Long
Updated

ICN Buyback program

380
Today the iconomi team announced rebuy program.

All of the revenue from Iconomi platform and ICNP will be going towards buying ICN and burning it. (as long as team can pay expenses using money raised in ico for 5+ years)
If the market cap remained constant, then the price per ICN would increase as the supply deflates

medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458

Also this solves the problem that ICN can not be listed on some exchanges because it is was "security"

Trade active
market bought more at 44
Note
first take-profit 5$

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