[ANN] ICONOMI - Fund Management Platform

[Das]

This is not single developer project. Consider all the expenses that we'll have to face for legislation. To connect old economy with crypto this will be inevetable.

Exactly what will be inevitable... to lose money the same way DAO lost money?

[1713510800]

1713510800

[ICONOMI]

If you guys use the same email for creating account to buy in ICO and same name in facebook and twitter, I'd say the bounty team should accumulate the rewards on ICO balance.

That is correct. You'll be able to accumate rewards to any account.

[ICONOMI]

...
3. Tokens that pay dividends!
...

Most POS coins pay %of share per year without risk of trading,
Supernodes pay for supernode , minig shares for minnig.

There is a difference between dividends and POS.

There will be 100m ICN tokens forever. When you do POS number of tokens grow.

[jacaf01]

This is not single developer project. Consider all the expenses that we'll have to face for legislation. To connect old economy with crypto this will be inevetable.

Exactly what will be inevitable... to lose money the same way DAO lost money?

No, don't quote him wrong, He's trying to enlighten us on the task of ICONOMI project

[ICONOMI]

I just name few have you heard of :
https://bitplastic.com
https://www.shiftpayments.com/card  <- i am sure is working
i can find more cards (this is not really revolution)

PS: Don't panic when bounty that mean about >1 000 000 ICO will hit market to cash out free money

The point with card is 24/7 instant liquidity of assets. When you talk with people from old economy you realise how big pain liquidity of old economy assets is.

[tomkat]

...
3. Tokens that pay dividends!
...

Most POS coins pay %of share per year without risk of trading,
Supernodes pay for supernode , minig shares for minnig.

There is a difference between dividends and POS.

There will be 100m ICN tokens forever. When you do POS number of tokens grow.

Selecting Ethereum as your token's platform instead of running your own network was smart, taking into account your operating needs.
However, you seem to be too optimistic about ETH itself (see quotes from your whitepaper below)
-security and predictability - don't forget the DAO (security), and hardfork (predictability) - obviously the DAO wasn't directly ETH's fault, but the idea of smart contracts on Ethereum platform seems to be quite complex even for experienced developers. And the HF for bailout, and not for any technical resolution, is just clear econo-politics.
-use of robust and well- supported clients - working with Mist is not that robust for an ordinary user
-high liquidity - ETH is liquid indeed but what will be your advantage from this?
-Ethereum smart contracts enable a very transparent and secure way of profitsharing among the token holders - no thank you, the word "secure" is so improper here

[open82buy]

...
Since Waves is mentioned quite few times. I wonder if they did as transparent job as us, if they didn't dump their own coins on the market? And most importantly: does Waves bring added value? Or is more like a garage type of project that happened to do really well during ICO?

Lets be honest "blockchain" solutions on market is a lot not many are proven like successful like old one NXT NEM Counterparty those coins were driven by some vision not by getting BIG ICO to develop. Waves for me is was 2nd chance for ETH train and amy got on that boat. Waves are not done but they slow development and constant delays put shadow on project.
Today nothing adds to waves value than promise of good future.

...Or is more like a garage type of project that happened to do really well during ICO?

to take shots we need wait 1year or 2years of development takes time but this project can be excellent self paid job for developers for +20 years
They have spend on development about 100k $ from 16m$ (this is not bad way to live you know for their dev)
...
while ICONOMI price as shares will be driven mostly by payed dividend and revenue performance

I brought into Waves but then when there were delays, and the Dev did a Tweet announcing a new date, as if he was ahead of schedule!! I could see that he had the wrong attitude and temperament to be able to take the community with him. So when the coins were released I sold all of them straight away and others did the same.
With Lisk I am holding long term as it has a good Dev that has a clear road-map with excellent communication skills, so as to take the community with him, because without them no project or coin could survive. 

ICONOMI is another project that you / we will hopefully  "hodl" long term. ^_^

[BossMacko]

Just because a project  raises a shit load of BTC/cash does not automatically mean that it will be a massive success and make you a fucking millionaire overnight.....

Recent examples: DAO and Waves.

I seem to remember the Waves Shills talking about lambos in about every other post.....

True but a project that has a lot of raised Bitcoin or Cash has a lot of potential. It just mean that lots of people are supporting this project and they know that someday they will be rewarded. Anyway investing is a risk and every investor here knows it. They / We just have the feeling that this project will become successful.

[ICONOMI]

I'm seeing a lot of the same sort of blind "wow, lots of money raised, awesome! sending more without question!" rhetoric in this thread which reminds me of the DAO

Everyone should read this reddit post before sending any more money:

https://www.reddit.com/r/ethtrader/comments/510042/is_iconomi_doing_right_by_its_investors/d79erq6

Seriously.  The number of white knights peddling hopium in this thread is astounding.  Everyone needs to get a grip and understand success doesn't mean fistfulls of cash thrown at a project for FOMO.  That's rube mentality.

