Topic: [ANN] ETX - ✅🚀A self-sustaining, secure and transparent game of fear and greed. (Read 167 times)

All info is on https://ethdividends.com

Whitepaper https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3161248

Quite good. I'll keep an eye on this one. This one is really a different project than others.

This sounds pretty cool.
Tokens and dividents in ETH would be linked together in a closed bubble, right?
That 10% is the twist I guess..

https://ethdividends.com

Whitepaper https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3161248

ETH DIVIDENTS TECHNOLOGY

When someone purchases or sells an ETHDividends token (ETX), 10% of the buy/sell price is split by the total number of tokens and given as locked-in dividends (priced in Ether) to all previous buyers based on how many ETX tokens they own.

DIVIDENDS

10% of every buy and sell will be rewarded to token holders. Strong hands will be rewarded through every crash and pump. The smart contract, unlike other schemes, will allow you to directly convert your dividends back into tokens, increasing your ability to earn more dividends.

FOREVER

Seriously, no self destruct, no exit scam. This contract will fluctuate in price and pay out dividends until the Ethereum network dies. At any time, you can sell your tokens back to the smart contract for 80% of the current price, or withdraw/convert the dividends you've accumulated!

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 Every time somebody buys or sells an EthDividends token, the price changes - 0.2% higher upon buy, 0.2% lower upon sell. If you keep your tokens where they are, you receive 10% from every buy OR sell transaction based upon your current share of tokens. You can convert your current token stash into Ether where it will sit in your dividends pool - your dividends are stored in ETH, not in tokens, so their value remains stable (as long as the ETH price itself remains stable.) However once you've converted your tokens, you won't be gaining any dividends - and if you want back in you'll need to either purchase more or simply convert your dividends pool straight back into tokens.


: Our system mitigates the risk of fast dumping by penalizing sellers for doing so. If there is a sell off period, you will still be collecting dividends, as well as gain a larger portion of the total token market share in the process. If a buy/sell cycle occurs, the token holders will still collect dividends off the sales, in addition to gaining a larger portion of the total token market share in the process. This way, those who attempt to time the market and perform swing trades; selling high and re-buying low, will be risking a lot - and losing out on soaking up all those precious dividends. If you'd prefer to sit back and play it safe you will profit off of the madness of the greedy whales and weak-handed alike.

https://ethdividends.com