5thangel
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October 31, 2016, 03:10:49 PM |
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Let's talk about ICONOMI dividends. First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each. The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M. There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP. Here's the key question: What dividends must ICNP yield to be considered a success? My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed... So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?" Well, that's just straight algebra. (0.2) * (2017 ICNP Profit) = (0.23) * $10.68M 2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M. That's a 3.67X multiplier. BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.67X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because it's about to become a better dividend producer than any stock on NASDAQ. Including Credit Suisse.(And if YOU think YOU can run a crypto fund that will hit 3.67X during 2017, then YOU need to get your fund on the ICONOMI platform!) very good post,as usual
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MalReynolds
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October 31, 2016, 03:15:13 PM |
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Edited to add:
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for its $4.6M ICNP fund in 2017.
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bittraffic
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October 31, 2016, 03:43:06 PM |
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I hope ICN will RISe in less than 6 months though. My worry about about been listed on other big exchanges, is that Bittrex has not signified interest to list ICN, we all know Bittrex is not that hard to list your tokens on, Antshares is now on Bittrex
Bittrex only needs 3 btc to list a token of any kind, they might not even bother whether its a potential scam or not. Bittrex sees antshare a good opportunity for it has the support of the Chinese community.
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digaran
Copper Member
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Activity: 1330
Merit: 899
🖤😏
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October 31, 2016, 03:44:40 PM |
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I haven't seen any #Iconomi advertisements/Banners any where, are you guys going to stay idle in marketing or what?
And for those noobs asking all the time for those 2 exchanges I have to tell you that all the traders in there know about Iconomi and wouldn't mind to buy or sell at kraken if has any value.
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🖤😏
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andraxyz
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Activity: 91
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October 31, 2016, 03:53:48 PM |
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Let's talk about ICONOMI dividends. First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each. The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M. There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP. Here's the key question: What dividends must ICNP yield to be considered a success? My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed... So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?" Well, that's just straight algebra. (0.2) * (2017 ICNP Profit) = (0.23) * $10.68M 2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M. That's a 3.7X multiplier. BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!) This is the answer i was looking for. Thank you very much! I think its completely possible for a crypto fund managed by experts to yield a 4x return. (although I think it would be unrealistic to expect it every year). But on the bright side, people will probably invest more into this fund when they see positive results, which means same dividends at lower yield of the fund. Then if we add the open trading platform into the picture, DAMN! I am gonna hold my ICN (which was my plan all along) and now, with your more detailed explanation I think Im gonna add some. I think I won't regret this in a year or two.
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puthupanth
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October 31, 2016, 03:54:06 PM |
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It's not damn rocket science, the reason its not on polo or bitrex is because DEVS don't want it to be,,, i want ICN to delay it as much as possible. Price has gone up on kraken and i need more damn cheap ICN's. When it does go on polo and it will, it will blow the roof. In the meantime we need to flush out the pricks who want to dump. If everyone and I mean the majority hold on to their ICN's and don't sell what do you think will happen when it hits exchanges? It will go up. This is a fantastic project and the ICONOMI team knows what it is doing. BTW Kraken does not add shitcoins and that is a big sign where this token is going,,, UP!!!!
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Xtrata
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October 31, 2016, 03:56:32 PM |
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I haven't seen any #Iconomi advertisements/Banners any where, are you guys going to stay idle in marketing or what?
And for those noobs asking all the time for those 2 exchanges I have to tell you that all the traders in there know about Iconomi and wouldn't mind to buy or sell at kraken if has any value.
I can tell you that you are very wrong, a lot of people do not like to trade on Kraken, value or not.
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veeral
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October 31, 2016, 04:13:24 PM |
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Let's talk about ICONOMI dividends. First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each. The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M. There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP. Here's the key question: What dividends must ICNP yield to be considered a success? My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed... So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?" Well, that's just straight algebra. (0.2) * (2017 ICNP Profit) = (0.23) * $10.68M 2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M. That's a 3.7X multiplier. BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!) Very good post. I have done questions, can you answer it One) Do you mean we would reach ROI within an year? Two) Iconomi team hasn't converted the currencies collected in ICO,. So they have total 10.7 (aprox) million out off which 10k btc would be reserved for development. So for the performance fund they have 10,700,000 - 10,000*710 = $3,600,000 Am i right?
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MrPresident
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October 31, 2016, 04:47:30 PM |
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Bittrex only needs 3 btc to list a token of any kind, they might not even bother whether its a potential scam or not.
