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861  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ARK Signature Bounty Thread on: December 07, 2016, 03:11:19 AM
Checking in again for the week.
862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 23, 2016, 12:20:54 AM
so what we still get profit from dividends  Cheesy
Exactly, and this thinking is under-rated here. Remember that there are two sources of return for ICONOMI - price appreciation AND dividend payments. To calculate the full return, you will need to take dividend reinvestment into consideration as well.
863  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ARK Signature Bounty Thread on: November 23, 2016, 12:18:56 AM
Weekly checkin
864  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ARK Signature Bounty Thread on: November 20, 2016, 03:40:40 PM
Just applied for the signature bounty, including the avatar.
865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO] PRCOIN - Blockchain P2P advertisement platform. on: November 17, 2016, 10:01:14 PM
Blockchain P2P advertisement platform.
Builtin ipfs, blockchain technologies.

CURRENT TOTAL PRESALE AMOUNT
BITCOIN : 855.25625551 BTC
ETHEREUM : 32007.6905672 ETH
RIPPLE : 908564.8500000 XRP

https://www.icoprcoin.com/


The `PRCOIN` is a Blockchain P2P advertisement platform. Anyone is available.
PRCOIN provides an easy-to-use platform advertising.
It's a platform that can lower the cost and rise the efficiency.
Through PRCOIN platform, advertiser can freely register his advertisement in PRCOIN platform


FEATURES

Publisher can choose an adequate advertisement to post on his homepage, blog, etc. and get PRCOIN as an revenue from the advertiser.
Advertiser can buy PRCOIN to pay advertisement fee and publisher can sell PRCOIN gained as advertisement fee in exchange market.

Unlike usual concept of advertisement,
advertiser can sell right to publish his advertisement to the publisher in PRCOIN advertisement platform.

Publisher must buy the right to publish the advertisement from the advertiser.
Which means, publisher buy the right from the advertiser and after that publisher receive advertisement fee from the advertiser.

This is a cycle that advertiser can gain revenue from selling rights to the publishers and paying advertisement fee after.
This can lead advertisers to make more effective and higher quality of advertisements so that they can be chosen from publishers.

For publishers, they can publish better advertisement to give more effectiveness of advertising to consumers. This will raise both publishers' and advertisers' revenue.

IPFS Distributed Web create more freedom

Is there any proof of funds? Can you sign a message with the Bitcoin address with this money, hopefully a multi-sig wallet, with inputs coming in since the ICO start?
866  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 16, 2016, 12:12:00 AM
Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  Grin
Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.
None of their coins are proof stake, and even if it were... i dont think that was the idea of iconomi.
If all this was done simple to stake coins, then i should sell my tokens and make my own nodes.
That's not true at all. Proof of stake doesn't require them to do anything. If they are holding funds passively in a wallet, with the right strategies and limits on liquidations of funds, they can easily use those for regular staking. This way, everyone benefits. The underlying crypto has a strong partner in ICONOMI who wont' try to attack the chain. ICONOMI will get general crypto goodwill. The ICNX holders will get more returns because of the staking that has taken place, and as a result, the ICN holders get higher returns too. I don't see any downside. The only thing is, any liquidations have to be managed properly, which means they might want to have funds in multiple multi-sig wallets instead of one.
867  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 15, 2016, 09:50:58 PM
Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  Grin
Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.
868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 13, 2016, 01:38:37 PM

Quote from: ICONMOMI
This first investment came after months of evaluating potential ICOs and talking to almost 20 different teams. During this process we arrived at two conclusions that were worthy of serious consideration. First, we encountered several teams with great ideas and great technical skills, but which were lacking in areas such as financial modelling and business planning. Second, there are no real established standards for the due diligence review/assessment of ICOs.

Also, invested 5,000 ETH, which is around 50k$. Not much from 10mil$ ICONOMI has.


true, doesn't mean it was necessary. I'm still waiting for their reasoning on this one, I did due diligence on golem too and decided to stay away.

