Thanks for Info!
Yep i read the whitepaper but i dont know, are the ico coins on kranken the same like the one from the crowdfunding?
with dividends later..
dude, forget about ico.. there's no more ico just like there's no kranken. iconomi launched and their tokens are listed at kraken.com , it's a exchange just like poloniex or bittrex. just send some bitcoins and buy it there. there's no more ico just like there's no kranken.  |
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Remember when Bitcoin first came out and the price was so low you'd shoot yourself in the foot if you could go back and click the buy button?
Remember when Ethereum first came out and the price was so low you'd shoot yourself in the foot if you could go back and click the buy button?
Remember when Iconomi first came out and the price was so low...
Awww yea, I member, it was fantastic. Member when $1000 invested at the beginning of Berkshire Hathaway would grow to be worth $10 million?
 just in case someone thinks MoveCrypto is exaggerating: http://www.businessinsider.com/warren-buffett-berkshire-hathaway-historical-returns-2015-3 |
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Thanks for Info!
Yep i read the whitepaper but i dont know, are the ico coins on kranken the same like the one from the crowdfunding?
with dividends later..
yeaah, they are the same. There is 100M of them, and there will be no more. Check the FAQs (from my signature), there is really useful info there. Just a tip - look at ICNs as company shares, and not as coins - it will make more sense. You can also have a look at medium - Iconomi official posts, especially if you are not familiar with ethereum wallets: https://medium.com/iconominet |
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could somebody tell me if it is still possible to invest into the ico?
i read somewhat about kranken, and is it the same as the crowdfundig?
will i get an ivitation to preformance investmend later, with this tokens?
no...ICO has ended... but you can buy some ICN in exchanges (kranken - Liqui) will i get an ivitation to preformance investmend later, with this tokens? No. Iconomi.PERFORMANCE fund is by invitation only (for ICO participants) It is ALWAYS a good idea to start with FAQs before investing.. You can even go all the way with the white papers check reddit channel as well - it has some good questions, and answers from the team: https://www.reddit.com/r/ICONOMI/hope it helps |
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We should have a contest for new ideas on how best to use the new Iconomi platform. Also, any news on when we can start using the voting mechanism built into the ICN token to vote on features we'd like to see in the platform?
You won't vote on features you want to see. Common, that is ridiculous - everyone with more than 1 ICN will start jamming.. Besides, suggested features should not be weighted by ICN share ratio, but by functionality and innovation. Voting will be applied on important decisions, such as the platform operator and not the UI layout. For that there is a beta testers registration, and reddit channels, and maybe a suggestions area. Voting for everyone's idea will make the team loose focus and deal with kinder garden requests. |
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MalReinolds, this wallet is yours? Well, we can see whales on the ICN boat! Thats good no, that's me. I had some extra lunch money in my pocket  |
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me too sir my subjective and semi-professional (at best) prediction: 100K ICN will give u just that 2-3 years after OFM goes live |
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There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt.
It's a matter of security and economics.
I am sure Iconomi team have thought about that. It doesn't look like too complicated to implement some security fuse, such as minimum amount of tokens per single address |
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will the person holding 10 ICN'S be getting same percentage dividend as the 1 holding 100k?
of course. That's the idea of shares. Dividends calculation will be made per 1 ICN, and then distributed accordingly |
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How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Let's sharpen that pencil.... Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum.  I would vote it to be 10 or more if asked. or they can lower the TX fee to minimum for small ICN wallets hmm, thinking on that a tad.... Can you imagine the number payout blocks required to handle this? ICN wallets go 18 decimals? hehe ..doing the math on that... wow. are you nuts? paying dividends to 0.x ICN holder address?? I sure as fuck hope and wish to all of us Iconomi to get there, but for the next few years it will be totally useless to have such a dividends resolution. I would say that each ICN address should hold minimum X times more ICNs than a single ICN dividend is worth. Something like x10 perhaps. So if 1 ICN yields $1 worth of dividends, each ICN address should hold minimum $10 worth of ICNs Makes sense? |
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How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Let's sharpen that pencil.... Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. I would vote it to be 10 or more if asked. or they can lower the TX fee to minimum for small ICN wallets |
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use the preview option before posting |
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If you own ICN tokens(dividends) then you receive dividends (ETH) to same address/wallet.
