elective-stereophonic
elective-stereophonic
Should hcgmg use Supernet dividends+?  
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Author Topic: Should hcgmg use Supernet dividends+?  (Read 834 times)

HCLivess

  • Hero Member
  • *****
  • Karma: +121/-47
  • Offline Offline
  • Posts: 521
  • Hardcore Gaming CEO
    • View Profile
Should hcgmg use Supernet dividends+?
« on: February 20, 2015, 01:02:41 pm »

Should hcgmg use Supernet dividends+?
We have two options for dividend payment.

1. Standard dividend payment through vanilla client
-1 NXT transaction fee for all
-Low transparency
-Worse traceability on the blockchain
-Everyone needs to calculate their dividends manually if they want to know how much they received

2. Utilization of Supernet dividends+
-Transaction fee 1 NXT for every holder
-High transparency
-Personal messages with dividend height and details

Scenario for dividends

Channel makes $400
$4 are distributed through dividends

ad 1.
0% of all dividends are paid on transaction fees
Shareholders receive full amount of $4

ad 2.
30% of all dividends are paid on transaction fees
Shareholders receive 4-1.2=$2.8



All data will be published either way, shareholders will just have to trust me or make their own calculation if we choose not to use SuperNet. Option 1 saves 30% of the whole share value as of now.
« Last Edit: February 21, 2015, 08:46:51 pm by HCLivess »
Logged
Producing, Lending, Mining, Trading, Forging, Staking

martismartis

  • Hero Member
  • *****
  • Karma: +73/-10
  • Offline Offline
  • Posts: 1238
    • View Profile
Re: Should hcgmg use Supernet dividends+?
« Reply #1 on: February 20, 2015, 01:35:20 pm »

I think in 1 option there is 1 NXT fee for all dividends, not zero, but I can be wrong. Lets somebody from the core explain this.
Logged

HCLivess

  • Hero Member
  • *****
  • Karma: +121/-47
  • Offline Offline
  • Posts: 521
  • Hardcore Gaming CEO
    • View Profile
Re: Should hcgmg use Supernet dividends+?
« Reply #2 on: February 20, 2015, 02:46:29 pm »

Thanks, this was so negligible I forgot to mention it  :D
For now we are sticking with the low fee model. I edited the script at http://hardcoregaming.eu/about/#5 to reflect this

Fee: 1
Shares remaining: 9994500
Shares distributed: 5500
Share price in NXT: 5.0
Rough Estimate of Channel income: 333.333333333
1% channel income: 3.33333333333
NXT price in USD: 0.0114
1% channel income in NXT: 292.397660819
1% channel income in NXT minus fees: 291.397660819
Dividend per share in NXT: 0.0529813928761
100% ROI in months: 94.3727548215

If you agree with the distribution as it happened in February, please select option 1
« Last Edit: February 20, 2015, 02:49:57 pm by HCLivess »
Logged
Producing, Lending, Mining, Trading, Forging, Staking
 

elective-stereophonic
elective-stereophonic
assembly
assembly