Has there been any estimates on how the dividend payment is calculated?
I've already written this about ICN dividends:
https://www.reddit.com/r/ICONOMI/comments/5bi5em/what_defines_success_for_icnp/?st=ivdx8vk1&sh=07c6dbb9As the article above discusses, ICNP needs to go from its initial $4.6M to 2.7X during 2017 for a 15% annual dividend and 3.7X during 2017 for a 25% annual dividend. Hitting 3.7X would make ICN a better dividend asset than any stock on NASDAQ and make ICONOMI a rock-star crypto on Wall Street.
So let's look at the rock-star crypto 3.7X case. $4.6M X 3.7 = $17M. Profit is $17M - $4.6M = $12.4M. Dividends to be distributed during 2017 would be 20% of that profit or $12.4M*0.20 = $2.5M. These dividends would be distributed over 100M ICN tokens so each ICN token would receive $2.5M / 100M = 0.025 USD = 2.5 cents per ICN token over ALL of 2017. If there was a constant weekly distribution of dividends over the 52 weeks in 2017, then the weekly distribution for each ICN would be 0.025 USD / 52 = 0.0005 USD per week or one-twentieth of a penny per week per ICN.
So to equal the very best dividend stock on NASDAQ, ICONOMI must provide dividends per individual ICN token of $0.0005 USD per week or 0.025 USD total during all of 2017. This analysis ignores other income streams besides ICNP. This also ignores buying still more ICN weekly with your dividends for a compounding effect.
Getting back to the quote at the top of this post, EVERYBODY would be very satisfied with $0.10 weekly dividend per individual ICN. This would mean ICONOMI would be paying out out $0.10 * 52 = $5.20 during 2017 on each ICO $0.1257 ICN token. They would need $5.20 * 100M = $520M in cash to distribute as dividends to meet this 0.10USD per week per ICN target. If this half-billion dollar dividend pool came from 20% of ICNP total profits, then the ICNP profits need to be $520M/0.2 = $2.6 billion. With a B. Growing the ICNP from its current $4.6M to $2.6046B is a multiplier of 566X, in a direct comparison of the 3.7X multiplier above that would make ICONOMI a NASDAQ rock star.
Hope is a good thing for the human mind to have. Math is a better thing for the human mind to have.
Now, is ICN a panic sell if they can't hit a ridiculous 566X profit multiplier and turn ICNP into a multi-billion dollar fund in under 12 months to feed everybody's totally unrealistic dreams of $0.10 weekly profits per ICN? Not at all.
ICN IS NOT A PANIC SELL WHEN YOU SUDDENLY REALIZE THE TRUTH ABOUT IT. IT IS A DEFINITE BUY.ICONOMI is not aimed at crypto children that don't know enough math to realize when their dreams are ridiculous. ICONOMI is aimed at traditional fiat investors that currently have WAY WAY WAY more money to invest than the entire total in crypto right now. And those traditional fiat investors are all crazy starved for income yield since the central banks have collapsed interest rates to zero over the past eight years.
IF ICONOMI CAN HIT A 3.7X MULTIPLIER FOR ICNP TO BECOME BETTER THAN ANY OTHER NASDAQ DIVIDEND INVESTMENT, TRADITIONAL INVESTORS WILL POUR HUGE AMOUNTS INTO BUYING UP ICN TOKENS TO SECURE THAT DIVIDEND LEVEL FOR THEMSELVES.Traditional fiat investors do not live in the crypto dream fantasy world of hoping for 566X multipliers on crypto-ICO performance funds. They live in the real world where they will pour HUGE sums of money into purchasing any investment that can give them a 25% annual return on their money.
That may be ICN tokens very soon, if ICONOMI can turn $4.6M into $17M during 2017 by investing ICNP funds into startup crypto efforts.
And you certainly should not panic about putting your money into something that could quite easily give you 25% or more return on your investment annually.
I am HODLING.
There's also this:
Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each. This implies a market cap of "only" $400M.
Also, as a mined coin, Ethereum has inflation of 18M ETH per year. As an unmined token, ICN has 0% inflation forever. This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.
True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap.
Another reason why ICONOMI is going to the moon:
ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.ICN Dividends are paid in ETH, not ICN.Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply.
ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.