Quote from: Xavofat on February 17, 2021, 09:13:42 PM

The Exodus website's FAQ and the CEO's statement in a Reddit thread don't address dividends at all, nor does it state on its website how much revenue it earns, so finding out how much revenue Exodus earns is seemingly just speculation. That lack of transparency is another reason why I will not be investing.

Actually, the revenue they claim is on the IPO announcement page, one tiny line at the end.

Quote

For the entire year of 2020, we expect revenue to exceed $20 million.

20 million in revenue is peanuts compared to what they aim for and they don't say a word about what percentage of it is profit (if any), and if not some of this is generated by their crypto holdings and not their actual activity, so I wouldn't expect that investing in their shares would outperform a simple investment in BTC.

Quote from: hugeblack on Today at 11:46:28 AM

I did not read about those distributions, but that wallet does not make any money from providing them with its services may be they may sell users' data even though I do not think they are doing that (nothing prevents them from doing that.)

Fees from the exchange built in their wallet will probably be their main source of income, the second one might be the lending business I've seen them sending some signals they would involve themselves in.