[ANN] ICONOMI - Fund Management Platform

[Strongkored]

if 2000 BTC goal can reach before the end of ico schedule, this ico still  live? or the dev decided to close cause the goal has reached
800 BTC only 3 days is good sight, i think one a half week the goal 2,000 BTC can be reached 

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[dothebeats]

when the bounties for twitter and facebook will end?

bounty twitter campaign facebook campaign
and signature campaign will end until ico its end too
maybe 5 week

As you've mentioned it already how do we know that we are qualified to there twitter campaign?  Dev doesn't have an spreadsheet or any links so we may know that we are eligible to get the bounty for retweeting?

800+ btc      It is over 40% of your threshold. Congrats, a successful project.

I eventually believe that this project will reach to his target for this succeeding days maybe those big whales are just waiting for their turn to buy and stake for their own good.

ICONOMI has great first steps in collecting fund. The target of 2000btc is predicted to be reached at the end of first week of ICO.

Is it still available for twitter and facebook bounties?

How to join those two bounties? I have already missed a lot of bounties that I'd love to be a part of (especially the translation part) and I don't want another one to pass out without me even joining those.

Oh and btw, congrats on the 800+ BTC! The ICO is filling up so fast!

[XERES]

if 2000 BTC goal can reach before the end of ico schedule, this ico still  live? or the dev decided to close cause the goal has reached
800 BTC only 3 days is good sight, i think one a half week the goal 2,000 BTC can be reached 

2000 BTC is only the target, if reached the target 2000 BTC maybe this ICO still going till 32 days from now.

ICONOMI has great first steps in collecting fund. The target of 2000btc is predicted to be reached at the end of first week of ICO.

Is it still available for twitter and facebook bounties?

How to join those two bounties? I have already missed a lot of bounties that I'd love to be a part of (especially the translation part) and I don't want another one to pass out without me even joining those.

Oh and btw, congrats on the 800+ BTC! The ICO is filling up so fast!

Read about bounties details on here: https://medium.com/iconominet/ico-bounties-ea2922888b85#.4dlt2dt45
and it's still available I think because only share/like/comment and tweet/retweet.

[caex]

safely reach the goal (2000BTC)

[ICONOMI]

17. Are the investment funds going to be open for everyone to participate?

The ICONOMI.INDEX fund will be open to everyone, while the ICONOMI.PERFORMANCE fund will be by invitation only. However, ICONOMI ICO participants will be invited to the ICONOMI.PERFORMANCE fund.

  If I only invest a small amount in the ICO and wish to add more at some other time, will I be able to add more to a CMF, or will I only be able to invest the original ico amount?

ie 1btc now 10btc later ?

There won't be any limit of how much to invest into ICO compared to how much anyone will be able to invest into ICONOMI.PERFORMANCE.

But if it turns out that too many investments wants to be invested into ICONOMI.PERFORMANCE (It will be limited with a reason. Because there will be limited investment opportunities for that fund) then we'll just have to prioritise it somehow. Then the ones with more investment into ICO should have slightly higher priority.

is there any ballpark figure you have set for no. of participants or total amount of Fund to be raised for CMF/ICONOMI.PERFORMANCE? if it is competitive then there must be an indicator or minimum limit for amount of investment to be made to qualify for ICONOMI.PERFORMANCE.

its a tough decision to commit so much money for 35 days without any return and with that said you may still end up with ordinary CTF that you can enter anytime.

although i have invested some a little amount of bitcoin in ICO but still the uncertainty to qualify for ICONOMI.PERFORMANCE is keeping for committing any more BTC to the project.

ICONOMI.PERFORMANCE will be invite only for ICO participants at beginning. Regardless of investment size. But if it turns out that we're filling each batch in 5mins we'll have to priotorise bigger investors first. I think it is fair to say that someone who contributed a lot for it to happen have early access.
For those not in ICO it will remain closed until there are enough investing opportunities.

[ICONOMI]

Could something like the Dao happen with this? Like security exploits?

Who knows, this platform is based on ethereum, so it is possible. 

That's basically my biggest fear with this. Just that unknown.

TheDAO and ICONOMI are different. TheDAO had a bug in the code with lots of ETH inside and that's what brought it down. We won't nearly be that exposed as most of the funds will be kept in multiple cold wallets (and not in one giant multisig like Bitfinex had).

[happynorway]

Could something like the Dao happen with this? Like security exploits?

Who knows, this platform is based on ethereum, so it is possible. 

That's basically my biggest fear with this. Just that unknown.

TheDAO and ICONOMI are different. TheDAO had a bug in the code with lots of ETH inside and that's what brought it down. We won't nearly be that exposed as most of the funds will be kept in multiple cold wallets (and not in one giant multisig like Bitfinex had).

You need to ensure your code is 100% secure, should learn the experience from dao's fiasco.

