[ANN] ICONOMI - Fund Management Platform

[TrueAnon]

Basically was 90% of this coin buyers want to know is 2 things:

1. Will it be on polo post launch asap?
2. Will it pump so I can dump most of my coins.

The End.

You know this is 100% truth so do not deny it.

[axlroses]

Basically was 90% of this coin buyers want to know is 2 things:

1. Will it be on polo post launch asap?
2. Will it pump so I can dump most of my coins.

The End.

You know this is 100% truth so do not deny it.

i dont know, but i think it will be at poloniex

[MoveCrypto]

Dividend does not go down. 100m ICN tokens will receive same amount of dividends. But if funding goes higher, you receive less ICN.

This is what I was supposed to mean in the first place. Less ICN, less dividends.

More funds = less ICN = less dividends

A deja vue, the whales will rake everything again...

sssshhhhhhh, let's all switch to slack and stop bumping this thread

I'll meet you back here on 30 sept. after funding is closed

[ahmedjadoon]

Dividend does not go down. 100m ICN tokens will receive same amount of dividends. But if funding goes higher, you receive less ICN.

This is what I was supposed to mean in the first place. Less ICN, less dividends.

More funds = less ICN = less dividends

A deja vue, the whales will rake everything again...

Don't forget that more funds=the longer it takes to burn them on development= 100% of the profits to be divided among shareholders for longer time(instead of being spent on development).
But this would benefit those who hold coins long term.

[Jerry S]

if my calculation is right, its price is 7-8k sat at the moment

[baomoremoney]

if my calculation is right, its price is 7-8k sat at the moment

Right, my calculation is same, if the funding is double, the ico price should be double too. Now is 5.5k-6k btc, 10k may be possible.

[OmegaStarScream]

If someone could take some time to explain to me few things I would really appreciate it , I read the FAQ and everything on the website but I still don't understand few points.
I want to know , If I deposit BTC or ETH (or something else) , how much ICN should I get ? and what is the benefit from holding them in the first place ? I suppose ICN is not an altcoin as I can't find much about it on coinmarketcap and according to the website It's a token but where should I see their value ?
Overall , what I'm going to get by investing here and how I'm going to withdraw later ?

[dzarmush]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

[ShooterXD]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

[ahmedjadoon]

Dividend does not go down. 100m ICN tokens will receive same amount of dividends. But if funding goes higher, you receive less ICN.

This is what I was supposed to mean in the first place. Less ICN, less dividends.

More funds = less ICN = less dividends

A deja vue, the whales will rake everything again...

Don't forget that more funds=the longer it takes to burn them on development= 100% of the profits to be divided among shareholders for longer time(instead of being spent on development).
But this would benefit those who hold the coins long term. Short term kids would have the scenario you posted More funds = less ICN = less dividends

[dzarmush]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

Yes but how tokens could be sent to someone else for example? Will they be on a blockchain? Which one? Lisk sidechain?

[someonesomeone]

Iconomi will be a token on the Ethereum blockchain.

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

Yes but how tokens could be sent to someone else for example? Will they be on a blockchain? Which one? Lisk sidechain?

[ICONOMI]

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It's really nice, but one condition has to be met: there must be profits for those dividends, and nobody cannot gurantee profits forever.
I can imagine however, that ICONOMI team can start paying dividends using the ICO funds in case there're no profits for some time
I'm sorry, but I always look for a weaknesses, and the major weakness here is basically this promise Dividends will be permanent! which i guess means perpetual or everlasting right?

Hmm, I guess the real question would be "What happens when the funds show a loss?"

When there is a loss, we might still get some revenue from maintenance fees. But if there is nothing to distribute, then dividends are at zero. All scenarious are possible. The only coin that guarantees you profit is Onecoin

You as organisation wouldn't take a part of the profits? Or do you count your proffit in the cost of things?

This is something we were discussing internally and with advisors. There is no decision yet. But it will probably be done in a way that if we ourperform certain goals we get bonuses. That way we're incentivised to give our best and not to get reward in case results are average.

[ICONOMI]

If someone could take some time to explain to me few things I would really appreciate it , I read the FAQ and everything on the website but I still don't understand few points.
I want to know , If I deposit BTC or ETH (or something else) , how much ICN should I get ? and what is the benefit from holding them in the first place ? I suppose ICN is not an altcoin as I can't find much about it on coinmarketcap and according to the website It's a token but where should I see their value ?
Overall , what I'm going to get by investing here and how I'm going to withdraw later ?

