ICONOMI (OP)
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September 04, 2016, 07:01:51 PM |
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This project sounds very promising, I must admit that I think to invest however is any amount accepted, or is there any min. amount that I should invest? I am not that experienced and it will be my first investment in my life, please give me some advices .
From the balance on the website I think the minimum investment is 0.000X (at least this will be shown) @ICONOMI I should learn something new, when I firstly invested I was expected to receive 1150 ICN. Now I realize that I will receive 419, what does this mean, more investors less coins being distributed to the investors right? That means more investors, less tokens, and more value. Yes but people are right. They have a fixed amount of shares. It should've been a percentage for the team, not a fixed amount. Yes the value per token goes up but we get less and less tokens, meaning just our initial investment amount, whether it be 10,000 at a $1 or 1 for $10,000. As the investment amount increases, all it does is slash our market growth potential and put big money into the fixed share amount that the team will receive. The team members and the ones contributing to the sucess of ICONOMI should be motivated with fixed amount of tokens. If each team member receives a fixed amount in let's say USD denominated value, then they receive same amount if they do lousy job or if they have to pull an allnighter to finish some things on time. Guess what happens with state employees that make fixed amount of money regardless of their performance. Besides that. I would like to say it again. We'll publish all addresses of team members and number of tokens for each one of us. And we'll oblidge ourselves not to sell anything before 6 months passes after ICN are out and live. That way, you can be sure team will be motivated to deliver added value, because ICN will be worth more and there won't be any selling before 6 months period. Using a percentage rather than a fixed amount, they are still motivated to do good because more money raised, more money per token for them. Bottom line is they are getting the tokens for free, and us investors are giving that token value. But a fixed token while ours diminish I'm sorry is very rip off. Even if they don't dump for 6 months, even better for them, let the market grow it further....you really need a percentage based share amount. Fixed amount of 15m ICN tokens is exactly the same as if we would define that we get 15% of 100m ICN tokens. And do you really wanna have people running huge operation when they are motivated with nothing? Think of how well Singaporean government model is compared to some shitty governmental ones. Prime minister of Singapore makes ~1.7m USD per year. That was, he is not motivated to be playing any tricks. Believe it or not. This also serves to protect investors. Edit: or look at thedao example. Slock.it didn't took anything for thedao. and then 2 weeks after dao is out they make a security proposal for 1.5m USD. that's just not hygienic.
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eye4bd
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September 04, 2016, 07:51:20 PM |
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Hi I'm little a bit late read this awesome post from @iconomi published on medium. Especially, the fund.index and investors debit card idea are worth inclusion. I think the latest vission to achieve 21,000 btc also possible! Thanks!
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reb0rn21
Legendary
Online
Activity: 1901
Merit: 1024
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September 04, 2016, 08:15:37 PM |
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I must say the investment for this project is huge, clear its not just one more ICO coin with copy/paste idea with no clear goal what it try to achieve Being a platform for new capital is what is most needed in crypto world, sure some geek investors already found a way to invest alone, but they number are just a few, most as like 99% of classic investors even if they read about Bitcoin and blockchain they don`t understand it all, they are used for someone as their bank adviser or private entity to tell them what they should invest
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MrPresident
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September 04, 2016, 08:35:34 PM Last edit: September 04, 2016, 09:22:07 PM by MrPresident |
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ICONOMI; In a post a page back you stated "You will be receiving a dividend in return from realised profits (for as long as we have ICO money, all of profits will be given as dividends)." So if I'm reading this right, hypothetically; if you use up the ico funds a month after launch, then token holders no longer get dividends? You also stated that you plan on using a portion of ICO funds toward the performance fund. Looking at the team, you already have 9 regular team members and 5 advisors before even starting on a development team. It sounds totally likely that ICO funds could be used up quickly... could you please clarify? I mean, with all this, it looks like the dividends won't be around long.
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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Free_Crypto
Newbie
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Activity: 28
Merit: 0
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September 04, 2016, 09:21:50 PM |
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ICONOMI; In a post a page back you stated "You will be receiving a dividend in return from realised profits (for as long as we have ICO money, all of profits will be given as dividends)." So if I'm reading this right, hypothetically; if you use up the ico funds a month after launch, then token holders no longer get dividends? You also stated that you plan on using a portion of ICO funds toward the performance fund. Looking at the team, you already have 9 regular team members and 5 advisors before even starting on a development team. It sounds totally likely that ICO funds could be used up quickly... could you please clarify?
Devs said that minimal amount of time will be near 6 month... but it was when ico sum =2000 btc
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MrPresident
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September 04, 2016, 09:24:31 PM |
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ICONOMI; edited
Devs said that minimal amount of time will be near 6 month... but it was when ico sum =2000 btc Damn; the dividends are the most attractive feature... It would be advantageous to make it permanent.
