How can franked shares be used in the context of digital currencies?

6 answers

• Dec 16, 2021 · 3 years ago
  Franked shares refer to shares that have already had taxes paid on the dividends they distribute. In the context of digital currencies, franked shares can be used as a means of distributing dividends to investors. By utilizing franked shares, digital currency projects can provide a more traditional investment opportunity, similar to stocks, where investors can receive regular dividend payments based on the project's profits.
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• Dec 16, 2021 · 3 years ago
  Franked shares are a way to incentivize investors in digital currency projects. By offering franked shares, projects can attract investors who are looking for a steady income stream. This can be particularly appealing to investors who may be more risk-averse and prefer the stability of dividend payments.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we believe that franked shares can play a significant role in the digital currency ecosystem. By offering franked shares, projects can bridge the gap between traditional finance and the world of cryptocurrencies. This can help attract more institutional investors who are familiar with the concept of dividends and prefer the stability they provide.
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• Dec 16, 2021 · 3 years ago
  Franked shares can also be used as a way to reward early adopters and long-term holders of a digital currency. By distributing dividends through franked shares, projects can incentivize investors to hold onto their tokens for longer periods, which can contribute to price stability and overall project growth.
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• Dec 16, 2021 · 3 years ago
  In the broader context of digital currencies, franked shares can be seen as a way to bring more legitimacy and transparency to the industry. By offering regular dividend payments, projects can demonstrate their profitability and financial health, which can help build trust and attract more investors.
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• Dec 16, 2021 · 3 years ago
  While franked shares can be a valuable tool in the digital currency space, it's important to note that they may not be suitable for all projects. The decision to utilize franked shares should be carefully considered, taking into account the specific needs and goals of the project, as well as the preferences of the target investor audience.
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