There will no longer be dividends, instead Iconomi will buy back ICN on the open market and burn them at a constant rate. If I was HODLING before, I am HODLING double now
That means at least 1000*50 = 50000$ 0.5 (ICN price) = 100,000 coins will be burned right ?
In the second quarter, from what I understand yes. Jani just said on Slack that Q2 2017 will be the last time that 100,000,000 ICN exist. However it is unclear if dividends will still be happening or not.