...Let's
assume in the first year iconomi.performance invests 7000 BTC into icos, with
an average return of 4x. That's 21000 BTC profit. ~20% of this profit will be sent to ICN token holders as dividends. 21000 BTC × 0.20 = 4200 BTC dividends...
.... I have to say that I like the methodology. Ur pushing good content here MoveCrypto. Thx!
Let's examine this good example a little more to help me (and everybody else) understand just how this is gonna work.
Assume next week at launch that ICONOMI puts 7K BTC into ICNP and then gets 4X on the investment during Year One for a total of 28,000BTC as described above. Subtract out the original 7K investment and you get the 21K profit mentioned above. So far so good.
Say ICNP makes equal profit every week in Year One. Then the weekly ICNP profit is 21K / 52 weeks = 403.85 BTC profit per week, right?
20% of the weekly profit is distributed as dividends to all ICN token holders. So 403.85 BTC * 0.2 = 80.77 BTC would be distributed per week as dividends, right?
We've currently got 85M ICN tokens spread among roughly 3500 ICO investors so the average stake is 85,000,000/3500 = 24.3K ICN (round number). Investors paid the ICO price of 0.13 USD per ICN or 0.00021228 BTC per ICN for each of their tokens. Total ICO costs for an average 24.3K ICN stake is thus $3159 or 5.15 BTC. This assumes 1 BTC = $613.40.
Each of these average 24.3K ICN stakes would get an equal amount of the weekly profit, or 80.77 / 3500 = 0.023 BTC per week, right? Worth a weekly 0.023 * 613.40 = $14.10, or an annual $14.10 * 52 = $733.20.
Bottom line:
IF ICNP hits the example 4X per year profit,
the "average" ICN investor stands to make $733 per year in dividends on his $3159 ICO investment JUST FROM THE ICNP FUND.
@ ICONOMI, a question - in this example, ICONOMI has to come up with 80.77 BTC = $49.5K (approx.) per week of cash to distribute as dividends. ICONOMI gets this cash by trading that amount of ICNP coin holdings into ETH and distributing the ETH - Is this correct?
I have few remarks on your comments:
We've currently got 85M ICN tokens... - there are 100M ICN tokens, not 85M. For dividends distribution it is irrelevant how the tokens were acquired (ICO, bounties or reserved). So you need to divide it by 100M
We've currently got 85M ICN tokens spread among roughly 3500 ICO investors... - again, totla number of investors is irrelevant. Only how much dividends a single ICN token yields
Investors paid the ICO price of... - price is not fix for each investor..
I would do:
ICNP profit is 21K / 52 weeks = 403.85 BTC profit per week, and then divide that by the total amount of ICN tokens - that is the weekly profit for a single token. From here everyone can multiply it by the total amount of ICN tokens he/she posses.
Roughly I would say it will take around 50 weeks for 100% ROI - Just from that fund.
Sweeet
Will say that again - anyone who sells even a single token before the platform goes live is a weak hand and will cry later on
) but running this recent release at the same time, seems the wallet (ethereum or mist), syncs smoothly.
