News Focus
News Focus
icon url

ridingthewav

08/14/24 5:11 PM

#89600 RE: Diamondhands45 #89599

Yes. If Bloxcross charges a fee between 0.5% and 3% on the $135 million in transactions, the revenue would range from approximately **$675,000** to **$4,050,000**. This calculation shows that while the transaction volume is significant, the actual revenue derived from these transactions would be much lower and dependent on the specific fee structure applied.
Bullish
Bullish
icon url

Kool Aid Man

08/14/24 5:21 PM

#89605 RE: Diamondhands45 #89599

Those revenues and fees will be reduced by the amount of "majority interest" Park claims he has in Bloxcross but refuses to disclose. So if he has 51% then investors should not be misled into thinking they'll benefit from 100% of what Blox generates.

So the fees would be revenues so there are revenues and there will be revenues for all future transactions.

Bearish
Bearish