Steempeak now shows Steem-Engine holdings and markets in your Steem Wallet.

in steemengine •  6 years ago  (edited)

image.png

I just noticed this yesterday, my holdings in @apshamilton 's @jpbliberty lawsuit against Facebook and Google (the SUFB - Sue Facebook token) on Steem Engine. Thanks to @aggroed, @yabapmatt & @harpagon on Steem Engine, also @stoodkev for Steem Keychain & @wehmoen on wallet.bloks.xyz and whoever set this up at @steempeak

SUFB Token holders are collectively entitled to 25% of the damages obtained in the Crypto Class Action against Facebook & Google's Crypto Ad Ban by class members who have signed JPB Liberty's Litigation Funding Agreement.

This means that if the signed up class members win, say $20M, in an early settlement in the Class Action, then 25% of that ($5M) would be split between the token holders (with 70% going to the class member claimants).
Let say there were 400,000 SUFB tokens on issue at the date of settlement, this means each SUFB token would be entitled to a payout of $12.50 ($5M/400k)
Not bad for a token now selling for 0.5 Steem!

More details on JPBLiberty Facebook and Google Suit

More details here on SteemPeaks post.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!