[ANN] ICONOMI - Fund Management Platform

[DaddyH]

so each ICONOMI will be around 8500 satoshi! I think for start is great value! but long term ICONOMI could be much more so keep your coin safe!

0.000085 would mean the ICO price is less than investment. It must be a little higher.

[someone111]

Reddit AMA over?

[MrPresident]

so each ICONOMI will be around 8500 satoshi! I think for start is great value! but long term ICONOMI could be much more so keep your coin safe!

0.000085 would mean the ICO price is less than investment. It must be a little higher.

.00085 mate...



he's in the ballpark or high imho



...could be a bit less but at this rate its not impossible imho

5.5m usd / 85,000,000 tokens = $.0647 approx. usd per token at present



... and knowing how ICO's go...  nobody in their right minds will list ICN for sale at launch for less than what they paid. So we shall see anyway... hehe
I know, everyone usually gets antsy during the last days of waiting for launch on exchanges...  
2 weeks to go mates....  

[emersonlogan62]

Reddit AMA over?

yes its already over about 30 minutes ago.

[someone111]

AMA was not announced early enough.

[p4xil]

AMA was not announced early enough.

It was announced 12 hours before start. Good enough for me.

[MrPresident]

Just as an example or note:

Lisk collected approx 6m in their ICO and they still trade at above .0004 at present after 3 months on exchanges...  still well over 3x ICO prices even without having a working product yet. Sure, there was a dump, after two trips to around 400 Bitcoin per token it then "dumped" to reasonable profit areas.


So when you hear newbs talking about "the Lisk ICO dump", you will now know wtf it REALLY was.
The facts are that Lisk traded at over 55 Bitcoin for over 3 days on Polo topping at 400, and still carry a 3x return for ICO investors... just sayin'. I call that a PUMP, not a Dump.

The difference here is that Iconomi will be launching with a working product... unlike EVERYONE ELSE
There is nothing here complicated to develop. Think of it as "What the DAO should have been"
There's no telling how hard the pump could be.

[kingcrimson]

Just as an example or note:

Lisk collected approx 6m in their ICO and they still trade at above .0004 at present after 3 months on exchanges...  still well over 3x ICO prices even without having a working product yet. Sure, there was a dump, after two trips to around 400 Bitcoin per token it then "dumped" to reasonable profit areas.


So when you hear newbs talking about "the Lisk ICO dump", you will now know wtf it REALLY was.
The facts are that Lisk traded at over 55 Bitcoin for over 3 days on Polo topping at 400, and still carry a 3x return for ICO investors... just sayin'. I call that a PUMP, not a Dump.

The difference here is that Iconomi will be launching with a working product... unlike EVERYONE ELSE
There is nothing here complicated to develop. Think of it as "What the DAO should have been"
There's no telling how hard the pump could be.

What do you expect iconomi will trade at?

[MoveCrypto]

I'm thinking this will go below ico when it hits exchanges due to problems and great uncertainty.  I might be more optimistic after funding closes and we get more information

[MrPresident]

Just as an example or note:

Lisk collected approx 6m in their ICO and they still trade at above .0004 at present after 3 months on exchanges...  still well over 3x ICO prices even without having a working product yet. Sure, there was a dump, after two trips to around 400 Bitcoin per token it then "dumped" to reasonable profit areas.
image edited

So when you hear newbs talking about "the Lisk ICO dump", you will now know wtf it REALLY was.
The facts are that Lisk traded at over 55 Bitcoin for over 3 days on Polo topping at 400, and still carry a 3x return for ICO investors... just sayin'. I call that a PUMP, not a Dump.

The difference here is that Iconomi will be launching with a working product... unlike EVERYONE ELSE
There is nothing here complicated to develop. Think of it as "What the DAO should have been"
There's no telling how hard the pump could be.

What do you expect iconomi will trade at?

I can only speculate, but I'd conservatively estimate a minimum of 5x or more... possibly plenty more.
Here's the thing... Dividends will be paid to token holders on a WEEKLY basis regardless of the funds performance.
There's nothing else like this, anywhere.
I challenge anyone here to prove me wrong.

[MalReynolds]

5.5m usd / 85,000 tokens = $.0647 approx. usd per token at present

Um...your result is right but your calculation is wrong.  Should be 5.5m usd / 85,000,000 tokens = $.0647 per token.

This ICO is interestingly similar to the Lisk ICO six months ago when BTC price was roughly half what it is today.  Both Lisk and ICONOMI will raise on the order of $5.5M and have a launch price of 7 cents per token.  However, an important point:  ICONOMI has a little over 2000 participants, while Lisk had twice as many at 4,000 or so.  ICONOMI is going to have 2000 fewer people wanting to dump at launch than Lisk did, and the average ICONOMI holder paid on average twice as much for their share as the average Lisk holder.  More people are going to go to the exchanges to purchase their initial ICN than was the case with LSK, and thr ICO holders are probably less motivated to sell since they may have bought it as a long-term hold.

