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Old 09-24-2020, 08:09 PM
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J0hn Raff3rty
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Join Date: Jul 2014
Location: Niceville FL
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Quote:
Originally Posted by slidekellyslide View Post
So you can sell to others who have already invested in the same card? Or new investors? Or both? And I'm assuming the share price never drops from the original investment price, but you'll just have to pay a commission fee to sell?
can you sell at your same investment cost?
The price will float along with the demand for the shares. If the demand is higher and the share increases 30%, then the card market value would be computed at $3.5 million. If shares start dropping, you can still sell them at a lower price. But yes, you have to do them within the App; that's the exchange. So you can sell to anyone else who has the app installed, I would expect.
And surely there will be transaction costs. That's part of mining the most value out of this project.
Also, IMO, highly susceptible to pump and dumping.
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