[ANN] ICONOMI - Fund Management Platform

[MrPresident]

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[Marvintymo]

Let's talk about ICONOMI dividends.

First, some facts.  The ICONOMI ICO ended on Sept 29.  On that day, Bitcoin was worth 605 USD / BTC.   ICONOMI closed their ICO with $10,682,516 in crowdfunding.  So they got 10,682,516 / 605 = 17,657 BTC equivalent.  That investment paid for 85,000,000 ICN tokens.  So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each.

The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund.  ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M.

There are also supposed to be numerous other dividend income streams from fees, etc.  We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP.

Here's the key question: What dividends must ICNP yield to be considered a success?  

My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange.  The top dividend yield of any NASDAQ stock is 23% from OXLC.  Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%.  If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed...



So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?"

Well, that's just straight algebra.

(0.2) * (2017 ICNP Profit) = (0.23) * $10.68M

2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M

So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M.

That's a 3.7X multiplier.

BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.  

Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.

(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!)

Nice post and a lot of information for thinking. Thanks a lot for it.

Just for fun, check out this video I made about ICONOMI - https://animoto.com/play/wcLv6hRMKJewsY6NNAJ6Ew

[romeorickl64]

Let's talk about ICONOMI dividends.

First, some facts.  The ICONOMI ICO ended on Sept 29.  On that day, Bitcoin was worth 605 USD / BTC.   ICONOMI closed their ICO with $10,682,516 in crowdfunding.  So they got 10,682,516 / 605 = 17,657 BTC equivalent.  That investment paid for 85,000,000 ICN tokens.  So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each.

The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund.  ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M.

There are also supposed to be numerous other dividend income streams from fees, etc.  We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP.

Here's the key question: What dividends must ICNP yield to be considered a success?  

My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange.  The top dividend yield of any NASDAQ stock is 23% from OXLC.  Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%.  If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed...



So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?"

Well, that's just straight algebra.

(0.2) * (2017 ICNP Profit) = (0.23) * $10.68M

2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M

So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M.

That's a 3.7X multiplier.

BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.  

Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.

(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!)

Nice post and a lot of information for thinking. Thanks a lot for it.

Just for fun, check out this video I made about ICONOMI - https://animoto.com/play/wcLv6hRMKJewsY6NNAJ6Ew

lol,nothing informative.this is only a image slideshow with some text about ICONOMI. my review is -0 for this video 

[MalReynolds]

The situation at Kraken screams FULL HODL to me.

Cruurently at Kraken, it would only take the purchase of 1M ICN for 430BTC = $280K (1 / 40 of ICO expenditures) to put the price of the other 99M ICN at 0.0008, which would be 4X the ICO price.  

My quote above was from yesterday.  The situation has since changed for the better.  

The "1M ICN / 430 BTC / $280K to reach 4X ICO price" is now "766K ICN / 283 BTC / $193K to reach 4X ICO price".  

Investors are buying up ICN at ICO prices, and they are doing it so slowly and quietly that nobody is even noticing that it is happening.  

The purchase of only 0.75% of all ICN right now would put ICN at 4X ICO price!  This token price is on a hair-trigger.  If you want to accumulate, you buy S..L..O..W..L..Y.

You people that are used to the roller coaster swings at Polo have no idea of the different kind of exchange users you are dealing with on Kraken.  

The number of BTC in sales required to get to a 4X multiplier on the original ICN continues to decline....



Just wait til we hit Polo.

[Daparski]

The situation at Kraken screams FULL HODL to me.

Cruurently at Kraken, it would only take the purchase of 1M ICN for 430BTC = $280K (1 / 40 of ICO expenditures) to put the price of the other 99M ICN at 0.0008, which would be 4X the ICO price.  

My quote above was from yesterday.  The situation has since changed for the better.  

The "1M ICN / 430 BTC / $280K to reach 4X ICO price" is now "766K ICN / 283 BTC / $193K to reach 4X ICO price".  

Investors are buying up ICN at ICO prices, and they are doing it so slowly and quietly that nobody is even noticing that it is happening.  

The purchase of only 0.75% of all ICN right now would put ICN at 4X ICO price!  This token price is on a hair-trigger.  If you want to accumulate, you buy S..L..O..W..L..Y.

You people that are used to the roller coaster swings at Polo have no idea of the different kind of exchange users you are dealing with on Kraken.  

The number of BTC in sales required to get to a 4X multiplier on the original ICN continues to decline....



Just wait til we hit Polo.

