asset ArdorBG (14181059775676150956)

   Back in 2015, I got acquainted with the NXT project, which sharply changed my views on Bitcoin mining. Since then I have been in the NXT and Ardor community (since its launch in 2018). For a long time I stood idly by and just watched. But about two years ago I decided it was time to step up and help develop Ardor.

   I created a blog in Bulgarian with the aim of creating a Bulgarian Ardor community, but a year later I have almost zero success. Unfortunately, over the years, crypto projects without much technology have developed quite successfully, and Ardor has lagged behind. "We need an investment fund in Ardor! That's how we'll attract new investment!"."Yes, the idea might be good, but how do I create it and where do I get that much money? If I create an asset to raise money and then invest it would be wonderful, but who would trust me?". Ideas came to me one after the other, but I rejected each one over time. One fine day sitting at the computer calculating my CEX grids....... "OMG! We have Ardor DEX and we don't use it! I'm going to create a mutual investment asset on the DEX grid and put some of the profits into a fund for investment! In this way I will revive Ardor DEX, there will be more transactions and the community will more easily buy Ignis (BTC -> Ardor -> Ignis or USDT -> Ardor -> Ignis)". That's how I started the ArdorBG project.

   When I started the project I needed a certain amount of Ardor and Ignis to start the initial grid with. I donated personal funds about 5000 Ardor and 200,000 Ignis, which I do not regret, because I can safely say that Ardor DEX is really alive.In the months that have passed since the creation of the ArdorBG asset, transactions in Ardor DEX have increased many times.

   And some details about the current state of the asset ArdorBG...... We currently support grids of three pairs Ardr<->Ignis, Ardr<->Bits and Bits<->Ignis. With the income from the grids, we committed to pay a dividend. For this purpose, we created an address ARDOR-KGQK-B4AV-M2QE-9S5A9 on which we set a goal of 10,000 Ignis, when the goal is reached, we distribute a dividend on the shares in circulation (maximum 1,000,000 shares). On January 16, the first dividend was paid at 0.04567 per share or about 1.66% (there are currently 8,740 Ignis in the dividend pool).  The second rule we apply with earnings is buyback. In this way, we will provide our investors with liquidity when they decide to sell their investment in ArdorBG. I guess no one will feel happy when they need money not to be able to sell their shares or to do it at a very low price. This buyback will generate a good capital gain over time. This is the most likely time to insert the rule: anti-dilution. I wrote a whole article about it, so I won't write more except that the issue is not sold out yet, and we already have over 2.5% capital gain.

   And yes...... 10% of the grids' profits are accumulated in an investment fund. For the moment, the amount is too small to talk about investments, but the future is ahead.....


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