So with 11k ETH raised... future profit sharing is currently at 11% not 40%? Just need to clarify.
Yes and no. As all unsold tokens will be burned so your share of the profit should be the same
Lets say that you own 1000 tokens out of 10000 tokens with 40% profit share, that would make your share 4%
Now if you own 1000 tokens out of 2500 tokens with 10% profit share, that would also make your share 4%
That is true to an extent. Yes your share of the profit being shared will be the same... But the profit being shared will not be 40% it will be 11%
So say your due 1% of the profit share... you are now due 1% of 11%... instead of 1% of 40%
So for example... Say total profit was $100,000 you will currently receive 1% of $11,000 rather then 1% of $40,000
No you are forgetting to take the amount of tokens into account.
1% of 1,100,000 is 11000 tokens you need to own
1% of 4,000,000 is 40000 tokens you need to own to get the 1%
Using my example again
1,000 tokens out of 10,000 tokens with 40% profit share, that would make your share 4%, add a $100,000 revenue and you would be getting $4,000 in dividends
Now if you own 1000 tokens out of 2500 tokens with 10% profit share, that would also make your share 4% add a $100,000 revenue and you would be getting $4,000 in dividends.
This is due to the fact that with a lower percentage of the profits, there will also be a lower amount of tokens, increasing your relative share of the tokens.
With 1,000 tokens out of 10,000 you own 10% of the tokens, with 1000 tokens out of 2500 you own 40% of the tokens and thus will get a 4 times larger share.
nice explanation my friend, this is what ethbits PR is explaining since the early days.
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