Finally some news about the Dividends .... err...
"Investor Return". So how much in all is the Investor Returns that will be distributed? And how is the computation? Daily average of MNM which is over 10K or just the final number of MNM at the end of month?
Dividends
First, in order to stay totally legal, we will rename the Dividends to Investors Return. The Investors Return will be paid monthly to the registered holders with at least 10k MNM in their wallet.
In order to claim your return, you will need to have been registered as a Shareholder into MyMINEUMs platform during the month of July. The total amount paid will be announced around August 20th, when the system will be up and ready to initiate the payment to investors. More details about the way itll work will be announced at the same moment.
Generally, users will be able to claim their return about 20 days after the end of the returns period. Investor Returns will need to be claimed directly from MyMINEUMs platform. It will be your responsibility, as a shareholder, to claim them. They will be paid into BTC.
No Investors Return (dividends) will be paid to a holder of 10 000 MNM or more who didn't register as a shareholder during the month of July. Unclaimed amounts will be added to next months balance.
From the op
The Quantity of coins held
The quantity is evaluated many times per day by our automated system. An average will be calculated at the end of each dividend period to determine the BTC amount due. If you hold less than the threshold of 10 000 MNM at any time during the time at which the automated system is checking account balances, the system will determine that you are ineligible for that duration.
And from their website
100% of the profits will be sent as dividends to shareholders.
The other 51% will be divided into four (4) categories
Research & Development (25%)
o This part will act as an extra budget for the Research & Development
program. It will be added to the voted budget by Shareholders.
New Equipment (25%)
o This part will act as an extra budget for the acquisition of new equipment.
It will be added to the voted budget by Shareholders.
Creation of New Bounties (25%)
o This part will act as the creation of new bounties. Including contest, social
media bounty or similar area.
MINEUM Core (25%)
o This part will goes to the core team.