Post
Topic
Board Tokens (Altcoins)
Re: [ANN][PRE-ICO] STAMPS - The Issuance of Equity Tokens For Real World Businesses
by
KryptoKash
on 16/11/2017, 19:09:37 UTC
The dividend payments will be determined on-chain and paid on-chain? Or are you acting as a kind of external accounting service taking care of all payments and stuff?

Dividends will be paid out in BTC. Within our stamps wallet, users will be able to enter their BTC address. Access to proper tax documents will be available in the wallet as well in the event a business requires this before paying out. There will be terms set fourth by the company when they have their Stamp Release that will dictate the amounts. This will all be made public in the contracts which will be provided between the business and their equity token holders. These contracts will be made available in our wallet and on our Stamps Market Cap site.


it's sounds cool, but have all the problems been solved? who is in charge of the regulation? who is auditor?
Prior to having a Blue Stamp  Release, we will hire an independent 3rd part to review the business's financial statements. While we can not guarantee them to be 100% accurate we will provide the results of the audit to our Stamp Holders.  Every Blue Stamp Release will include a contract between the Equity Token issuer and their holders. This will outline the rights of the holder, audit enforcement, equity representation of each token, and other legally binding terms and conditions.