InstantBuy weekly report: 29.10.2019-05.11.2019

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 – 0.21557538 BTC
  • Fline – 0.08274997 BTC
  • Sinovate – 0.00640644 BTC
  • 1X2 Coin – 0.00832464 BTC
  • Klimatas – 0.00524341 BTC
  • Know Your Developer – 0.01263279 BTC

Total BTC sent to projects for development: 0.33093263 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 – 0.36311539 BTC
  • PIVX – 0.03811765 BTC
  • BLOCK – 0.01383503 BTC
  • AEM – 0.02471526 BTC
  • ESBC – 0.05519160 BTC
  • BIR – 0.01165243 BTC
  • 1X2 – 0.03488162 BTC
  • KYD – 0.04759105 BTC
  • ONEX – 0.02468379 BTC
  • AUDAX – 0.01096970 BTC
  • 3DC – 0.01342812 BTC
  • DASH – 0.05256385 BTC
  • LYRA – 0.00888710 BTC

Total BTC sent to exchange: 0.69963257 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

  • 3880 MIDAS
  • 12000 BIR
  • 185 BLOCK
  • 81000 SIN
  • 112000 TELOS
  • 7100 PHR
  • 7200 PIVX
  • 47800 KYD
  • 44000 KLKS
  • 4200 1X2
  • 1000 PAWS
  • 17000 SEND
  • 5600 ESBC

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: 1.13936277 BTC

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