May look similar, but they're completely different. Iconomi intends to bring money from old economy into CryptoCurrency. Intellisys intends to take money from Bitcoiners to invest in manufacturing, real estate or even sanitary waste firms...using "BlockChain technology"  seem bad for the cryptocoins value. while ICONOMI are trying to get more money from usual investors from ourside crypto, here in Intellisys will be doing the opposite thing. By the way their plans are, the team may likely scam people from bitcoin users.  Somehow the first paragraph that describes the idea and people behind it may not look the most promising for a new business that aims to manage other people's money "If early bitcoin entrepreneur Charlie Shrem's newest venture (his first since his release from prison earlier this year)..." |
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Has there been any estimates on how the dividend payment is calculated?
None yet, other then ICN holders will split 20% of the profits from all funds. woow, woow, hold your horses, cowboy. The only 20% profits is from ICNP. If you don't directly invest into some fund, don't expect 20% of the profits. For the passive managed funds, such as ICNX, expect something like 2% annual. In any case, it is better to wait for further announcements, which for sure will come before OFM goes live. But I think we need to stress also about other funds that will be run on their platform. I think with time there will be all different sorts of fund managers on the platform with different types of investing. Some will have safe investments (like ICNX), some will have higher risks (and possible higher returns) so it is quite unpredictable right now calculating % of whole profit for Iconomi company. Yes, it is too soon trying to calculate the weekly dividends stream. I think that dividends will be very low in the beginning, at least few months into fully operating OFM. WEEKLY Dividends payments will increase exponentially once OFM platform launches and traders start their own funds & compete to be most profitable funds to gain more investors & more commission. ICN holders get WEEKLY Dividends from ICNX & ICNP AND from EVERY SINGLE FUND on OFM platform. e.g. If OFM platform grows to 100 index funds, ICN holders get WEEKLY Dividends from ALL THOSE 100 index funds.Exactly. It will probably take few months to take off. Traditional investors will want to see how it works before jumping in. Once they do Iconomi will really moom and behind |
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Has there been any estimates on how the dividend payment is calculated?
None yet, other then ICN holders will split 20% of the profits from all funds. woow, woow, hold your horses, cowboy. The only 20% profits is from ICNP. If you don't directly invest into some fund, don't expect 20% of the profits. For the passive managed funds, such as ICNX, expect something like 2% annual. In any case, it is better to wait for further announcements, which for sure will come before OFM goes live. But I think we need to stress also about other funds that will be run on their platform. I think with time there will be all different sorts of fund managers on the platform with different types of investing. Some will have safe investments (like ICNX), some will have higher risks (and possible higher returns) so it is quite unpredictable right now calculating % of whole profit for Iconomi company. Yes, it is too soon trying to calculate the weekly dividends stream. I think that dividends will be very low in the beginning, at least few months into fully operating OFM. |
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Has there been any estimates on how the dividend payment is calculated?
I've already written this about ICN dividends: https://www.reddit.com/r/ICONOMI/comments/5bi5em/what_defines_success_for_icnp/?st=ivdx8vk1&sh=07c6dbb9As the article above discusses, ICNP needs to go from its initial $4.6M to 2.7X during 2017 for a 15% annual dividend and 3.7X during 2017 for a 25% annual dividend. Hitting 3.7X would make ICN a better dividend asset than any stock on NASDAQ and make ICONOMI a rock-star crypto on Wall Street. So let's look at the rock-star crypto 3.7X case. $4.6M X 3.7 = $17M. Profit is $17M - $4.6M = $12.4M. Dividends to be distributed during 2017 would be 20% of that profit or $12.4M*0.20 = $2.5M. These dividends would be distributed over 100M ICN tokens so each ICN token would receive $2.5M / 100M = 0.025 USD = 2.5 cents per ICN token over ALL of 2017. If there was a constant weekly distribution of dividends over the 52 weeks in 2017, then the weekly distribution for each ICN would be 0.025 USD / 52 = 0.0005 USD per week or one-twentieth of a penny per week per ICN. So to equal the very best dividend stock on NASDAQ, ICONOMI must provide dividends per individual ICN token of $0.0005 USD per week or 0.025 USD total during all of 2017. This analysis ignores other income streams besides ICNP. This also ignores buying still more ICN weekly with your dividends for a compounding