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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 30, 2017, 12:59:12 PM

Quote from: Daparski on March 30, 2017, 12:45:56 PM Quote from: ruletheworld on March 30, 2017, 12:31:03 PM Quote from: bitbitch on March 30, 2017, 09:35:14 AM setting this new initiative (the burning) to one side just for a moment, is the fundamental proposition of Iconomi actually working well, and is it likely to work well in the future? this new news seems a bit of a distraction from the core offering. The dividends were part of the core offering, so it is not a distraction to debate its implications. Hopefully the rest of the core offerings remain intact, like the index/hedge fund like tokens, and also the fund management platform. No. Profits distribution was the core offering ( as long as they have ICO money to use). Dividends is just one possible way of that profit distribution Not distributing dividend and implementing "buy-back" policy is a very smart and best decision for all stakeholders as well for potential investors. Very smart.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 21, 2017, 08:16:13 AM

Quote from: CityStreet on March 16, 2017, 11:04:13 AM Have you seen a penny from dividend so far ? Is platform open for public ? Market value of holding assets have nothing to do with dividends. Those assest owned by ICN (by us, founders) are worth much more than 1 month ago. That's a fact. If it's not open to public it still has investments and (present) higher value than e. g. 1 month ago. ______ I have even bigger news, you can invest in ICNP already ! 100 ICN == 1 ICNP From what I understand there might be only 1 000 000 ICNP in existence. https://i.imgur.com/Nbyv8Bd.png Where does this information come from? Who is stijn36? If this is true, this is HUGE! WOW BIG NEWS! I missed it. Robinhood and stijn36 are 2 member very actif in slack. So they did not miss info. It's a fucking good news Not so big deal ICNP is worth 6$ right now, and it gives around 12% monthly ROI. https://i.imgur.com/GEDrYwp.jpg 6$ per ICNP / 100 ICN = 0.06$ -> that's how much ICN is worth right now in terms of ICNP. ____________ This is what I was refering to. I also think I read or the team represented it on one their public event that iConomi put the "rest of founders money" in fund(s). So founders own fund shares/tokens on the other hand they will also get a fee from their own funds and others. (correct if I'm wrong, please with details) That's why I was supprised by low market price of ICN when other cryptocurrencies went up recently. I was supprised by no correlation, but there should be one. But regarding this ... probably not a lot of people are familiar with "the backbone" of this project (as I read this post, bunch of financial amateurs) if it will unveil "by the book", it will be a huge disruptive breakthrough. So cryptocurrency market for ICN is still not mature enough, but it will get there. When I read the "Whitepaper" back in 2016 when ICO started I just invested immediatly, without any great knowledge of cryptocurrency area. It was like reading what I do every day, but in a "cryptoworld" where everything is "unspoiled" and ready to burst ... and I just wanted to be at the begining and be among first one. If everything goes as the team planned ... in 5 years time ... this project will be big. As an investment banker the parallels of this project in real world are obvious and opportunities are unlimited, if the team will deliver what is expected to.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 20, 2017, 12:00:46 PM

Quote from: Enjorlas on March 19, 2017, 03:32:01 PM Quote from: u2boy on March 19, 2017, 11:39:35 AM Iconomi - a LONG story that nobody cares to understand trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18): https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/ That's actually a cool article you posted. It sums up the current state of affairs: Despite the fact that that ICN -0.15% got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away. Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN -0.15% is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN -0.15% , ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management ) This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN -0.15% would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY. Of course what is written is correct and fair. True. The project will gain broader interest of investment and retail community when it will start generating REVENUES for stakeholders. Period. When REVENUES will gradually rise, everything else will come along as things evolve (OPM, dividends ... ). That's it.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 16, 2017, 11:04:13 AM

Have you seen a penny from dividend so far ? Is platform open for public ? Market value of holding assets have nothing to do with dividends. Those assest owned by ICN (by us, founders) are worth much more than 1 month ago. That's a fact. If it's not open to public it still has investments and (present) higher value than e. g. 1 month ago.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 16, 2017, 10:28:05 AM

As a layman - if other CryptoC. go up (as we see these days), and iConomi "company" ownes those assets through investment "tokens" in ICPN fund ... shouldn't value of iConomi "company"(ICN) go up? What am I missing here ...?