What makes you think that hasn't been paid already? There are reasons for everything... The volume of trade in kraken is down every day! that's because sells are slowing lookin tight from my chair:
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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jacaf01
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October 31, 2016, 05:09:24 PM |
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and polo dont want to promote ICN because ICONOMI is a flatform that can FAR out perform Polo
I disagree with you, ICONOMI offers more to Poloniex than Poloniex offers to ICONOMI, can you imagine the commission poloniex is going to get from someone trading with over 10KBTC on their exchange and they make money whether that person is making profit or losing money 10 kbtc ? What are you saying? Daily volume of ICN trades is very low now. It's only $67,000 at this moment compared to $250,000 ,a week ago. Which means it was earlier about 350 btc/24 hr and now it's only 95 btc/ 24 hrs. Coming onto the commissions, Polo charges 0.4% fees which means .38 btc daily, definitely a very small amount for polo. Still I'm sure Poloniex would list it, as the trade daily volume would rise soon in the near future. It would be like acquiring the market today and later make big profits. Poloniex has also listed some shit coin with Daily volume less than 1 btc. So there is only one reason to not list ICN, since is a share of company. We can accelerate things if Iconomi team helps polo out in legal matters. Nevertheless, Polo has its own lawyers, they can take of the legal matters. So, let's hope ICN is listed on Poloniex and Bitrix at least after 2-3 months (I'll trade ICN 2-3 months later, seeing it's performance) The issue with the drop in volume is because we have only real investors in the market now, not bounty dumpers that are looking for quick cash, the 10000BTC I'm was even referring to is the performance fund, they want to invest in Altcoins
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freebutcaged
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October 31, 2016, 05:35:10 PM |
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I want some dividends, where are my dividends man more than a week and no dividends?
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Jengo
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October 31, 2016, 05:37:10 PM |
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I want some dividends, where are my dividends man more than a week and no dividends?
Go get a job.
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MGM
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October 31, 2016, 05:45:09 PM |
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Looks like people starting to realize ICN listing on Poloniex is coming soon. I feel sorry for anyone who sold on Kraken. ICN will hit the moon on Poloniex
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MrPresident
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October 31, 2016, 06:00:58 PM |
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The buy wall has moved to 0.000176! Going up! Going up!
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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MrPresident
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October 31, 2016, 06:05:55 PM |
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I want some dividends, where are my dividends man more than a week and no dividends?
You didn't get yours yet? I'm at the Lambo dealer right now spending mines. Owait, that was a dream. Dividends will be happening by Q1
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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Marvintymo
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October 31, 2016, 06:10:17 PM |
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I have to say Iconomi has been showing themselves to be the most intelligent ico company ive seen to date. They have incredible forsight and appear to be quite clever in their task execution. I can't wait to see how they propel Iconomi forward in the next 12 months.
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marcus1986
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October 31, 2016, 06:16:15 PM |
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Let's talk about ICONOMI dividends. First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each. The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M. There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP. Here's the key question: What dividends must ICNP yield to be considered a success? My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed... So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?" Well, that's just straight algebra. (0.2) * (2017 ICNP Profit) = (0.23) * $10.68M 2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M. That's a 3.7X multiplier. BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!) Nice post and a lot of information for thinking. Thanks a lot for it.
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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October 31, 2016, 06:22:53 PM Last edit: October 31, 2016, 06:46:02 PM by MalReynolds |
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I have done questions, can you answer it
One) Do you mean we would reach ROI within an year?
Two) Iconomi team hasn't converted the currencies collected in ICO,. So they have total 10.7 (aprox) million out off which 10k btc would be reserved for development. So for the performance fund they have 10,700,000 - 10,000*710 = $3,600,000 Am i right?
One) Return on Investment (ROI) will occur weekly starting January 2017 for ICNP. I think. How much ROI we get depends on how much ICNP profit there is. Nobody can predict that. From my calculation above, if ICONOMI grows ICNP by 2.7X during 2017, we will get a 15% dividend return in 2017 on our original ICO payment. If ICONOMI grows ICNP by 3.7X during 2017, we will get a 23% dividend return in 2017 on our original ICO payment. If these targets are hit, ICONOMI will be a very, very solid dividend investment by Wall Street standards. And this does not include the ICN tokens you hold going up in price themselves on the exchanges as you earn dividends from them. It also does not include dividends from fees gathered by ICONOMI from other funds using their platform to reach fiat investors. Two) ICNP is originally funded from around 7657 BTC gathered during ICO. At the end of ICO on Sept 29, Bitcoin was at 605 USD per BTC so the value of ICNP was 7657 * 605 = $4.6M. Over the past month Bitcoin has appreciated from 605 USD per BTC on Sept 29 to 707 USD per BTC today on Oct 31. The value of ICNP today is thus 7657 * 707 = $5.4M today. So the value of ICNP is up by $800K in a month due only to Bitcoin appreciation.
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MrPresident
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October 31, 2016, 06:23:39 PM |
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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Marvintymo
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October 31, 2016, 06:43:06 PM |
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Let's talk about ICONOMI dividends. First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each. The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M. There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP. Here's the key question: What dividends must ICNP yield to be considered a success? My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed... So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?" Well, that's just straight algebra. (0.2) * (2017 ICNP Profit) = (0.23) * $10.68M 2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M. That's a 3.7X multiplier. BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!) Nice post and a lot of information for thinking. Thanks a lot for it. Just for fun, check out this video I made about ICONOMI - https://animoto.com/play/wcLv6hRMKJewsY6NNAJ6Ew
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