the token price for utility of $NXRA I may have missed this. Example if 10k in fees are generated how much goes to token buyback etc? It’s not clear anywhere unless I missed it.
Hi, we cannot have price related discussions here in the official chat. Token burns and buy-backs as a method of manipulating price can result in a token being classed as a security. So it's not really on the table. An alternative mechanism is being worked on to replace this that is compliant and has a real purpose, so stay tuned for announcements as AllianceBlock Nexera talks about this kind of development. : )
Using price discussion issues to not allow questions in this chat are ridiculous. There is a claimed utility of the token but no one will answer the question about utility. I then challenge that all fees are being used by the team with zero utility for the token. You have been dodging this question for almost a year now. I am a massive holder and beginning to question the integrity of the team and intention. You have utility on all the roadmaps language etc but there is none. Name one and I will digress.
There is an AMA next week ask then. @Agorajix and team are cooking I am sure they have some updates for the community. I am sure it is more complicated and anything shared is subject to approval and compliance. I know it’s frustrating but good things to those that wait.
I get your point but you have to understand that there are rules which govern our conversations here and price discussion of any kind is against the rules. The team has been very consistent with this as well. The team's focus is on bringing utility and value to the ecosystem; focusing on the value of the utility token not only risks the token being considered a security (which wouldn't really be in keeping with AllianceBlock Nexera's committment to compliance & compliance solutions), but it just isn't the way that the project has chosen to approach things. There is an unofficial price chat if you're interested in those kinds of discussions; if you search the channel and look for posts by Cook, you should be able to find it.
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