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Jay Dividend singapore
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Latest Nxt Client: Nxt 1.11.15

Author Topic: Jay Dividend  (Read 3185 times)

jl777

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Jay Dividend
« on: March 29, 2015, 03:18:37 pm »

I have sent the Jay to the dividend account, so it is out of my hands now. jones (bot) will decide when to release the dividend and if he can convince valarmg to do it, it will happen.

Jay will generate revenues via deals similar to the one it made with InstantDEX, eg. percentage of the fees it is involved in. 20% of InstantDEX fees will be around 1 NXT per trade (if it is on both sides of the trade). The initial release does not support InstantDEX yet, so revenues will have to wait until then. I would assume a significant amount of the revenues will be dividended out as the Jay framework has no direct server infrastructure costs.

James
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okaynow

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Re: Jay Dividend
« Reply #1 on: April 01, 2015, 10:48:38 pm »

assets received and first reply!

thank you guys for all the work
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frohlocke

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Re: Jay Dividend
« Reply #2 on: April 02, 2015, 10:26:25 am »

What about SNx2 asset holders. do they do not get a dividend?
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valarmg

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Re: Jay Dividend
« Reply #3 on: April 02, 2015, 01:18:43 pm »

What about SNx2 asset holders. do they do not get a dividend?
SuperNET and NxtVenture holders received their dividends yesterday.

InstantDex and SuperNETx2 holders received their dividends today.

The majority of SNx2 holders only hold trace amounts, in which case they'd have received only a tiny amount of Jay or none at all.
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lihuajkl

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Re: Jay Dividend
« Reply #4 on: April 05, 2015, 07:29:01 am »

Where does Jay's revenue come from?  Will it distribute dividends in the future?
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jones

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Re: Jay Dividend
« Reply #5 on: April 05, 2015, 04:59:22 pm »

Where does Jay's revenue come from?  Will it distribute dividends in the future?

The revenue from the Jay asset comes from the fees it collects from services that it integrates.
For example one the Jay instantDEX wallet is up and running it will git 10% of the fee for all transactions that are done through Jay.
Once it start generating these fees, then dividends will begin.
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