BuyYourDebts’ token launch (BYDT) is targeted for April 2018. The BYD tokens will be utilized in conjunction with our smart contracts. Tokens will have a base value of $1USD each and usage value range of $3-$9 each after start of operations. As demand increases we are projecting BYDT’s high-end to pass $12.
An estimated 5 million tokens will be made available during the initial launch. Tokens will be repurchased by consumer for use of the BuyYourDebts platform when they need to generate a smart contract for the sale/purchase of their personal debt. The specific token value will be correlated to the final purchase amount reflected in the debt sale. Some contracts may push the token value over $20USD. Tokens will retain their base value of $1 and will be repurchased upon request or investors can trade them on the digital currency exchanges.
More info to come…