Ninjastic
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Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
by
Mladiornitolog
on 10/02/2019, 18:04:57 UTC
Quote from: DiggerMan on February 09, 2019, 10:41:50 PM
Quote from: Obasi1 on February 09, 2019, 04:49:53 PM
Quote from: Bumenuzo on February 05, 2019, 08:47:29 PM
Quote from: Blueoyster on February 05, 2019, 10:16:20 AM
Quote from: EvilGuka on February 04, 2019, 08:48:53 PM
Quote from: MrSlave on February 03, 2019, 10:29:31 PM
Quote from: dimaVODKA on February 03, 2019, 05:07:46 PM
Quote from: MitskiThe on February 03, 2019, 04:23:15 PM
Quote from: PasjaKesa on February 01, 2019, 11:18:56 PM
Which currencies will be used to pay out the dividends to investors?

I think that it will be ETH used to pay out dividends, wouldn't mind if there was some others included too.

Shoudlnt dividends be paid out in FABA tokens?Is that possible?

That is actually good question,but for that to be possible AFABA teams should have huge amount of tokens and i doubt that is viable in long run.I personally wouldnt mind getting either ETH or BTC as dividend.

Is it actually knows what will be used for dividend payout,is that decided yet?Makes sense to be ETH as its ERC-20 token.

ETH is the currency that will be used to pay out the dividends, you can check it in WP.

Thanks for that,and it really makes sense to offer ETH and FABA as this is long term project,and there is no indefinite amount of faba tokens like its with ETH

We chose ETH as the default currency payout because we want our currency to grow with our platform rather than being subjected to only market speculation. However, in the future, we will enable the possibility of users cashing dividends in Faba tokens.

How often will these payouts happen? Is it going to be on the quarterly basis or maybe on the yearly? I'm not in the hurry btw, I'm just curious Smiley

That really depends on a lot of factors, tied to so many things.It is all bout exit strategy and quality of the company involved, kind of profit they pull, is the company in expansion and on and on. What I want to see is one example of the company that Faba team is going to offer as a voting option.