So, if you have ICN in Kraken, you'll receive ETH in your ETH address on Kraken? Ofc not. Do you really think an exchange would give you the dividends for tokens THEY HOLD? There was info in the beginning that Iconomi will cooperate with exchanges which will give dividends to users. Something changed in that matter? nothing official from the team. All you hear is speculations or private opinions There never was nor will there ever be "official from team" that's ridiculous. That is entirely up to the Exchange... they hold the keys, and ICONOMI have no power to dictate terms. Go ahead... leave your tokens in the exchange, any exchange during a dividend payout, and see what happens. If an exchange hands out ICN dividends I will eat J-Lo's Panties. No, I remember reading something fro the team that it has not been decided yet. It is not that ridiculous. The exchange may hold the keys, but you are the owner of the asset.. What could the team possibly decide that would give them magical powers over exchanges? no magic is needed. Just an agreement that dividends will be paid to users that hold those tokens during the dividends payout (block height) Why are you so angry? no anger mate.... Think about this.... what incentive do exchanges have from Iconomi to make such an agreement? well, for start - being fair with their customers. Don't forget that behind every line of code or technical barrier (you don't hold the priv key for your tokens on an exchange) there are people. And in case of ICN tokens - it is more like an asset than a token, and as such it doesn't matter who holds the private key, but who is the owner. So for me it makes perfectly sense that the exchanges will pay those dividends to their owners. The exchange does not own the asset, so I really don't see any reason for them to receive the dividends. As for Iconomi say - ICN tokens represent share of the company, and they should always seek what's best for the token holders - which is still the person and not the exchange entity That's why I wrote what I wrote. and all good points, but I still see no incentive for exchanges to do that. The shear tx volume from moving the ICN in & out over the payout block on top of any dividends from holders that didnt move their tokens is quite a carrot. I simply will not take that gamble until exchanges post their intentions. You are right that exchanges have the last word, but if they see that people are choosing different exchange that does pay dividends - they all will follow But time will tell. Actually it doesn't matter to me - if one is dumb enough to leave the tokens on the exchange.. well |
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If you own ICN tokens(dividends) then you receive dividends (ETH) to same address/wallet.
So, if you have ICN in Kraken, you'll receive ETH in your ETH address on Kraken? Ofc not. Do you really think an exchange would give you the dividends for tokens THEY HOLD? There was info in the beginning that Iconomi will cooperate with exchanges which will give dividends to users. Something changed in that matter? nothing official from the team. All you hear is speculations or private opinions There never was nor will there ever be "official from team" that's ridiculous. That is entirely up to the Exchange... they hold the keys, and ICONOMI have no power to dictate terms. Go ahead... leave your tokens in the exchange, any exchange during a dividend payout, and see what happens. If an exchange hands out ICN dividends I will eat J-Lo's Panties. No, I remember reading something fro the team that it has not been decided yet. It is not that ridiculous. The exchange may hold the keys, but you are the owner of the asset.. What could the team possibly decide that would give them magical powers over exchanges? no magic is needed. Just an agreement that dividends will be paid to users that hold those tokens during the dividends payout (block height) Why are you so angry? no anger mate.... Think about this.... what incentive do exchanges have from Iconomi to make such an agreement? well, for start - being fair with their customers. Don't forget that behind every line of code or technical barrier (you don't hold the priv key for your tokens on an exchange) there are people. And in case of ICN tokens - it is more like an asset than a token, and as such it doesn't matter who holds the private key, but who is the owner. So for me it makes perfectly sense that the exchanges will pay those dividends to their owners. The exchange does not own the asset, so I really don't see any reason for them to receive the dividends. As for Iconomi say - ICN tokens represent share of the company, and they should always seek what's best for the token holders - which is still the person and not the exchange entity That's why I wrote what I wrote. |
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If you own ICN tokens(dividends) then you receive dividends (ETH) to same address/wallet.