Guess that's something for Tuesday's AMA

I don't understand this logic one bit. How do you expect to be in agreement with all the decisions the fund makes? Obviously you will disagree with some, and agree with others. Why is that surprising or unexpected?
869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 05, 2016, 02:07:12 PM
Why everyone ask for new exchange everyday?If you want to buy you can buy at liqui and kraken.New exchanges will not help raise it's price

Cause Polo is where all the traders are gathered, also has a trollbox, which makes it an ideal place for pumps and fomo.
Do never listen to a trollbox, those are the worst of all.
The people there just say bullshit to either spread fear or fomo.
It's literally called 'Trollbox', what else would you expect?
870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 05, 2016, 11:23:06 AM
It is proposed to add the a curenncy stratis to iconomi index.
Who proposed it? Stratis has a great team behind it, but it is very illiquid at the moment, and doesn't trade on Polo. It will be hard to buy/sell it in large quantities. Perhaps the PERFORMANCE fund is better suited for Stratis than the INDEX fund.
871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 04, 2016, 10:07:08 PM

I'm much more interested in progress on code/platform than web design.  Last two updates have just been web design.
That's true in general, but remember this is being targeted towards regular non-crypto investors as well. UI becomes important for them.
872  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 02, 2016, 08:43:22 PM


for starters the beer would be frozen, since the temperature on the moon is around -298 degrees Fahrenheit

we have to consider also the zero gravity problem.
Moon doesn't have zero gravity  Smiley
873  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 02, 2016, 07:43:41 PM
Do we get a list of ICOs that Iconomi.performance invest in ?

The ICONOMI.INDEX fund will be open to everyone, while the ICONOMI.PERFORMANCE fund will be by invitation only. However, ICONOMI ICO participants will be invited to the ICONOMI.PERFORMANCE fund. https://ico.iconomi.net/faq (I assume this means that only investors will be invited and bounty hunters/who bought after ICO won't be ? )

seem not fair, I'm no investor but had submitted articles for the ICO. Can ICNP be traded as well?  It would seem to appear that ICNP later will have a high value that only those who had accounts on ICO are going to be part of it.
"Fairness" is in the eyes of the beholder. The PERFORMANCE fund is a strategic fund, which means if it grows too big, the returns will suffer. Therefore to limit participation, the team decided to open it first to the ICO participants. This seemed fair to them, rather than choosing people arbitrarily. If there is still space, I am sure they'll open it up to others as well.
874  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔹🅰RK🔹 [ANN][ARK] A Platform for Consumer Adoption [TEC - 120% Lisk Bonus] on: November 02, 2016, 07:41:49 PM
Hi everybody

I just jointed BTC talk.
I wanted to participate with the signature campaign but unfortunately its not possible as a new member.
Oh well still happy to join the sweepstakes Wink

Final words; great project!

Welcome. What attracted you to ARK? Would be interesting to learn a new member's perspective.
875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔹🅰RK🔹 [ANN][ARK] A Platform for Consumer Adoption [TEC - 120% Lisk Bonus] on: November 01, 2016, 10:36:20 AM
for those contemplating exchanging their big bag of Lisk for Ark what is the exchange % ratio of LSK to ARK?

We are offering 120% Bonus on LISK deposits for first 24h so that alone should be a motivation to get in early with LISK if you find this project interesting. How much ARK will that yield you at the end we cannot be certain since with each contribution to the TEC value of each ARK goes up.

Are you not concerned this will be bad for risk/liquidity for ARK team? It is easy enough to convert BTC to LSK via exchanges or even shapeshift, so many people might do that. Now the ARK team will be left with a bunch of LSK and its price would be more volatile than BTC and have a higher risk. Also liquidity is an issue. This happened with Maidsafecoin when they launched and took donations both in Mastercoin and Bitcoin, which ended up in a disaster.
876  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: October 31, 2016, 09:55:09 PM
I re read the Iconomi whitepaper this morning, and remember why I didn't go for the ICO. I wish I had now though. Smiley I just didn't understand it.

Can anyone here tell me how the Iconomi proposals compare to Lykke?
I think I understand what Lykke is trying to do, but I still don't get Iconomi.

How is Iconomi different from Lykke?

Thanks you to anyone who can help
They are targeting very different markets. Lykke is going for the traditional assets, and working on trading traditional assets on its platform. Iconomi is trading only crypto assets on its platform through funds - currently planned for index and performance. There are no such crypto funds in Lykke, and no way to trade oil in Iconomi. As I said, very different markets, and likely very different audience/users as well.
877  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔹🅰RK🔹 [ANN][ARK] A Platform for Consumer Adoption [TEC - 120% Lisk Bonus] on: October 31, 2016, 09:52:08 PM
It will be allowed reimbursement for those who invest in Lisk?


