I wanted to ask until the rules are not changed again  - mail
- facebook
- twitter
- articles
- signatures
- translations
All these bounties are linked? If possible my ban on Twitter or Facebook all other bounties company will be paid? If you are banned from one channel, and you played by the rules on other channels, you won't be banned from those;) |
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Right now we are:
- 2 cofounders + an advisor basically on close to same level of dedication as us two
- 4 developers. 2 more onboarding right now
- 1 designer being onboarded right now as well
- 1 legal
- 1 product guy coming from Berlin on 16th October
- 2 in communications / marketing
- 1 financial guy
The thing is, that we started hiring before ICO ended as well as looking for new office space to rent. And we were actually warming people that were able to join right now almost since the beginning of this year. All that because if we would start with all that right now, we wouldn't be able to have team as of right now before year ends. You can't get A+ players right off the shelf in a week to say.
How long to burn the funds I can't say right now. Could be that legal is something we'll have to pay a lot for. I would say we are good for at least 5years (that would be $2m per year, which we are far from burning right now... but let's take into account that there might be some unexpected costs). Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed.
You announced that the funds past $5 mil would be used for the performance.fund. What's going on exactly? My bad. I apologize. Whatever raised over 10k BTC during ICO will go into ICONOMI.performance fund. But that fund will be then creating more value for ICONOMI and most likely extend our runway for waaay waaay longer. Profits from that fund will be distributed as dividends to ICN token holders. |
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Other translation won't be paid?  You think they other 43 guys do not contribute to iconomi? No people talked there doesn't mean no one invested. You consider only Russian and Indonesian invest? It is unfair to other 43 translators. It will be paid but much less than Russian translation. On my thread there is no posts, but 200 people read that. If 10% of these people invested in ICO that is 20 people. So yes, you right, I think posts in local threads doesn't matter. BTW someone said that russian thread is full of spam and bots, but I don't care Source: https://bitcointalk.org/index.php?topic=1587736.msg16454800;topicseen#msg16454800Russian thread was read 74k times. According to 10% for your thread that means 7.4k russian readers invested. Wait, we have 3.5k total investors....your assumptions are way off chart. |
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So #iconomi is not a coin on it's own and only can be transferred via ETH block chain?
So what exactly I need to give my fund to #iconomi for? I mean what do you guys do?
As per their white paper, Iconomi will be investing the funds they received from ICO into various established coins and upcoming projects that has the potential to grow. They do balance the portfolio every month and I heard they are planning to pay weekly dividends. Did you read the white paper or the OP? And who guarantees my funds to be secured and or weekly profit for sure? Basically this is like investment sites where you give money and sit back to receive your profit. Investing on other coins and projects so they are not doing any programming or coding building things?There's going to be 2 funds. Other is open for everyone to invest, other is only for people who participated in ICO. ICONOMI is also going to build and release a fund management platform where anyone can be a fund manager to their customers. Think it as eToro but for crypto. It is actually more than eToro. On eToro you follow and copy top traders. On ICONOMI you will be managing your own fund. Small, but important difference. Crypto at first. But when other assets starts getting on crypto... |
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@Iconomi - can you comment on the total amount of people you have hired? What is the number of people being paid, and how long, approximately, you think it will take for the team to "burn" the funds?
