Bulleon Dividend Distribution

Ahmed galal
1 min readOct 8, 2018

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The dividends distribution process consists of two stages: getting the accurate data about the BLN distribution among users (dividends report) and spreading the company profit among the token holders.

To have a proof of BLN ownership by exact addresses, Bulleon will make snapshots of Blockchain prior each dividends distribution using a specially developed tool. It allows capturing of the current state of tokens distribution among investors as on the exact block. The number of the milestone block, as well as an approximate date and time of its appearance, will be announced in advance, both by email and on the Bulleon Website.

Bulleon financial management undertakes to transfer 40% of the company distributable profit to the dividends distribution smartcontract on a quarterly basis. The date of dividends distribution will be announced in advance at Bulleon official website.

A dividends distribution smart-contract is designed to distribute profit among the investors according to their stakes. All the payments will be made in ETH. Dividends will be sent to those addresses whose BLN token ownership will be proved by a snapshot of the Blockchain.

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Ahmed galal

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