I’m trying to wrap my head around the future ‘dividends’ and have a few questions. It has been made clear that the transaction fees on the marketplace will be distributed to Safex wallet holders. I hold a large quantity of Safex and have been telling others about the project, but there are portions of the investment portion that I am curious about.
Price of the current Safex coins will rise tremendously (disregarding the pump one the marketplace is released) if/when there is real trade on the marketplace.
How will the initial Safex currency price be determined?
Is the current dividend calculator truly accurate since we don’t know the value of the to-be-released Safex currency? Depending on that price, the dividend calculator could be way off, either high or low depending on how the Safex currency fluctuates.
With almost half of all Safex coins held on Bittrex, what estimated percentage of the coins on there will actually be moved to wallets?
Who gets the dividends of the massive amount of coins which will most likely remain on Bittrex? (This could be up to 50% of the coins held on that one wallet)
I am not asking these question to be negative about this project, in fact, it it the polar opposite. I am a top twenty holder and my goal here is to receive upwards of $500k per year of passive income from this project (which would be around 2 billion dollars of marketplace trade based on the current dividend calculator).
It is us early adopters that stand to make the greatest long term gains based on current Safex price and I am asking these questions to see if if my goals hedge towards false hopes or serious reality.