As this news of ICNX and OFM would spread, price of icn would keep on rising. soon departing for the moon By the way, Who are the testers of platform? (Who get early access) Currently Iconomi is at 15 th position in market cap. It would rise to top 10 in some days. I think they haven't invited anybody until now because nobody has posted anything about an early access invitation. But I hope I will get one! A friend of mine was the 10th who invested into ICONOMI and he hasn't got anything until now How does he know he was the 10th? At the ico site there was a counter and he was even further 6 or 7th he said.
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The .3 wall gets eaten!!!!!!
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I wonder if the the 46k and the two 30k sell walls are fake or real. I guess we will find out very soon Looks like it's real. At least for the first 1k ICN
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Is ICNX a new token just like ICN ? If someone could take a few minutes to explain to me what are the differences between OFM , Performance and Index and how we should use them then I would be grateful . I first had an idea but I forgot since It being a few months now , I also want to know , when we should expect seeing an address of ICN on the ICO account so we deposit our ICNs back to the ICO account ?
Is anyone here you can tell me what ICNX tokens are? I meanI read the FAQ and the whitepaper and everything and i couldn't find an exact answer to this. What can i do with them? What do they stand for? If somebody has 2 minutes to explain it to me will be really nice I wonder if you are one and the same person! ICNX aren't tokens. It's a fund. Like funds in the real world. Read their Blog post below there you can find some answers. https://medium.com/iconominet/detailed-iconomi-cryptocurrencies-index-icnx-update-8ed2b0158665#.6ere9ecio
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As this news of ICNX and OFM would spread, price of icn would keep on rising. soon departing for the moon By the way, Who are the testers of platform? (Who get early access) Currently Iconomi is at 15 th position in market cap. It would rise to top 10 in some days. I think they haven't invited anybody until now because nobody has posted anything about an early access invitation. But I hope I will get one! A friend of mine was the 10th who invested into ICONOMI and he hasn't got anything until now
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Everyone should own at least 10k ICN or 100k+!
I see new millionaires coming out in 2017, thanks to ICN!
You Better Calm Down Whut! I just ordered my lambo with some hookers on 28th!
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OK i have to get me a nice place with a coffe and my iPad to read this update oh man i am so pumped for this blog update. Aaand also for the 21th early access aaaaaand for the release on the 28th... did i miss something?? ooooh yea and X-Mas That's the most important: We would like to inform all interested fund managers that the ICONOMI Open Fund Management Platform will be ready earlier than planned.And the sell walls are moving upwards!
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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 5 years (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. I thought I'd dig up this nice bit of information from October for anyone who missed it. Update: Daniel Zakrisson and Jan Isakovic joined ICONOMI as investments evaluation experts. They aren't counted in above.
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As you mention in your dev plan you will create LH tokens on multiple Blockchains (Waves, NEM, ETC) What about ETH? You didn't mention ETH there, does that mean you don't count on ETH?
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Seems like we are going to take off - big sums going in. It means that there will NOT be price drop on Friday because confidence and urgency grows too fast! Also BTC looks like preparing for Jupiter, which means ICN will take Mars ($10) in 2017. +1 There will be no dip. Even the mentally challenged polo cry babies are hodling ICN.
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Bought some btc, what do you advise, wait till price of ICN drops, or buy ICN now?
Doesn't matter if you set up a sell order or buy on the market, but you should get some before 28th. I think Poloniex is there for Listing presently, I saw on their page that Betond the void (nexus tokens) couple d with Stratis is on it now and also delisting some tokens this can create opening for ICN. ICONOMI team should do the needful and approach Poloniex now before this opportunity close.
They won't do a shit. They said it's about the exchanges to list ICN.
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Buy side is growing. Great news. 👌🏻🚀 Are we about to take off??
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It was stated that as long as Iconomi have enough funds from ICO money for daily operations, all fees will go to ICN holders. Once they will burn ICO money, profits will first be used for operational costs and the rest will be paid as dividends. Since ~80% of ICNP profits go back to Iconomi, I don't expect Iconomi to be short for operational funds any time soon
I missed this. Link? "How much is distributed as dividends to ICN token holders? ICN token holders receive everything, after the operational costs of the service operator have been subtracted. Please note that we will be using the capital raised during the ICO for coverage of operational costs and will not participate in profit sharing as long as there are ICO funds left over." https://ico.iconomi.net/faqWow. I keep learning. First ICN price will go up like a rocket based on unrealized, undistributed profits from ICNX / ICNP, and now effectively 100% distribution of OFM fees as dividends until ICO funds run out. I'll edit my post above. Mind blown. Hodl ^ 2. Hodl ^ 4 Hodl ^ 5We can expect a great year 2017 for ICN hodlers I'm so excited. I wish I could get more ICN before 28th but I'm already all in. I honestly don't understand why there is not zero liquidity at Kraken. You have to be a complete idiot to sell any ICN you currently have.
Daytraders.
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Kraken is back online!
Not much ICN left under 0.00030 tho...
Looks like we're heading to 0.0040 soon.
still 38 BTC left till 30k are you sure it will pass 0.00040 at the end of this month? highest bid today is 0.000282 lot off pressure by sell order while bitcoin value keep upwards The sell pressure is there mainly because most new buyers don't have an ETH wallet to withdraw their ICN to and ICONOMI.net wallet still doesn't accept ICN deposits. What does this have to do with the sell pressure? When your icn are on kraken, doesn't that mean you automatically set up a sell order. All my icn I hold don't apply there because I didn't set up a sell order. So I can't understand what you are trying to say. is the Dividends start paying on 28/12?
Or the project start to launch and by weekly dividends, do they mean every week? Or Bi week?
Thanks!
This was asked about a 1000 times now, please do some research by yourself.
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Kraken is back online!
Not much ICN left under 0.00030 tho...
Looks like we're heading to 0.0040 soon.
still 38 BTC left till 30k Peanuts, tho!
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You're welcome.
Just inquiring, where does your smoke come from, I have my guesses Straight outta yobit. Why are people so anxious? Have some patience, everything will eventually come in time I know, if it looked like a P&D coins they could still make a profit now but most of us think otherwise. Hodl is the key, my friends.
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Iconomi has met all targets and deadlines early or on time.
Except their promise that we can "Expect ICN to be Listed on Several Major Exchanges". You're posting this for months now. Who the fuck cares about that. Get Icnx and Platform done. ICN price 5x did 't happen in two weeks, so it's prbabbly scam. 😉
No patience they have.
You pays your money and take the risk. Short term returns (or losses) invest in the coins on Yobit. You're welcome.
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The homepage of ICONOMI.NET doesn't even the link to ICONOMI whitepaper... That's very concerning, I hope they fix it ASAP. They already said they will merge the two sites soon. So until then, we'll just keep losing investors? These guys really don't want ICN to go up any time soon. Not sure if trolling or.. 10mio$ invested speaks for itself. After platform launch, they will do more than enough marketing. Not sure what your problem is. ICN price 5x did 't happen in two weeks, so it's prbabbly scam. 😉 No patience they have.
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