[ANN] ICONOMI - Fund Management Platform

[Toro iskandar]

ah very crowded prices could ICN 5x ico 

[1714652007]

1714652007

[1714652007]

1714652007

[1714652007]

1714652007

[1714652007]

1714652007

[kingcrimson]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

[Toro iskandar]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

nice 

price up 100-200 ICO   

[Axente]

ICONOMI:

Will dividends be paid according to an averaged 7-day balance, or paid out specifically according to wallet weight at a specific moment every week?

I expect the later as thats easiest for them to send out as it being a smart contract they send out on based on who has ICN.

[Daparski]

@Iconomi - can you comment on the total amount of people you have hired? What is the number of people being paid, and how long, approximately, you think it will take for the team to "burn" the funds?
I am not complaining, just would like to know how long before the platform will have to be profitable enough in order to pay for its own dev and maintenance. I am 100& aware that A and A+ devs and employees in general cost pretty much the same around the globe
[/quote]

Right now we are:
- 2 cofounders + an advisor basically on close to same level of dedication as us two
- 4 developers. 2 more onboarding right now
- 1 designer being onboarded right now as well
- 1 legal
- 1 product guy coming from Berlin on 16th October
- 2 in communications / marketing
- 1 financial guy

The thing is, that we started hiring before ICO ended as well as looking for new office space to rent. And we were actually warming people that were able to join right now almost since the beginning of this year. All that because if we would start with all that right now, we wouldn't be able to have team as of right now before year ends. You can't get A+ players right off the shelf in a week to say.

How long to burn the funds I can't say right now. Could be that legal is something we'll have to pay a lot for. I would say we are good for at least 5years (that would be $2m per year, which we are far from burning right now... but let's take into account that there might be some unexpected costs). Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed.
[/quote]

Thanks for the respond - I believe it was Jani. Really appreciate it, since it may seems too invasive.
In my opinion - dev (UI, UX including) and legal is the two places you DON'T want to spare. This platform has enormous potentials and it will bring a lot of capital. I believe that 3500+ investors did not buy in for you to play cheap and think small.  
Said that not all expensive is high quality, but all high quality has to be expensive. I am sure you know how to tell the difference
Thanks again for all the effort and professional work done so far.
Other projects can and should look and follow
ps' Feels like having a trip to sLOVEnia

[uswa56]

@Iconomi - can you comment on the total amount of people you have hired? What is the number of people being paid, and how long, approximately, you think it will take for the team to "burn" the funds?
I am not complaining, just would like to know how long before the platform will have to be profitable enough in order to pay for its own dev and maintenance. I am 100& aware that A and A+ devs and employees in general cost pretty much the same around the globe

Right now we are:
- 2 cofounders + an advisor basically on close to same level of dedication as us two
- 4 developers. 2 more onboarding right now
- 1 designer being onboarded right now as well
- 1 legal
- 1 product guy coming from Berlin on 16th October
- 2 in communications / marketing
- 1 financial guy

The thing is, that we started hiring before ICO ended as well as looking for new office space to rent. And we were actually warming people that were able to join right now almost since the beginning of this year. All that because if we would start with all that right now, we wouldn't be able to have team as of right now before year ends. You can't get A+ players right off the shelf in a week to say.

How long to burn the funds I can't say right now. Could be that legal is something we'll have to pay a lot for. I would say we are good for at least 5years (that would be $2m per year, which we are far from burning right now... but let's take into account that there might be some unexpected costs). Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed.
[/quote]

Thanks for the respond - I believe it was Jani. Really appreciate it, since it may seems too invasive.
In my opinion - dev (UI, UX including) and legal is the two places you DON'T want to spare. This platform has enormous potentials and it will bring a lot of capital. I believe that 3500+ investors did not buy in for you to play cheap and think small.  
Said that not all expensive is high quality, but all high quality has to be expensive. I am sure you know how to tell the difference
Thanks again for all the effort and professional work done so far.
Other projects can and should look and follow
ps' Feels like having a trip to sLOVEnia