[Saksham]

What is the exchange rate for other crypto-currency? Eg. If  I chose to purchase ICN with LSK, how do you calculate the price of LSK? Daily exchange rate or?

[GOT7]

Is this coin/token wrote from scratch? Or a clone of LISK?

[ICONOMI]

When ICONOMI tokens are out, will it be possible to use a light wallet like myetherwallet to store 'em ?

PS. Reminder to add Greek Translation in OP:
https://bitcointalk.org/index.php?topic=1596956.0

Yes, it will be possible to use anything as it will be a contract deployed on top of Ethereum. Myetherewallet will work as well. You will control the ICN tokens same way as you control ETH.

From whitepaper: https://www.iconomi.net/ICONOMI_Whitepaper.pdf

ICNs will be issued with the deployment of a smart contract on the Ethereum network and
transferred to an Ethereum address users will be able to provide through the ICONOMI
interface. Users who fail to do so will still be able to access their ICNs via the ICONOMI
website.

[ICONOMI]

This coin ICO is going like fire. I cant believe it just reached App 800BTC within few days. May be because of trusted escrows people are trusting this ICO unlike the Opair. By the way if you people will achieved your target of 2kbtc before the end date of ICO will you stop the ICO?

2k BTC is the success threshold. The final price will be determined by free market of investors.

[GOT7]

I do like the look of this and thankfully found another legit project but can you tell me please, wrote from scratch or clone of something else?

[ICONOMI]

Hi ICONOMI,

2 questions:

1. Can I do multiple deposits to the ICO?  Fo instance, deposit 1 BTC today then another 1 BTC tomorrow?

2. I have read that ICN tokens bring dividends.  Is this similar to stock dividends?  Perhaps a stupid question, but if ICN token limit is 100M (85M is distributed in the crowdsale plus 15% used elsewhere), where will you get the ICN dividends to give to your investors?  Sample case 10% stock dividend is already 8.5M ICN - where will you get this if you have 100M limit?

Thanks.

Thanks for questions.

1. You can do multiple deposits.  You can mix currencies or send multiple transactions in the same currency. 1 BTC today, 1 BTC tomorrow is fine.

2. This is similar to stock dividends. They will be paid out in ETH. They will come from profits we'll be making with operating funds.

[klidex]

wow, ICONOMI raised 500k +, so crowd on twitter, well the next target is 1k, keep the good work ICONOMI !

[ihanaihana]

I wanna translate into Chinese for you, is it done by another guy?     I think your project will surely get 2000 btc.

Just reserve it for me, I will translate when I work tomorrow. Thanks

[Saksham]

I wanna translate into Chinese for you, is it done by another guy?     I think your project will surely get 2000 btc.

Just reserve it for me, I will translate when I work tomorrow. Thanks

As you see, the Chinese translation is already done, https://bitcointalk.org/index.php?topic=1598568

[ruletheworld]

Hi ICONOMI,

2 questions:

1. Can I do multiple deposits to the ICO?  Fo instance, deposit 1 BTC today then another 1 BTC tomorrow?

2. I have read that ICN tokens bring dividends.  Is this similar to stock dividends?  Perhaps a stupid question, but if ICN token limit is 100M (85M is distributed in the crowdsale plus 15% used elsewhere), where will you get the ICN dividends to give to your investors?  Sample case 10% stock dividend is already 8.5M ICN - where will you get this if you have 100M limit?

Thanks.

Thanks for questions.

1. You can do multiple deposits.  You can mix currencies or send multiple transactions in the same currency. 1 BTC today, 1 BTC tomorrow is fine.

2. This is similar to stock dividends. They will be paid out in ETH. They will come from profits we'll be making with operating funds.

This is interesting, on the point of dividends. Are the exchanges on board with this? They are the ones who need to do the calculations and make sure their account holders are being credited the right amount of ETH. I am assuming most of, or a significant chunk of the supply will be held in exchanges.

Also, how frequent will these dividends be?

[liuka]

I just ask
if invest in the ICO it automatic I received 15% Bonus in my account or received bonus when the ico is end?

[Sharma]

This coin ICO is going like fire. I cant believe it just reached App 800BTC within few days. May be because of trusted escrows people are trusting this ICO unlike the Opair. By the way if you people will achieved your target of 2kbtc before the end date of ICO will you stop the ICO?

Yes trusted escrow,capable dev team,amazing concept and clear roadmap are few main reasons people like me have put their faith in this ICO.I seldom invest in ICO but this is an exception because it is very promising

[Zoomer]

I just ask
if invest in the ICO it automatic I received 15% Bonus in my account or received bonus when the ico is end?

If I do understanding the Initial post you will be paid on September 29 when it ends, however, if you need a 100% correct answer just send the op a pm and he will surely give you the correct answer to your question.

I believe that by the time they will add some Q&A answer the most asked questions!