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So when is the third exchange expected to announce opening trading? Next week or will it take a bit longer then that? The first two exchanges are OK, but they are smaller ones. Get LEDU to a few top 10 exchanges and you have a great foundation!
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@sud if you just check a post or two above mine you will see pictures from the Opal conference where ICN was a presenter. I don't know if anyone noticed this but yesterday there was over $3.8M in deposits to the ICN platform according to icnhodler.com. Might have something to do with the Opal group meeting and if they could get a few such groups onto their platform that is going to be huge  Nice catch! I haven't read anything about Opal group and Iconomi, do you have some links or anything? good to see iconomi bouncing back. its about time that @TEAM announce something regarding the use of ICN
Yeah once can hope. They claimed a use many months ago but we haven't seen anything yet. It is rough seeing their assets under management increase and the team getting paid really well while the ICN price lags. Per their original whitepaper, ICN holders 'own' the company and all that. They announced that they will be telling us about two ICN utilities in mid March so that should finally cover the utility side of the equation. |
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Is this how the signature should look for hero members? It seems a bit off...
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Will Bibox and Gate have real time updates of their trading competitions? Or will the results just be announced at the end?
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I don't know if anyone noticed this but yesterday there was over $3.8M in deposits to the ICN platform according to icnhodler.com. Might have something to do with the Opal group meeting and if they could get a few such groups onto their platform that is going to be huge |
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Two birds with one stone. If you will need to keep those 1k then that is utility. Not a big one, but it is nonetheless... Eh. Joining a chat to discuss the project isn't utility. It is more of a way to weed out spammers likely. |
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Check a few pages back, the team stated that the tokens will be locked until March 1st. I didnt expect the ICO to end ahead of schedule. Is it already possible to buy your tokens on EhterDelta right now or have i to wait a little?
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My LWF wallet for the bounty: 6935056801847023858LWF
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So when will the tokens get distributed? Thanks
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Looking forward to the distribution of these tokens. I see a bright future for this project!
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(-55%) per day
The worst coin I bought
Are you staking or leasing to a pool? That will bring you new tokens that will mitigate the current downtrend a bit. |
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They got more tokens from those 196.3 eth then I thought they will. You have to consider that these buybacks were done in Q4 when ETH was from $300-$400... When they announced the rebuy amount it looked like this: In Q4 we are continuing with our repayment program using revenues generated in Q3, which amounted to $57,177 or 196.3 ETH. So yeah, I think that they did a pretty good job in turning $60k in almost 53k ICN... If they would do a similar job in Q1 they could turn that $1M into for example 800k ICN tokens to be burnt which would be huge. I doubt that they will be able to pull it off, and I would be very content with them burning around 500k tokens. Just had time to read the Q4 report, the assets and growth figures are fantastic, and good to read that the team are working on the Fiat Ramp-Up Services, which will be excellent for growth.
THE FOLLOWING IS FOR THE TEAM TO READ AND TO TAKE ONBOARD
My biggest CONCERN at the moment is, who the hell is in charge of the ICN buy-back program as these figures are HORRENDOUS. 196.3 Eth to buy-back and burn ONLY 52,627.34 ICN??? At what dates where these “trades” done??? And by who, as a trader, they are not!!
This is not fud, as a long-term HODLer I want to see as many ICNs burnt as possible for OUR 196.3 ETH “dividend”,and this amount is a disgrace.
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Hi guys, why are there no updates on the signature spreadsheet?
ShooterXD you are tagged as having the LWF signature in the sheet but you have a different signature in your account... Also, I see a few others that are listed as OK that don't have the LWF signature... What is going on?
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Sure, that is what you would say, but your opinion doesn't really count does it? They stated in an AMA that if Iconomi should ever close its doors that they would liquidate all assets and pay ICN token holders with them. And I truest them on their word or else I wouldn't be an investor here. But yeah, their DAAs are great as well and will give a ton of fuel for the ICN token in the future. I wouldn't say the token is backed by anything. .... They have already stated that the ICN token is backed by all the assets of Iconomi, meaning all the btc, eth, lisk and anything else that was collected in the ICO as well as their ICO investments. So your calculation is off by miles because their book value is over $400M which means that their price-to-book ratio is around 0.64 according to IcnHoder.com. That kind of price to book value is rare in the real world and unheard off in the crypto world True, people are wary because the ICN token doesn't have any utility apart beeing burnt but that will change soon. Also as the poster before me stated, the Q4 report always comes out the last day of the month. What I wonder is why the performance of the ICN token is so bad, given the active managment of the fund and their good vetting for promising ICOs. The performance is much lower than just the Top20 Crypto index fund.
My guess would be that it’s because the token has zero utility. The only thing it does is gives you a cut of 3% of the profits of all the DAA’s. Seeing how their Q3 report was abysmal at best it’s no wonder they aren’t releasing Q4. Think about it, if they post profits of $100M (which seems unlikely anytime soon seeing as how Q3 was $50k), 3% of that would be $3M. Divide that by 99M tokens and you get a massive value of $.03 per token. There really is no reason for this company to have a token other than trying to get around actually being considered an etf. Invest in the DAA’s just stay away from the token, it’s a waste of your money. |
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Fallenz how much are you selling? I might be interested in buying OTC for a good price.
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They have already stated that the ICN token is backed by all the assets of Iconomi, meaning all the btc, eth, lisk and anything else that was collected in the ICO as well as their ICO investments. So your calculation is off by miles because their book value is over $400M which means that their price-to-book ratio is around 0.64 according to IcnHoder.com. That kind of price to book value is rare in the real world and unheard off in the crypto world True, people are wary because the ICN token doesn't have any utility apart beeing burnt but that will change soon. Also as the poster before me stated, the Q4 report always comes out the last day of the month. What I wonder is why the performance of the ICN token is so bad, given the active managment of the fund and their good vetting for promising ICOs. The performance is much lower than just the Top20 Crypto index fund.
My guess would be that it’s because the token has zero utility. The only thing it does is gives you a cut of 3% of the profits of all the DAA’s. Seeing how their Q3 report was abysmal at best it’s no wonder they aren’t releasing Q4. Think about it, if they post profits of $100M (which seems unlikely anytime soon seeing as how Q3 was $50k), 3% of that would be $3M. Divide that by 99M tokens and you get a massive value of $.03 per token. There really is no reason for this company to have a token other than trying to get around actually being considered an etf. Invest in the DAA’s just stay away from the token, it’s a waste of your money. |
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Nice! Can't wait for Ark V2 and push button blockchains. I am sure we will see many ICOs on Ark as well |
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