Post
Topic
Board Tokens (Altcoins)
Re: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡
by
nwosuchristabe2
on 28/07/2019, 17:58:03 UTC

From my understanding of the project, minedblock security tokens is more like a token that gives one the mineable right to some mining rigs where several cryptocurrencies can be mined. The mineable right should be temporarily in nature to give others the opportunity to mine

No, the secuirty token is more like a share of their company and it gives you the right to receive part of what the company ears with mining as some kind of dividends.

Thank you for the clarification, it's a good decision for the team to give investors an opportunity to share in the company's earnings. Do you have any idea on how often the dividend would be paid to the investors and if there's a yardstick to know what every investor is entitled to receive.

I'll also love to know duration for each dividend payment, would the investors receive their dividend daily, monthly quarterly or annually. The timing of the distribution is necessary to ensure that investors know what they are up for. I'll suggest that the distribution of the dividend should be monthly in extreme condition as annually would not be attractive, in my opinion.

Payouts will be on a monthly basis. That's totally reasonable, I don't really see the need for weekly or even daily payouts. But what they really should have is a dashboard where you can monitor the profits you are supposed to get.

In my opinion, the duration for payment is not bad, as it would help to ensure that the amount to be paid is relatively substantial for all holders or investors of the project. I'll like to know if there's any update on the cryptocurrency which would be used for the dividend payments.

I would prefer if the dividend is paid with Bitcoin or ethereum, though it's possible for the team to pay dividend in the project tokens. I believe that payment of dividend with ethereum or bitcoin would be much more appreciated by the investors.