Post
Topic
Board Announcements (Altcoins)
Re: 📡SCIENTIFICCOIN - Invest in scientific discoveries🎓+ get royalties📈[DAO]👓
by
ZeroCrypto
on 04/09/2018, 16:02:29 UTC
Could you guys please explain a bit more about the dividend thing and how will token holders benefit from it?


At the end of the year, we will accrue how much successful ICOs raised. We will split the 5% of the value among SNcoins holders


That's a good thing but, the dividend will be in ETH or your native tokens?

There are still doubts on this... we should buy back our tokens to distribute them as a dividend

A buying back of the tokens could support the price which would make investors happy.

This is similar to a buyback in the stock market where companies buy their own shares. The purpose is to keep the stock price high or because the company thinks its stock price valuation is undervalued. It could work also in crypto since the concept is the same.