[ANN] ICONOMI - Fund Management Platform

[Free1bitco.in]

I read the whitepaper. I'm reasonably familiar with investment funds and investing, but I don't see how this works.

Maybe someone who does understand it could give an example of how it would work in real life?

When you invest in the ICONOMI ICO you receive a corresponding amount of tokens for your investment. ICONOMI will then launch future ICO's and use the ICO funds from ICONOMI to invest into their new ICO and so on.

simple explanation : If you are investor you will get shares in the form of tokens called ICN
while  iconomi will open trade market that allows people to sell and buy Ethereum certainly in this transaction ICONOMI will get  fee
then fee will be distributed to  investor (ICN holder ) then the profits will be distributed to investors and iconomi management every week.
Do not forget your ICN  also have a value / price you can sell it at any time in the exchanger, so far that's all I know
let me know if this explanation is incorrect

I didn't full get that part , mind explaining ? does it mean that (If I don't sell my ICNs) , I will be getting more and more weekly without doing anything (when other people trade their ICNs in exchanges) ?

Weekly ICN dividends from profits are paid in ETH

ICN is a long term token, hold them tightly and wait for the moon. If we store ICN on exchanges, we won't get paid right?

I think so or exchanges that will get the dividend? because basically all CN is located in the exchanger
The same concept with Ambercoin holder receives dividends at a specified time

[jpoker272727]

Maybe because of this but I saw many users in a row so that made me think that something was not going well.

Anyone can suggest me what is the best practice to do with the Iconomi after we receive them?

Collect them, cherish them, hodl them close to your heart. Collect the weekly dividends and buy more ICN. Or, when you go to lunch you can impress your friends using your Iconomi Debit card. 

I will collect them for sure and I'm thinking to hold them for a long time and not sell them on the first chance.

But this Iconomi debit card? I haven't heard before, when will it be launched?

[X-ray]

Maybe because of this but I saw many users in a row so that made me think that something was not going well.

Anyone can suggest me what is the best practice to do with the Iconomi after we receive them?

Collect them, cherish them, hodl them close to your heart. Collect the weekly dividends and buy more ICN. Or, when you go to lunch you can impress your friends using your Iconomi Debit card.  

I will collect them for sure and I'm thinking to hold them for a long time and not sell them on the first chance.

But this Iconomi debit card? I haven't heard before, when will it be launched?

someone just mentioned it before,and also mentioned in iconomi's faq if i'm not mistaken

Can you expand on the ICONOMI debit card?

The ICONOMI debit card will be a Visa debit card, linked to your share of the ICONOMI investment funds. You will be able to use it on all Visa supported POS terminals and ATMs, enabling you to instantly reduce your share of ownership of the ICONOMI funds, 24/7. When a deduction is made with your ICONOMI debit card, a corresponding amount of your share of the ICONOMI fund(s) will be sold.

As a gesture of appreciation, all ICO participants will have the option to receive an exclusive “ICONOMI Founders’ Club” debit card. The card will be a debit Visa card with an unique design, available free of charge to investors who invested above a certain threshold and with a small fee to cover the shipping costs to all other ICO participants.

[famiextrem]

5 days remaining and dev should close new registration for the signature campaign as well as social bounty. and must mention a deadline for bounty hunters,or people will join and start spamming to qualify for a stake.

[Free1bitco.in]

5 days remaining and dev should close new registration for the signature campaign as well as social bounty. and must mention a deadline for bounty hunters,or people will join and start spamming to qualify for a stake.

What a good reason for them to close  campaigns or bounty? because it did not want to share with new participants?
you should know the campaign is to promote  ICO so if the ICO is still running there will be an opportunity for people interested in ICONOMI

[OmegaStarScream]

5 days remaining and dev should close new registration for the signature campaign as well as social bounty. and must mention a deadline for bounty hunters,or people will join and start spamming to qualify for a stake.

What a good reason for them to close  campaigns or bounty? because it did not want to share with new participants?
you should know the campaign is to promote  ICO so if the ICO is still running there will be an opportunity for people interested in ICONOMI

Social media buonty are probably not going very good as there is spammers and cheaters (not sure If they got catched or not) , beside the ICO will finish in five days as well (see here : https://ico.iconomi.net/ ) so It's normal to finish the campaigns and bounties as well.

[Free1bitco.in]

5 days remaining and dev should close new registration for the signature campaign as well as social bounty. and must mention a deadline for bounty hunters,or people will join and start spamming to qualify for a stake.

What a good reason for them to close  campaigns or bounty? because it did not want to share with new participants?
you should know the campaign is to promote  ICO so if the ICO is still running there will be an opportunity for people interested in ICONOMI

Social media buonty are probably not going very good as there is spammers and cheaters (not sure If they got catched or not) , beside the ICO will finish in five days as well (see here : https://ico.iconomi.net/ ) so It's normal to finish the campaigns and bounties as well.

While ICONOMI  placing ads on facebook and you say Social media buonty is not good enough ? because I always see a sponsored ads on facebook related ICONOMI. If  really want to stop spammers should set a limit of participants since its inception

[famiextrem]

5 days remaining and dev should close new registration for the signature campaign as well as social bounty. and must mention a deadline for bounty hunters,or people will join and start spamming to qualify for a stake.