Yes, if we don't raise the starting 2000 BTC valuation then all the LISK that we collect will also be refunded.
It is a risky market to be raising money into. 2000 BTC seems quite high in the current market conditions. Any plans to lower this amount or revisit the threshold in the future?

Depends.  The hardware aspect of our project is one of the major factors that we must be able to deal with so there must be a certain amount of funding required. 

If anything, if the goal is not met, we may just launch and provide an OTC exchange for ARK with consistent price increases but to be honest, we haven't put a lot of thought into a contingency.

We really do believe we can raise the requirement so I guess we will cross that bridge when we get to it.

That sounds reasonable, but I ask because it might cause people to be a little hesitant to support the project, knowing the token sale might be canceled. For example, people do have to put in effort for bounties. They may hold off on doing so before they feel more certain the project can raise 2000 BTC. This will cause it to reach fewer people, ultimately causing it more likely to miss its targets. In my experience, it is usually not a good idea to cap ICOs for this reason. Happy to be proven wrong of course.
Yes you are right about the cap as it can make people hold off on investing but we have put a lot of thought into it and have had heated discussions on if we should have a starting limit.  We also don't want to be stuck with too little funding and cannot deliver on promises.  That's not how we like to work.


Thanks for your very reasonable answers. Wishing the team the best in the project.
878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: October 31, 2016, 08:29:40 PM
Just wait til we hit Polo.

Mal, as a prominent non-shitposter in this thread, I encourage you to be more responsible with the Poloniex speculation/hype.

Here are the absolute facts:

    1.  Poloniex is a Delaware Corporation -- a U.S. company.

    2.  Poloniex takes regulatory compliance very seriously.  See for example New  Hampshire action in quick response to new law.

    3.  ICN are, beyond doubt, a security which is currently not registered with the SEC.  ICN are not in any way legal to advertise or sell in the United States.

SEC could force Poloniex to shutdown, or put the hurt on them, for listing unregulated securities.  Kraken seems willing to chance it for some reason.

The idea that we'll suddenly see a "ICN now trading on Poloniex!" announcement is pure insanity.

Iconomi put the cart before the horse by offering securities to U.S. buyers before they were registered in the U.S.  Now I presume they're paying expensive NY lawyers in an attempt to retcon the whole deal and make it kosher with the SEC.  We will see/hear administrative shit with the SEC, and a firm announcement of ICN's legal status in the U.S., before we see ICN listed on Poloniex, if ever.  Anybody thinking that ICN will be on Poloniex "soon" or that the announcement will come out of the blue is delusional.

Please do your part to contain the idiocy that infests this thread.


Can you explain how ICN tokens are different from REP tokens in terms of being classified a security? As far as I can see, they both pay dividends to the token holders in Ethereum. REP trades on Poloniex.  
879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔹🅰RK🔹 [ANN][ARK] A Platform for Consumer Adoption [TEC - 120% Lisk Bonus] on: October 31, 2016, 08:24:29 PM
It will be allowed reimbursement for those who invest in Lisk?


Yes, if we don't raise the starting 2000 BTC valuation then all the LISK that we collect will also be refunded.
It is a risky market to be raising money into. 2000 BTC seems quite high in the current market conditions. Any plans to lower this amount or revisit the threshold in the future?

Depends.  The hardware aspect of our project is one of the major factors that we must be able to deal with so there must be a certain amount of funding required. 

If anything, if the goal is not met, we may just launch and provide an OTC exchange for ARK with consistent price increases but to be honest, we haven't put a lot of thought into a contingency.

We really do believe we can raise the requirement so I guess we will cross that bridge when we get to it.

That sounds reasonable, but I ask because it might cause people to be a little hesitant to support the project, knowing the token sale might be canceled. For example, people do have to put in effort for bounties. They may hold off on doing so before they feel more certain the project can raise 2000 BTC. This will cause it to reach fewer people, ultimately causing it more likely to miss its targets. In my experience, it is usually not a good idea to cap ICOs for this reason. Happy to be proven wrong of course.
880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔹🅰RK🔹 [ANN][ARK] A Platform for Consumer Adoption [TEC - 120% Lisk Bonus] on: October 31, 2016, 08:08:16 PM
It will be allowed reimbursement for those who invest in Lisk?


Yes, if we don't raise the starting 2000 BTC valuation then all the LISK that we collect will also be refunded.
It is a risky market to be raising money into. 2000 BTC seems quite high in the current market conditions. Any plans to lower this amount or revisit the threshold in the future?
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