<Grabs popcorn>.....

[MoveCrypto]

Just as an example or note:

Lisk collected approx 6m in their ICO and they still trade at above .0004 at present after 3 months on exchanges...  still well over 3x ICO prices even without having a working product yet. Sure, there was a dump, after two trips to around 400 Bitcoin per token it then "dumped" to reasonable profit areas.
image edited

So when you hear newbs talking about "the Lisk ICO dump", you will now know wtf it REALLY was.
The facts are that Lisk traded at over 55 Bitcoin for over 3 days on Polo topping at 400, and still carry a 3x return for ICO investors... just sayin'. I call that a PUMP, not a Dump.

The difference here is that Iconomi will be launching with a working product... unlike EVERYONE ELSE
There is nothing here complicated to develop. Think of it as "What the DAO should have been"
There's no telling how hard the pump could be.

What do you expect iconomi will trade at?

I can only speculate, but I'd conservatively estimate a minimum of 5x or more... possibly plenty more.
Here's the thing... Dividends will be paid to token holders on a WEEKLY basis regardless of the funds performance.
There's nothing else like this, anywhere.
I challenge anyone here to prove me wrong.

Dividends are only guaranteed from the iconomi.index fund, which takes a management fee regardless

If funds where the fee is a performance fee take a loss, like iconomi.performance, then the dividends would be 0 coming out of that fund.  And ICN token price would drop enough to more than cancel out gains from any dividends if the funds suffer losses for whatever reason

[MrPresident]

5.5m usd / 85,000 tokens = $.0647 approx. usd per token at present

Um...your result is right but your calculation is wrong.  Should be 5.5m usd / 85,000,000 tokens = $.0647 per token.

This ICO is interestingly similar to the Lisk ICO six months ago when BTC price was roughly half what it is today.  Both Lisk and ICONOMI will raise on the order of $5.5M.  However, an important point:  ICONOMI has a little over 2000 participants, while Lisk had twice as many at 4,000 or so.  ICONOMI is going to have 2000 fewer people wanting to dump at launch, and the average ICONOMI holder paid on average twice as much for their share as the average Lisk holder.  More people are going to go to the exchanges to purchase ICN than LSK, and the ICO holders are probably less motivated to sell since they may have bought it as a long-term hold.

<Grabs popcorn>.....

Haha, thanks for the correction Mal...  forgot a few zeros (at least the result was right eh?)
 
Here's something else that may be of interest...

[MrPresident]

Just as an example or note:

Lisk collected approx 6m in their ICO and they still trade at above .0004 at present after 3 months on exchanges...  still well over 3x ICO prices even without having a working product yet. Sure, there was a dump, after two trips to around 400 Bitcoin per token it then "dumped" to reasonable profit areas.
image edited

So when you hear newbs talking about "the Lisk ICO dump", you will now know wtf it REALLY was.
The facts are that Lisk traded at over 55 Bitcoin for over 3 days on Polo topping at 400, and still carry a 3x return for ICO investors... just sayin'. I call that a PUMP, not a Dump.

The difference here is that Iconomi will be launching with a working product... unlike EVERYONE ELSE
There is nothing here complicated to develop. Think of it as "What the DAO should have been"
There's no telling how hard the pump could be.

What do you expect iconomi will trade at?

I can only speculate, but I'd conservatively estimate a minimum of 5x or more... possibly plenty more.
Here's the thing... Dividends will be paid to token holders on a WEEKLY basis regardless of the funds performance.
There's nothing else like this, anywhere.
I challenge anyone here to prove me wrong.

Dividends are only guaranteed from the iconomi.index fund, which takes a management fee regardless

If funds where the fee is a performance fee, like iconomi.performance, take a loss then the dividends would be 0 coming out of that fund.  And ICN token price would drop enough to more than cancel out gains from any dividends if their funds take losses for whatever reason

Yes indeed...  the method for that has yet to be fully revealed, but that would be a bonus in my book because normally there wouldn't be any weekly dividend to cover any losses at all!  



Oooooohh; Cmon baby...

