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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253578 times)
Sm00kew
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January 12, 2017, 11:28:10 AM
 #21061

Anyone who is trading icn/btc pair on kraken please send them request for icn/usd and icn/eur market. With a little push from community we could achieve this.

❘|❘ ICONOMI  Fund Management Platform
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MadGamer
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January 12, 2017, 11:41:15 AM
 #21062

Its being long time since I didn't read news about the project , I checked both the /r/ICONOMI and their Medium blog and I can't find anything as well. I know the launch has been delayed but did they give any estimated date ? and are we able to get the early access or not yet because last time I asked for one through the Google Forms Page but never received it while Jani said that we should receive one in the email.
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January 12, 2017, 12:07:37 PM
 #21063

ICN,when will be listed on other platforms?

The team decided to hide under NDA, and has been keeping quite on the issue. Someone like me can't trade on kraken and the volume of liqui is very low
If you are looking to sell your ICN,you can use appropriate section of this forum.
I am sure there are many buyers for ICN like me on this forum Smiley
specturul
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January 12, 2017, 12:17:39 PM
 #21064

Anyone who is trading icn/btc pair on kraken please send them request for icn/usd and icn/eur market. With a little push from community we could achieve this.

Ability to trade fiat pairs will on other markets, which undoubtedly will add ICN. I think it will be Polo and Bitfinex.

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Sm00kew
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January 12, 2017, 12:21:14 PM
 #21065

Anyone who is trading icn/btc pair on kraken please send them request for icn/usd and icn/eur market. With a little push from community we could achieve this.

Ability to trade fiat pairs will on other markets, which undoubtedly will add ICN. I think it will be Polo and Bitfinex.
Poloniex  don't offer fiat trading, only tether which is not real fiat.

❘|❘ ICONOMI  Fund Management Platform
Mushrooms
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January 12, 2017, 12:27:19 PM
 #21066

When should we expect first dividends? I want to buy more tokens one day before .. Roll Eyes
Nachbar90
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January 12, 2017, 12:34:26 PM
 #21067

When should we expect first dividends? I want to buy more tokens one day before .. Roll Eyes

Once the dividends are getting payed, you won´t see ICN at this low prices anymore so do your self a favour and buy better now instead of right before they are payed

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mpunisher
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January 12, 2017, 12:45:04 PM
 #21068

BACK TO 0.0004  Kiss Kiss
pind919
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January 12, 2017, 01:12:30 PM
Last edit: January 12, 2017, 01:56:24 PM by pind919
 #21069

Kraken support not working!! Was trying to submit ticket request about adding USD/ICN & EUR/ICN and page dont work.


Can someone try out?

thank you


EDITED ---->  it is working now


I have Submit ticket to Kraken to add new pairs USD/ICN and EUR/ICN.
B!gSmoke
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January 12, 2017, 01:40:32 PM
 #21070


Can someone explain ICONOMI to me?  I understand it's kinda like a hedge fund for crypto but what does the coin (ICN) have to do with it?

Did you read FAQs? If yes then you can read more here: https://medium.com/iconominet

After reading this your questions should be answered. If not come back and I will help you as good as I can.

So I read all the facts carefully and I believe I understand is mostly now.  The ICN coins is shares in the ICONOMI product its self.  So when dividends are paid out (in Ethereum) it's being paid based on how the funds are doing.  Buying the ICN coin is different then buying into the ICONOMI.PERFORMANCE which is a diversified fund that is in it's self not a crypto but an actual share that will be traded on real exchanges?  So by buying ICN now I am buying into the possibility ICONOMI will succeed?

And later once ICONOMI.PERFORMANCE launches would it be more profitable to hold my ICN coin or to invest in the fund it's self?

How is my understanding?

Quote
The ICN coins is shares in the ICONOMI product its self.

No, ICNs are shares of the ICONOMI company itself and where public offered back at their ICO back in September. ICONOMI includes ICNX, ICNP funds and OFM-Platform. ICN holders will receive dividends in form of ETH if ICONOMI makes profit from on of these. Dividends will be paid out weekly. To receive dividends you need to hold at least 42 ICNs and hold the private key for that wallet.

Quote
So when dividends are paid out (in Ethereum) it's being paid based on how the funds are doing.

That's correct.