So, if you have ICN in Kraken, you'll receive ETH in your ETH address on Kraken? Ofc not. Do you really think an exchange would give you the dividends for tokens THEY HOLD? There was info in the beginning that Iconomi will cooperate with exchanges which will give dividends to users. Something changed in that matter? nothing official from the team. All you hear is speculations or private opinions There never was nor will there ever be "official from team" that's ridiculous. That is entirely up to the Exchange... they hold the keys, and ICONOMI have no power to dictate terms. Go ahead... leave your tokens in the exchange, any exchange during a dividend payout, and see what happens. If an exchange hands out ICN dividends I will eat J-Lo's Panties. No, I remember reading something fro the team that it has not been decided yet. It is not that ridiculous. The exchange may hold the keys, but you are the owner of the asset.. What could the team possibly decide that would give them magical powers over exchanges? no magic is needed. Just an agreement that dividends will be paid to users that hold those tokens during the dividends payout (block height) Why are you so angry? |
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If you own ICN tokens(dividends) then you receive dividends (ETH) to same address/wallet.
So, if you have ICN in Kraken, you'll receive ETH in your ETH address on Kraken? Ofc not. Do you really think an exchange would give you the dividends for tokens THEY HOLD? There was info in the beginning that Iconomi will cooperate with exchanges which will give dividends to users. Something changed in that matter? nothing official from the team. All you hear is speculations or private opinions There never was nor will there ever be "official from team" that's ridiculous. That is entirely up to the Exchange... they hold the keys, and ICONOMI have no power to dictate terms. Go ahead... leave your tokens in the exchange, any exchange during a dividend payout, and see what happens. If an exchange hands out ICN dividends I will eat J-Lo's Panties. No, I remember reading something from the team that it has not been decided yet. It is not that ridiculous. The exchange may hold the keys, but you are the owner of the asset.. |
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If you own ICN tokens(dividends) then you receive dividends (ETH) to same address/wallet.
So, if you have ICN in Kraken, you'll receive ETH in your ETH address on Kraken? Ofc not. Do you really think an exchange would give you the dividends for tokens THEY HOLD? There was info in the beginning that Iconomi will cooperate with exchanges which will give dividends to users. Something changed in that matter? nothing official from the team. All you hear is speculations or private opinions |
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I am thinking pros and cons of transferring funds into ether wallet, any suggestion?
IMO there is no perfect or better option - it is always a trade-off. Generating your private key online is not wise. myetherwallet is a complete client side key generator (you can test it with dev tools-->network and make sure that not a single bit is sent from the browser during the key generation). You can indeed download the source code from the official website and do that completely offline. Desktop wallets - the problem, or the vulnerability, is when you generate the wallet and password or when signing a transaction online - if your PC is compromised (most times you won't be aware it is) you may lose your wallet balance. Another risk with desktop wallets is forgetting your password or losing the keystore file. Yes, backups can and should be made, but each backup increases the chance that it will be stolen (again - trade-off). In any case, DO NOT store your backup file anywhere online - you may be a subject to brute force without even knowing that. In that case it is only a matter of time until your password will be cracked. Personally my problem with desktop wallets is that there is no 2FA. You can generate your "wallet" offline on clean PC and sign the spend transactions offline - this should be as secured as you can get in case you remember your password and your keystore file was not stolen. Offline/paper storage - the most secure way to store your tokens. The downsides are physical damage or lost (especially if it is planned for long store) and theft. Usually used for long-term storage. Last and not least: Keep your tokens on Iconomi platform. The advantage is that you are getting good security (offline multi-sig cold storage) with relatively easy but still secured way to spend the funds (login credentials, 2FA and email verification). The trade-off - technically speaking, you don't have control over your own funds. This is where TRUST plays major role. So far (looking back 4+ years), Iconomi team had given us zero reasons not to trust them. Personal advice if you don't feel comfortable with wallets, offline generators, keystores, etc - make a strong, long (minimum 16 unique characters, no words or qwerty-based phrase), and unique password for Iconomi platform login and keep your precious tokens onsite, Iconomi team will make sure it is kept offline. If you chose that option, make sure that your email and Iconomi passwords have nothing in common and are not used anywhere else. Remember: If you screw something with your own wallet - you may lose your tokens forever! Add that to the trade-off calculation before deciding. Some of the things were written here before, it is not all out of my head, but more like a summary. Hope it helps |
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