Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO LIVE]PECULIUM -First Saving System in Crypto Driven by AI - AIRDROP!
by
mvillar
on 20/12/2017, 10:28:25 UTC

Just read something in the whitepaper, a lot of information, especially technical information where I would rather wait for a translation.
But what I noticed is this:

At the end of every SOLIDUS period and every
financial year is a percentage of the company's profit
transferred to ETH wallet. The ETH is then
redistributed to all token holders according to the
percentage of PCL Tokens owned.

Another incentive to invest, I like this

This is a very nice initiative. Eventhough Peculium is not the first one to do that. If I were Peculium, I would have initiated litecoin or bitcoincash or dash as rewarding currency than ETH. It has become too much for ETH now. ETH cannot handle the load and is visible clearly. When possible, projects should go out of ETH and look for more stable options.

I really like that part of the white paper, it’s good for investors to know what that there is a potential dividend pay out/profit sharing initiative which is paid in ETH. It will make more people want to invest in the project and it’s a really exciting concept.
As an investor I like this BUT this won't pass the Howey test so it will make this token to be out of the major exchanges forever. I'm fine with that, what I'm not fine with is with companies changing everything after ICO to try to comply with the rules to be listed in exchanges (TrueFlip I'm looking at you).

TLDR: Dividends means this token will be stuck in etherdelta forever. I'm fine with that.