I am not complaining, just would like to know how long before the platform will have to be profitable enough in order to pay for its own dev and maintenance. I am 100& aware that A and A+ devs and employees in general cost pretty much the same around the globe
Right now we are: - 2 cofounders + an advisor basically on close to same level of dedication as us two - 4 developers. 2 more onboarding right now - 1 designer being onboarded right now as well - 1 legal - 1 product guy coming from Berlin on 16th October - 2 in communications / marketing - 1 financial guy The thing is, that we started hiring before ICO ended as well as looking for new office space to rent. And we were actually warming people that were able to join right now almost since the beginning of this year. All that because if we would start with all that right now, we wouldn't be able to have team as of right now before year ends. You can't get A+ players right off the shelf in a week to say.How long to burn the funds I can't say right now. Could be that legal is something we'll have to pay a lot for. I would say we are good for at least 5years (that would be $2m per year, which we are far from burning right now... but let's take into account that there might be some unexpected costs). Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed. [/quote] Thanks for the respond - I believe it was Jani. Really appreciate it, since it may seems too invasive. In my opinion - dev (UI, UX including) and legal is the two places you DON'T want to spare. This platform has enormous potentials and it will bring a lot of capital. I believe that 3500+ investors did not buy in for you to play cheap and think small. Said that not all expensive is high quality, but all high quality has to be expensive. I am sure you know how to tell the difference Thanks again for all the effort and professional work done so far. Other projects can and should look and follow ps' Feels like having a trip to sLOVEnia [/quote] It was me (Jani) yes. Glad ur happy with response. Anytime. |
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ICONOMI:
Will dividends be paid according to an averaged 7-day balance, or paid out specifically according to wallet weight at a specific moment every week?
According to wallet balance at a specific pre defined block height every week. |
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How long can we keep our ICN on ICONOMI site?What if we dont withdraw it to eth wallet?
Right now, we're actually supposed to be giving them the address to deposit the ETH as I understand it, but it could end up being like lisk where they give you the address(s) and keys they deposited the tokens into for each purchase. Either way, the ETH address is universal, so you will be able to access it natively from any ETH wallet supporting ETH subtokens providing you have the address and key. This is the nature of all cryptocurrencies I know of, so... "Keeping it on the site" is a relative term. If they issue addresses and keys, then by "leaving it on the site, you're leaving it open for attack by default. Because anyone who can login with your credentials has access = risk. Granted, 2FA SHOULD protect you, but lose your phone or anything and you give the phone finder your coin. It would be safest by simply creating a paper wallet while offline, and rebooting before going back online, then transfer the tokens to that ETH address. Done, secure vault... It's very easy. I like to fold & laminate several of them with simple clear parcel tape so sealed tight (keys hidden inside and waterproof) and I enjoy the idea of having totally secure exclusive access from a handy qr code in my wallet or in a safe place. In this way anyone can carry an endless amount of assets around and across borders with no cash or electronic equipment, no bank check to deposit or wait on clearing in a foreign country. Try getting on an American flight with 20k cash or more sometime... hehe. Soo Cool that ICN will also have visa debit card access! Noting though that part would indeed involve site security. So yes with that in mind you CAN store them there, and just use the debit card to reduce your shares and asset wealth on sucking down an Starbucks over-priced frothy-Latte' hehe. Future Comment: "Help please... I went to the Lambo dealer with my founder's club debit card and they told me the green one was over my daily withdraw limit, what to do?" Answer: Buy the red one and trade it for the one that "Chase" has. (other ICO participant) Chances are he left a kilo or two in the glove box.  Well i hope they make a simple tutorial for people that are newbies in crypto world. I know some stuff about crypto and still have problems to create ETH wallet with Mist. There will be step by step tutorial of how to manage ICN from Mist. However, that is not something for newbies in crypto world - still too complicated for them. Might be hard to believe for you, but is true. Pls reply to my msg. lol stop writing here!!! We're not checking PM on BTT as of right now. Flood of users sending their emails is just too high right now. Please join us on Telegram for anything that you need assistance with right now. |
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I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed.
Jani, my opinion of you, and my belief that ICONMI is going to be a "to da moon" success, just went up even higher... by a lot. Thx mate! I appreciate it. Whole team is working hard on ICONOMI to become a success. First and foremost from added value perspective and disruption fund management. Financial will be just a logical consequence of that. |
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@ICONOMI,
I invested 5 btc but did not receive an email about the visa card. Will i be receiving one in the future? Now granted at the time the emails first went out for the free cards I had not achieved that funding level yet, but I did before the ICO ended. I just don't want to be left out.
If you invested 5 BTC then you are in |
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Pm sent for signature bounty.
With 4k+ twitter followers I earned
Total: 7520 stakes
Estimated ICN to receive: 358.48 ICN
This is very low payment for twitter participants.i believe there will be no big difference in amount after excluded the spammer.because all the spammers now corrected themselves by undo all spam detective tweets from iconomi and they are still not banned.lets see what will be the so called final balance for twitter.
