Has there been any estimates on how the dividend payment is calculated?
None yet, other then ICN holders will split 20% of the profits from all funds.
woow, woow, hold your horses, cowboy. The only 20% profits is from ICNP. If you don't directly invest into some fund, don't expect 20% of the profits.
For the passive managed funds, such as ICNX, expect something like 2% annual.
In any case, it is better to wait for further announcements, which for sure will come before OFM goes live.
Yes, it is too soon trying to calculate the weekly dividends stream. I think that dividends will be very low in the beginning, at least few months into fully operating OFM.
WEEKLY Dividends payments will increase exponentially once OFM platform launches and traders start their own funds & compete to be most profitable funds to gain more investors & more commission.
ICN holders get WEEKLY Dividends from ICNX & ICNP AND from EVERY SINGLE FUND on OFM platform.
e.g. If OFM platform grows to 100 index funds, ICN holders get WEEKLY Dividends from ALL THOSE 100 index funds.
Exactly. It will probably take few months to take off. Traditional investors will want to see how it works before jumping in.
Once they do Iconomi will really moom and behind
Pretty sure we'll reach 100 Index Funds on Day 1 after OFM platform launch...
Every crypto trader wants to be the next Gordon Gekko or Wolf of Wall Street
Top fund managers will attract investors as soon as they show some good trading history.
People will be so busy allocating their funds between top fund managers and index funds on OFM platform, they won't even know nor care that ICN holders are getting Dividends from every fund manager or index fund on OFM platform. That's what I find most appealing about holding ICN
