[ANN] ICONOMI - Fund Management Platform

[MrPresident]

It's not like you will be able to redeem your ICN tokens for actual shares of Iconomi GmbH which will hold/spend the ico funds.  Therefore, ICN tokens are not representing shares of a company.

sorry, you need to re-read the whitepaper
Iconomi is not GambH, and every token is a share of iconomi.

Keep dreaming, polo and bittrex won't add icn because icn is a share, they don't add a share, it is voilating the US laws

ALL Americans should read this
I like how suddenly peeps become legal experts on the SEC and CFTC without doing any research.
I just happen to have some knowledge on this subject because my family has been in the Banking and Finance industry since the 1800's and I will share some of that knowledge with you now.
Erik Vorhees got fined for selling unregistered securities because he was an American running SatoshiDice gambling within US Borders, and online gambling is what is illegal here, as well as selling un-registered securities for an illegal business residing also within US borders.

As an American, we are allowed to move our assets nearly anywhere, and invest in nearly anything.
A foreign mutual fund or security is considered a Passive Foreign Investment Company (PFIC), or (AFIC Active).
If you are a U.S. citizen and investing your savings through a non-U.S. financial institution, you need to understand FIC rules. The laws of diversification are universal.  Virtually all foreign financial assets that are not being held in a domestic (U.S.) financial institution are subject to numerous reporting requirements. ICN, being fully transparent, and the shares being housed on an open public ledger blockchain fits into that requirement like a glove. Granted, Americans with ownership stakes in foreign entities have complex IRS reporting requirements, and do not qualify for tax-deferral, and cannot be insured by a US insurance entity. If Iconomi were to register with the SEC and list on NYSE, nothing would change there because at the end of the day, they are still an FIC.
With that said, there are no laws written yet that would obstruct Iconomi from collecting US investors, other than a higher tax bracket and no insurance, because by every aspect, they are most certainly a Foreign Investment Company.
I hope that helps clear things up.

[1715091951]

1715091951

[1715091951]

1715091951

[stratisage]

All children here must understand that deciding factors (people who make and take decisions) do not want ICN to be listed and dumped anywhere else except KRAKEN. And it is the most clever decision... as all other made by Iconomi team till now. Strong dev can put coin on exchange. And can prevent a coin to be listed.
 
Meanwhile - some news provided by Jaka Mele:
ICONOMI Cryptocurrencies Index (ICNX) — 27 October 2016 triggered rebalancing

https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-27-october-2016-triggered-rebalancing-fa561d5ba298#.r5wmboqyw

I've been thinking about it! The Dev's are very intelligent to the point of avoiding the most speculation at this time and of course dumpers and bounty hunter trying to take advantage of a fantastic project! Why ICN should be brought to the public if you do not have anything ready?!!! They want to repeat Lisk? That is beginning to deliver something or waves that only promise? Those who are complaining here are the will cry tomorrow!

Iconomi this invisible now! nobody knows about it and is a bad hype. Iconomi need to enter other exchange and get known.

I have 10,682,516.42 reasons to think otherwise...

[bittraffic]

Hello all!!!

I am new here and need a bit of help.


My new Ethereum Wallet in some way or the other doesnt seem to want to send some ICN to Kraken to this adres:

0xf1d98aa89f257a52b46e8273539a300eef2fc593

Why would that be?

Are you trying to send 100% of wallet to Kraken? Some ETH is needed for xfer costs.

I have only ICN in the Wallet. Can that be the problem then?

YES.

YOU NEED TO HAVE SOME ETH IN THAT WALLET TOO CAUSE YOU NEED TO USE SOME ETH TO PAY FOR YOUR TRANSFER

NOW GO GET SOME ETH AND TRY AGAIN.

AHA sorry, didnt know i will do that then THANKS!!!!

You can hold Iconomi in wallet for devident

I will!! The bulk of it is in Iconomi still. Just trying to get the hang of it...............

why do i have to send/buy ether???  i simply want to transfer my icn from the icn-ico page to kraken. i generated a new icn address at kraken, but my icn-token still did not arrived there. why?? it is just a simple deposit/withdraw?!?!? how can i send icn from there ico-page to an exhange without using ether?

Yes That is what i did later. Now I tried to send some more from iconomi to kraken but there seems to be something wrong. 5 hours and it says still sending. hmhm

you need to tell ICONOMI to buy more ETH.

they probably ran out.....

Didnt thnk of that.......

If you send from the ICO dashboard, i think you won't be needing ETH for gas. but was there a blog post that the team had actually approved anyone to send their ICN form the dashboard yet?  Never have i read them said anything about it.

If you had set to send your ICN to your ETH account two weeks ago then i guess you can sent it to Kraken.