Quote
Buying the ICN coin is different then buying into the ICONOMI.PERFORMANCE which is a diversified fund that is in itself not a crypto but an actual share that will be traded on real exchanges?

You are right about that ICNP (ICONOMI Performance Fund) it's a diversified fund but this fund is all about investing in new crypto ICOs. Half of the money which was raised during ICO (~5.7Million) are lying in it and they will invest some of their/our money in different ICOs for example Golem which they invested 5000 ETH in. ATM you can't buy in into ICNP at least they run out of money. ICNP is not likely to be traded on exchanges because you can't invest in it.

ICNX is an index fund where you will be able to buy in once OFM.-Platform is launched. It's like and index fund in the old economy. Low risk - hopefully not low rewarded Cheesy


Quote
So by buying ICN now I am buying into the possibility ICONOMI will succeed?

Yes, that's right. IMO it's most likely that they will succeed (if they don't mess things up) because they aren't reinventing the wheel. If you have a look at fund managers in the old economy mostly have funds worth more than 100 millions of dollars. So if you say ICONOMI is trying to bring this money to crypto you can easily get a feeling where this could be going to be.

I hope I could make things clearer and help you to get a better feeling about ICONOMI. If there are any questions left just post it, I'm glad to help you out.
Dewi08
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January 12, 2017, 01:58:58 PM
 #21071

ICN,when will be listed on other platforms?

The team decided to hide under NDA, and has been keeping quite on the issue. Someone like me can't trade on kraken and the volume of liqui is very low
If you are looking to sell your ICN,you can use appropriate section of this forum.
I am sure there are many buyers for ICN like me on this forum Smiley
Whether to use the third person, that is better for sales in this forum ..
enhu
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January 12, 2017, 01:59:20 PM
 #21072

Kraken support not working!! Was trying to submit ticket request about adding USD/ICN & EUR/ICN and page dont work.


Can someone try out?

thank you

is submitting really going to work? i think there are a lot of us already have submitted it.  

When should we expect first dividends? I want to buy more tokens one day before .. Roll Eyes

why don't you start buying this time before the price rise.

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WoJJ78
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January 12, 2017, 02:31:34 PM
 #21073

0.0004  Smiley

Price is growing again! Can't wait for the announcement.  Cool
Dewi08
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January 12, 2017, 02:40:31 PM
 #21074

0.0004  Smiley

Price is growing again! Can't wait for the announcement.  Cool
Whether it's the price of ICN now ??
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January 12, 2017, 02:43:17 PM
 #21075

0.0004  Smiley

Price is growing again! Can't wait for the announcement.  Cool
Whether it's the price of ICN now ??

0.30$ per
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January 12, 2017, 03:00:49 PM
 #21076

$.30 each is nice but with the announcement maybe we can hit $.50 and with the actual launch $1 each. Either way this has already turned out to be my best investment by far in 2016, besides BTC of course.

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susila_bai
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January 12, 2017, 03:24:02 PM
 #21077

$.30 each is nice but with the announcement maybe we can hit $.50 and with the actual launch $1 each. Either way this has already turned out to be my best investment by far in 2016, besides BTC of course.

Every thing is nice to hear and write but until it does not come to reality it will be always pump and dump in the market, last time it was given 28th dec 2016 for the launch of index fund and now all of them are expecting coming few days and on that basis it is getting pump if one news of it is getting more delay and back we will be seeing the price of 28k hitting it.
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January 12, 2017, 03:31:52 PM
 #21078

I did regret at some point when i tried to sell mine during the first days of ICN. but then the BTC I got was also invested on monero to which I have earned 60% of my investment. Now I'm starting roll these money to trade well in crypto, I think I'm starting to learn well in trading and hope to learn good with ICN as well.

I have bought back my ICN recently and will make a good timing one again, hopefully if its going to be red for maybe 2%.

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January 12, 2017, 03:35:49 PM
 #21079

We hit .0004!


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WoJJ78
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January 12, 2017, 04:06:18 PM
 #21080

$.30 each is nice but with the announcement maybe we can hit $.50 and with the actual launch $1 each. Either way this has already turned out to be my best investment by far in 2016, besides BTC of course.

Same. I think the price of ICN will keep growing until the announcement, after that there will be a small correction and then it will go up to $.80 - $1.

People will be sad when they sell their ICN for cheap.
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