You seem like a very smart and reasonable man. Why would you want to sell as low as 4x?
 

[Daparski]

Zcash fell quick from top 5 volumes on Poloniex.

So much BTC on Poloniex right now after last week's Alts sell-off.

Perfect storm is brewing for ICONOMI to go above 0.00100

zcash is gonna be one of the 2 biggest flops that crypto had ever seen

[Wall-Street]

...

You seem like a very smart and reasonable man. Why would you want to sell as low as 4x?
 

He didn't say he wants to sell at x4, he just showed that reaching x4 has became easier since less people are selling on Kraken.

Anyone selling before ICONOMI is in the top 3 market caps, will not get the most of his ICONOMI investment.

[Daparski]

I have done questions, can you answer it

One) Do you mean we would reach ROI within an year?

Two) Iconomi team hasn't converted the currencies collected in ICO,.
         So they have total 10.7 (aprox) million out off which 10k btc would be reserved for development.
         So for the performance fund they have 10,700,000 - 10,000*710 = $3,600,000
Am i right?

One) Return on Investment (ROI) will occur weekly starting January 2017 for ICNP.  I think.  How much ROI we get depends on how much ICNP profit there is.  Nobody can predict that.  From my calculation above, if ICONOMI grows ICNP by 2.7X during 2017, we will get a 15% dividend return in 2017 on our original ICO payment.   If ICONOMI grows ICNP by 3.7X during 2017, we will get a 23% dividend return in 2017 on our original ICO payment.   If these targets are hit, ICONOMI will be a very, very solid dividend investment by Wall Street standards.   And this does not include the ICN tokens you hold going up in price themselves on the exchanges as you earn dividends from them.  It also does not include dividends from fees gathered by ICONOMI from other funds using their platform to reach fiat investors.

Two) ICNP is originally funded from around 7657 BTC gathered during ICO.  At the end of ICO on Sept 29, Bitcoin was at 605 USD per BTC so the value of ICNP was 7657 * 605 = $4.6M.  Over the past month Bitcoin has appreciated from 605 USD per BTC on Sept 29 to 707 USD per BTC today on Oct 31.  The value of ICNP today is thus 7657 * 707 = $5.4M today.  So the value of ICNP is up by $800K in a month due only to Bitcoin appreciation.

about ICO funds collected - I think it is very good thing that 1/3 of ICO money was collected in fiat. That way they will have toilet paper ($ and euro) to burn for daily operation costs.

[Daparski]

...

You seem like a very smart and reasonable man. Why would you want to sell as low as 4x?
 

He didn't say he wants to sell at x4, he just showed that reaching x4 has became easier since less people are selling on Kraken.

I know, I was just fooling around
that's why the 

[szafa]

Stel no cant deposit icn in ico iconomi net,why cant ?

[Daparski]

I want some dividends, where are my dividends man more than a week and no dividends?

You didn't get yours yet? 
I'm at the Lambo dealer right now spending mines.
Owait, that was a dream.
Dividends will be happening by Q1

I thought you were more the Tesla type

[Daparski]

Stel no cant deposit icn in ico iconomi net,why cant ?

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

[ruletheworld]

...

You seem like a very smart and reasonable man. Why would you want to sell as low as 4x?
 

He didn't say he wants to sell at x4, he just showed that reaching x4 has became easier since less people are selling on Kraken.

Anyone selling before ICONOMI is in the top 3 market caps, will not get the most of his ICONOMI investment.

The thing is, it doesn't even need to be in the top 3 to get returns higher than the top 3. Remember the market capitalization is based on price, therefore capital appreciation, and not dividends therefore income. It is conceivable that the income component of the return is much higher than the capital appreciation. We won't know until the markets open of course. ICONOMI is a different type of crypto than the ones we're used to until now.

[snkns]

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.

[Daparski]

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.

The US SEC can't just reach out and shut down Kraken

Can you explain it? Since both are located in USA

Also, care to explain how Kraken is less regulated than Polo?

[mtnsaa]

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.

You may have a point but really, they list ZEC and ETC in a second...they should be under investigation already but not because of Iconomi. And I think you are confusing ICN tokens with funds since basically buying tokens should not be that different than buying Augur/REP for example (and gambling is illegal in the US too...).

No regarding the index and performance funds, that's another story.

[chris_nor]

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.

Do you think it will hit Bittrex?

[CoconutMojito]

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

Kinda funny how New Hampshire's motto is Live Free or Die.   

[ruletheworld]

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.  

[szachta]

Iconomi is more familiar than repo.