Well I can’t see us getting de-listed from Cryptopia as they run a similar system CEFS.
We could get ideas from them.
Introducing CryptopiaFeeShares (CEFS) Token
Cryptopia is proud to list the CryptopiaFeesShare (CEFS) token on our exchange and market place - the market is live now.
As a champion of blockchain adoption, Cryptopia has upgraded its shareholder dividend method from the traditional mechanisms of paying a fixed amount of dollars in profit to each shareholder. Cryptopia will take 4.5% of its gross fees collected each month for each of the base markets and distribute that portion of the fees among all CEFS holders as at the end of that month. CEFS were created and allocated to our shareholders based on the shares that they owned; 6300 CEFS tokens exist currently and CEFS tokens will not be reissued.
Cryptopia has chosen to do this for several reasons:
- So that Cryptopia can modernize its shareholder and equity mechanisms.
- So that CEFS can be a living use case for a blockchain application in a corporate world.
- So that our users can invest or divest in Cryptopia as they wish in an automated manner.
Happy trading.
Published by: SeriousFace @ 10/2/2017 3:44:21 AM