Please check my new post on Medium

https://medium.com/@CoinEconomy/my-first-ico-experience-and-why-i-chose-iconomi-icn-3ede2a9d1d26#.3orl2yxj1

and follow me you liked it !

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As seen on Zero Hedge : http://www.zerohedge.com/news/2016-11-03/china-prepares-impose-curbs-capital-controls-bitcoin

Thanks, i would kindly ask to share on social media if you like it and follow me on Medium !!
Working on new ones !!

BTC CoinEconomy (www.coineconomy.io) -- Linking the virtual currency world with Wall Street and Main Street ! BTC


Contest : https://goo.gl/mqzcT4

 

Coin holders please enter the request on Poloniex, which is the exchange that has the best liquidity :

https://poloniex.com/coinRequest

Considering that ICONOMI team is able to deliver what is written on the white paper and is not a Scam, which i strongly believe is not, since i invested a considerable amount of BTC, and i am in direct contact with one of the CO-Founders.
I don't see why it should have a capitalization bellow MONERO, LITECOIN and even RIPPLE on medium/long term.
Short term we can expect a lot of expeculation, especially because the ICO was a huge success and we can expect the coin to have a decent liquidity, which will attract whales, bots, etc etc etc.
Also i don't think the price will be linked to dividends distribution, a company on this stage should not even distribute dividends and should reinvest all the profits in order to make the platform as better as possible.
I am not to worried about the short term price because i believe in the fundamentals and i believe that mid/long term fundamentals stands over short term volatility.

Ok you have a point. I didn't made myself clear, you are correct, capital stock increase and the correspondent dilution is not always negative when used with diligence and on behalf of every investor interest which in my experience is hardly the case, but when not properly used it can simple hurt the small investors, and in worst case scenarios they can be diluted out  from a company without having the tools to fight against it.
Please don't take my questions personally, i imagine you will want in the future to go institutional with your platform, and this type of questions will be recurrent on Due Diligence process.
 

i read this entire thread and i didn't see a single impolite question, there are some tough ones but not impolite. If you trying to attract investors you should give proper care to all questions post in this forum which is one of the main tools (if not the most important) for start-ups in ICO situation. There are a lot of unanswered questions and other incomplete ones. Just some examples :

unanswered :
1.1) I am sorry but i have to disagree, dilution is negative for minority shareholders always. But by your answer i assume there will be Coin increase in the future. Is there a specific policy for it ?

3.2) I looked at all the documentation but didn't see any cash-flow projections that explain the 0.05 price, can you be more specific ?

from titan20 -- I don't understand. Are you just a volunteer that is trying to do his/her best or are you part of the Lykke team that is trying to attract investors?

Incomplete:
Yes, there is one dedicated expert with risk-management background. Who is he ? What is his background ?

I really like the concept of your idea, as i financial market professional i see all the huge potential of it, but right now i am under the impression that you don't have the expertise to run a project of this size because the way you are answering the questions give the impression that you are hiding a lot of information or simple don't know the answer.
There 's a gigantic difference between running a FX Trading platform from a complete service exchange, and from your answers i am under the impression that you don't realize this difference.
It's a pity the potential is really there, but right now i am out. Feel free to reach me if you want to prove me wrong, as i said i have from 5 to 20 BTC to invest.
 

1.1) I am sorry but i have to disagree, dilution is negative for minority shareholders always. But by your answer i assume there will be Coin increase in the future. Is there a specific policy for it ?

1.2) Sorry didnt understand if those are shares with voting power or not.

3.2) I looked at all the documentation but didn't see any cash-flow projections that explain the 0.05 price, can you be more specific ?

3.3) I am sorry i don't want to be rude, but i try to be as much Due Dilligent as possible since i invest generally something between 5BTC to 20 BTC, but the result of an earlier company can not be used to justify the valuation of a new project.

Just adding some more questions :
One of the most important areas of exchanges are the risk management part, because of all counterpart risk, operational risk, leverage etc etc, can you talk about the expertise in this field from the team ?

Also, can you talk about the legal expertise and dealing with regulators expertise of the team ? One thing is to deal with FX Exchange regulatory environment, another completely different environment is dealing with an exchange that can virtually trade any type of asset.

