Maintaining Stable Pricing
The Philanthropic Counsel Global Fund (PCGF) has been established to ensure stable pricing of the GDPC Token. The Council is represented by GDPC Token Holders from several Countries throughout the World. Each Council Member is responsible for monitoring and ensuring stability of the GDPC Token in their respective Community, Region, and Country. The PCGF will receive five (5%) percent from every GDPC Token sales. This is to ensure pricing stability.
Any time the GDPC Token has a Value of $3.01, the Community Representative will purchase the GDPC Token. In the event the value of the GDPC Token has a value of $2.99, the Regional Representative will purchase the GDPC Token. In the rare instance the value of the GDPC Token reaches a value of $2.97, the Country Representatives will purchase the GDPC Token. If the GDPC Token ever reaches the value of $2.95, The Philanthropic Council Global Fund will purchase any GDPC Tokens that have not been purchased by any of the previously mentioned Representatives. GDPC Token has a 3% purchase and 6% sell tax.
In the event a GDPC Token holder wishes to sell any “Locked” tokens, the Community Representative has “First Right of Refusal” to acquire the GDPC Token at a 10% discount off “Market Value''. Second Right of Refusal goes to the Regional Representative. Third Right of Refusal goes to the Country Representative. In the event the “Locked Tokens' ' were not acquired by any of the above-mentioned Representatives, the Philanthropic Council Global Fund (PCGF) will acquire the “Locked Tokens”.
The ultimate goal of the ecosystem is to provide liquidity of any and all tokens in the event the token holder has a need to cash out prior to complete vesting.
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