Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO starting in 48hrs
by
Oralmat
on 23/08/2016, 18:42:22 UTC
Can you provide access to some scenarios that lay out how the dividend math to token-holders would work in practice? I would imagine that some folks here may not be that sophisticated in their understanding of how the value flows through the layers here. Thanks.

The most basic concept will work like this. We'll issue 100m ICN tokens.

Then we'll create CTF and CMF funds.
With those funds we'll earn profits.  
Some of profit will be used to pay the team and our expenses (however, for as long as we'll still have funds from ICO we won't take any profits for team and expanses, but will distribute all the profits to ICN token holders). The rest will be distributed to ICN token holders.


Hypothetically if we create 3m EUR profits in our first year and we'll burn just ICO money (which for the first year it will definitely be the case) then 3m EUR will be given to ICN token holders as dividends. Payouts will probably be weekly or even more frequent.

ICN will effectively be a "coin" with dividend. One that you can buy/sell on exchange. And while you hold it it brings you a dividend. And the value goes up/down accordingly.



Dividends will be paid in ICN, correct ?

No. Dividends will be paid in ETH.

If they would be paid in ICN, we would need to create more ICN tokens. And ICN will be build on top of Ethereum, so paying it in ETH will work our of the box, because technically holding ICN token will mean that you hold private key of an Ethereum address which has access to ICN.

It's quite a technical question. Let me know if you need deeper explanation or simplified version.

Can you give me in simplified version, of how this ICN will work and how much time we have to hold the coin to get the dividend , like what others are offering in POS state does it mean like that, If the dividend is high then i can hold for 3 to 6 month of time.

Can't get any more simpler.

Dividends will start when first fund is launched.

Yes, All the details are mentioned in the first Post by OP and it is quite clear and easy to understand. If you still cant understand anything you tell for that specific area and we shall try to help you.