[MrPresident]

If you send from the ICO dashboard, i think you won't be needing ETH for gas. but was there a blog post that the team had actually approved anyone to send their ICN form the dashboard yet?  Never have i read them said anything about it.

If you had set to send your ICN to your ETH account two weeks ago then i guess you can sent it to Kraken.

The cost to send out was stated to be 1 ICN...

[Thefrolly]

Hello all!!!

I am new here and need a bit of help.


My new Ethereum Wallet in some way or the other doesnt seem to want to send some ICN to Kraken to this adres:

0xf1d98aa89f257a52b46e8273539a300eef2fc593

Why would that be?

Are you trying to send 100% of wallet to Kraken? Some ETH is needed for xfer costs.

I have only ICN in the Wallet. Can that be the problem then?

YES.

YOU NEED TO HAVE SOME ETH IN THAT WALLET TOO CAUSE YOU NEED TO USE SOME ETH TO PAY FOR YOUR TRANSFER

NOW GO GET SOME ETH AND TRY AGAIN.

AHA sorry, didnt know i will do that then THANKS!!!!

You can hold Iconomi in wallet for devident

I will!! The bulk of it is in Iconomi still. Just trying to get the hang of it...............

why do i have to send/buy ether???  i simply want to transfer my icn from the icn-ico page to kraken. i generated a new icn address at kraken, but my icn-token still did not arrived there. why?? it is just a simple deposit/withdraw?!?!? how can i send icn from there ico-page to an exhange without using ether?

Yes That is what i did later. Now I tried to send some more from iconomi to kraken but there seems to be something wrong. 5 hours and it says still sending. hmhm

you need to tell ICONOMI to buy more ETH.

they probably ran out.....

Didnt thnk of that.......

If you send from the ICO dashboard, i think you won't be needing ETH for gas. but was there a blog post that the team had actually approved anyone to send their ICN form the dashboard yet?  Never have i read them said anything about it.

If you had set to send your ICN to your ETH account two weeks ago then i guess you can sent it to Kraken.

i did send out 1 icn for test and it worked totally fine

[raiblock]

ICN price will up very soon on kraKEN.. people are now buying ICN

[Nachbar90]

There are already ICN´s listed on the sell-side in the 4-10$ range Just a matter of time till the prise rises in that area

So exited what prices the tokens will reach when it really hits the bigger exchanges

Edit: What is wrong with bitcointalk.org? Always down today

[GJRSLO]

Hello all!!!

I am new here and need a bit of help.


My new Ethereum Wallet in some way or the other doesnt seem to want to send some ICN to Kraken to this adres:

0xf1d98aa89f257a52b46e8273539a300eef2fc593

Why would that be?

Are you trying to send 100% of wallet to Kraken? Some ETH is needed for xfer costs.

I have only ICN in the Wallet. Can that be the problem then?

YES.

YOU NEED TO HAVE SOME ETH IN THAT WALLET TOO CAUSE YOU NEED TO USE SOME ETH TO PAY FOR YOUR TRANSFER

NOW GO GET SOME ETH AND TRY AGAIN.

AHA sorry, didnt know i will do that then THANKS!!!!

You can hold Iconomi in wallet for devident

I will!! The bulk of it is in Iconomi still. Just trying to get the hang of it...............

why do i have to send/buy ether???  i simply want to transfer my icn from the icn-ico page to kraken. i generated a new icn address at kraken, but my icn-token still did not arrived there. why?? it is just a simple deposit/withdraw?!?!? how can i send icn from there ico-page to an exhange without using ether?

Yes That is what i did later. Now I tried to send some more from iconomi to kraken but there seems to be something wrong. 5 hours and it says still sending. hmhm

you need to tell ICONOMI to buy more ETH.

they probably ran out.....

Didnt thnk of that.......

If you send from the ICO dashboard, i think you won't be needing ETH for gas. but was there a blog post that the team had actually approved anyone to send their ICN form the dashboard yet?  Never have i read them said anything about it.

If you had set to send your ICN to your ETH account two weeks ago then i guess you can sent it to Kraken.

i did send out 1 icn for test and it worked totally fine

Yesterday it worked perfectly. Today I am waiting 6 hours already to get them.

[MrPresident]

All children here must understand that deciding factors (people who make and take decisions) do not want ICN to be listed and dumped anywhere else except KRAKEN. And it is the most clever decision... as all other made by Iconomi team till now. Strong dev can put coin on exchange. And can prevent a coin to be listed.
 
Meanwhile - some news provided by Jaka Mele:
ICONOMI Cryptocurrencies Index (ICNX) — 27 October 2016 triggered rebalancing

https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-27-october-2016-triggered-rebalancing-fa561d5ba298#.r5wmboqyw

While I would love to agree, only the exchange devs can add a token to the exchange.