effect. Getting back to the quote at the top of this post, EVERYBODY would be very satisfied with $0.10 weekly dividend per individual ICN. This would mean ICONOMI would be paying out out $0.10 * 52 = $5.20 during 2017 on each ICO $0.1257 ICN token. They would need $5.20 * 100M = $520M in cash to distribute as dividends to meet this 0.10USD per week per ICN target. If this half-billion dollar dividend pool came from 20% of ICNP total profits, then the ICNP profits need to be $520M/0.2 = $2.6 billion. With a B. Growing the ICNP from its current $4.6M to $2.6046B is a multiplier of 566X, in a direct comparison of the 3.7X multiplier above that would make ICONOMI a NASDAQ rock star. Hope is a good thing for the human mind to have. Math is a better thing for the human mind to have. Now, is ICN a panic sell if they can't hit a ridiculous 566X profit multiplier and turn ICNP into a multi-billion dollar fund in under 12 months to feed everybody's totally unrealistic dreams of $0.10 weekly profits per ICN? Not at all. ICN IS NOT A PANIC SELL WHEN YOU SUDDENLY REALIZE THE TRUTH ABOUT IT. IT IS A DEFINITE BUY.ICONOMI is not aimed at crypto children that don't know enough math to realize when their dreams are ridiculous. ICONOMI is aimed at traditional fiat investors that currently have WAY WAY WAY more money to invest than the entire total in crypto right now. And those traditional fiat investors are all crazy starved for income yield since the central banks have collapsed interest rates to zero over the past eight years. IF ICONOMI CAN HIT A 3.7X MULTIPLIER FOR ICNP TO BECOME BETTER THAN ANY OTHER NASDAQ DIVIDEND INVESTMENT, TRADITIONAL INVESTORS WILL POUR HUGE AMOUNTS INTO BUYING UP ICN TOKENS TO SECURE THAT DIVIDEND LEVEL FOR THEMSELVES.Traditional fiat investors do not live in the crypto dream fantasy world of hoping for 566X multipliers on crypto-ICO performance funds. They live in the real world where they will pour HUGE sums of money into purchasing any investment that can give them a 25% annual return on their money. That may be ICN tokens very soon, if ICONOMI can turn $4.6M into $17M during 2017 by investing ICNP funds into startup crypto efforts. And you certainly should not panic about putting your money into something that could quite easily give you 25% or more return on your investment annually. I am HODLING. There's also this: Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each. This implies a market cap of "only" $400M.
Also, as a mined coin, Ethereum has inflation of 18M ETH per year. As an unmined token, ICN has 0% inflation forever. This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.
True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap. Another reason why ICONOMI is going to the moon: ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.ICN Dividends are paid in ETH, not ICN.Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply. ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.
  Dear Mal, thank you for taking the time and posting again your great posts, even though it makes you feel like the weatherman. It would be interesting to meet you and the other HODLers in Iconomi convention in few years, each one with its founders card and new car/yacht. How about house? You can't use a house to come to the Iconomi annual founders convention  But if you buy big enough, you can host it |
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god I love this ICNore button You mean the latest and greatest Ullukapatha troll?  yes Ha! I knew it! Are they coming from the woods or just spawning? |
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Has there been any estimates on how the dividend payment is calculated?
I've already written this about ICN dividends: https://www.reddit.com/r/ICONOMI/comments/5bi5em/what_defines_success_for_icnp/?st=ivdx8vk1&sh=07c6dbb9As the article above discusses, ICNP needs to go from its initial $4.6M to 2.7X during 2017 for a 15% annual dividend and 3.7X during 2017 for a 25% annual dividend. Hitting 3.7X would make ICN a better dividend asset than any stock on NASDAQ and make ICONOMI a rock-star crypto on Wall Street. So let's look at the rock-star crypto 3.7X case. $4.6M X 3.7 = $17M. Profit is $17M - $4.6M = $12.4M. Dividends to be distributed during 2017 would be 20% of that profit or $12.4M*0.20 = $2.5M. These dividends would be distributed over 100M ICN tokens so each ICN token would receive $2.5M / 100M = 0.025 USD = 2.5 cents per ICN token over ALL of 2017. If there was a constant weekly distribution of dividends over the 52 weeks in 2017, then the weekly distribution for each ICN would be 0.025 USD / 52 = 0.0005 USD per week or one-twentieth of a penny per week per ICN. So to equal the very best dividend stock on NASDAQ, ICONOMI must provide dividends per individual ICN token of $0.0005 USD per week or 0.025 USD total during all of 2017. This analysis ignores other income streams besides ICNP. This also ignores buying still more ICN weekly with your dividends for a compounding effect. Getting back to the quote at the top of this