Why all the noise about dividends now, this has been started before and people were advised to move their tokens to the wallet which they control the private keys not exchange wallet
I haven't moved my ICN yet, so I'm keeping them in ico.iconomi.net wallet so will I received the divideds?
I'm not sure that I hold the private key since it is a web iconomi platform??
It was EXPLICITLY STATED that if YOU HOLD your ICO tokens on the native platform, you will GET YOUR DIVIDENDS.
If you moved your ICN to an ETH wallet, then as long as you have access to the private keys to said wallet, you get dividends.
So these are the TWO CLEAR-CUT CASES where you get dividends.
As for exchanges paying dividends, it's up to them.
Thank you for clearing this up as there have been many pages and is hard to read all of them
But you have missed my other question which is as much important as the first one:
But the question is when is this going to happen and how much will be dividend for 1k ICN?
you are gonna get shit for 1K ICN unless iconomi makes a billion dollar profit every month.
Why nobody tells how much is the dividends, how much can I expect for 1k ICN ?
At least in ICN or in % how much is that, 1%? I have 1,786.70 ICN and want to know how the dividends will work!
That's all, thank you...
I don't expect dividends to be significant until OFM platform is launched and starts generating fees.
Estimated Weekly revenue of trading platforms (24 hour volume × trading fee × 7 days):
Bittrex: (0.25% fee): $12k
Bitstamp: (0.20% fee): $35k
Poloniex: (0.35% fee): $203k
Optimistic scenario is OFM platform starts generating as much revenue as Poloniex. Then 1k ICN would rake in a massive $2.03 per week in dividends.
Great analysis, That would mean each ICN token will be valued at minimum $10 in a traditional sense due to the dividends it generates. However, since technically speaking it is an actual share of a company, the value of each token will be even higher. This is because as a token holder, you are a part owner of all the intellectual property that is part of ICN. I.e. the website, trademarks, branding and other rights. Those values are really hard to calculate but usually depend on the user base. That's why Whatsapp, Snapchat, Uber, Airbnb etc... are all valued in Billions not Millions lol
I guess it just depends on how many people the devs can attract to use the platform. Hopefully, they will have a killer UI and will be quick to respond when we request certain features to be implemented. If the platform is slow or has lots of glitches and is not responsive on different devices/browsers then it will make it really hard to attract new people. We will see in 10 days how well it has been designed and will give us a clue how big OFM can go!
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