Bulleon One-time and Quarterly dividends

Ryan Keene
2 min readAug 19, 2018

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Dividend distribution

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 smart-contract 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.

40% of operating profit will be paid as dividends to Bulleon shareholders.

One-time dividend payment

Once all tokens are sold, the first goal is achieved. At the end of Phase 12, it is calculated how much funds the project needs to reach all the goals, 80% of surplus funds (ETH) will be distributed to the top 25% in total ownership percentage in relation to the total surplus funds. 20% of the funds remain available to continue the operation of the company. This is a one-time dividend payment.

Example: after the end of Phase 12, the surplus funds will be a total of 485,000ETH. You own 6650BLN, which is 0.07% of all BLN supply. You get 0.07% of the surplus funds in dividends, which is 339.5 ETH (roughly 340,000USD).

Quarterly dividends

40% of operating profit will be paid quarterly to the top 25% in total ownership percentage in relation to total operating profit of the whole company. Dividends are paid to shareholders as long as the company makes the operating profit.

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