BankerCoin (BNK). It can be purchased through Spectrocoin at €.01 and the expected opening price is €.017 because they are reaching capacity on their initial offering. As of last night, the 2,000,000,000th Banker (BNK token) was purchased, which means that less than 20% are left to be sold during pre-ICO stage. There was another burst of purchasing after Bankera paid its first net transaction revenue share to Bankera token holders.
Last week, SpectroCoin generated a net transactional revenue of 85,219.66 EUR which is equal to 333.13 ETH (at an exchange rate of €254.29/1 ether). This revenue share is equal to 22.51% annualized return (0.002250738 EUR per 1 BNK). However, if Bankera would have given the normal net transactional revenue share of 20%, the annualized return would have been 4.50% (0.00045015 EUR per 1 BNK).
SpectroCoin added 20,876 new users, reaching 350,000 at the beginning of this week. This lead to more transactions and higher net transactional revenues.
The net transactional revenue share will be only be allocated to issued BNK tokens. So, after the pre-ICO there will be 2.5bn BNK issued during pre-ICO and a fraction of BNKs issued from the management part and the advisories part (most likely around 150 million BNKs). After the ICO the number of issued BNK tokens will be in-between of 10bn and 11bn. In other words, net transactional revenue share will not be diluted by non-ICO tokens in a short-term. For example, 30% of tokens allocated for SCO (secondary coin offering) will be issued only at price of 0.1 EUR or higher. And 5% of tokens allocated for advisors and 25% of tokens allocated for management will be distributed over a period of 10 years.
However, referral commissions, bounties and other promotional expenses are paid from the 25% allocated for management, so the management part is allocated for the core team, it is allocated to help to achieve Bankera’s long-term goals.
At the time of the writing of this article, there has been 2.312.646.031 BNK of 2.500.000.000 available pre-ICO BNK distributed and it is expected to reach capacity prior to the initial coin offering in mid-October.
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