PM me ur email so I can confirm your invested amount for potentional buyer.

Find a buyer. I'll arrange exchange of ur ICNs for crypto u invested in. That way everyone will be happy. I suggest u publish invested amount to find buyer faster.

Launch will 100% be after hard fork.

Hard fork will happen on Tuesday, 18th. I assume a day or two before all is back to pretty much normal. We all need 3-4days to get familiar with our test-it ICN contract.

Tuesday, October 25th seems most likely to be launch day for now.

It's called t-ICN. t as test.

It will be up and address announced once we deploy it. Read 2 posts above for full explanation.

I was away from BTT today. I checked what was going on just now and I'll give a brief overview of today's happening.

First an answers to the question that kind of repeated a few times:
- option to remove eth address on ICO ICONOMI will be deployed tomorrow (Friday). I saw few questions regarding that. Till now, we were doing that manually. From now on, you'll have that option available in UI directly.

If there was anything else important I missed, please readdress, I'll check and answer when I wake up (I'm taking some sleep after hitting submit button).


We announced to have test-it ICN contract up today on mainnet. There was no way do deploy our contract. That's why, there is no test-it ICN contract yet.
This is technical explanation, therefore I would ask all google translate guys (gtgs) and trolls to refrain from commenting.

Gas limit is at 1.5m. Our contract takes ~0.8m gas. Most of blocks are empty, and rarely any block is full or half full.
Obvious question here is "what's the problem then".
As it turns out, the problem is with the ETH network attack which is done in a pretty smart way.
It doesn't cost attacker any ETH, but ti does cause network from effectively mining just a few transactions.

Miners now actually favour mining empty blocks! Funny thing, because they earn fee from mined transactions in mined block. Catch is that they don't know which transaction is which until they process particular transaction. And if they are processing attacker's transaction it can take 4-6s before they process it. That is over 1/3 of block time. Effectively in that time, another miner mining empty pool is more likely to find a block first and take 5 ETH block reward. While miner that accidentally hit on an attacker's transaction lost valuable time and most likely missed the block and full reward or fall out of sync. Ethereum does have orphan blocks, with reward 1/32 (correct me if I'm wrong). Economical logic here is to mine empty blocks or your own transactions only (because you know they are "healthy" - we saw that today too).

With that in mind, we were not able to deploy 800k gas contract onto the mainnet. We got in touch with 2 local mining teams if they could help us and we'll see if we can do something about that tomorrow.

However, even when contract is mined we'll still need to assign ICN tokens in test-it ICN contract to addresses, which might take additional time. In ideal situation that would be ~90 full blocks in a row. Unfortunately situation is not ideal at the moment.

We hope to get test-it ICN contract deployed and addresses assigned asap.
However, seems like hard fork is happening in roughly 80 hours. Release of real ICN tokens with that in mind will for sure happen after hard fork when situation calms down. Absolutely no need to risk few days for no reason. We're together on a long long journey that is just starting.


Patience is virtue.

No popcorn needed. We'll be doing this on Monday. While ICN contract will stay locked until Tuesday. So we can fill all 60+ blocks in a row or double of that half full.
I think bigger concern here is (we'll see with test-it contract tomorrow) that even tho blocks are mined empty, we still won't get confirmation for transactions. As we were playing for the past few days with the network, we found that out.

Most likely not. But if there comes a good reason for it, we'll do what's best to do.

Read this: https://en.wikipedia.org/wiki/Space_Shuttle_Challenger_disaster
Pay attention to O-rings and low temperature.
It's easy to talk now, but Challenger disaster could be prevented.

Going to the moon is no easy job. It should be taken seriously.

We have 3.5k investors + 3k bounty hounters. A bit of overlapping. All together 6k accounts with non zero balance.

Not all did input their eth address. Many (especially account with smaller amounts) are going to leave their ICNs on our platform. That is the reason 15mins should be enough.

Gas usage. ~100k per address. If we do if now that's close to 100m gas. Half of it goes to "if balance already assigned checking" - but is worth it. This needs 100% accuracy. 99.999% one if not enough.

See you Tuesday. Also, if you participated in ICO and u gave us ur eth address ... then see u tomorrow already - for a test drive.

I'm OK with that.

I heard of 3 cases of that I think. Can you write to support@iconomi.net - please include your phone number and who is ur mobile operator. But if you received it first time then should be no issued delivering SMS 2nd time. We're using Twilio for this.

