ACOM Launches New Steemit Dividend Token - ACOM DVT
ACOM DVT = ACOM Dividend Token
ACOM has just created a new Steemit token. We're delighted to announce the launch of ACOM DVT. This is a dividend token and 1000 ACOM DVT has just been released on the Steem-Engine marketplace. Buying ACOM DVT and holding it will generate you a daily TRX dividend from the total daily TRX produced by the ACOM Steemit account, in addition to generating you many other rewards. You can access the ACOM DVT Marketplace right here
ACOM DVT Distribution Plan
An initial batch of 1000 ACOM DVT listed on Steem-Engine at 1 Steem a piece is now available to buy. The next batch of 1000 ACOM DVT will be listed at 2 Steem a piece, listed only after the first batch have all been sold. There will never be any more than 10,000 ACOM DVT issued.
ACOM DVT Benefits
Holding 1 ACOM DVT gives you a percentage of the TRX generated each day by the ACOM Steemit account by way of a dividend payment into your Steem wallet. Dividend payments will be made each week and will continue for as long as you hold the token. The more ACOM DVT you have the more TRX you generate. The amount of TRX generated is divided by all ACOM DVT holders and linked to how much ACOM DVT you hold, so the dividend distribution is proportional.
Current average daily TRX production from the ACOM Steemit account amounts to around 30-35 TRX, so that's 210-245 TRX each week paid out to all ACOM DVT holders.
Dividend payments begin one week from listing the initial 1000 ACOM DVT on the market.
Obviously the more holders the less TRX in the pool to go around. However, that issue is resolved by a strict limitation on the number of ACOM DVT in circulation from the start, with only 10,000 ever in total circulation.
It is also very important to note that 50% of all ACOM DVT sales goes directly back into the ACOM Steemit account, thus when people buy ACOM DVT they help to power up the ACOM Steemit account and help increase their dividend payments. Essentially the more ACOM DVT sold the more Steem goes into the ACOM Steemit account thus inceasing the value of upvotes and generating more TRX for token holders, albeit shared between more people.
In addition we have also accrued around 2000 TRX since the ACOM Steemit account went operational. We have decided therefore to add the 2000 TRX to our quarterly Reward Events, so at our first Reward Event for ACOM DVT holders we will also give out an additional 500 TRX, with the remaining TRX spread out over susbsequent Reward Events. These Reward Events are explained in further detail below.
ACOM Upvote Credits - Introducing ACUV
In a bid to build in more value to the ACOM DVT token we have created the ACUV token. This will serve as a reward token to all ACOM DVT holders.
ACUV is simply an ACOM upvote credit and for every 20 ACOM DVT that's bought from ACOM 1 ACUV will be earned. It is a one off upvote from the ACOM Steemit account designed to incentivise and welcome people to the ACOM club. Upvotes are always 100% and VP will never be less than 80%. More of these ACUV tokens will be given out at our Reward Events and shared among ACOM DVT holders.
There will never be a market for ACUV. I know that many in the Steem community frown upon vote buying, as do we to an extent, so we will not be selling the ACUV token. It can only ever be earned or gifted. Obviously if people wish to sell their ACUV in an OTC capacity that's up to them, we have no control over that.
We might buy back our own token from the market and sell again later. There's no need for burn events with only 10,000 ACOM DVT in circulation.
We will release more ACOM DVT later at 3 Steem per token, only after the first two batches are listed and sold but there will never be any more than 10,000 ACOM DVT in circulation.
Further benefits of holding the ACOM DVT token will include having privileged and exclusive access to one off Reward Events every quarter, where we take small chunks from the ACOM Community Vault and distribute it proportionately to ACOM DVT holders. All funds will be paid in Steem directly to their Steem wallets.
What If Justin Sun Decides To Stop All TRX Earnings on Steemit or @aggroed Decides to Shutdown Steem-Engine?
Should either event occur Steem can be refunded to token holders. No one will ever be put in a position of loss for their investment in the ACOM DVT token.
If you guys have any questions or comments feel free to contact us via the usual channels.
A C O M
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