You are right. ICN is not an altcoin. It would be fair to say it's a share in the company that will create Fund Management Platform. By investing you are getting proportional share of ICN tokens. As it will be build on top of Ethereum platform, you will send around just as you are sending ETH around. Actually, at launch you won't need to withdraw them at all. You will get an option to provide us with your public ETH address and that way have control of ICN from the very beginning with your private keys.

[Strongkored]

If someone could take some time to explain to me few things I would really appreciate it , I read the FAQ and everything on the website but I still don't understand few points.
I want to know , If I deposit BTC or ETH (or something else) , how much ICN should I get ? and what is the benefit from holding them in the first place ? I suppose ICN is not an altcoin as I can't find much about it on coinmarketcap and according to the website It's a token but where should I see their value ?
Overall , what I'm going to get by investing here and how I'm going to withdraw later ?

maybe my answer can help you:
first when you deposit BTC or ETH how much ICN you got is depant how much fund collected from ICO and until the ICO finish
second if you holding ICN in first place benefit you get is take profit if ICN release and added in exchange and the price is 2-3x higher from ICO price
third after the ICO finish you can withdrawal from ICO website to your wallet if the wallet ready
i know this is just a little explain about ICN maybe another member can more clearly to give you answer

[ICONOMI]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

Yes but how tokens could be sent to someone else for example? Will they be on a blockchain? Which one? Lisk sidechain?

ICN tokens will be issued on top of Ethereum platform.

You will be able to send them with Mist browser - probably easiest way. Before launch you will be able to provide us with your public ETH address for which you hold private key and that way have ICN tokens under your control on day 1.

[ICONOMI]

NEW BLOG POST
We are on the way back from the Pirate Summit. Here is a blog post covering ICONOMI and the event. Click the link for pictures.

https://medium.com/iconominet/iconomi-at-pirate-summit-2016-5d6255780f9f#.62jqymew1


ICONOMI AT PIRATE SUMMIT 2016

ICONOMI at Pirate Summit 2016, startup conference in Cologne (Germany), that brings together Europe’s leading tech entrepreneurs, investors, media and corporate executives.

ICONOMI’s disruptive idea of developing first fund management platform for the decentralised economy fitted just perfectly in environment encouraging evolution of different ideas of the future. We had a chance to discuss ICONOMI concept with potential investors coming from different fields. They recognized the investment opportunity that ICONOMI is offering. Idea of developing easy entry point into decentralised economy that arises in time when blockchain technology is on the rise and impressive statistics from first two weeks of ICONOMI’s initial coin offering, did their job to attract interest of potential investors.

The event was of great interest also for ICONOMI.PERFORMANCE fund that is already looking for other great disruptive ideas. Just to remind you, ICO funds raised above 10.000 BTC will be invested in ICONOMI’s first actively managed fund with primary focus on new ICO’s.

Our next stop is China — Ethereum Devcon2 at International Blockchain Week that will be held in Shanghai from 19–21 September. If you happen to be there, you’re welcome to contact us.

[cryptobart]

I think what really matter is Open Fund Platform, if ICONOMI team can deliver the product following the road map, it will attract qualified fund manager, then as a share holder you will get more dividend.

[btc-facebook]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

Yeah really wait for it appear on poloniex or bittrex. Can wait to trade them.
Especially when I have enough profit from bitcoin so I can invest another altcoin

[magc16]

Where can I read what Iconomi tokens are? I mean how would we be able to send/trade them? Will they be traded on exchanges etc?

After ico finish, the tokens will be distribuited and after this prob ICONOMI will rich the big Exchange

Yes but how tokens could be sent to someone else for example? Will they be on a blockchain? Which one? Lisk sidechain?

ICN tokens will be issued on top of Ethereum platform.

You will be able to send them with Mist browser - probably easiest way. Before launch you will be able to provide us with your public ETH address for which you hold private key and that way have ICN tokens under your control on day 1.

I'm still not understanding how ICN will show up on ETH address.  Can I send it to a Jaxx ETH wallet?  Sorry, I'm an Ethereum novice.