An experimental dividend-paying ERC20 token.
Dvdnd was conceived in the wake of the ICO. As companies sell digital tokens in exchange for rights to vote or use a utility, it's necessary to extend the function of digital tokens to more immediate financial incentives like dividends, similar to early corporate stocks.
Dvdnd is an ERC20 token that has additional functionality allowing token owners to redeem a share of the token contract's balance (in Ether) in the form of a dividend. Users that own more of the token can redeem greater shares of the contract's balance than those who own less of the token.
Unlike today's corporate stocks, dividends aren't paid automatically. Because Ethereum smart contract interactions are push-only events, users must use a DApp or wallet to redeem their dividends.
Found an issue or want to make dvdnd better?
git clone https://github.com/getabitlit/dvdnd.git
cd dvdnd
npm i # or npm install
Licensed under the GNU GPLv3 public license.