UPDATE:
ICONOMI acquires 9.766% of Byteball initial distribution free of charge
ICONOMI has successfully linked its bitcoin wallet to the Byteball project, taking part in the first round of byte token distribution. With an ICONOMI balance of 6900 BTC, ICONOMIs stake in the first distribution of bytes represents 9.766% of initial distribution, making it the second largest participant. The value of all acquired Byte tokens is already approaching 200,000 USD.
https://medium.com/iconominet/iconomi-acquires-9-766-of-byteball-initial-distribution-free-of-charge-cd9c4a5d49ac
ICONOMI acquires 9.766% of Byteball initial distribution free of charge
ICONOMI has successfully linked its bitcoin wallet to the Byteball project, taking part in the first round of byte token distribution. With an ICONOMI balance of 6900 BTC, ICONOMIs stake in the first distribution of bytes represents 9.766% of initial distribution, making it the second largest participant. The value of all acquired Byte tokens is already approaching 200,000 USD.
https://medium.com/iconominet/iconomi-acquires-9-766-of-byteball-initial-distribution-free-of-charge-cd9c4a5d49ac
Woah, that's great news!
Since ICN holders receive ~20% of realized profit from ICNP, that means Iconomi is distributing some byteballs "directly" to ICN holders.
Unrealized profit for ICNP from 5m GNT investment is currently $12.8k. Unrealized profit for ICNP from byteballs is 4,221.28825 giga bytes ($86.5k)
~20% of the total unrealized profit for ICNP is currently $19.8k, which should technically be factored into ICN market cap as unrealized dividends.
