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541  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {Over 2000 BTC raised!} on: January 20, 2017, 04:57:59 PM
How big will be price for first three projects again?
542  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 20, 2017, 04:48:03 PM
I wish the volume was high enough for kraken to do margin on ICN that would seriously make me retire...


No stress, everyone who holds more than 10,000 ICO will be able to retire in 2018...

That would be nice.

For ICNX is it going to be tradable like any other token? Therefore will be pumping and dumping or do you litterally buy it and see profit coming back? I cant get a clear understanding of this.

ICNX doesn't have dividends, it simply tracks the value of the basket of cryptocurrencies it is backed by.

If you deposit capital into index fund on Iconomi platform, then new ICNX tokens are created and you can withdraw them.

If you deposit ICNX tokens to the index fund on platform, then the ICNX tokens are destroyed and you can withdraw capital.

This means the supply of ICNX (an ERC20 token on ethereum) will grow/shrink as people deposit/withdraw capital from index array.

How are dividens payed out then? I read that holding Icn wouldn't pay out. I'm also a little confused with icnx :/

YOu will get divdents as long as you hold private key. So you will need to move your icn to wallet or Liqui or maybe devs will make Iconomi wallets for us
543  Alternate cryptocurrencies / Altcoin Discussion / Re: Did ICN developers fly with the money? on: January 19, 2017, 08:57:09 PM
I just want to point out one thing we learned today: they are active as hell, they even bought sneakers for themselfes because they work late night hours. so chill people
544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 19, 2017, 07:35:45 PM
Icn is a scam. Anyone want to take bets that their next "announcement" will go something along these lines -

We will have to delay the release, we want to make sure everything runs smoothly(like every crypto pump/scam)
Release coming end of summer! Then moon, happy, money!

Planned release was suppose to happen Dec 2016, bet they won't have jack shit on the upcoming Ann.
Are you crazy or what.If it were a scam,devs need not to be updating the community about their latest progress.They have millions of dollar to disappear and live a lavish live but they are working to make it billion dollar and stay here

give me fucking break ... what updates? Some pictures and some talking ?

not this fuc* petricag again. can you please dump your icns and go away?
545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 17, 2017, 09:19:42 PM
all those that will invest future profits into hookers and blow and lambos, make sure you pay them in crypto and tell them to invest that money back into one of crypto funds on iconomi platform so we will get even higher fees
546  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 17, 2017, 01:08:26 PM
We are pleased to announce that we have integrated Airbitz security into the WINGS alpha test network ahead of The North American Bitcoin Conference.  Paul Puey, CEO of Airbitz, will be presenting Airbitz and featuring WINGS as one of the blockchain applications using their security.

http://btcmiami.com/session/paul-puey-ceo-of-airbitz-securing-the-future-of-blockchain-technology/




The price wont be just a 3K sat we are seeing a 1 usd value in the long run, i would not mind waiting for a long time to get listed in an exchange.

If everything goes as it should be, we could see price around ETH price in near future. The price will skyrocket as soon as first crowdfunding will go live.

I wonder how you got this estimation. Because I dont know on which ground price could go up so much. You have to start making some money with token to warant that price. Forecasting and evaluation should brink a lot of money to wings token holders in order to get such a price
547  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 17, 2017, 01:00:33 PM
I want to ask if the Alpha wings DAO is a real DAO and the BTC pledge is a real one, because I don't think they should rush the platform since the mainnet is not available yet just to avoid the SLockit DAO mistake

answer was just above your comment
548  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 17, 2017, 12:45:52 PM
The release was always going to be first quarter of 2017. So until told otherwise, assume the end of March.

They were almost ready to launch on Dec 28, but were delayed because they needed to apply fixes suggested by test group.
Applying those fixes shouldn't take more than 3 to 4 weeks, unless they're rebuilding the entire platform from scratch. Huh
"End of March" will be completely ridiculous, because that's long enough to build an entire fund management platform from scratch.

