[ANN] ICONOMI - Fund Management Platform

[antaja]

hi dev please provide again sell ICN tokens in web ico, price 20k satoshi, I missed this.

lol to sell at 20+ and sell the btc at 700+ really is better than saying its still at ico price  

[1715090367]

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[Daparski]

I hold a majority of my tokens on the iconomi site (since I never transferred them out).  Since ICN has gone live, i have purchased more tokens on kraken.  I kind of wish Iconomi's interface let you deposit ICN back to their site.  Would be awesome if they allowed that.......HINT, HINT, HINT.

same request here:
https://www.reddit.com/r/ICONOMI/comments/59vklj/receive_address_deposits_at_iconomi_platform/

I wish it could be done sooner than later.

why would any one hold funds in an address that they don't hold the private keys for??

for me it works like that:
Holding your own priv keys comes with certain amount of knowledge, responsibility, and RISK - that is the main trade off with trusting someone else (Iconomi). If I wouldn't trust them, I wouldn't invest.

I personally don't like the risk of loosing/maintaining keystore backups and strong unique passwords that if forgotten lock you out for good.
I don't like the idea that ether wallet doesn't have 2FA. And I don't like thinking about all that when I am long on Iconomi.
I'd prefer to have a "vault" option and that is exactly what Iconomi provides - an offline, vault-like storage service.
If funds will be stolen/hacked from Iconomi, your tokens will be worthless anyway, whether you have control over the priv key or not.

[NoiseBoy]

I disagree with the method people are using to determine the ICO price. You're using 85 million tokens as the denominator--because that's how many were issued to investors. 100 million were minted however (I know that you all know this, just reiterating it), and the extra 15 million are in the hands of the devs. They are investors too, and while they're somewhat honor bound not to bring their coins onto the market, they still get the long term benefits of holding those coins. Moreover, those coins will dilute dividends, those coins could eventually hit the market, and most of all, those coins contain their fractional share of up-front investment by ICO buyers.

TL;DR we should be using 100 million tokens, not 85 million tokens, for the denominator to calculate ICO token value.

Thus, ICO per token value = $10,682,516.42 / 100,000,000 = $0.106825

With a current bitcoin price of $710.00, that's 0.0001505 ICN/BTC.

On Kraken, 0.000168 is trading, meaning ICN remains 11.66% above ICO price.

[Daparski]

I hold a majority of my tokens on the iconomi site (since I never transferred them out).  Since ICN has gone live, i have purchased more tokens on kraken.  I kind of wish Iconomi's interface let you deposit ICN back to their site.  Would be awesome if they allowed that.......HINT, HINT, HINT.

same request here:
https://www.reddit.com/r/ICONOMI/comments/59vklj/receive_address_deposits_at_iconomi_platform/

I wish it could be done sooner than later.

Edit: Just got a respond from Jani on reddit:
"Most likely with the launch of ICONOMI.index and ICONOMI.performance funds or right after.
ICONOMI.index and ICONOMI.performance is our no.1 priority right now and we're on a really really short deadlines at the moment - we need to, and we will launch before year ends."

[yespeace]

I disagree with the method people are using to determine the ICO price. You're using 85 million tokens as the denominator--because that's how many were issued to investors. 100 million were minted however (I know that you all know this, just reiterating it), and the extra 15 million are in the hands of the devs. They are investors too, and while they're somewhat honor bound not to bring their coins onto the market, they still get the long term benefits of holding those coins. Moreover, those coins will dilute dividends, those coins could eventually hit the market, and most of all, those coins contain their fractional share of up-front investment by ICO buyers.

TL;DR we should be using 100 million tokens, not 85 million tokens, for the denominator to calculate ICO token value.

Thus, ICO per token value = $10,682,516.42 / 100,000,000 = $0.106825

With a current bitcoin price of $710.00, that's 0.0001505 ICN/BTC.

On Kraken, 0.000168 is trading, meaning ICN remains 11.66% above ICO price.

You apparently do not understand the math only thing that matters is hw much diod you pay for 1 ICN at the begining and how much you need to pay it now! your calculations means nothing!

[CaptainJack]

ha ha ha ha ha what a joke

[NoiseBoy]

I disagree with the method people are using to determine the ICO price. You're using 85 million tokens as the denominator--because that's how many were issued to investors. 100 million were minted however (I know that you all know this, just reiterating it), and the extra 15 million are in the hands of the devs. They are investors too, and while they're somewhat honor bound not to bring their coins onto the market, they still get the long term benefits of holding those coins. Moreover, those coins will dilute dividends, those coins could eventually hit the market, and most of all, those coins contain their fractional share of up-front investment by ICO buyers.

