[ANN] ICONOMI - Fund Management Platform

[MrPresident]

Also remember that Team Iconomi will be kicking this off with 2 funds and adding more, each paying the 20%APR fee feeding partly into the ICN shares. As these funds marketcaps grow, so will the dividends.
In a nutshell, the dividends will be attracting a very large percentage of long term Bitcoin holders, as well as new blood from Wall-Street and crypto-newbs globally.

[Wall-Street]

What's the current ICO price for ICN in US dollars?

10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say

Your calculation is wrong.

You're supposed to divide by 85m, not 100m

10,682,516 / 100 000 000 = 0.1068 $ per 1 ICN / penny stock i would say

$10,682,516 represents just 85% of ICN total supply.

The final ICO price was like $0.17

[cryptospreader_temp]

Speculations don't help in these days. You need to trust the coin and the dev team first. Keep holding the coin for a long time.

[XbladeX]

....

$10,682,516 represents just 85% of ICN total supply.

The final ICO price was like $0.17

Are you able to trade just that 85m or you will start with 100m?
Who added value of those 15m ? How much costed that 15m ICN ?
So what is average price of ICN at end?

This is like with FED printing you just add some value here is 15m of ICN and value of your ICN is dropping at end.

[MrPresident]

Offtopic notice:


Btc mooning....


ICN value already rising then too 

[mirrorcrax]

Having been around other ICOs like LSK and Waves I would say price following launch will reach 100usd then 1000usd when it hits poloniex then 10000usd when it's discovered by Chinese exchanges. But those are just shy estimates because ICN is very unique and the market will eat it up.

100usd or 1000usd for ICN is impossible. you need to see lots of things while talking like that.
you must have to see the total calculation of ICN token.. bitcoin price is only 600$ but the total bitcoins are only 20Million. and ICN have 100 million token supply..
the demand of currency also effect this but reaching to 1000Usd is just a dream.

Was being cynical but ok let's go ... lambos for alllllll

[XbladeX]

Offtopic notice:


Btc mooning....
....

Tell me genius what is going with alts when BTC is mooning ?
Tell me how much of ICN index is BTC ?
And why you think that will moon some of ICN index.


we need massive BTC pump then iconomi index will rocket after party 5% is not big move as for BTC

[Wall-Street]

....

$10,682,516 represents just 85% of ICN total supply.

The final ICO price was like $0.17

Are you able to trade just that 85m or you will start with 100m?
Who added value of those 15m ? How much costed that 15m ICN ?
So what is average price of ICN at end?

This is like with FED printing you just add some value here is 15m of ICN and value of your ICN is dropping at end.

No one besides ICONOMI team knows the exact ICO price because it has to be weighed against bonuses as explained in this calculation:

https://medium.com/iconominet/token-share-calculation-affd1c96c482#.3hfem9sni

My calculations show that final ICO price was around $0.17

[MrPresident]

Offtopic notice:


Btc mooning....
....

Tell me genius what is going with alts when BTC is mooning ?
Tell me how much of ICN index is BTC ?
And why you think that will moon some of ICN index.

The bulk of the ico was in btc, and all crypto's are measured against that. Being that icn hasn't launched yet, the value is locked to the btc exchange rate until the first trade, inherently increasing the value as bitcoin rises.... Pinky.  

If we recalculated the ico right now, it would be more than the 10.5m because of the btc rise.

[XbladeX]

....

My calculation is simple for outside investor:
behind coins are 10.5m$ is real asset , we have 100m of shares.
So for outside investor 1 ICN is 10.5m$/100m ~0.1$...

Real investor need up 15%-25% to cover loss becouse of free tokens.
New investors doesn't care how much you have payed but how much ICN is worth now and is worth 10.5m$ in assets

[scambust]

Can we get confirmed if it is possible to keep your ICN on the platform until it hits an exchange and then add the adress from the exchange when its actually live there on the exchange and still have the same chance to transfer funds as anyone else?

Expect DDOS attempt on ICO site.

[MrPresident]

Can we get confirmed if it is possible to keep your ICN on the platform until it hits an exchange and then add the adress from the exchange when its actually live there on the exchange and still have the same chance to transfer funds as anyone else?