Thanx
Spammers can undo retweets of control tweets as much as they like. We registered every single one already. |
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How long can we keep our ICN on ICONOMI site?What if we dont withdraw it to eth wallet?
Right now, we're actually supposed to be giving them the address to deposit the ETH as I understand it, but it could end up being like lisk where they give you the address(s) and keys they deposited the tokens into for each purchase. Either way, the ETH address is universal, so you will be able to access it natively from any ETH wallet supporting ETH subtokens providing you have the address and key. This is the nature of all cryptocurrencies I know of, so... "Keeping it on the site" is a relative term. If they issue addresses and keys, then by "leaving it on the site, you're leaving it open for attack by default. Because anyone who can login with your credentials has access = risk. Granted, 2FA SHOULD protect you, but lose your phone or anything and you give the phone finder your coin. It would be safest by simply creating a paper wallet while offline, and rebooting before going back online, then transfer the tokens to that ETH address. Done, secure vault... It's very easy. I like to fold & laminate several of them with simple clear parcel tape so sealed tight (keys hidden inside and waterproof) and I enjoy the idea of having totally secure exclusive access from a handy qr code in my wallet or in a safe place. In this way anyone can carry an endless amount of assets around and across borders with no cash or electronic equipment, no bank check to deposit or wait on clearing in a foreign country. Try getting on an American flight with 20k cash or more sometime... hehe. Soo Cool that ICN will also have visa debit card access! Noting though that part would indeed involve site security. So yes with that in mind you CAN store them there, and just use the debit card to reduce your shares and asset wealth on sucking down an Starbucks over-priced frothy-Latte' hehe. Future Comment: "Help please... I went to the Lambo dealer with my founder's club debit card and they told me the green one was over my daily withdraw limit, what to do?" Answer: Buy the red one and trade it for the one that "Chase" has. (other ICO participant) Chances are he left a kilo or two in the glove box. Well i hope they make a simple tutorial for people that are newbies in crypto world. I know some stuff about crypto and still have problems to create ETH wallet with Mist. There will be step by step tutorial of how to manage ICN from Mist. However, that is not something for newbies in crypto world - still too complicated for them. Might be hard to believe for you, but is true. |
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How long can we keep our ICN on ICONOMI site?What if we dont withdraw it to eth wallet?
You can keep ICN on ICONOMI forever. |
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Hi Iconomi team and everybody else
How about adding a withdraw option (after all credentials, email and 2FA process) that acts like a long term vault? User can choose to turn it on and it means that withdraw won't happen immediately but after a predefined amount in which the account holder will be notified by email/phone and can cncel the withdraw process at any time
Just to add another layer of security for storing the tokens online
Good suggestion! Thx! Good suggestion. Something like that will come out at the beginning for those who will keep ICNs with us already. Like a delayed withdrawal for security purposes. |
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Hi I have ICONOMI to you a question.
I tried to attach the unique code for the blog in steemit and found out that to records left more than a month ago it is impossible to write even the comment.
How to confirm me the blog?
Steeemit is special case here. Please create a new post under same username as your Blog post and put ICONOMI code in the title. For better help please visit: https://telegram.me/iconomiicobounties |
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Hi all
I posted this question on telegram group, but got no reply, so I will try here as well.
I thought about that paradox in regards to the index, your thoughts are highly appreciated:
Index goes up, it gets more attractive to investors and they start to buy-in. Since the index is within the same domain as the entities it tracks, it will may have a direct affect. Once certain coin gets dominant, ppl usually sell their other holdings in order to buy. I saw it happens with etc and monero in the last few months. When it happens all other coins move to red.
Since that one actually track those coins, it will have a direct impact on the index itself.
Is this something that can actually happen and act as sort of a mutual negative feedback (like a self balancing)?