[pastapaska]

ICN price will up very soon on kraKEN.. people are now buying ICN

Rally is coming.  

[Nachbar90]

ICN tomorrow ...... poloniex ICN  ;)hop ....

won´t happen until the funds are online I think

[kobilica]

I think bitcointalk is under constant DDOS attack. Maybe ethereum network too which affects ICN. Maybe even ICONOMI is under DDOS attacks but I doubt.

[graff]

nice buy order

[poetra2501]

ICN price will up very soon on kraKEN.. people are now buying ICN

Rally is coming.  

Thats great.. I believe ICN will be Up again to the moon 

[Videodrome]

Any one knows the ICN/ETH price of the ico?

Thanks!

[favdesu]

ICN price will up very soon on kraKEN.. people are now buying ICN

Rally is coming.  

Thats great.. I believe ICN will be Up again to the moon 

how on earth do you read those stats on kraken. it's a pain in the ass

[cryptodv]

ICN tomorrow ...... poloniex ICN  ;)hop ....

Polo probably wants nothing to do with ICN right now 

[MoveCrypto]

It's not like you will be able to redeem your ICN tokens for actual shares of Iconomi GmbH which will hold/spend the ico funds.  Therefore, ICN tokens are not representing shares of a company.

sorry, you need to re-read the whitepaper
Iconomi is not GambH, and every token is a share of iconomi.

Keep dreaming, polo and bittrex won't add icn because icn is a share, they don't add a share, it is voilating the US laws

ALL Americans should read this
I like how suddenly peeps become legal experts on the SEC and CFTC without doing any research.
I just happen to have some knowledge on this subject because my family has been in the Banking and Finance industry since the 1800's and I will share some of that knowledge with you now.
Erik Vorhees got fined for selling unregistered securities because he was an American running SatoshiDice gambling within US Borders, and online gambling is what is illegal here, as well as selling un-registered securities for an illegal business residing also within US borders.

As an American, we are allowed to move our assets nearly anywhere, and invest in nearly anything.
A foreign mutual fund or security is considered a Passive Foreign Investment Company (PFIC), or (AFIC Active).
If you are a U.S. citizen and investing your savings through a non-U.S. financial institution, you need to understand FIC rules. The laws of diversification are universal.  Virtually all foreign financial assets that are not being held in a domestic (U.S.) financial institution are subject to numerous reporting requirements. ICN, being fully transparent, and the shares being housed on an open public ledger blockchain fits into that requirement like a glove. Granted, Americans with ownership stakes in foreign entities have complex IRS reporting requirements, and do not qualify for tax-deferral, and cannot be insured by a US insurance entity. If Iconomi were to register with the SEC and list on NYSE, nothing would change there because at the end of the day, they are still an FIC.
With that said, there are no laws written yet that would obstruct Iconomi from collecting US investors, other than a higher tax bracket and no insurance, because by every aspect, they are most certainly a Foreign Investment Company.
I hope that helps clear things up.

The whitepaper could have had better wording about the legal setup of Iconomi.

https://medium.com/iconominet/legal-part-1-42fa72e1f157#.s3uovogif

Since, as we have concluded, there is no viable option for ICONOMI to mirror its shareholding structure (based on ICN ownership) directly, it is best that the assets of ICONOMI gain legal personality on their own, while true ownership is managed internally.

Our team is already hard at work researching several options for incorporation in different jurisdictions across the globe. I am happy to say that at the moment of my writing, we are strongly favouring Switzerland(4), Liechtenstein, Luxemburg and the Netherlands

The lawyer is saying they are going to use the ico money to setup a GmbH type of company, like Ethereum did.  ICN token holders are not going to have any legal ownership of Iconomi GmbH shares or rights to the assets it controls.

That's why I say ICN tokens are not shares of a company.  Just like how Ethereum ico participants did not get shares of Ethereum Foundation in exchange for their donations.


Someone made a Bitbet about whether ICN will be listed on Bittrex or Poloniex, any takers?
https://bitbet.us/bet/1329/iconomi-listed-on-bittrex-or-poloniex-by-february/

[Ais08]

ICN tomorrow ...... poloniex ICN  ;)hop ....

Polo probably wants nothing to do with ICN right now 

Yes. it is impossible for me refer to ICN exclude sites trade in polo and bittrex, perhaps many sites two trading is good for them and other investors and hunter bounty that already provide advances to ICONOMI, so we'll see how ICONOMI reciprocation for hunters bounty ICONOMI already introduced to the public at large, so they could all take to advantage in their work during this time to ICONOMI ..

[5thangel]

I don't know about you guys, but I Love my big bag of ICN now and fuck those trolls