I still didn't get why ICONOMI changed their original plan of distributing dividend to buyback. If Taas can pay dividend, why can't ICONOMI?
Its simple inside the box thinking. Its easyer on them they can say we made 1k eth this quarter we will burn 500 eth worth maybe next quarter we will burn the rest. No need to right a contract that everyone can see thats hard. We like old school reports.um list goes on.
I'll bite..
Can you please explain us how it is different than dividends?
In case of dividends the team says "Hi there, we made 1K of eth from fees, we're gonna distribute it as profit among all ICN addresses with more than 42 ICN"
How is that different than buybacks? In both case you "don't know" how much profit was generated.