post, EVERYBODY would be very satisfied with $0.10 weekly dividend per individual ICN. This would mean ICONOMI would be paying out out $0.10 * 52 = $5.20 during 2017 on each ICO $0.1257 ICN token. They would need $5.20 * 100M = $520M in cash to distribute as dividends to meet this 0.10USD per week per ICN target. If this half-billion dollar dividend pool came from 20% of ICNP total profits, then the ICNP profits need to be $520M/0.2 = $2.6 billion. With a B. Growing the ICNP from its current $4.6M to $2.6046B is a multiplier of 566X, in a direct comparison of the 3.7X multiplier above that would make ICONOMI a NASDAQ rock star. Hope is a good thing for the human mind to have. Math is a better thing for the human mind to have. Now, is ICN a panic sell if they can't hit a ridiculous 566X profit multiplier and turn ICNP into a multi-billion dollar fund in under 12 months to feed everybody's totally unrealistic dreams of $0.10 weekly profits per ICN? Not at all. ICN IS NOT A PANIC SELL WHEN YOU SUDDENLY REALIZE THE TRUTH ABOUT IT. IT IS A DEFINITE BUY.ICONOMI is not aimed at crypto children that don't know enough math to realize when their dreams are ridiculous. ICONOMI is aimed at traditional fiat investors that currently have WAY WAY WAY more money to invest than the entire total in crypto right now. And those traditional fiat investors are all crazy starved for income yield since the central banks have collapsed interest rates to zero over the past eight years. IF ICONOMI CAN HIT A 3.7X MULTIPLIER FOR ICNP TO BECOME BETTER THAN ANY OTHER NASDAQ DIVIDEND INVESTMENT, TRADITIONAL INVESTORS WILL POUR HUGE AMOUNTS INTO BUYING UP ICN TOKENS TO SECURE THAT DIVIDEND LEVEL FOR THEMSELVES.Traditional fiat investors do not live in the crypto dream fantasy world of hoping for 566X multipliers on crypto-ICO performance funds. They live in the real world where they will pour HUGE sums of money into purchasing any investment that can give them a 25% annual return on their money. That may be ICN tokens very soon, if ICONOMI can turn $4.6M into $17M during 2017 by investing ICNP funds into startup crypto efforts. And you certainly should not panic about putting your money into something that could quite easily give you 25% or more return on your investment annually. I am HODLING. There's also this: Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each. This implies a market cap of "only" $400M.
Also, as a mined coin, Ethereum has inflation of 18M ETH per year. As an unmined token, ICN has 0% inflation forever. This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.
True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap. Another reason why ICONOMI is going to the moon: ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.ICN Dividends are paid in ETH, not ICN.Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply. ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.
Dear Mal, thank you for taking the time and posting again your great posts, even though it makes you feel like the weatherman. It would be interesting to meet you and the other HODLers in Iconomi convention in few years, each one with its founders card and new car/yacht. |
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god I love this ICNore button You mean the latest and greatest Ullukapatha troll? |
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Has there been any estimates on how the dividend payment is calculated?
None yet, other then ICN holders will split 20% of the profits from all funds. woow, woow, hold your horses, cowboy. The only 20% profits is from ICNP. If you don't directly invest into some fund, don't expect 20% of the profits. For the passive managed funds, such as ICNX, expect something like 2% annual. In any case, it is better to wait for further announcements, which for sure will come before OFM goes live. |
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I don't like the way Ethereum is celebrating their flaws and inadequacies, they have even made it an habit to fork anytime, I hope they resolved this once and for all, if not project like ICONOMI may look elsewhere think that's not a big deal for iconomi to move. after all they just need a versatile blockchain and there are some out there It is not just to move the tokens to different chain. What about the weekly dividends? Every week Iconomi will need to broadcast few thousand transactions on that chain. Besides Ether and Bitcoin blockchains, I am not sure that any other chain is capable of that at the moment. You also have to consider the fees factor - the Bitcoin blockchain is much more expensive than Ethereum NXT or whatever it's called these days can do it very easily. bitshares too, but they need to test out dividend functions first edit: bitcoin is no option for dividend payments to 1000s of accounts ON CHAIN. too expensive Is there any big project running on top of these two? NXT have 260 active nodes only |
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What is supposed to happen on December 7th? And where is the source for that?
