Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
s0nix
on 25/02/2017, 14:07:43 UTC
Theoretically you could also payout some of the BTC in form of a dividend: Every LSK gets xx.xx BTC


Who can pay off BTC

Whoever holds the 14.000 ICO-BTCs.

Quote
why?

Why not? I am sure the Lisk owners would appreciate to get some share of those BTCs paid out. Its highly questionable if those 16mio$ will ever be fully used in a productive and value enhancing way. Also a dividend at date x would definitely support the price of LSK.

Quote
What did you calculate?

What? You want me to calculate how much BTC every LSK would get? Serious? You should be able to do simple math like that by yourself.

I do not know how you get to such amounts.

Here are the facts: https://forum.lisk.io/viewtopic.php?f=52&t=1425

As of the 21st February 2017 at 6:30pm CET, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

- 572,377.69 CHF
- 517,653.10 EUR
- 10,943.958646 BTC
- 4,407,448.78 LSK
- 19,863,230,659,049 bytes

Additionally, the Lisk Foundation holds the following assets for bounties and advisers:

- 3,926,049.87211678 LSK (Bounties)
- 771,745.97898046 LSK (Advisers)

I don't see 14k BTC. But I see a good and transparent overview and a description for what that is.
And to the Byteball everything is said so far.


OK, its not 14k BTC its 10,943.958646 BTC.

That changes not much. You could still payout lets say 5000 BTC as a dividend to LSK holders and would still be able to comfortably run the further development. 

Lol
Lisk has 10.9k BTC and you mean, the Foundation can distribute just as 5000 BTC - so simple. Haha
This is for the development of a future project over the next years! Do you really think investors have put money into Lisk, so that Lisk distributes this money again?