[ANN] ICONOMI - Fund Management Platform

[BitBanksy]

@ICONOMI will Paypal also be an option for depositing money into your platform? I think that having it could help you reach bigger masses

It's much cheaper to make a SEPA transfer then to use PayPal. Beside, I doubt ICONOMI would take the risk of dealing with unscrupulous scammers who will not hesitate to chargeback once they get their tokens  

[1714653169]

1714653169

[lucky80]

Here you look they do it again and again: https://twitter.com/marcopolo8383
Just a retweet all tweets for once
It isn't fair.

I dont get it sir , retweet can only done once, and you must retweet to get your stake. It think its ok if that account is real human...

[ICONOMI]

is a   Shape Shift disabled ? i am trying for few hours to top up my balance with DGB

ShapeShift is not disabled. I can't see any pending ShapeShift transaction atm.

[ICONOMI]

ICONOMI,

Someone asked this question on Reddit.  Could you provide an answer to this?
 

I am not based in the US, but wouldn't it be necessary for US citizens to be accredited investors in order to be allowed to invest in this project? ICN is clearly not an app token, it has very obvious characteristics of a security, even promising a dividend. Isn't this what makes listing or offering to accredited investors only necessary in the States?

https://www.reddit.com/r/icocrypto/comments/4zuk5h/iconomi_icn/d7a41in

ICONOMI,

I came across another related comment to the above.  It's in reference to the Golem token sale, but same rules would apply to any ICO.

References: https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co http://apps.americanbar.org/buslaw/blt/2005-05-06/forcier.shtml

The Howie Test:

Under the Howey Test, an interest will be classified as a security only if the following three elements are present:

*an investment of money has been made,
*in a common enterprise and
*the investor has the expectation of profits, which profits are expected to arise solely, or substantially, from the efforts of the promoter or third party.

So here is what is going on. You can insist all night and all day that your "Tokens" are "just crypto, man, it's unregulated dude" until you are blue in the face.

Problem is, according to the Howie Test, if it looks like a duck walks like a duck and quacks like a duck, it is a security, must be registered with the securities and exchange commission, must be sold only to accredited investors worth more than $1 million excluding the value of their home and with 5 years of trailing income of $200,000 per year, and you can only promote the security (like you are doing here) if you are a Registered Rep for a bona fide Registered Broker Dealer.

Here's where your token becomes a security "It is important to note that GNT will NOT be used for payments within the Golem network: Its only role is to grant the owner a share in the Golem network’s fee revenue."

Oooffff! You SAY it's a token. But according to the Howie test, people have to pay in ETH (which has a dollar value), the token carries no votes and no say in the management (so 2 and 3, a third party will do the work) and you are selling it with the expectation that a profit will be made by the "investor" from the fees and distributed to token holders.

No voting rights + dividends = Preferred Share!

If the SEC notices, or if you piss off anyone in the slightest, particularly because you are raising well over a million dollars---you could go to jail just for this post!

Everyone involved in the management (and your little investing club) is also selling securities, unregistered, without a licence! They need to all STFU until the lawyer tells you how right I am.

Crypto exchanges wont be able to sell or carry this, because it is a preferred share, and while they are Fincen licenced, they are not SEC registered broker dealers! It would have to be traded on a stock exchange, and stock exchanges don't do crypto, so you'll have to create paper!

You guys really, really need to get someone from the business faculty (this is a school project right?) to corroberate everything I have told you, and call a securities lawyer for advice before selling this like it was fucking Dogecoin.

Dogecoin didn't pay dividends and no promises of profits were made---and they didn't use financial terms like "ICO".

I STRONGLY suggest you remove this post and any others where your non-licenced ass has been peddling and promoting unregistered securities to unsophisticated investors. This post is enough to put you in jail.

If you read ETH's ICO info, you'll note that they are very, very careful not to promise any profit at all.

This is where you are fucking up. Call a lawyer.

Your welcome. (I am a former LICENCED Stock Broker).

https://www.reddit.com/r/Ethinvestorsgroup/comments/4wu46p/golem_token_sale/d6a7lat

Can your legal team respond to this and guarantee you're not putting yourselves, investors, and the ICONOMI platform at risk of litigation?

We'll check and address this. Not now. Could also be with a blog post.

[5thangel]

Here you look they do it again and again: https://twitter.com/marcopolo8383
Just a retweet all tweets for once
It isn't fair.

I dont get it sir , retweet can only done once, and you must retweet to get your stake. It think its ok if that account is real human...

