That sucks. I wanted to buy a token from Liqui but I think that I will pass on this for now. I will wait and see how this will evolve. Yes, accusations seem to be true. My last post was deleted off of here a page back. My account now has 2FA enabled which I didn't do, so now I can't login. |
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Glad you like the idea Jack! Also, where do you guys see that MGO is on Cryptopia? Or pay big exchanges with the Ico money. I think that they have raised more then enough money to develop everything that they plan. So why not use a free surprise income to give something back to the community? @Jack since you guys raised a considerable amount of Bitcoins I was wondering what you guys are planning to do with the BCC that you will get for free from them? You guys could use a portion of that free money for buybacks. I am sure that a gesture like that would make the community happy  How about using it for the same purpose as the bitcoins, to develop the platform further. There isn't anything they can do with BCC that they can't do with any other currency. Oh look, another logical person using his brain. Take heed Jack, oh wait you're too busy talking about some huge plans with a bunch of Indians LOL I personally really like the idea of using the potentially free money for something to benefit our community and I already pitched it to our team. But by all means, feel free to make baseless assumptions and FUD more. Too busy talking about huge plans, give me a break. It's called our go to market strategy, and our investors realize the importance of that strategy. It's not hard to understand why. |
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Exactly! When ICNX is a few months in and collects $50M - $100M those fees will be huge and that will mean that the buybacks will be huge! 2018 will see a few millions in buybacks in my opinion. ICNX, while still being in beta in Q2, collected $13,373 in fees  |
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I think that they have raised more then enough money to develop everything that they plan. So why not use a free surprise income to give something back to the community? @Jack since you guys raised a considerable amount of Bitcoins I was wondering what you guys are planning to do with the BCC that you will get for free from them? You guys could use a portion of that free money for buybacks. I am sure that a gesture like that would make the community happy How about using it for the same purpose as the bitcoins, to develop the platform further. There isn't anything they can do with BCC that they can't do with any other currency. |
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Awesome increase in Q2! I expect that in Q3 this number will be in the six figure range: ICNX-Passive DAA entry/exit and management fee: $13,373 Also, with the BCC that they will receive, we should see a very nice buyback budget for Q4 |
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I rate this project as a whole. You only seem to take into consideration the fund part of Iconomi. I on the other hand think that the platform part will be much bigger then any of their funds... You rate the value of the new platform with over $100M, that's okay. I think a fund should represent the value of its assets. That's not given here. (EDIT: Iconomi is not responsible for that!)
Nonetheless Iconomi can be a good investment for people who don't have the time/knowledge to check markets. Good Luck!
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They are not worth just $35M, that is just their performance fund. But the fact is that they are not just a fund, they will offer a platform for other people to open funds and bring a ton of money into crypto. Yes, their holdings are one thing, but the added value will be the platform with its users and also the buybacks made from their profits. In Q2 they already burned almost 100,000 ICN tokens. Well, Iconomi can be valued easily by their holdings as it acts like a fund. They collected $10M last year and their holdings are worth like $35M now while the altcoin market made ~x10-15 in that time.
That's a bad return. What surprises me is their market cap, this went up from $10M after the ICO in 2016 to $260M today, which is x26.
This is a little mismatch, x3.5 to x26, isn't it?
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Show me one crypto where the marketcap is the same as their holdings The marketcap is based on potential and other things not just the holdings of that crypto... I think that Iconomi has the closest marketcap to book value ration around and that speaks volumes. That is just the holdings of ICNP. The whole amount is much higher then that. I would estimate that it could be double that amount for their entire holdings but we will have the exact number when the Q2 report gets published.
Thank you for answering. But I don't see how the actual market cap corespondents to their holdings. It's at least two times higher. |
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That is just the holdings of ICNP. The whole amount is much higher then that. I would estimate that it could be double that amount for their entire holdings but we will have the exact number when the Q2 report gets published. |
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I went fully out of Monaco and invested into Tenx because they already have a working product and I am already waiting on my card to arrive |
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I think that people will be selling off alts to buy BTC to get free BCC and that could mean lots of red numbers in the alt market. We will see how things turn out though. I expect BCC to die a slow death and both BTC and all alts become stronger then ever.
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Well the process could and should be fully automated. So no customer support would be needed. When your account hits the desired amount, you get paid in the next pay cycle that Tenx has. No need to complicate things Well you can set a few options. One is to receive dividends at the intervals that Tenx determines and the other is to set your own amount when you want to get the dividends. By default every account would have the first option enabled and if anyone wants to change this they can do so in their account...
Why would stuck funds in their wallets be a problem?
Well, both things cost a lot of money. They would need extra customer support for all those users who experience problems, which is very expensive. If there is enough demand for these features, they will do it, of course. But the "just pay every token automatically every month to the same address" option is very cheap and doesn't need any support. Gas, of course, but gas is a huge deal cheaper than support-man-hours at the moment. And to keep Ethereum alive, it should stay that way. |
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@Jack since you guys raised a considerable amount of Bitcoins I was wondering what you guys are planning to do with the BCC that you will get for free from them? You guys could use a portion of that free money for buybacks. I am sure that a gesture like that would make the community happy |
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Yes, you can earn by voting for a profit sharing delegate that is in the top 51. Is ARK going to work with GAS, Masternodes or something?
GAS is "fee" for eth and etc, why on ark  ? Also, why would you need masternodes lol? Sorry, what i mean was if your holding ARK do you get some profit for it, like Waves or NEO orr something else |
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I wonder what they will do with the BCC that they will receive for their ICO bitcoins. It would be awesome if they would sell it and use the whole amount for buybacks. Or at least 50% instead of 20% since these will be free |
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Wow, this could be a hard blow for the crypto world if this money goes up in smoke. Looks like the punches keep on rolling it at the moment but I am very confident that in a month or two BTC and the whole crypto world will come out bigger and stronger.
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That looks awesome! Man, I would love to participate in ICOs without having to buy crappy ETH and usually lose money with it So very soon you'll be able to use your ARK as an Ethereum token using a system called ACES. It will be good to use my ARK to participate in ICO's instead of having to keep buying Eth. Watch the video here; https://www.youtube.com/watch?v=qugC8sQFR40I believe more detail is to follow.... |
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Well you can set a few options. One is to receive dividends at the intervals that Tenx determines and the other is to set your own amount when you want to get the dividends. By default every account would have the first option enabled and if anyone wants to change this they can do so in their account... Why would stuck funds in their wallets be a problem? Ah, ok. I thought that they will have a standalone wallet.
As for the mode of payment, I would prefer that I can set my own amount when they send it out, like for example with Google adsense where you can set a goal amount that has to be reached in order to receive payment...
That's an interesting idea. You could suggest this kind of payment for the PAY token to the TenX team via Slack. However, by design this would give TenX the power to withhold dividend payments, in addition to that it could create stuck funds in their own wallets. Based on this perspective, I doubt they'll agree to that. But who knows, you could try. BTW: TenX´s bloomberg article is being linked and copied a lot by financial and tech news sites all over the world. I think a lot of people will soon know that you can use TenX to pay with crypto everywhere ... In case you have missed it: https://www.bloomberg.com/news/articles/2017-07-23/singapore-startup-counts-on-visa-to-take-bitcoin-into-real-world |
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