Expect DDOS attempt on ICO site.

Good point to remember, and another reason to just either keep them on the site or use an approved wallet. Distribution will be unaffected by that unless a new improved DDoS is launched against ETH and sustained.

[Wall-Street]

....

My calculation is simple for outside investor:
behind coins are 10.5m$ is real asset , we have 100m of shares.
So for outside investor 1 ICN is 10.5m$/100m ~0.1$...

Real investor need up 15%-25% to cover loss becouse of free tokens.
New investors doesn't care how much you have payed but how much ICN is worth now and is worth 10.5m$ in assets

This was posted before:

Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

Why are you dividing the total sum raised by 85,000,000? the 15% of ownership that will be retained by the core dev team will come out of the total sum raised as well.

Um, that ain't how it works.  The devs agree to mint 100M tokens.  The total collected during the ICO pays for only 85M ICN tokens of that 100M total to be distributed among investors.  The presumed market cap is bumped up to cover the remaining 15M ICN.  So ICONOMI raised $10.25M in their ICO and goes to the exchange with a presumed market cap of $10.25M / 0.85 = $12M.  Starting fair price on the exchange is $12M / 100M ICN = 0.12 USD per ICN.  With BTC at $605 USD each, the ICN price equivalently is 0.12 / 605 = 0.0002 (approx.) BTC per ICN or 20K satoshi each.

The devs get $10.25M in cash to spend in their operations AND ownership of 15M ICN tokens as their founder reward that is their personal property.  Their personal reward is separate from their operating expenses.  

[XbladeX]

....
If we recalculated the ico right now, it would be more than the 10.5m because of the btc rise.

In day when ICO ended it was 10.5$m so nothing realy changed at all

[smokim87]

What's the current ICO price for ICN in US dollars?

10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say

Your calculation is wrong.

You're supposed to divide by 85m, not 100m

10,682,516 / 100 000 000 = 0.1068 $ per 1 ICN / penny stock i would say

$10,682,516 represents just 85% of ICN total supply.

The final ICO price was like $0.17

How is it 17 cents per ICN? Wouldn't that be the price if that collected 17M in the ICO?

[Xtrata]

Can we get confirmed if it is possible to keep your ICN on the platform until it hits an exchange and then add the adress from the exchange when its actually live there on the exchange and still have the same chance to transfer funds as anyone else?

Expect DDOS attempt on ICO site.

Good point to remember, and another reason to just either keep them on the site or use an approved wallet. Distribution will be unaffected by that unless a new improved DDoS is launched against ETH and sustained.

Just feels very risky to add an adress there from a wallet I cannot test yet, thats the reason why I want it to an exchange first and then try the wallet and then send the rest.

[MrPresident]

...plug that into your new calculations...

[MrPresident]

Can we get confirmed if it is possible to keep your ICN on the platform until it hits an exchange and then add the adress from the exchange when its actually live there on the exchange and still have the same chance to transfer funds as anyone else?

Expect DDOS attempt on ICO site.

Good point to remember, and another reason to just either keep them on the site or use an approved wallet. Distribution will be unaffected by that unless a new improved DDoS is launched against ETH and sustained.

Just feels very risky to add an adress there from a wallet I cannot test yet, thats the reason why I want it to an exchange first and then try the wallet and then send the rest.

You will be needing ETH anyway for transfers, (tx gas)that's your test.

[Xtrata]

Can we get confirmed if it is possible to keep your ICN on the platform until it hits an exchange and then add the adress from the exchange when its actually live there on the exchange and still have the same chance to transfer funds as anyone else?

Expect DDOS attempt on ICO site.

Good point to remember, and another reason to just either keep them on the site or use an approved wallet. Distribution will be unaffected by that unless a new improved DDoS is launched against ETH and sustained.

Just feels very risky to add an adress there from a wallet I cannot test yet, thats the reason why I want it to an exchange first and then try the wallet and then send the rest.

You will be needing ETH anyway for transfers, that's your test.

Yeah, which I dont have, or any btc to buy any atm so need it to an exchange as my first step 

[XbladeX]

....


...plug that into your new calculations...

and at every move by 1-3% we will make such noise - come on
if you want fiat investors to cash out then it is good