TL;DR we should be using 100 million tokens, not 85 million tokens, for the denominator to calculate ICO token value.

Thus, ICO per token value = $10,682,516.42 / 100,000,000 = $0.106825

With a current bitcoin price of $710.00, that's 0.0001505 ICN/BTC.

On Kraken, 0.000168 is trading, meaning ICN remains 11.66% above ICO price.

You apparently do not understand the math only thing that matters is hw much diod you pay for 1 ICN at the begining and how much you need to pay it now! your calculations means nothing!

Funny--I started mentally writing a scathing response/rebuttal, then a little voice in my brain yelled, "Hey dumbass, that guy was JOKING."

[@Hakermania@]

ICN is much better than many other coin! Hold your coin and one day you will be rewarded for your patience!

[CoinMega]

I disagree with the method people are using to determine the ICO price. You're using 85 million tokens as the denominator--because that's how many were issued to investors. 100 million were minted however (I know that you all know this, just reiterating it), and the extra 15 million are in the hands of the devs. They are investors too, and while they're somewhat honor bound not to bring their coins onto the market, they still get the long term benefits of holding those coins. Moreover, those coins will dilute dividends, those coins could eventually hit the market, and most of all, those coins contain their fractional share of up-front investment by ICO buyers.

TL;DR we should be using 100 million tokens, not 85 million tokens, for the denominator to calculate ICO token value.

Thus, ICO per token value = $10,682,516.42 / 100,000,000 = $0.106825

With a current bitcoin price of $710.00, that's 0.0001505 ICN/BTC.

On Kraken, 0.000168 is trading, meaning ICN remains 11.66% above ICO price.

No. ICO price is determined by how much it cost the the investors to get 1 ICN token.

Investors paid $10.5 Million for 85% of ICONOMI, whole company (100Million Tokens) is [was] worth about 12.35 Million.

BTW, is it correct that the person who holds more than 50% of the tokens in circulation can take all the major decisions?

[ALTIEX]

there is good news from the devs or fly down ??

[favdesu]

How to fund my account in iconomi?

that's not possible at the moment. they do not offer a "wallet"

[btcdevil]

How to fund my account in iconomi?

that's not possible at the moment. they do not offer a "wallet"

Mostly this will be possible as from December you can do buying and selling from ICO account or from ICONOMI site itself , this information was given by them some days back. They are preparing the trading platform inside the ICO itself.

[honolulumark]

ICN is much better than many other coin! Hold your coin and one day you will be rewarded for your patience!

It's not a coin, it's an asset. 

[mashcom]

The first scamcoin shitcoin that kraken added on its exchange , awesome.             
I guess kraken loves ethereum's token.                         

[topesis]

I hope that after the performance fund has been raised ICONOMI guys will lobby to put ICN on Bittifinex and Poloniex, no Whales will want to trade on low volume exchanges

[tradoz]

I hope that after the performance fund has been raised ICONOMI guys will lobby to put ICN on Bittifinex and Poloniex, no Whales will want to trade on low volume exchanges

Poloniex is the right place to catch of the big investors it have more bigger whales, it will bring positive result if ICN will get listed to that exchange, I am also still holding my token there and very hopeful for brighter future.

[electronicash]

The first scamcoin shitcoin that kraken added on its exchange , awesome.             
I guess kraken loves ethereum's token.                         

that's right and people like it and will keep it for good.
just like how wavesters patiently waits for the fukllnodes, i guess the rest of the ICN investors will also wait for the ICONOMI.index and ICONOMI.performance.

[Wall-Street]

https://medium.com/iconominet/sneak-preview-of-work-in-progress-58362a73ce21#.j9df52hp0   

Amazing progress!

ICONOMI is really going to take the worlds of Crypto and Finance by surprise.

[achtungbabe]

https://i.imgur.com/UhSjHuv.png

> answer will come next year. when first payouts happen

GREAT, I knew I should have never trusted dumb slavs with my money, 30% down in the first two days, and a push back in promises.
FUCK!

[honolulumark]

> answer will come next year. when first payouts happen

GREAT, I knew I should have never trusted dumb slavs with my money, 30% down in the first two days, and a push back in promises.
FUCK!

shit, is this tweet real?