[ANN] ICONOMI - Fund Management Platform

[MalReynolds]

(https://medium.com/iconominet/iconomi-ico-token-share-calculation-finalised-9747e69d496d#.fsd2e7es3)

"TOTAL AMOUNT RAISED (official number):
10,682,516.42 USD"

That amount of USD bought 85M tokens.

The AVERAGE price per ICN over ALL FIVE CURRENCIES COLLECTED is 10,682,516.42 / 85,000,000 = 0.125676663 = 0.1257 USD per ICN.

THAT'S where I got the price 0.1257 USD per ICN.

Everyone who bought in with BTC and/or FIAT paid ~0.1331 USD per ICN. So we have to consider THIS number and not the average number to calculate the % of ICN value fluctuation.
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You calculate it the way you choose with whatever subset of currencies you want.  I'll use the official ICONOMI total amount raised number and stick with 0.1257 USD per ICN as the official ICO final price.

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[bitarri]

They just had an update...  and a sneak preview of the platform, and beta testing signups!!!
https://medium.com/iconominet/sneak-preview-of-work-in-progress-58362a73ce21#.z79z1vht0


Sign up for early access to help beta test the OFM platform here:
if you have any alpha or beta testing experience and can properly file a git it would help dev all the faster.
https://goo.gl/forms/YkJCd1URIDlG8KHs1

..."No updates on progress" is just totally wrong.

The new platform looks amazing!

Looking forward to see that $12 ICN 

Indeed, very good things brewing for Iconomi... and I agree... $12 ICN is a definite possibility within the coming months.
It wouldn't surprise me to see Kraken join teams and merge with Iconomi. It is the age of acquisitions and mergers.  Kraken sure could use a better platform, and Iconomi would benefit from the Kraken framework and volume.
and a shitload of dough to develop it in hand would be great for both teams..... maybe even just simple site and asset management integration even.

It wouldn't surprise me to see Kraken join teams and merge with Iconomi.

Do you mean that Iconomi will be OFM and an exchange at the same time?

ICONOMI is revealing itself as a much bigger monster than we thought...
This is what I gather from the shared info & sneak preview:

[Wall-Street]

+100000
Smart money is quietly buying.

[sussex]

That's a great way to show what Iconomi is, even Zcash "investors" could understand it...  

It would be good to post it on the OP.

[MrPresident]

Bravo, Excellante'!    I am MrPresident, and I approve this message. 

[someone111]

Do you mean that Iconomi will be OFM and an exchange at the same time?

Well, yes... technically; Iconomi.net is already an exchange.. Eros-ETH.
...and offering a debit card will do the same thing... ETH/ICN/ICNX/ICNP to debit swipe or atm would be an exchange...
The addition of Euro framework would compliment Kraken, while the addition of American framework would strengthen Iconomi.net... or at the very least "partners" of some kind.
and yes the platform is asset management fully exchange-based entry and exit into and out of the managed funds using crypto's, Euros, and hopefully USD in the near future besides just within Kraken.
It wouldn't be a "management platform" if you couldn't "Manage" the assets, right? hehe
and nobody else will be listing the ICNX or ICNP... that will be exclusive to the platform.
It would be all fairly standard to add other trading pairs like ETH-ICN, BTC-ICN, BTC-ETH and other pairs; all of which will help drive the ICN token value up from much of the fees being distributed in dividends.
This is what makes the gathering of ICN tokens a must for me. I love the thought of owning a portion of an asset management platform! Success means a LIFETIME of Dividends.
Also, most people don't realize what happens when you compound your APR and total dividends on a weekly basis, which is what my plans are ofc.  

The way I understand it is that Iconomi, as a platform, has to be able to execute exchange orders - but it is done in the backend, and not provided as a service.
Buying or trading btc or any other cryptos is not the core business of Iconomi.

What do you think they will be doing with the indices? Exactly that! ... Buying, trading btc and other cryptos!
That is exactly what the core of Iconomi is!
...and Iconomi.net is already "an exchange." Fiat to ETH ...CASHILA

And that service is totally broken for weeks now. Cannot buy ETH. Cannot withdraw my fiat.

https://bitcointalk.org/index.php?topic=1481470.0

[shutyourmouth]

https://i.imgur.com/SP0C54V.jpg

That's a great way to show what Iconomi is, even Zcash "investors" could understand it...  

It would be good to post it on the OP.

People should start spamming this on polo and bitt

[Muro]

That's a great way to show what Iconomi is, even Zcash "investors" could understand it...  

It would be good to post it on the OP.

Good information, take note and learn from some of you.

[niall51]

Bravo, Excellante'!    I am MrPresident, and I approve this message. 

OMG i realy have not patience, wish this will be done soon.

[MrPresident]

     oh lighten up, it's election season humor 

[aDAPPter]

That's a great way to show what Iconomi is, even Zcash "investors" could understand it...  

It would be good to post it on the OP.

People should start spamming this on polo and bitt

If ICONOMI manages to bring enough liquidity through their in-house Fiat processor CASHILA.com, Altcoins traders won't need so many current middle men (Coinbase/Circle to Polo/Trex & back to Coinbase/Circle)

ICONOMI could save traders tons of fees & hassle, which could mean the beginning of the end for those Altcoin Exchanges...

You've got a good point there. If I could trade new Alts on Coinbase/GDAX, I would never need to use Polo or Rex.
But I think the bread & butter will come from OFM platform if they can build it to eToro level, the competition among index funds by pro-traders will be fierce:

https://www.etoro.com/discover/people

[kingcrimson]

If only they advertised it that way, with one simple image. we'd be at 100k by now. They need to get better advertisers if a forum user can do better than them.

[ShooterXD]

If only they advertised it that way, with one simple image. we'd be at 100k by now. They need to get better advertisers if a forum user can do better than them.

We need more time. Until people realize the real potential im ICONOMI, we can keep buying more cheap ICN

[sussex]

Should add the debit card / atm angle too.

Also, I'd tweet the image if I did Twitter... maybe someone else can? I'm sure it would get picked up...

[stormia]

If only they advertised it that way, with one simple image. we'd be at 100k by now. They need to get better advertisers if a forum user can do better than them.

We need more time. Until people realize the real potential im ICONOMI, we can keep buying more cheap ICN

Yeah, and I don't think it makes much sense for them to spend time/money on advertising the future ICN features until they have the features ready- or at least know when they will be ready- for release. It is evident in the ~10 million USD crowdsale that they did a good enough job selling just the idea itself. Now they need to focus on finishing the product before they begin worrying about advertising again.

[sussex]

Yeah, and I don't think it makes much sense for them to spend time/money on advertising the future ICN features until they have the features ready- or at least know when they will be ready- for release. It is evident in the ~10 million USD crowdsale that they did a good enough job selling just the idea itself. Now they need to focus on finishing the product before they begin worrying about advertising again.

Lisk, Maidsafe, and Waves are all in the pre-release stage and all have a higher market cap than ICN.

Promotion is important now, it pretty much promotes itself when it's all up and running.

[MGM]

Looks like ICONOMI team was on vacation this Monday & Tuesday due to public holidays in Slovenia Oct 31 & Nov 01, but we should have some updates from them soon.

[KyLins]

When to join the poloniex network

[sussex]

When to join the poloniex network

[kicauklaten]

That's a great way to show what Iconomi is, even Zcash "investors" could understand it...  

It would be good to post it on the OP.

can't waiting ICN in ploniex or bittrex