Still radio silence on the April dividend payment and don't see the full April Report anywhere...
But I received a web wallet dividend payment of 124 POSW or 0.00248 percent
And my QT wallet received a very similar, dividend payment of 0.00247 percent
In March they used 70,000,000 coins as eligible...
So April payout = 70,000,000 * 0.00248 = 173,600 POSW
Using this approximation:
March Payout = 278,000 x 0.00000750 sat = 2.08 BTC
April Payout.. = 173,600 x 0.00010000 sat = 17.60 BTC
If it's anywhere close to this spectacular result...
Revenue would easily support a $6 million valuation based on 50 P/E ratio... and projected revenue growth
second, circulation supply is 41M 70M is max supply that takes years to get there.
Why you think april dividend price calculation is 10k, why not 18K?
This month dividends were about 0.25%...
- they used 70 million to calculate the March payout
- 10K is a reasonable approximation, 18K is not
- so we agree on the 0.25%... I just formatted it differently
If the net payout was in fact close to 17 BTC, this is *** outstanding ***...
Though not releasing the April Report yet is unprofessional...
And let's not even talk about screwing the hottest coin in crypto.
This kind of bad PR explains why POSW was only 300 sat 6 weeks ago...
And it is STILL very cheap relative to more professional (but scammy and pointless) projects like STEEM.
Seriously, this is a unique $5 million project with real revenues (and with exchange maybe $50 million cap in 6 months)...
With what appears to be a 16 yo in charge of Public Relations. Please hire a pro. Thanks.