Thanks again for attention and fast answer in the first question.

Hello everyone, discover this ICO a little bit later than i would like.
Already read all this post pages and the whitepaper, i am starting to invest on crypto-currencies related fintechs, made my first investment in ICONOMI, around 8 BTC and i am looking for the next one. I have a financial markets background (15 years experience in Risk Management) so i have some questions related to the viability of the business rather than the technological part which i don't have the expertise to analyse.

Off course the concept is extremely appealing, an universal exchange that you can replicate any type of asset is something huge. So what i am trying to access if the concept can become a reality, in terms of company management, expertise, regulation, risk, etc etc etc. And if this is a good opportunity at a fair price.

So following are my questions :

1-) Initially you had 1,250,000,000 Lykke coins which was increased later to 1,285,690,000 as explained already and 100 LKK represents 1 share, so you have at this moment 12,856,900 shares of the company Lykke Corp
       1.1) In which situations can the number of Lykke Coins increase again ? In case this happens again, current shareholders get diluted, is there any mechanism to prevent shareholder dilution ? Why did you increased the number of shares in the first case and not only just sold coins of the major holder ?
       1.2) 100LKK represents 1 share of the company, is this a voting share or just a share that have the right to receive dividends if this gets distributed eventually ?
     
2- Exchange License
     
      2.1- why U.K. ?
      2.2 - How much does this license cost ?
      2.3 - What are the regulatory requirements to acquire this license ?

3- ICO Cost

    3.1- Right now i see in Lykke Wallet i can purchase LKK @ 0.05119 per USD, who is setting this price ? is this free market or the majors holders ?
    3.2 - Do you have any financial projection that you can share that explains the rationale behind this valuation ?
    3.3 - This is not a question but just my view of the current valuation, from older posts the current valuation  is around 65.5mm USD with a projected revenue of 3.6mm USD, this puts a market Cap / Projected Revenue on 18.19, there are some exchanges traded on the market that we can use as peers comparison, CME trade at around 9 / 10 (30.5bi USD MKT cap per 3.3Bi Revenue), BMFBOVESPA trades around 10/11, and those are not projected revenue, those are realized revenue. Although i understand that there is a potential growth for the business, i see this price a little bit inflated.

i will stop here, i will read the whitepaper again to see if i have any new ones.

Thanks in advance for your attention.

Na verdade não tem nada de muito novo, é um banco igual ao Itau, Bradesco, BB, só que ele não tem agencia é tudo digital.
Mesma proposta do NUBANK, ele não tem nada diferente dos outros cartões de crédito, somente que é todo digital.
A diferença na verdade é que eles são tecnologicamente mais eficientes que os velhos bancos e operadoras de cartão.

esta chegando em 150 mil dolares em menos de 24 horas ...

Deve ser o original, se for não tem anda a ver com o blockchain...

Instituições articulam adoção de moeda virtual Por Martin Arnold | Financial Times

Quatro dos maiores bancos do mundo uniram-se para desenvolver uma nova forma de dinheiro digital que, acreditam eles, vai tornar-se um padrão do setor para autenticar e compensar operações financeiras usando "blockchain", a tecnologia subjacente à moeda virtual bitcoin

http://www.valor.com.br/financas/4684507/instituicoes-articulam-adocao-de-moeda-virtual

The big day is coming 19 hours to go ! Very excited about it, researched a lot, talked to the devs, i think the idea has a good chance of take off, lets see the implementation.
Go ICONOMI !!   

Dividends will be paid in ICN, correct ?

Nice thanks

I see your point, i have the 5 BTC ready, will try to decide if i am converting it to EUR and deposit or deposit the 5 BTC and take the risk ... also i could hedge going short 5 BTC/EUR or BTCUSD in a exchange.

Yeah i agree that in math it won't make a difference.
The only way to avoid the volatility would be to you convert right away all the non-EUR deposits to EUR, and not waiting 1 month to do this, is this viable operationally ?
The way i see it i am very comfortable on taking the platform risk, but i would be very pis... to invest 5BTC @ 515 EURBTC quote and get it converted 1 month later lets say @ 412 EURBTC (-10%), i understand that it also can go up and it get converted better, but the optionality here is still negative in terms of risk.