Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Rhea - a unique cryptotrading platform!
by
dsertov
on 02/10/2017, 11:46:56 UTC
What percentage of the total profit will be given out to the token holders? Can you tell me approximately a month when you will send out the first dividends?

TY
Hi, thanks for the question. Token holders will receive quarterly dividends after the platform is operational. Dividends will range from 20% to 40% of revenue, depending on the success of the ICO. You can find a more detailed explanation of the dividend distribution system in our WhitePaper. Token dissemination will be completed until 30 Nov and the platform will be operational in March at the latest. As we have already started building the interface and options algorithm this will probably be sooner. The first dividend is expected to be sent out in June at the latest. Don't hesitate to ask us any other questions if you would like further clarification. Thanks

How are the dividends paid out? Assume buying through myetherwallet using a wallet such as Jaxx would the dividends be received in Ether in to the Jaxx account or paid out in Rhea tokens?
Hey, Rhea token holders will receive dividends regardless of where they keep the tokens. They will need to register on our platform which will grant users many benefits related to dividend information such as: estimation of next dividend amount, dividend due dates and daily transaction information and news. Dividends will be paid out in RHT on a quarterly basis. Trading options will require an account with Rhea tokens in it, but if someone just wants to receive dividends then they can hold their tokens in ERC-20 wallets.