So 3 months to build the first crypto fund management platform from scratch...
Including design, architecture, setting the infrastructure, preparing the dev environment, writing the code, testing the code, UI... and few more

You realise this platform will manage huge amount of money, do live trading on exchanges, etc

And yet you know what is best for the project, how long it should take them to apply fixes and how long it takes to build it - all that without any actual look at it, and by the way you speak without having any clue whatsoever about coding or any other IT related project..

Maybe he should make his own one to have a benchmark for Iconomi
549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 16, 2017, 08:49:33 PM
Some more info from Jani on slack today:



EDIT: that screenshot turned out to be too small, so here is the text:

"jani [5:44 PM]
True what @daparski just said. Me and Tim are the only one that know if we invest or not till ICO ends. Public and ICONOMI team are not aware of investments until ICO ends. It's to ensure infos are not leaked.
But we discuss projects with everyone. Inside the team and outside."

Damn I was complitely wrong about Wings investment from ICNP hehe

Wings has too complicated idea, not sure it really solves any real need in the world outside crypto.

Alpha platform is out and it looks nice so i keep my fingers crossed for it. I think its real value could be to help small companies with ICO that does not have marketing funds like Chronobank an maybe to become a center for investors in ICOs. We will see with time but it is annoying they wont pay dividents from fees
550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 16, 2017, 08:33:07 PM
Some more info from Jani on slack today:



EDIT: that screenshot turned out to be too small, so here is the text:

"jani [5:44 PM]
True what @daparski just said. Me and Tim are the only one that know if we invest or not till ICO ends. Public and ICONOMI team are not aware of investments until ICO ends. It's to ensure infos are not leaked.
But we discuss projects with everyone. Inside the team and outside."

Damn I was complitely wrong about Wings investment from ICNP hehe
551  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 16, 2017, 07:50:18 PM

IF Iconomi gets listed on all top major exchanges and


To tell you the truth I'm quite happy it's listed on Kraken, gives ICN credibility which is much needed with all the trash coins around, Kraken has about 12 coins/tokens I believe being traded.
They don't list random coins.
Not getting listen on Polo will turn out for the better.


have to agree here. Stable growth will be the best for good long term investment
552  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 12, 2017, 09:18:44 AM
Quote
WINGS tokens owners compensation
Once a DAO project is backed, a portion of the newly created DAO project tokens will be distributed as
a reward among the WINGS token holders with the most accurate forecasts. The rewarded tokens will
be sent to the blockchain address of those WINGS token owners who participated successfully.

So if I understood white paper right, you will be etitled to "dividents" only if you will participate in DAO evaluation? There will be no standard dividents because Wings are not classical stock, am I right?

These are not "dividends"; these are called getting rewarded for doing some work (in this case making an educated forecast) and being accurate in your work.  Actually there is forecast rating goes up over time as well for actually showing up (making a forecast), so consistently showing up is also part of the reward.

Dividends on the other hand are profits paid to shareholders of some company for work they did not do.  In the WINGS system no one gets rewards for doing nothing.

Ok thanks to clear up this for me
553  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 12, 2017, 09:14:06 AM
Adding ICN/FIAT would be good thing i think. Because for newcomers its gonna be easier to buy crypto/fiat pair then first buy something else and then ICN. With more people in crypto there will be more volume
554  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 11, 2017, 04:16:46 PM
Very low-profile project, can we buy wings expect liqui? I don't believe liqui very much. Bittrex is better
No. The Wings token havent launched yet so you can only buy IOU's.

what is IOU short for actually?

aka for I OWE YOU.

thank you
555  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 11, 2017, 01:20:41 PM
Very low-profile project, can we buy wings expect liqui? I don't believe liqui very much. Bittrex is better
No. The Wings token havent launched yet so you can only buy IOU's.

what is IOU short for actually?
556  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 10, 2017, 10:37:25 PM
Quote
Although over half of hedge funds manage less than $100m, they represent only 1.4% of the industry’s $2 trillion or so in assets, according to Hedge Fund Research, a data provider — The Economist.