Nothing. He just made this date up. Lets just say when you will wake up on the 7th there will be a nice present waiting for you I hope we will see big dump before it so we can still buy some cheap tokens . But probably next big ann. would be their second investment. And if they did it into wings then we wont get any infos before the end of the year since their ICO lasts longer (49 days) Just for fun, and since I don't have anything better to do let's make a list of potential ICOs and try to figure out which one of them is on Iconomi sight (feel free to add): Wings Incent Ark ----------- BLockCDN ChronoBank I personally like Incent concept, they don't try to invent the wheel and from the short communication with the team (emails) they seem pretty OK to me. Didn't follow them closely, but from what I read here and there it looks like they made good partnerships. So my "vote" goes for Incent. The reason my vote didn't go to Wings is not because I think it is bad or unprofessional team. It just seems a bit out of time - for 99% of the people it sounds like another "nerdish" project that no one needs. I do believe that we, as the blockchain pioneers, should start with simple, every day mainstream use-cases and move them to blockchain technology. BlockCDN looks like interesting idea, still haven't done any due diligence. Any thoughts? (please, no trolling) |
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I don't like the way Ethereum is celebrating their flaws and inadequacies, they have even made it an habit to fork anytime, I hope they resolved this once and for all, if not project like ICONOMI may look elsewhere think that's not a big deal for iconomi to move. after all they just need a versatile blockchain and there are some out there It is not just to move the tokens to different chain. What about the weekly dividends? Every week Iconomi will need to broadcast few thousand transactions on that chain. Besides Ether and Bitcoin blockchains, I am not sure that any other chain is capable of that at the moment. You also have to consider the fees factor - the Bitcoin blockchain is much more expensive than Ethereum |
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edit: I'll hold on to my ICN! Plan is to receive some nice dividends
ohhh please please .... tell us what do you understand by nice dividends ? Pleaseeeeee It you ask sooo nicely, that would be $0.01/ICN per month or more That would be 1M usd profits every month. |
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Are you sheeting me ? What is so special about these sites ? You can't even deposit fiat via credit card ... Did you at least had an account on these 2 sites to actually see what is all about? If yes, were you that impressed .. ? why ? Daparski's head is wavering like a breeding baboon. He posts silly things twice on friday, monday evening and quadruples the shitpost throughput on thursday when he runches to gobble a cheese pancake before crafting dastardly posts. Hes of a low intelligence. So you two, boys, turn out to belong to the long and respectful group of cry babies "traders". I would add you to my ignore list, but it is too much fun watching you struggling and crying about polo. Breaking news, ring the school bells!! no 3x on lunchbox and allowance money, now go back to class! BTW, this is really good stuff for the morning coffee: The dev's could've said from the beginning .. hey guys careful if you want to invest ... we'll add this token only on shitty exchanges so you will not be able to really trade it ... so please don't invest unless you are a holder, long term investor |
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Only 7 Days to December  Almost 800 pages and Iconomi Platform hasn't even launched yet. December is going to be an exciting month indeed. exactly my thoughts once platform access will be granted, btt is going to da moon before ICN |
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It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.
That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.
If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.
Are you sure they have a product ? Or just an idea ?
It's like with any crypto project. They are all great in theory, but without getting adopted by the mainstream most of them won't survive.
That's where iconomi is in my opinion way better then other projects: they have a financial product, which offers an easy bridge between the large group of people who have no idea of crypto besides that that's the place where huge money flows and where the future is.
If the team succeeds with their marketing (PR team sits at wallstreet) and makes some deals with major platforms, magazines and so on to attract a wide investor base, I really see no point for your sarcasm. Pump and dump will always be a thing, look at the stock market! But this won't make ICN less valuable that it is.
Are you sure they have a product ? Or just an idea ? Unlike other cryupto projects ICONOMI has gone beyond ... they prevented people from actually having a profit by trading the tokens on a decent exchange. Probably this is because the Wall-street wolfs are allergic to trading. Are you gonna start trolling now? We kept the last few pages relatively trolls-free. Care to explain how exactly Iconomi team can prevent polo from listing it? |
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whats the hat and shirt look like? any photos?
good question |
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Where is this ICN trading at? If they invested in wings... I want some ICN!
So how does this work? Does the ICN team decide when and what to sell or is it a colaborative decision based on investors?
Sometimes, it's best to hold or HODL coins for massive returns instead of dumping at the end of a crowdsale.
Is there a minimum holding time? I would assume since its a "Fund Management" that it would give these new coins atleast 1-2years before considering a sell-out
hold til icnx and icnp is release of maybe even hold it forever for they send dividends weekly. receiving weekly dividends is a much better option for you shall have it forever so long as you keep your icn with you. When it comes to dividends are there any estimates as to how much we can expect to see. Using a figure of, say 1000ICN, how much of a dividend in eth can i expect to see a year? I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend? If i'm totally wrong, please correct me, i'm not ashamed to admit i'm not as clued up on ICN as some people here. Cheers for the performance fund ICN holders will get 20% of profits. As ICN holder, you will get dividends from other funds as well in the form of fees. Like stated - wait for the platform to be operational |
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Hi all
sorry for stupid question, wasn't following this thread closely.
When can we withdraw the tokens from the ico site?
no eta, just wait till the mainet launches.  10x. So the tokens stay on the ico site for 4+ months? |
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Hi all
sorry for stupid question, wasn't following this thread closely.
When can we withdraw the tokens from the ico site?
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