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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 22, 2017, 05:27:25 AM


Okay so this was a joke but this is the dividend for that 1000 ETH profit unless I got something mixed up. The 1000 ETH they made off of that one Golem trade with the ICNP fund is around $40,000 profit (~$40 USD/ETH at this time), ICN holders get 30% of ICNP profit, 87,000,000 ICN currently in circulation => 1.38x10-4 dollars/ICN. So that would be a dividend that is currently worth 1/2898th the price of token (~$0.4).

Pretty small, but that's just for 1000 ETH profit off of one ICNP trade.

That's not taking into account other profit they have already made from other ICNP investments and the Byteball distributions, but most importantly that's not taking into account what can be made in the future. They still have all these funds (currently ~19 million USD) from the ICO for ICNP investments:
    BTC: 3KbWWjumBGLBUWYCeidydxe1uET9QyWoEg
    ETH:0x154Af3E01eC56Bc55fD585622E33E3dfb8a248d8
    LSK: 6300322192409448238L

They've barely even started.

And that's without even considering the potential profits from fees from ICNX and the OFM  Grin


there are 100,000,000 ICN. The 13,000,000 are held by the founders, but I'm pretty sure they still get dividends....
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