Ok let's do some calculations:
100 million coins x 0,0005 btc = 50.000 BTC.
50.000 BTC x 500 Euro = 25 million Euro's
So let's say i am an investor and would like to get a little more return on investment then a savings account.
I want a return of 3% per year.
25 million euro x 3% = 750.000,- euros
The company suggested that the tokenholders would get up to 15% of the commission of 0,5% that is charged to consumers for every transaction.
For the tokenholders to get a return on investment of 3% the company has to realize a transaction volume of 1.000.000.000 (1 billion) euro's per year.
(1.000.000.000 x 0,5% commission x 15% payout tokenholders = 750.000 euro)
1 billion euro of transaction volume! how much is that? Visa has around 50% of total global transaction volume for debit and credit card worth 3,3 trillion USD.
So with a transaction volume of 1 billion, blockpay would be small compared to Visacard which is 3300x bigger.
But the cryptospace has a marketcapitalisation of around 10 billion Euro.
So the succes of blockpay is hugely depended on the growth of the cryptocoin consumer.
If it reaches 1 billion transaction volume, i would say blockpay is very succesful. But even then the return on this high risk investment for tokenholders is a lousy 3%.
I am enthusiastic about this project and would love to participate. Because i think the cryptoscene could and should manage to become successful without Venture Capitalist from the 'real' world. But under these conditions it is more a donation then an investment. Don't get me wrong, i want you to become succesfull, but i will wait to invest in this coin when it hits the exchanges (at much lower prices).
Cheers!