Dear WavesGo Community,

First things first, we hope you enjoyed your holidays and had time to spend with your friends & family. We’d like to take this opportunity to wish you all a happy New Year and all the best for 2018. We are looking forward to tackling this year’s challenges with you having our backs.

December was a tremendous month for Waves: Waves-NG was activated on MainNet, minimum balance requirement for full nodes was reduced to 1000 WAVES and the new user interface was released to the public for rigorous testing. Now, before we have a look at this month’s buyback statistics, make sure you have read this for better understanding.

TL,DR:

“Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market. Moreover, we are going to use the 50% retained MRT from mining operations for the buy back program too.”

Size of Buyback: 2’769.26149582 WAVES & 0.03738796 BTC

(162.97 WAVES from operation; 2606.29 WAVES & 0.0373 BTC from mining)

WGO purchased & burned: 100’886.97643018 WGO

Average price: 0.02796605 & 0.00002425 BTC

Burn TX: http://www.wavesgo.com/transactions/Ae2JNn4UGniNjQpyozmqxiVQDq7wHVn6Wrf8PPGgXfNy

Check the following link to see new total supply of WavesGo, pulled directly from the blockchain:

http://www.wavesgo.com:8080/wavesBI/assets/4eT6R8R2XuTcBuTHiXVQsh2dN2mg3c2Qnp95EWBNHygg/supply

As most of you probably know, the MRT program ran out end of December without replacement. Thus, we expect profits from mining to reduce significantly which also means that our Buyback fund will be much smaller than previously. We anticipated this scenario and are ready to take a couple of slower months before we go to market with our ICO platform.

The next Buyback & Burn is going to take place in the beginning of February 2018.

Find us online

Connect with us on social media to stay up to date:

Slack: http://wavesplatform.herokuapp.com #wavesgo

Twitter: https://twitter.com/GoWavesgo

Facebook: https://www.facebook.com/WavesGo/

Email: go@wavesgo.com