Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
stromae
on 03/07/2017, 19:55:23 UTC
hello
It is said that Token Holders will get 0.5% reward from each transaction.
Coul you please specify how are you going to calculate that? Is it 0.5% from the fees paid while transaction was occured, 0.5% from TenX income of the transaction or 0.5% from the amount of transaction?
Thanks in advance.

Assume $1,200,000,000 transactions per year

0.5% = $6,000,000 / 202,000,000 PAY = $0.0297 per PAY per YEAR

$1,000 PAY @ ICO = 1240 PAY

$0.0297 x 1240 = $36.828 per year

I don't think $1,200,000,000 transactions per year is reasonable. Why the hell do people spend money more than a billion dollar with this standard card? Plesae do your calculations properly, otherwise, you could face a serious problem after your investment.