[MalReynolds]

FWIW, here's the top 25 BTC contributions:

Time: 2016-09-01 01:11:16   243.14565210
Time: 2016-08-31 16:34:34   236.68470074
Time: 2016-09-01 01:43:40   181.32284755
Time: 2016-09-11 15:56:49   149.99935536
Time: 2016-09-11 15:34:56   99.99935536
Time: 2016-09-02 14:54:44   77.49980620
Time: 2016-08-31 23:08:15   51.23869221
Time: 2016-09-22 20:26:24   41.89970722
Time: 2016-09-21 20:43:49   41.69970620
Time: 2016-09-24 21:11:34   41.44970722
Time: 2016-09-23 22:12:52   41.44970722
Time: 2016-08-28 22:36:57   30.09980722
Time: 2016-08-26 09:08:40   29.99980722
Time: 2016-08-30 17:15:10   27.93554649
Time: 2016-08-26 02:18:08   24.99965626
Time: 2016-09-01 02:55:53   23.64308430
Time: 2016-08-31 19:56:06   22.39620053
Time: 2016-08-31 14:54:23   21.45268319
Time: 2016-09-01 00:14:39   20.96430893
Time: 2016-09-07 13:41:29   20.81950530
Time: 2016-08-25 07:56:33   20.57743292
Time: 2016-09-25 18:04:34   20.40155677
Time: 2016-08-30 14:10:03   20.09959566
Time: 2016-08-25 12:14:42   20.02930530
Time: 2016-09-13 07:02:01   19.99980722

These 25 contributions represent 1529.8 BTC or around 41% of the total 3730 BTC donated.

1315 of the 1548 BTC contributions (around 85%) are 3 BTC or less.

That guy making 41 BTC contributions is bumping up against the $25K Polo Tier 3 daily withdrawal limit.  Wonder who he is.

[MrPresident]

FWIW, here's the top 25 BTC contributions:

Time: 2016-09-01 01:11:16   243.14565210
Time: 2016-08-31 16:34:34   236.68470074
Time: 2016-09-01 01:43:40   181.32284755
Time: 2016-09-11 15:56:49   149.99935536
Time: 2016-09-11 15:34:56   99.99935536
Time: 2016-09-02 14:54:44   77.49980620
Time: 2016-08-31 23:08:15   51.23869221
Time: 2016-09-22 20:26:24   41.89970722
Time: 2016-09-21 20:43:49   41.69970620
Time: 2016-09-24 21:11:34   41.44970722
Time: 2016-09-23 22:12:52   41.44970722 166 btc
Time: 2016-08-28 22:36:57   30.09980722
Time: 2016-08-26 09:08:40   29.99980722
Time: 2016-08-30 17:15:10   27.93554649
Time: 2016-08-26 02:18:08   24.99965626
Time: 2016-09-01 02:55:53   23.64308430
Time: 2016-08-31 19:56:06   22.39620053
Time: 2016-08-31 14:54:23   21.45268319
Time: 2016-09-01 00:14:39   20.96430893
Time: 2016-09-07 13:41:29   20.81950530
Time: 2016-08-25 07:56:33   20.57743292
Time: 2016-09-25 18:04:34   20.40155677
Time: 2016-08-30 14:10:03   20.09959566
Time: 2016-08-25 12:14:42   20.02930530
Time: 2016-09-13 07:02:01   19.99980722

These 25 contributions represent 1529.8 BTC or around 41% of the total 3730 BTC donated.
1315 of the 1548 BTC contributions (around 85%) are 3 BTC or less.
That guy making 41 BTC contributions is bumping up against the $25K Polo Tier 3 daily withdrawal limit.  Wonder who he is.

... I instantly guessed it was you. hehe

[forzendiablo]

where is some exchange

this is a joke or what

[retardsystem]

where is some exchange

this is a joke or what

Ico is still ongoing, listing on exchanges will happen after ico ends.

Iconomi is not a joke, you are making a joke.

[MrPresident]

I can't help but think that traditional investment institutions would see Iconomi.index and iconomi performance.funds as a tempting entry point into crypto-investing.

[MalReynolds]

BTC collected by day, with weekly totals....

08-25   170.73939272      
08-26   113.04201616      
08-27   73.22136229      
08-28   72.34022464      
08-29   115.43385441      
08-30   230.07932106      
08-31   735.67607291      1510.532244190
         
09-01   553.62625017      
09-02   104.18430954      
09-03   22.18769825      
09-04   17.07523263      
09-05   57.58769283      
09-06   62.73234800      
09-07   120.78541970      938.178951120
         
09-08   73.11151300      
09-09   36.30845104      
09-10   16.13664710      
09-11   298.91219413      
09-12   54.52485562      
09-13   82.65178645      
09-14   73.17672000      634.822167340
         
09-15   48.82857572      
09-16   13.34205205      
09-17   18.27929594      
09-18   32.12106996      
09-19   21.42752539      
09-20   43.11696256      
09-21   81.16794226      258.283423880
         
09-22   110.86156244      
09-23   106.15480397      
09-24   118.01451967      
09-25   57.60247701      
26-Sep   ?      
27-Sep   ?      
28-Sep   ?      392.633363090