InstantBuy report: 08.10.2019-14.10.2019

Each week, we will provide the Midas community a quick report about how much BTC funds we provided to projects and coin support from our communities purchasing on InstantBuy. Over the last seven days, InstantBuy has produced the following results:

🔵BTC sent to projects:

🔹Midas — 0.78865809 BTC
🔹Fline — 0.01782189 BTC
🔹Carbon Zero — 0.02244985 BTC
🔹1X2 Coin — 0.00874204 BTC
🔹Klimatas — 0.01362378 BTC
🔹Scrypta — 0.02179452 BTC
🔹Know Your Developer — 0.01648833 BTC

Total BTC sent to projects for development: 0.91597867 BTC

20% of the BTC received for coin sales is revenue generated for the project. Some projects choose to have all BTC provided to coin support, which is why they do not feature above.

🔵BTC provided for coin support on exchange:

🔹MIDAS — 1.03103962 BTC
🔹FLN — 0.07984705 BTC
🔹BIR — 0.02244811 BTC
🔹1X2–0.03602108 BTC
🔹KTS — 0.05918365 BTC
🔹DASH — 0.14246124 BTC
🔹TELOS — 0.03340877 BTC
🔹CZE — 0.14369006 BTC
🔹PIVX — 0.20173124 BTC
🔹LYRA — 0.08172948 BTC
🔹PHR — 0.01242247 BTC
🔹BECN — 0.03626631 BTC
🔹BLOCK — 0.10192412 BTC
🔹AEM — 0.00944722 BTC
🔹KYD — 0.06193592 BTC

Total BTC sent to exchange: 2.05355634 BTC

Depending on our agreement with the project, between 75–95% of the BTC spent on InstantBuy goes to exchange for buy wall price support on exchange. Coins purchased on exchange come back to InstantBuy to provide more liquidity on InstantBuy allowing us to take more sales and generate further revenue for the project and funds for coin support.

🔵Coins purchased from exchange and supplied back to InstantBuy:

🔹2000 MIDAS
🔹1000 FLN
🔹32000 BIR
🔹2000 1X2
🔹22600 KTS
🔹76000 BECN
🔹2100 CSPN
🔹500 BLOCK
🔹2500000 COLX
🔹6.3 DASH

These coins have been generated from last weeks ‘BTC provided for coin support on exchange’ and purchased from exchange and sent back to InstantBuy to provide further liquidity.

🔵TOTAL WEEKLY VOLUME: 3.47182563 BTC

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