The moon here: Ripple doubled the income from the sale of tokens, XRP
Source:
American technology company Ripple reported for the third quarter. According to the report, income from the sale of tokens has doubled compared to the previous quarter. The company sold tokens on 163,33 million dollars, more than two times higher than in the previous quarter. Then the company sold tokens on 73,53 million. Sales were conducted using Ripple and XRP subsidiary II, LLC. The parent company earned 65,27, and daughter – 98,06 million dollars.
Sales in the third quarter is 0.172 percent of the world total tokens XRP in circulation. In the second quarter, the rate was 0.125 percent. As in the previous quarter, the Ripple for the third quarter released 3 billion XRP tokens from escrow a billion every month.
The company argued that at the moment 400 million XRP are not returned to escrow. These tokens are used in different ways to maintain the ecosystem. Ripple is the fairly low volatility of the price of XRP throughout the third quarter. Except that towards the end there has been a slight uptrend. It is worth noting that some experts even token XRP rise to several hundred dollars.
Last month, Ripple announced plans to lead a group CryptoStream called Securing America's Internet of Value Coalition. The group will lobby legislators and financial regulators in Washington. The main goal is to soften the position of the government that would stimulate innovation and support competitiveness in the ecosystem of the world CryptoRandom. According to information , the group of startups will receive a monthly funding in the amount of 25 thousand dollars and 10 thousand tokens XRP.
theIncome Ripple in 2017
If you look at the past, for the third quarter of 2017 XRP II, LLC directly sold XRP in the amount of 19.6 million and 32.6 million programmatically. In the third quarter of last year, sales amounted to 0.20 per cent of the total trading volume on 16,50 million dollars. More data to search for .
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