 
 ....pointless even if you real human and investor you still got blame like me not long ago,just

[5thangel]

is a   Shape Shift disabled ? i am trying for few hours to top up my balance with DGB

ShapeShift is not disabled. I can't see any pending ShapeShift transaction atm.

it is ok now,just loaded more ) Thanks

[88highroller]

i find your twitter bounty system is working correctly now, nice, now the figure is correct, you need to kick out new twitter accounts

[someonesomeone]

So no credit cards either?

@ICONOMI will Paypal also be an option for depositing money into your platform? I think that having it could help you reach bigger masses

No. PayPal will not be an option. Reverse transaction is way too easy with them.

[samantadegrenet]

twitter and facebook seems to have bug on ico page, every minute make different stake reward! little bit confusing...hope we will get some at the and! smell little fish to me....

[ICONOMI]

So no credit cards either?

@ICONOMI will Paypal also be an option for depositing money into your platform? I think that having it could help you reach bigger masses

No. PayPal will not be an option. Reverse transaction is way too easy with them.

At least not at the beginning.

However, we'll issue our own debit cards, but that's entirely different thing then accepting funds.

[moroseneng]

my retweet is still 0

[damnMscollec]

my retweet is still 0

they have bugs, so don't be scared sir. they will repair the bug asap.

[moroseneng]

my retweet is still 0

they have bugs, so don't be scared sir. they will repair the bug asap.

yeah i know that. maybe tomorrow will be fixed

[Bitdonator]

twitter and facebook seems to have bug on ico page, every minute make different stake reward! little bit confusing...hope we will get some at the and! smell little fish to me....

Its a little buggy, hope that Iconomi team
will fix this soon   

[moroseneng]

i have 224 followers and when i checked in twitteraudit.com i have 6 fake follower and i don't who they are. am i still get a bounty?

[danishcookie]

i have 224 followers and when i checked in twitteraudit.com i have 6 fake follower and i don't who they are. am i still get a bounty?

This is unfair to me, I have 20k followers, only 5k are real, so if OP ignore all of my 5k real account, think i am a spammer, I feel unfair to me. those 15k followers were actively following me, i don't know why, maybe the reason was one day in 2014, I made a super tweet, it was retweeted by 5k people and got 9k like, and then more and more fake accounts started to follow me... I am so innocent. and i deleted that tweet.

[moroseneng]

i have 224 followers and when i checked in twitteraudit.com i have 6 fake follower and i don't who they are. am i still get a bounty?

This is unfair to me, I have 20k followers, only 5k are real, so if OP ignore all of my 5k real account, think i am a spammer, I feel unfair to me. those 15k followers were actively following me, i don't know why, maybe the reason was one day in 2014, I made a super tweet, it was retweeted by 5k people and got 9k like, and then more and more fake accounts started to follow me... I am so innocent. and i deleted that tweet.

i think every twitter accounts have fake followers but i don't know how much they are

[golfhuso]

i have 224 followers and when i checked in twitteraudit.com i have 6 fake follower and i don't who they are. am i still get a bounty?

This is unfair to me, I have 20k followers, only 5k are real, so if OP ignore all of my 5k real account, think i am a spammer, I feel unfair to me. those 15k followers were actively following me, i don't know why, maybe the reason was one day in 2014, I made a super tweet, it was retweeted by 5k people and got 9k like, and then more and more fake accounts started to follow me... I am so innocent. and i deleted that tweet.

The easiest wat to prove is if you really have 20k followers. How many likes you earn for your tweet. it should be proportional.

[danishcookie]

i have 224 followers and when i checked in twitteraudit.com i have 6 fake follower and i don't who they are. am i still get a bounty?

This is unfair to me, I have 20k followers, only 5k are real, so if OP ignore all of my 5k real account, think i am a spammer, I feel unfair to me. those 15k followers were actively following me, i don't know why, maybe the reason was one day in 2014, I made a super tweet, it was retweeted by 5k people and got 9k like, and then more and more fake accounts started to follow me... I am so innocent. and i deleted that tweet.

The easiest wat to prove is if you really have 20k followers. How many likes you earn for your tweet. it should be proportional.

I use the website to measure, 25% of are real or active. So 15k are fake, they followed me, I don't know how to prevent them. It is not my fault at all.

[Mr.Robt]

There is a lot of truth in what is told here. I have looked as many accounts twitter have come today and have just made a retweet of all messages of ICONOMI for an hour. Also have received the bounties.

Therefore I have bought 30 accounts twitter for $1.3 from 1000 followers everyone, and now I do as everything, I just do a retweet of all messages by one stream.

I think you won't be able to discover all my accounts, and I will receive the money.
Thanks for an opportunity.

P.S. I make now too most with Facebook.