Fellow AICoin Holders:
Cryptocurrency continues to soar, though we’ve had a trace back over the last couple of days (which WIntermute expected I might add) But January was another profitable month for the collective. We have been making some technical changes to how XAI is traded on the Panxora exchange which took a little time to get running. But I think you will find these changes beneficial and worth the wait. From now on the AICoin Reverse Auctions will be traded as XAIUSD instead of XAIBTC. Should make it easier to calculate the offer you want to put into the market.
]So, there will be a buyback event based on January’s profits. The buyback for January will be $54,269 based on 50% of the profit for the month. The maximum offer in the auction will be $0.111 USD per XAI token.
The auction will start at 15:00 GMT Sunday, the 28th of February and run until Wednesday, March 3rd 15:00 GMT.
To take part in the auction, log into the Panxora Exchange using your AICoin username and password.
Reverse Auction Details for January 2021 buyback
CURRENT OPEN INVESTMENT ASSETS ATTRIBUTED TO THE XAI PROGRAM
| Investment | End Jan 2021 Val | Benchmark Value | Change from benchmark | Funds Already Used to Buyback XAI | Gross Balance incl. Buyback | Gross Profit incl Buyback funds | Start Value |
| Sevamob | $500,000 | $500,000 | $0 | $0 | $500,000 | $0 | $500,000 |
| Wintermute | $1,306,434 | $1,197,895 | $108,539 | $197,895 | $1,504,329 | $504,329 | $1,000,000 |
| DRGN | $4,597 | $4,723 | -$126 | $0 | $4,597 | -$126 | $4,723* |
| TIP | $0 | $4,244 | -$4,244 | $0 | $0 | -$4,244 | $4,244* |
| AGI | $3,007 | $967 | $2,040 | $0 | $3,007 | $2,040 | $967* |
| IAG | $0 | $5,132 | -$5,132 | $0 | $0 | -$5,132 | $5,132* |
| XLM | $49,173 | $9,957 | $39,216 | $0 | $49,173 | $39,216 | $9,957* |
| Loans/Reserves | $241,000 | $241,000 | $0 | $0 | $241,000 | $0 | $241,000 |
*Tokens purchased by the ICO committee have been re-based when we re-started Wintermute trading. The actual value invested in these tokens averages $24,000 per token as reported previously
Information about XAI
- Total XAI Issued at Inception: 77,285,926.8 (It is a closed token and no more can ever be created)
- Total XAI bought back: 47,662,353.96
- Total XAI Float: 29,623,572.84
- Attributed Investment Assets per XAI Token: $0.069
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