Quote from: Daparski on March 08, 2017, 11:42:39 AM

Quote from: CityStreet on March 08, 2017, 11:23:28 AM

Quote from: Mendeleev on March 08, 2017, 10:41:04 AM

I feel like some people aren't understanding that the 30% of the management fee is what will be distributed as dividends... not just profit for the Iconomi team.

Fund manager keeps 70% of the fee they charge.
30% is split across 100,000,000 ICN.

Roll Eyes

If management fee for OFM is 1% @30%, they get 30% of 1%p. a. and most of it will be distributed as "dividends" among 87.000.000 (!).

Or 1% of OFM NAV (nett asset value) diveded by 365, you get daily man. fee, and 30% of it is "daily" income for ICN holders, as stated, should be distributed weakly...

ICNX and ICNP goes as 100% of the fee ...

example:
if OFM has flat NAV through the 365 days 100.000.000 EUR NAV
1% man. fee -> 1.000.000 EUR p.a.
30% of 1% -> 300.000 EUR p.a.
300.000 gets distributed among 87.000.000 ICN holders or 0,00345 EUR / ICN on yearly basis.

That's the way I understand it. Please correct me if I'm wrong.

I think it is still too early to calcualte OFM (DAMP) fees structure in details. Let's have the platform with ICNX released first.

You have one fundamental mistake - dividends payments will always be distributed to all 100M ICN tokens

Aha, thank you.
Yeah, agreed.
But basic understanding in this calculation is - cca. 1% dividend yield @current ICN price.