Does dividend payout start as soon as they launch the OFM platform? Also do I have to sync my wallet at myetherwallet.com to receive the dividends? Thank you!
Dividends will goes with fees. You have 3 fees tranfered into dividends:
OFM fees - no idea now what it will be it can be. I can imagine like polo 0.1-0.25% of all invested assets.
Withdraw fees / change some parameters and stuff like that / premium features.
Index fees - that depends from money got into funds. ~2% for icnx and ~`20% icnp .
To get high fees ICONOMI have to deliver some performance once they will deliver it will bring more and more clinets.
In real ETFs there is a lot of cash floating arround and those lvle's are not crypto one.
Imagine that ICONOMI is performance fund is managing 5m$ and it make one year 100%profit (sometimes its more than easy)
Then you get 20% = 1m$ into dividend and then you divide it by every token holder.
From perspective look at BitMEX volume 30m$ and BitMarket volume 0.5m$ daily its about
fees from 75k$ - 1,25k$ daily - just from fees.
If ICONOMI will have good results you can count on ~3$- ~50$
daily from all sort of fees per 10 000 ICN.
To get to that lvl iconomi needs time.
In Stock market 5% revenue is OK so with current price ICN should provide income like 1.5m$ to be considered like good stock...
BUUUUT we have 6000BTC looking for performance that is about 6m$ right not when it give 100% income (which is not that HARD as you know)
ICN tokens should be priced at least 4x more than now add to that all fees.
So from fundamentals ICN can rise 4x-10x in 1st year.
Ofcourse you can dump ICN now for 30k sat but i have patience.
