Our e-bike ICO will involve two coins, a utility coin with which to acquire bikes or bike rental time and an investment coin, which will come out as a registered security. Both coins will be anti-dilutive to current shareholders as they will not have the same rights as common shares. Some funds raised in the ICO will be targeted for common share repurchase. Preliminary thoughts are to use 20% of the funds raised for buyback, but that number isn’t cast in stone. Depending on the amount raised, it could be more or less. Coin value may appreciate through profits from bike rentals and sales.
The aerospace ICO will most likely be strictly a registered security and again will be anti-dilutive. Funds raised through that ICO will be used to develop the blockchain and verify potential suppliers.
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