2,461,538 RDINIs were used as payment instruments and talent incentives (Sept 1 to Nov 30 2022)
For the period of September 1 to November 30 2022, a total of 2,461,538,000 RDINIs were used as a payment instrument for services rendered by regular suppliers and talents incentives. Said amount is well within the budget set in the whitepaper and the tables published on the website under RDINI as payment and talent incentives. The RDINI value in the transactions was on average 0.0425 Algo as the transactions mostly occurred in October and early November. Escrow undertakings applies to the large majority of the transactions. A large portion of those RDINI used as payment or talent incentives remains as set aside on the accounts of the company as of December 1st as they will be delivered at the end of the escrow periods.
Fixed price for RDINI as payment instruments for the remainder of 2022 is 0.065 Algo per RDINI based on 90 days escrow undertakings.
Additionally, 2,000 RDDAF1 tokens were placed with partners during the same period on the basis of 82.05 Algo per RDDAF1 minus a discount. Those RDDAF1 tokens are also subject to a no-sell for 120-day from public release undertaking.
750,000 RDINIs were used as payment instruments for the payment of Services (June/July 2022)
During the period of June & July, 750,000 RDINIs were used as a payment instrument for services rendered by one of our regular supplier. The RDINI value in the transaction was based on our current 0.025 Algo requested price. No escrow undertakings ...
Selling your RDINIs
We had initially setup up pools on Tinyman and Algofi but there was daily price manipulation by bots designed to extract $Algo through a series of transactions within a 2 pools combination. We subsequently tried it using Tinyman and Humble Swap but ...
RDINIs Algodex Pool Sold Out - August 2022
On August 4th, 2022, the remaining of the RDINIs released in May 2022 and which had been made available through Algodex and Private Placement have sold out. The RDINIs release pool will remain empty until the next public release in October 2022. ...
2,500,000 RDINI sold through Private Placement - July 2022
We sold 2,500,000 RDINIs through a private placement at a 20% discount from our current price of 0.025 Algo. As part of the bulk and discount agreement, the buyer undertook to lock the full 2,500,000 RDINI under an escrow until January 31, 2023. The ...
Sale of 2,000 RDDAF1 Tokens through Private Placement - August 2022
As part of our pre-sale of RDDAF1 Tokens, in accordance with the RDDAF1 Whitepaper, we placed 2,000 RDDAF1 Tokens through a Private Placement sale at the 50% discount stipulated in the Whitepaper for the pre-sale. As part of the agreement, the buyer ...