Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
jackiedragon
on 16/12/2016, 16:12:46 UTC
This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 Shocked Shocked Shocked Shocked
even being a noob.... stop and think... Smiley
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!