What a good reason for them to close  campaigns or bounty? because it did not want to share with new participants?
you should know the campaign is to promote  ICO so if the ICO is still running there will be an opportunity for people interested in ICONOMI

I am just saying because if people join later they will spam around to met the requirement for bounty.its just an opinion.people joined today and start retweeting from 18th augast will not help a lot in promotion.

[jpoker272727]

I will collect them for sure and I'm thinking to hold them for a long time and not sell them on the first chance.

But this Iconomi debit card? I haven't heard before, when will it be launched?

someone just mentioned it before,and also mentioned in iconomi's faq if i'm not mistaken

Can you expand on the ICONOMI debit card?

The ICONOMI debit card will be a Visa debit card, linked to your share of the ICONOMI investment funds. You will be able to use it on all Visa supported POS terminals and ATMs, enabling you to instantly reduce your share of ownership of the ICONOMI funds, 24/7. When a deduction is made with your ICONOMI debit card, a corresponding amount of your share of the ICONOMI fund(s) will be sold.

As a gesture of appreciation, all ICO participants will have the option to receive an exclusive “ICONOMI Founders’ Club” debit card. The card will be a debit Visa card with an unique design, available free of charge to investors who invested above a certain threshold and with a small fee to cover the shipping costs to all other ICO participants.

This will be a bonus for us who are in the ICO phase, I am excited to see this Founders's Club debit card.

What is/was the threshold to be able to receive this for free and for the small fee to cover the shipping is normal.

Thank you...

[DeadBirdzz]

What's the threshold of investment for us to receive said debit card?

[Bybox]

What's the threshold of investment for us to receive said debit card?

I am interested in this question as well

[fraijer]

What's the threshold of investment for us to receive said debit card?

I am interested in this question as well

Me2

[BitBanksy]

...what about charge disputes with the card?

As it was already mentioned, it will be a VISA DEBIT card. Debit cards are almost impossible to chargeback...

Valid point, debit card is not credit card, debit card can't chargeback, but credit card can chargeback.

But debit cards can be credited. They might not call it 'chargeback', but the function does exist. When you cash-out on Circle.com, the funds are credited/sent to the debit cards associated bank account.

Than try to chargeback with Circle.com and see what will happen.... With CREDIT cards, a financial institution such as VISA, MASTERCARD, AMEX etc... will anticipate the funds, thus calling it a "CREDIT". You then pay back toward this "CREIDT" sometime later. Since the financial institution has anticipated the funds, they won't hesitate to execute a chargeback in their favour (not yours) since it's their money. But with a DEBIT card, no institution will back up your funds, thus no chargeback allowed.

[wavefan]

What's the threshold of investment for us to receive said debit card?

Good question mate. there must be minimum investment requirement but i don't know the amount. waiting for the answer from someone

[Labumi]

What's the threshold of investment for us to receive said debit card?

Good question mate. there must be minimum investment requirement but i don't know the amount. waiting for the answer from someone

I think in the ICONOMI there is no minimum threshold for investment, for within the site we have only demonstrated by some kind of investment that we can provide. But I think the minimum investment is $ 10. so, if you want to invest in ICONOMI, then you must take into account some things, because it concerns the future

[Vinz421]

INDEX.FUND has been pre announced on medium !
https://medium.com/iconominet/iconomi-index-update-1-213ddad99277#.bueq6l1pw

More info and a projection since July here  : https://ico.iconomi.net/about-icnx-index

What do you guys think ?
I'm a bit surprised by the simulated benefit.

[jpoker272727]

INDEX.FUND has been pre announced on medium !
https://medium.com/iconominet/iconomi-index-update-1-213ddad99277#.bueq6l1pw

What do you guys think ?
I'm a bit surprised by the simulated benefit.

Still nothing for now, it will be announced in the upcoming days as in the medium stated.

I think in the ICONOMI there is no minimum threshold for investment, for within the site we have only demonstrated by some kind of investment that we can provide. But I think the minimum investment is $ 10. so, if you want to invest in ICONOMI, then you must take into account some things, because it concerns the future

For investing I haven't seen any threshold but we are more interested in the ICONOMI Debit Card which was mentioned that a threshold should met in order to receive the card for free + shipping.

[colombuszka]

Looks like a great project. Looking forward to see the result! Good luck

[Vinz421]

INDEX.FUND has been pre announced on medium !
https://medium.com/iconominet/iconomi-index-update-1-213ddad99277#.bueq6l1pw

What do you guys think ?
I'm a bit surprised by the simulated benefit.

Still nothing for now, it will be announced in the upcoming days as in the medium stated.

There is the composition of the crypto basket on the ICO website. BTC 15% ETH 13.61% and so on ...
https://ico.iconomi.net/about-icnx-index

That's what I asked your opinion about.

[Vinz421]

What's the threshold of investment for us to receive said debit card?

Good question mate. there must be minimum investment requirement but i don't know the amount. waiting for the answer from someone

No threshold to be eligible for the card, AFAIK, it's free.
The minimum amount invested is for the free shipping costs, and no official amount was communicated by the team yet.
I read 2 BTC somewhere, but it's not decided yet.