[ANN] ICONOMI - Fund Management Platform

[Free1bitco.in]

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?

10 stakes for under 300 followers
Yes you will get  under 300 and you 224 

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[TrueAnon]

Man do none of you people have a fucking job to make some money?! LOL

Or if you're in school work part time or ask your mommy or daddy for money.

Crumb snatching all up in this bitch.

[ahmedjadoon]

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.

^^^ How you are going to deal with this ICONOMI team, this multiple accounts shit?
Only way to deal with this is that only those accounts should qualify to receive Twitter/FB bounties that have invested at least $50-$100, you decide.
A person can easily buy 1000 Twitter accounts and then create 1000 Iconomi accounts to link to them and accumulate bounties.

[MrPresident]

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

Absolutely not, no.  It is a blockchain token which falls under FINCEN and SEC rules for blockchains
under any scenario

[Free1bitco.in]

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.

^^^ How you are going to deal with this ICONOMI team, this multiple accounts shit?
Only way to deal with this is that only those accounts should qualify to receive Twitter/FB bounties that have invested at least $50-$100, you decide.
A person can easily buy 1000 Twitter accounts and then create 1000 Iconomi accounts to link to them and accumulate bounties.

I think it's not a good idea one of the best ways is to check the age of the account Min 1 or 2 months to qualify

[Mr.Robt]

I think it's not a good idea one of the best ways is to check the age of the account Min 1 or 2 months to qualify

My accounts are registered in 2014 - 2015, 30 accounts from 1000 qualitative followers have cost me 33 dollars on 1,3 dollars apiece. success in your strategy. lol

[Mr.Robt]

problem in rules. and I successfully use it. as well as hundreds of other people.
any can come now and make a retweet directly of all tweets in 10 minutes. and he will receive the share. look at twitter and Facebook. hundreds of people made it. why I shan't arrive as they?

[Free1bitco.in]

I think it's not a good idea one of the best ways is to check the age of the account Min 1 or 2 months to qualify

My accounts are registered in 2014 - 2015, 30 accounts from 1000 qualitative followers have cost me 33 dollars on 1,3 dollars apiece. success in your strategy. lol

What if each participant should claim bounty using bitcointalk account  with  minimum rank Jr member more
do you have a way to solve it

[supercops]

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.

^^^ How you are going to deal with this ICONOMI team, this multiple accounts shit?
Only way to deal with this is that only those accounts should qualify to receive Twitter/FB bounties that have invested at least $50-$100, you decide.
A person can easily buy 1000 Twitter accounts and then create 1000 Iconomi accounts to link to them and accumulate bounties.

I think it's not a good idea one of the best ways is to check the age of the account Min 1 or 2 months to qualify

Agreed with you. all twitter handle must be 1 or 2 months old to qualify for the bounty reward. i am also a participant and my twitter is 4-5 years old.however there is no rules for bounty reward and it would be unfair if they forced people for invest.op can open a new thread for twitter bounty and asked them to post their twitter handle from bitcointalk account.

[ruletheworld]

I think it's not a good idea one of the best ways is to check the age of the account Min 1 or 2 months to qualify

My accounts are registered in 2014 - 2015, 30 accounts from 1000 qualitative followers have cost me 33 dollars on 1,3 dollars apiece. success in your strategy. lol

What if each participant should claim bounty using bitcointalk account  with  minimum rank Jr member more
do you have a way to solve it

That sounds like the most reasonable thing to do actually. Hopefully people don't start using paid-for BCT accounts! But at least it is harder to buy forum accounts here than buy Twitter followers.

[yeniruieni]

I cant wait to ICO ended and see $ICN on live on exchanges. i want to buy ICO for more ICN stock 

Great work ICONOMI!!!

[someonesomeone]

Thanks for the answers. But if you will really want to cater your platform to the masses you need to find a way to add the most used payment options...

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.

[MrPresident]

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?

If the guy had bothered reading the FAQ he would know they stated that they DO NOT guarantee profits.
Long winded nonsense as well; USA has plenty of crypto-regs framework in place which is solely the responsibility of the EXCHANGES to adhere to; so for instance if what he was saying is true, then Poloniex wouldn't list ICN because they are 100% FINCEN compliant. But he's wrong anyway.

[ImHash]

I think all I can get from FB is 500 stakes and Twitter nothing for now since have no access with my PC only can open it with my phone which I lost it.
Currently have 1 fb post and mostly are likes.
I never thought of posting hundreds of times and sharing when I know my friends and followers aren't into crypto and it will have no impact on Iconomi's success that much as they are paying for it.

[ruletheworld]

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?

If the guy had bothered reading the FAQ he would know they stated that they DO NOT guarantee profits.
Long winded nonsense as well; USA has plenty of crypto-regs framework in place which is solely the responsibility of the EXCHANGES to adhere to; so for instance if what he was saying is true, then Poloniex wouldn't list ICN because they are 100% FINCEN compliant. But he's wrong anyway.

Stock investment doesn't guarantee profits either. That is not a criterion used to determine if something is a security or not.

[MrPresident]

we shall see launchtime... Polo lists it... and he eats crow.... if not... I do 

[ruletheworld]

we shall see launchtime... Polo lists it... and he eats crow.... if not... I do 

Hah fair enough, but you cannot judge legal principles from whether or not Polo lists it or not. We haven't yet had a legal ruling on this topic of crypto <=> securities. Just lots of opinions. CoinCenter has a large pdf on this matter, if you're interested.

[DomainMagnate]

Is 5% bonus still on?Please reply I want to invest now

[Sharma]

0.04 btc invested again.Happy to send btc and increasing my share in ICONOMI

[Skyrik]

Is 5% bonus still on?Please reply I want to invest now

will be on 11 hours and 25 minutes