Noob question - Just noticed this ICO.
So by investing in ICONOMI, does that mean my ICONOMI coins represent a share of the crypto's which ICONOMI has invested in?
Or are the ICONOMI coins related solely to the platform.
IN otherwords, why does ICONOMI coins have value.
So by investing in ICONOMI, does that mean my ICONOMI coins represent a share of the crypto's which ICONOMI has invested in?
Or are the ICONOMI coins related solely to the platform.
IN otherwords, why does ICONOMI coins have value.
ICONOMI will represent %of income provided by iconomi founds. for each toke they will pay dividends proportional to % of share you have.
Something like stocks but ONLY for dividends.
More dividends more iconomi is valued simple
PS: as all in alt is paying not tax needed until cash out
Based on the ICO page they say that 62% of funds is spent on development, 25% on operations, etc, leading up to 100% of total funds of ICO.
Therefore what is going to be allocated for Iconomi funds?