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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Pap0u
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September 04, 2016, 09:24:36 PM |
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This will either be a great success or an epic fail lol. It's a 50/50 gamble
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MrPresident
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September 04, 2016, 09:29:50 PM Last edit: September 04, 2016, 09:44:22 PM by MrPresident |
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This will either be a great success or an epic fail lol. It's a 50/50 gamble
Hehe, you can't be serious; we're talking about an Ethereum sidechain here backed by an established, fully licenced MSB.
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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nasituygun
Legendary
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Activity: 952
Merit: 1006
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September 04, 2016, 09:44:00 PM |
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I must say the investment for this project is huge, clear its not just one more ICO coin with copy/paste idea with no clear goal what it try to achieve Being a platform for new capital is what is most needed in crypto world, sure some geek investors already found a way to invest alone, but they number are just a few, most as like 99% of classic investors even if they read about Bitcoin and blockchain they don`t understand it all, they are used for someone as their bank adviser or private entity to tell them what they should invest
But keep in mind that the btc invested doesn't indicate it is either a safe, real project or that it has actual investors. The problem with all ICOs are, for all we know, the devs might have send half of the btc to themselves and getting free coins in return.
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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September 04, 2016, 10:04:52 PM |
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If that is all about crypto that would be interesting but nowdays we at edge with financial systems ICONOMI can be success story but also epic fail if their company will be connected with failing bank then all people investments will go to air with bank. Most reason for me in crypto is to go out of bank if it possible gold silver BTC so there is possibility that even BTC and all crypto will go up ICOMI will fall with some bank - with good economy i would not afraid but we are at thick ice guys. There is never something like "safe" investment and ICOMI is quite good project and original one of course it looks like ponzi but in ponzi all 1st movers wins for sure rest not really just for speculation is worth to give it shot . If ICOMI will use good bank it can go 100x easy when banking system will start collapsing and it can be good window of opportunity.
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Request / 26th September / 2022 APP-06-22-4587
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PacePay
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September 04, 2016, 11:10:17 PM |
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Hi I'm little a bit late read this awesome post from @iconomi published on medium. Especially, the fund.index and investors debit card idea are worth inclusion. I think the latest vission to achieve 21,000 btc also possible! Thanks! Will they start to give their own Debit card? I want to know about their debit card, please I need more info or a link where the details are given about that. It wil be better for the investors of ICONOMI.
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BitBanksy
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September 04, 2016, 11:11:22 PM |
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Guess what....
How do we change/update the email address we initially registered during the ICO?
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mammusu
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September 04, 2016, 11:49:36 PM |
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Guess what....
How do we change/update the email address we initially registered during the ICO? you can't do that there no fitures to changer the email address
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ShooterXD
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September 05, 2016, 01:12:53 AM |
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1000% profit is so close now with btc rising up!
+-1000$ per investor.
Nice one!
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Hatuferu
Legendary
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Activity: 1092
Merit: 1000
https://trueflip.io/
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September 05, 2016, 02:25:31 AM |
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1000% profit is so close now with btc rising up!
+-1000$ per investor.
Nice one!
It is indeed, a great timing for the price increase of bitcoin, lucky are those investors who were on board on the first week of the ICO stage. I also invested but unfortunately I was not able to avail of the bonus but regardless as long as I can earn money after the ICO I would be please.
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carlfebz2
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September 05, 2016, 02:29:45 AM |
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1000% profit is so close now with btc rising up!
+-1000$ per investor.
Nice one!
For sure investors would gain sure profits as we all see that bitcoin price is slowly rising now. Lately im a little bit skeptical about the 2k btc on ICO but im really surprised that it reached the goal in no time which means this is a really good coin.
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carlfebz2
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September 05, 2016, 02:31:40 AM |
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Guess what....
How do we change/update the email address we initially registered during the ICO? You cant change it since it been registered already once you used that email then i couldnt be change if you wish to change maybe try contacting the support but i think its impossible for now.
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milewilda
Legendary
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Activity: 3248
Merit: 1155
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September 05, 2016, 02:36:48 AM |
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1000% profit is so close now with btc rising up!
+-1000$ per investor.
Nice one!
It is indeed, a great timing for the price increase of bitcoin, lucky are those investors who were on board on the first week of the ICO stage. I also invested but unfortunately I was not able to avail of the bonus but regardless as long as I can earn money after the ICO I would be please. Luckily i got the bonus from 1st week of ICO which somehow had an assurance of gaining profits in the future as this coin would launched for sure. You are right bitcoin price is rising and also a great timing for this alt.
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milewilda
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Activity: 3248
Merit: 1155
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September 05, 2016, 02:40:57 AM |
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This will either be a great success or an epic fail lol. It's a 50/50 gamble
All investment are gamble but as you can see the development of this coin and its features and a reputable devs then for sure it would be successful have a reference on the ICO period how progressive it was even though the target amount is too bit high but it achieved in no time.
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