[/quote]


nice thanks for information

[Daparski]

Hi Iconomi team and everybody else
How about adding a withdraw option (after all credentials, email and 2FA process) that acts like a long term vault? User can choose to turn it on and it means that withdraw won't happen immediately but after a predefined  amount in which the account holder will be notified by email/phone and can cncel the withdraw process at any time
Just to add another layer of security for storing the tokens online

Good suggestion!

so, 3FA, 4FA, 5FA? hehe, stack'em up
...stack enough of them and you could get yourself in a pickle.... trash your phone on sms, or G2FA, or lose access to an email address and you'll be crying. Any one point could prevent you from access.

Maybe do something like a multisig where you have 5 registered but only need any combo of 3 to access.

What I suggested is not another authentication factor, but more of a timer activated before the funds are actually withdrawn - so no active action is required from the user, unless he/she wants to cancel the withdraw order
As for the second part of your post, loosing your phone can happen - you can backup the 2FA code, or have some kind of a verification form on the platform that will reset it.
Losing access to your phone, and your email - well, you are in the wrong area if you can't remember your primary email password

Also - if you thinkg about it, this is pretty much the same as multi sig - just you are the one that need to sign several times with different signatures

[MrPresident]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

This is an epic milestone in crypto-investing... c-ya @ the Lambo dealership.

[ronald0cz]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

This is an epic milestone in crypto-investing... c-ya @ the Lambo dealership.

Should I choose my LAmbo already?

[tiredday]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

nice 

price up 100-200 ICO   

You guys are too optimistic, actually it will be 10X, 100% divs wil bring us 50X

[BitBanksy]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

This is an epic milestone in crypto-investing... c-ya @ the Lambo dealership.

Should I choose my LAmbo already?

Yes but remember you are not allowed to choose the colour.

To order:

Login > Account > Lambo > GiveAway

[Daparski]

A 10-20 % ROI with divs would bring the price up 50-100X ICO. 

nice 

price up 100-200 ICO   

You guys are too optimistic, actually it will be 10X, 100% divs wil bring us 50X

x100 is not too optimistic for Iconomi - it just need to reach dash and ethereum price for that - and it can. Not now, not in 2 months but somewhere within the 8-24 months range it will happen, if the platform won't get hacked

[wavefan]

Hello,
can somebody help me here? how can i claim my bounty before 7th oct if sign up is closed for https://ico.iconomi.net/
if there is any other procedure please let me know.
thanx

[bitcoinuserz]

A 10-20 % ROI with divs would bring the price up 50-100X ICO.  

This is an epic milestone in crypto-investing... c-ya @ the Lambo dealership.

Hahahaha hawaiian dude have learnt how crypto works

[chichidori]

The lambo and the vacation dudes are at it again but having a ROI of 100-200 is not a joke when it comes to investment for ICONOMI congrats on a successful ICO.

[Henisusan]

so 32789 stakes share 600000 icn signature bounty? Cool.

18,3 ICN / stakes

[weilichesbin]

Someone of you noticed AUGUR REP on Polo ?
Watch the Volume.

Great

[Anarchy101]

Hello,
can somebody help me here? how can i claim my bounty before 7th oct if sign up is closed for https://ico.iconomi.net/
if there is any other procedure please let me know.
thanx

https://ico.iconomi.net/register

register here

[wavefan]

Hello,
can somebody help me here? how can i claim my bounty before 7th oct if sign up is closed for https://ico.iconomi.net/
if there is any other procedure please let me know.
thanx

https://ico.iconomi.net/register

register here

thanx bro,i didn't see the sign up option so i worried about the deadline.but its fine when i visited the direct link for registration.
thank you once again

[Anarchy101]

Hello,
can somebody help me here? how can i claim my bounty before 7th oct if sign up is closed for https://ico.iconomi.net/
if there is any other procedure please let me know.
thanx

https://ico.iconomi.net/register

register here

thanx bro,i didn't see the sign up option so i worried about the deadline.but its fine when i visited the direct link for registration.
thank you once again

Glad i could help you