SEYCHELLES, June 04, 2018 (GLOBE NEWSWIRE) -- IP.Gold announces a significant update to its Token Economics that provides IPG contributors and token holders greater security, liquidity and gross revenue share opportunities.
As the cryptocurrency ICO market continues to mature, IP.Gold continues to mature with it. IP.Gold has updated the IPG Tokenomics to provide further clarity, flexibility and security to the community and token holders. In addition to a fixed 10 year asset life and defined exit strategy, IP.Gold will now have token buyback/burn events throughout each operating quarter to boost liquidity and a 2 year elective reinvestment option for the Quarterly Gross Revenue Share distribution. These updated entitlements are in addition to the existing 12 month downside protection and 3rd-party fiduciary asset security guarantee.
IP.Gold acquires, leases and monetizes IP addresses - the “real estate of the Internet.” IP.Gold also operates a scalable, proven IP asset Ecosystem - a set of services and strategies that maximizes the monetization of IP addresses through their lifecycle - while providing asset growth and security, downside protection and risk diversification. Similar to real estate, IP.Gold acquires large blocks of IP addresses at good prices, sub-divides them to create diversity, builds services on top of them to maximize, leases them to a growing list of customers and sells them in the robust IP address trading market when the price is right.
“We are reaffirming our commitment to our community and token holders by offering them greater security, flexibility and liquidity in the IPG token,” said David Callender, CEO at IP.Gold. “By listening to our community and meeting the market needs, we are continuing our commitment to transparency, value and service to our community above all else.”
“We are thrilled to have IP.Gold as our first partner as we take the COMSA Global Platform live and scale the opportunity to our extended community,” said Tom Beno, CEO at TechBureau North America. “IP.Gold offers a unique opportunity in the space - a currently operating, profitable IP asset management system that is transparent and well suited for the distributed ledger world.”
IP.Gold is currently conducting its Public ICO Through July 11, 2018.
ABOUT IP.GOLD
IP.Gold operates a scalable, proven IP asset ecosystem that maximizes the monetization of IP addresses through their lifecycle while providing asset growth, downside protection and crypto volatility diversification. The IP.Gold ecosystem delivers many services simultaneously on an IP address, which maximizes the ongoing revenue model. By integrating blockchain, AI and machine learning, IP.Gold will streamline the costs associated with acquiring IP address assets, managing the value of the IP address assets and significantly reduce operational overheads. https://IP.Gold
ABOUT COMSA
COMSA streamlines cryptocurrency fundraising and cross-chain transactions, simplifying many of the uncertainties that come with running a token offering. Projects that use COMSA benefit from a completely streamlined process of selling and distributing their tokens, and subsequently listing on exchanges.