Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
aDAPPter
on 17/12/2016, 00:51:17 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!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.


Buy from the market, duh. I didn't say they should create more.
That's actually a good point.

If they buy Dividends from the market as ICN instead of ETH, then ICN price will go through the roof.  Shocked

Weekly Dividends in ICN means ICN price could go to the Mars !   Shocked Shocked Shocked