Excellent Idea - However the skeptic in me wonders the below
I would want to know more about the
c. The website informs that "20% Profits" would be distributed amongst the token holders .
Assuming if 1 Mil is the profit at the time the token holders are 100k and assuming the token holders increase from 100k to 500k in 5 years .then the 20% would be every decreasing (assuming the profits are not increasing at the rate the token holders are ). The policy is not equivalent of holding a finite number of shares in a limited liability company. Nor does it mimic the bond bearer instrument. (am confused)
thanks
wcxofficial says earlier in this thread that the tokens sold in the ICO are the total amount ever (no later token/coin sales). So it shouldn't go from 100k to 500k tokens/token holders...it should just be the number of tokens sold during the ICO (all excess will be burnt, they say).