It that's the only problem, then we have no problems:)

Thx man!

I think we decided wise.

For test-it contract we decided 1 ICN + ur original decimals because some thought we're not ready with distribution. Decimals should prove the opposite.

I admit, I was short regarding preparing investors with step by step instructions. However, we'll fix that before launch. I'm literally getting some phone calls from local people of how to set up 2FA. Now you know where we stand:)

Will be blog post. Probably tomorrow. Latest Friday.

Contract will unlock 12pm CET. With exchanges in touch I wanna reach agreement to start trading like an hour or two after. So all can transfer to exchanges if they feel so. And then trading starts. Same pole position for all.

Depends. If you're time traveller it might be more or less than 5. Otherwise 5 more days yes.

This was decided today.



ICN tokens will be available for transfer Tuesday ~12:00 CET

Get ready for Tuesday’s availability of ICN tokens: update your wallets, check your ETH addresses and prepare yourselves using ICONOMI test-it contract.

It is decided - on Tuesday ~12:00 CET we will issue ICN tokens. Exact block-height will be communicated on Monday 12:00 CET here on reddit, btt and twitter. We'll also mail investors. Generally, Tuesday morning is the best day to deploy tokens in terms of our technical team disposal and support if you will need it. Our full team will be there for you.

For fastest possible assignment of tokens Ethereum network should be as stable as possible. Right now network capacity is around 3 times smaller than when the network is stable. If the network instability will persist we can expect that all tokens will be assigned in around 15 minutes, it could be also more if there will be more network load at the time of coin issuing. Irregardless of deployment of token on Monday and that assignment of tokens will start on Monday, tokens will be available to transfer on Tuesday. Please note: Monday 12pm CET will also be cut off time for updating ETH address for ICN assignment.

Recently there were many updates of wallets. Only the latest updates solves Ethereum syncing issues. It seems that we have different kinds of investors with different levels of knowledge and familiarity with tools. Certainly those with less knowledge and experience need more time to prepare themselves. We will persistently remind our investors about the necessary steps to deal with ICN tokens.
I have to admit we have overestimated our investor’s familiarity with the tools needed. This is related to the use of ETH address in wallets and exchanges. It seems we have lot’s of newcomers, fiat investors, that need much more instructions and step-by-step guidance with additional alerts that need to be added.

On Thursday, October 13 for the same purpose a test-it contract will be deployed on mainnet where every investor will get 1 ICN + actual decimals of your ICN. So for example if you have 69323.0822184235 ICN you will receive 1.0822184235 ICN on your ICONOMI test-it contract for you to check access with your private keys. We have decided to do that for all those users new in crypto to prepare themselves for Tuesday, October 18. With the availability of real ICN contract, the test-it contract will be self destructed.

Localised times for ICN token availability on Tuesday.
- 12pm CET (noon in Europe)
- 10am UTC
- 6am EST
- 3am PST
- 12am Hawaii time zone (Monday midnight effectively)
- 1pm Moscow/Minsk/Kiev time zone
- 6pm China / Hong Kong time zone
- 9pm Sydney time zone

You won't see website with such informations.

Raw data that one can have available are:
- normal transaction cost 21000 gas in ethereum. address to address. when contract is in play it can be close to 21k as well, but it's more or less more - depends on the operation.
- gas price right now is at 50 gwei (before network attacks 20gwei was normal) - converter tool: http://ether.fund/tool/converter
- when price of gas was 20gwei. 1 ETH bought u 50m gas. with 50gwei price. 1 ETH gives you 20m gas today.
- gas block limit before eth network attacks was ~4.7m gas
- gas block limit now is stabilizing at 1.5m gas

But that's just first part of the things to consider.

If you store ICN with myetherwallet you will be also receiving dividends.

Technically you are storing ICN on an address. Which is controlled by corresponding private key. Strictly speaking ETH/ICN/anything... is not stored on that address, but on the network and addresses corresponding private key is the one that can unlock and perform operations on those assets. Therefore you're good to receive dividends and hold ICN on anything as long as you hold private key.

When dividends are coming? With first funds and first profits. By definition.

It will operate as wallet as well.

Ico website won't support eth. But we'll migrate ico part into main one soon. Before first dividends. There everything will be supported.