This is quote from Economist's article. To get an impression how huge is this business in FIAT world

I think the way Crypto world is going, fund managers will be the next big thing in Altcoin market, people need someone to manage their portfolio for them and this is good that ICONOMI is leading the way. I just hope they deliver the right platform

Exactly that was my point. When people will find out about fund management I think this will be break through. In "normal" life people do not have time to trade but would like to save money in alternative way.

P.S. whats behind this big sell. Somebody is dumping? I read something on slack but am not sure if it is just trolling
557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 10, 2017, 05:37:00 PM
Going back to some previous discussion, looks like MelonPort is not actually a competition for Iconomi after all.

https://medium.com/@mona.elisa83/what-are-the-problems-facing-the-hedge-fund-industry-today-and-how-can-smart-contracts-on-the-7d1fbc25d04e#.94r26bhui

From what I understand it will use Ethereum blockchain to cut the expenses in the fund management industry but as far as I know it won't deal with cryptocurrencies or "digital arrays" as Iconomi calls them, so basically it has very little in common.

Seems like a very interesting project and the CEO definitely has big connections.

I would rather say that this project would be interesting for Iconomi to buy and implement into their platform. What do you think?
558  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: January 10, 2017, 05:27:20 PM
Quote
Although over half of hedge funds manage less than $100m, they represent only 1.4% of the industry’s $2 trillion or so in assets, according to Hedge Fund Research, a data provider — The Economist.

This is quote from Economist's article. To get an impression how huge is this business in FIAT world
559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECSX - Escrow X - Insurance protection on: January 10, 2017, 02:46:48 PM
A very much anticipated ESCX ICO launching event is happening now. You are advised to read the pinned message as an ESCX holder.

For ESCX token distribution
ESCX pool address:
1AXgQdNmANYQgu4KXYRFTCKS6A26no9bek

For BTC payment collection
ESCX trust account:
32EyQiKfmqAz8AA5PcabUVbUsxSxWVif6w

How do I proceed from here to collect my ESCX token?
#. Download the Indiesquare apps from Playstore/Appstore at https://wallet.indiesquare.me/
#. After you make BTC payment to ESCX trust account, inform admin about your receiving address found in Indiesquare wallet. Try not to make low level mistake, always remember to backup paper key in your settings and keep it safe
#. Admin requires another escrow member to confirm the payment transaction before the release of ESCX to each and individual from the pool address, appreciate your audit work

What's next?

It's about verification
#. Go to sign up an account at https://onename.com and ensure the compulsory same username you pick up is tally with Telegram ID
#. Fill in your details, you got to have at least the following:-
##. A clear profile picture, group photos is not acceptable
##. Full name as per identity with 2+3 asterisk to retain some of your privacy
##. Location, just the name of city of your current residence
##. Bitcoin address, your ESCX wallet address
##. Description, your international format cell phone contact number
##. With at least 2/3 verifications activated, Facebook or Twitter or Github
#. Do inform moderator once you already comply with houserules and you become a verify member in Crypto*Trade 2.0 @Cerebros_bot. However, you must maintain at least 20 ESCX collateral at all time to stay as active.

How long does it last?
560  Alternate cryptocurrencies / Tokens (Altcoins) / Re: WINGS ★ Where DAO Unicorns Are Born! ★ {18.11.2016 - 06.01.2016} on: January 10, 2017, 01:22:09 PM
Quote
WINGS tokens owners compensation
Once a DAO project is backed, a portion of the newly created DAO project tokens will be distributed as
a reward among the WINGS token holders with the most accurate forecasts. The rewarded tokens will
be sent to the blockchain address of those WINGS token owners who participated successfully.

So if I understood white paper right, you will be etitled to "dividents" only if you will participate in DAO evaluation? There will be no standard dividents because Wings are not classical stock, am I right?
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