It's everyone's job to hold ICONOMI accountable and ask them the hard questions and demand answers, like the fellow in the comment you linked... who was snubbed.  If one person starts criticizing another  for having skepticism and critical thinking, be suspicious of their intent.

Switching to content first:

WHITEPAPERS
https://www.iconomi.net/ICONOMI_Whitepaper.pdf
https://www.iconomi.net/CoinFundsWhitepaper.pdf

FAQ:
https://ico.iconomi.net/faq

BLOG:
https://medium.com/iconominet

[ICONOMI]

Just because a project  raises a shit load of BTC/cash does not automatically mean that it will be a massive success and make you a fucking millionaire overnight.....

Recent examples: DAO and Waves.

I seem to remember the Waves Shills talking about lambos in about every other post.....

Well, we went to Cologne and were sleeping here. Not sure if we're in Lambo category.

http://www.booking.com/hotel/de/hostel-maxim.de.html

https://twitter.com/iconominet/status/772913372861984768

http://imgur.com/a/ezQaO

[XbladeX]

...
There will be 100m ICN tokens forever. When you do POS number of tokens grow.

same goes to ICN tokes that you cant promise constant $ as revenue once can be higher one lower same like with POS coins jump or down.
Difrence is that ICN privide %of skills behind devs while %in POS is in code

[ICONOMI]

ICONOMI,
I see you are working in signature bonty goole sheet just now. https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit
But why are you count week as 8 days?
For example, you have 3 weeks in table   1.9.-8.9.   9.9.-16.9.   17.9. - 24.9.
But 7*3=21? and you have 24 (from 1.09 to 24.09)

Tnx. You are right. That is the reason why we were correcting it yesterday, when you noticed it

[larsson]

Great. ICOs these days.

[ICONOMI]

...
There will be 100m ICN tokens forever. When you do POS number of tokens grow.

same goes to ICN tokes that you cant promise constant $ as revenue once can be higher one lower same like with POS coins jump or down.
Difrence is that ICN privide %of skills behind devs while %in POS is in code

Number of tokens is in code. But value of tokens relies on skills as well. If there is no added value in a POS token, market cap goes down, and your tokens are worth less.

[Mrmoney2]

Great. ICOs these days.

Not every ICO is good!
Since the big success of LISK we can see many ICOS
I think some are good but some are also a scam attempt.
U have to do ur research and take ur own risk couse always there is a risk.
In the other hand I can see this ICO will success like lisk did.

[XbladeX]

...
ICONOMI is another project that you / we will hopefully  "hodl" long term. ^_^

...

Only one non long therm project now is :
-RUN scam ICO with fake escrow (play good dev till end) and run away

****
Or keep BTC to cash out in FIAT soon on bubble
***

You can jump ICOs till find scam one and -100%

[BitBanksy]

Exactly what will be inevitable... to lose money the same way DAO lost money?

Why should they... The DAO was a broken and unaudited code that led millions to be lost....

ICONOMI will only use the Ethereum blockchain to issue tokens and distribute dividends on a weekly basis. A fairly simple job that doesn't require huge amount of coding. If you need a simple example on how this will work, have a look to coinprism.com: tokens stored on the Bitcoin blockchain... it's exactly the same principle.

Besides, none of the cold wallets used for the ICO are interconnected, thus nullifying any possibility of hack similar to the DOA.

[ahmedjadoon]

It has been 3 days since you last reviewed(accepted/rejected) the blogs for bounties

[casinobonusgiveaway]

ICONOMI,
I see you are working in signature bonty goole sheet just now. https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit
But why are you count week as 8 days?
For example, you have 3 weeks in table   1.9.-8.9.   9.9.-16.9.   17.9. - 24.9.
But 7*3=21? and you have 24 (from 1.09 to 24.09)

You guys modified it? Please, I find it is still wrong on the list of sig campaigners.

1.9. - 8.9.  Count with your fingers, OP, 1,2,3,4,5,6,7,8, there are 8 days, not 7 days.   

[btvGainer]

ICONOMI,
I see you are working in signature bonty goole sheet just now. https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit
But why are you count week as 8 days?
For example, you have 3 weeks in table   1.9.-8.9.   9.9.-16.9.   17.9. - 24.9.
But 7*3=21? and you have 24 (from 1.09 to 24.09)

You guys modified it? Please, I find it is still wrong on the list of sig campaigners.

1.9. - 8.9.  Count with your fingers, OP, 1,2,3,4,5,6,7,8, there are 8 days, not 7 days.   

Is your campaign still open for new participants? your btc campaign is running,is your other campaign also running?