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 08, 2017, 02:32:21 PM

Quote from: Enjorlas on March 08, 2017, 02:05:16 PM Quote I think that smar people will load with ICONOMI since it looks like good surce of income from crypto, next to exchanges, hazad/gambling / tax dogging Cheesy / black market. ICONOMI business suits to crypto IMO. Right. I hear many people say things like, "Several of my coworkers are interested in buying ICNX" and "My Grandmother wants to buy $1000 worth" etc. An alt coin that appeals to such a broad audience ha a bright future. Not to mention the legions of fund managers waiting in line. It is literally a way to make passive income with just a few button presses on a computer. As I see on long term there is (among others) one important fundamental thing for attracting investors: --a "loop" from and to real economy-- Once this financing circle is establish, it will get interesting.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 08, 2017, 12:22:52 PM

Quote from: Daparski on March 08, 2017, 11:42:39 AM Quote from: CityStreet on March 08, 2017, 11:23:28 AM Quote from: Mendeleev on March 08, 2017, 10:41:04 AM I feel like some people aren't understanding that the 30% of the management fee is what will be distributed as dividends... not just profit for the Iconomi team. Fund manager keeps 70% of the fee they charge. 30% is split across 100,000,000 ICN. If management fee for OFM is 1% @30%, they get 30% of 1%p. a. and most of it will be distributed as "dividends" among 87.000.000 (!). Or 1% of OFM NAV (nett asset value) diveded by 365, you get daily man. fee, and 30% of it is "daily" income for ICN holders, as stated, should be distributed weakly... ICNX and ICNP goes as 100% of the fee ... example: if OFM has flat NAV through the 365 days 100.000.000 EUR NAV 1% man. fee -> 1.000.000 EUR p.a. 30% of 1% -> 300.000 EUR p.a. 300.000 gets distributed among 87.000.000 ICN holders or 0,00345 EUR / ICN on yearly basis. That's the way I understand it. Please correct me if I'm wrong. I think it is still too early to calcualte OFM (DAMP) fees structure in details. Let's have the platform with ICNX released first. You have one fundamental mistake - dividends payments will always be distributed to all 100M ICN tokens Aha, thank you. Yeah, agreed. But basic understanding in this calculation is - cca. 1% dividend yield @current ICN price.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 08, 2017, 11:23:28 AM

Quote from: Mendeleev on March 08, 2017, 10:41:04 AM I feel like some people aren't understanding that the 30% of the management fee is what will be distributed as dividends... not just profit for the Iconomi team. Fund manager keeps 70% of the fee they charge. 30% is split across 100,000,000 ICN. If management fee for OFM is 1% @30%, they get 30% of 1%p. a. and most of it will be distributed as "dividends" among 87.000.000 (!). Or 1% of OFM NAV (nett asset value) diveded by 365, you get daily man. fee, and 30% of it is "daily" income for ICN holders, as stated, should be distributed weakly... ICNX and ICNP goes as 100% of the fee ... example: if OFM has flat NAV through the 365 days 100.000.000 EUR NAV 1% man. fee -> 1.000.000 EUR p.a. 30% of 1% -> 300.000 EUR p.a. 300.000 gets distributed among 87.000.000 ICN holders or 0,00345 EUR / ICN on yearly basis. That's the way I understand it. Please correct me if I'm wrong.

Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform

on: March 01, 2017, 08:41:15 AM

Quote from: kalpit on March 01, 2017, 07:14:40 AM Quote from: ether19 on March 01, 2017, 07:08:22 AM Quote from: Somastarted on March 01, 2017, 01:13:37 AM Quote from: Nachbar90 on March 01, 2017, 12:38:55 AM Quote from: Somastarted on March 01, 2017, 12:00:31 AM What is the difference ICN and ICNX? thank you ICN = dividend-paying shares of Iconomi ICNX = Iconomi Index Fund - automatically managed, invests in different cryptos ICNP = Iconomi Performance Fund - manually managed by experts, invests mainly in ICO´s thank you for answer I understand now. It is a good features. Could someone please share there thoughts on the future of each of these tokens: ICN, ICNX and ICNP. How will these tokens affect each other? What will be the factors affecting their price apart from demand and supply? Should an investor choose from or have all the 3 tokens in the portfolio? ICN grows as Iconomi as a company grows. Wider adoption of Iconomi implies ICN rise. It would be affected by demand and supply. ICNX rises as the cryptocurrency as a whole rises. ICNP would be like a limited special edition coin. It is expected to give higher returns than ICNX . I'm planning to hold them in a ratio ICN : ICNX : ICNP = 3:1:2 If the creation&redemption of "tokens" will be established as mutual funds&ETFs work in real world ... there will be direct connection / correlation between NAV (nett asset value) of ICNP, ICNX and other OFM, estimated amount of weekly dividend payment (from TER precentage (total expense ratio)) ... so market would reflect these facts and pricing of ICN (dividend yield).

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