If ICNX started to pump and its' underlying assets were dumping, then arbitrage traders would be selling ICNX and buying the underlying assets, in order to bring the prices back into equilibrium. The opposite would also happen. If a coin in the index, like Lisk, pumps up 20x in 2017, then arbitrage traders would be selling Lisk and buying ICNX, until the prices back to equilibrium. Why do you assume that traders will sell when index or coin is pumped AND be buying other asset from within the index with 100% of the profits made? They may just keep the profits and decide to re-buy just 10% of them The market will reach equilibrium. Here's an example: - Say ICNX is holding cryptos with a total net-asset-value of 5000 BTC and ICNX market cap is at exactly 5000 BTC - that's equilibrium - Lisk price pumps massively, and now ICNX is holding cryptos with a total net-asset-value of 7000 BTC - The market recognizes that ICNX market cap of 5000 BTC is now under-valued compared to the 7000 BTC worth of cryptos it holds - The market now buys up ICNX until market cap is brought up to 7000 BTC - back to equilibrium (some of the money for this ICNX buying would be coming from people selling Lisk to take profits too, so equilibrium may be reached somewhere below 7000 BTC) You were asking, what happens if people pump the price of ICNX up above net-asset-value. In that case the market would buy the underlying assets and/or sell ICNX until the prices reach equilibrium again. Thank you MoveCrypto. You understand this very well. And thanks for explanation of dynamics here. |
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I like that woman, can she marry me if I hold 1 million iconomi?  Haha, just kidding. I can't wait for coin distribution. Have you contacted poloniex the best team?  Please no such jokes. How can we get more ladies into crypto with such comments? We're not commenting anything regarding exchanges. @Iconomi - can you comment on the total amount of people you have hired? What is the number of people being paid, and how long, approximately, you think it will take for the team to "burn" the funds? I am not complaining, just would like to know how long before the platform will have to be profitable enough in order to pay for its own dev and maintenance. I am 100& aware that A and A+ devs and employees in general cost pretty much the same around the globe Right now we are: - 2 cofounders + an advisor basically on close to same level of dedication as us two - 4 developers. 2 more onboarding right now - 1 designer being onboarded right now as well - 1 legal - 1 product guy coming from Berlin on 16th October - 2 in communications / marketing - 1 financial guy The thing is, that we started hiring before ICO ended as well as looking for new office space to rent. And we were actually warming people that were able to join right now almost since the beginning of this year. All that because if we would start with all that right now, we wouldn't be able to have team as of right now before year ends. You can't get A+ players right off the shelf in a week to say. How long to burn the funds I can't say right now. Could be that legal is something we'll have to pay a lot for. I would say we are good for at least 5years (that would be $2m per year, which we are far from burning right now... but let's take into account that there might be some unexpected costs). Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed. |
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@iconomi Copy your code and place it at the end of every ICONOMI blog post you’ve created to claim your Blog bounty. should i post it in my blog end or the excel??? To you and user "electronicash". Open blog post of how to claim bounties. Then read it. In every section it is explained what to do if you don't have account yet. Just read it! And for more questions you should use this channel: https://telegram.me/iconomiicobounties |
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I am a Lisk supporter.
But the difference in ICONOMI that this guys rent an office in a few days. Lisk rented an office in Berlin after 2 months when the ICO ended.
Behind Lisk still no a formal company, ICONOMI has (Cashilla).
Things going more faster than LISK.
PS: Go ICONOMI and go LISK! (I am happy that LISK was accepted in the ICONOMI ICO).
I thought Iconomi was planning to incorporate a non-profit for the iconomi ico funds, which is separate from the for-profit Cashila business. So we have yet to see if they are faster than Lisk at this part. https://medium.com/iconominet/legal-part-1-42fa72e1f157#.tmucalwdjOur team is already hard at work researching several options for incorporation in different jurisdictions across the globe. I am happy to say that at the moment of my writing, we are strongly favouring Switzerland(4), Liechtenstein, Luxemburg and the Netherlands, with several other jurisdictions in our due diligence process as well. The final decision will be made within weeks of the ICO ending. That is as it stands now. Not sure if this will be non profit. But ICONOMI will be separated from Cashila. It was just born under Cashila's umbrella. |
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