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Investing in initial coin offerings (ICOs) or even already launched and listed tokens that have a low market cap is getting increasingly risky as time goes on. A volatile market that’s already saturated with various types of projects is not a very forgiving space; for this reason, many who cannot afford to lose their investments are simply steering clear of most ICOs. My Freedom Coin is a project that removes many of the worries that retail investors have when they’re looking into new and upcoming tokens: by introducing a floor price for tokens through an innovative smart contract system, there is no fear that your investment will go to zero.
The smart contract that holds all of the funds generated by Coin Offerings is called the BUSD Treasury, abbreviated to BUSDT. It also ensures the existence of the Floor Price, which is calculated as BUSD divided by the circulating number of My Freedom Coin (MFC). When Peer-to-Peer fees are charged, which is always 0.5% of the transaction total in MFC are taken out of circulation, which ensures that the Floor Price increases as time goes on.
The Peer-to-Peer fees are not the only fees on the platform, but every other type of fee works the same way as well, by having a percentage of it removed from the Treasury in order to increase the Floor Price. For example, to be able to trade on the platform, you will need to pay for a Trading License, which ranges between USD 5 and USD 50, depending on how quickly you onboarded — unless you got very lucky and were one of the first 10,000 users of My Freedom Coin, in which case your Trading License is free. 10% of the Trading License value is
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