[ANN] ICONOMI - Fund Management Platform

[honolulumark]

>2 months
shit
Hope this dividends are like a 1$ per token.

I see many are talking about dividends and retiring while I am sure most of them have some thousands ICNs (maybe). I am not sure what dividends people are expecting ... I doubt the value will be higher than a few cents / ICN / year. So really ... what money that would mean ... ? few $ / year for some one that invested few hundreds usd ? that is peanuts ... in risk / reward terms its just doesn't worth. Lets be honest ... dividends are for those that have > 100k-250K ICN ... for the rest the real value is in trading (selling high buying low). And I am talking about people at least in Africa and Est Europe where few hundred USD / year profit actually means something in practical terms and not for the western countries where this kind of profit would probably mean a couple of evening dinners at an average restaurant.

Even if its just a cent its still good for that proves someone that holds ICN can earn doing nothing  but just hold.

Its not earning for doing nothing. You didn't do anything to earn those BTC/USD/ETH with which you bought the ICNs? When you invested 3-4 BTC and you end up earning few dollars a year ... that is peanuts. What do you think the ROI will be ? 3-5 years ? That is BS ... that is an eternity in crypto world. The ROI has to be less than a year, and hope for at least another year of profits until all goes to shit. You will not retire after investing few BTC in an ICO ... neither will you have any Lambos from such activity. If you were able to invest a really big chunk of money in this ... you probably already have a Lambo or something similar, and most probably do not read BTT

My thoughts exactly, still, this is cryptoworld, if I wanted regular dividends and ROI I'd put my money in Microsoft.

[kalpit]

just an easy question.
im holding some icn at kraken. first when dividends starts? second where should i hold icn for getting dividends? as i understand we not receiving anything before 2017 am i right?

First dividends would start in end of December or beginning of January.
For receiving dividends you must hold them in a wallet for which you hold private keys.

Example of accepted wallets: Mist, my ether wallet,..
Examples of wallet not accepted: Jaxx, any exchange (except Liqui, Liqui is claiming that it would give dividends to users)

Yeah, most probably in starting of January 2017 as I wrote above.

[Rankhor]

Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!

[MalReynolds]

For one year, it is possible to get $ 1 per ICN dividends.
 
Me too will be very satisfied with $ 0.1 weekly dividends per ICN.

I've already written this about ICN dividends:

https://www.reddit.com/r/ICONOMI/comments/5bi5em/what_defines_success_for_icnp/?st=ivdx8vk1&sh=07c6dbb9

As the article above discusses,  ICNP needs to go from its initial $4.6M to 2.7X during 2017 for a 15% annual dividend and 3.7X during 2017 for a 25% annual dividend.  Hitting 3.7X would make ICN a better dividend asset than any stock on NASDAQ and make ICONOMI a rock-star crypto on Wall Street.  

So let's look at the rock-star crypto 3.7X case.  $4.6M X 3.7 = $17M.    Profit is $17M - $4.6M = $12.4M.    Dividends to be distributed during 2017 would be 20% of that profit or $12.4M*0.20 = $2.5M.  These dividends would be distributed over 100M ICN tokens so each ICN token would receive $2.5M / 100M = 0.025 USD = 2.5 cents per ICN token over ALL of 2017.  If there was a constant weekly distribution of dividends over the 52 weeks in 2017, then the weekly distribution for each ICN would be 0.025 USD / 52 = 0.0005 USD per week or one-twentieth of a penny per week per ICN.  

So to equal the very best dividend stock on NASDAQ, ICONOMI must provide dividends per individual ICN token of $0.0005 USD per week or 0.025 USD total during all of 2017.

This analysis ignores other income streams besides ICNP.  This also ignores buying still more ICN weekly with your dividends for a compounding effect.

Getting back to the quote at the top of this post, EVERYBODY would be very satisfied with $0.10 weekly dividend per individual ICN.  This would mean ICONOMI would be paying out out $0.10 * 52 = $5.20 during 2017 on each ICO $0.1257 ICN token.  They would need $5.20 * 100M = $520M in cash to distribute as dividends to meet this 0.10USD per week per ICN target.  If this half-billion dollar dividend pool came from 20% of ICNP total profits, then the ICNP profits need to be $520M/0.2 = $2.6 billion.  With a B.  Growing the ICNP from its current $4.6M to $2.6046B is a multiplier of 566X, in a direct comparison of the 3.7X multiplier above that would make ICONOMI a NASDAQ rock star.

Hope is a good thing for the human mind to have.  Math is a better thing for the human mind to have.

Now, is ICN a panic sell if they can't hit a ridiculous 566X profit multiplier and turn ICNP into a multi-billion dollar fund in under 12 months to feed everybody's totally unrealistic dreams of $0.10 weekly profits per ICN?  Not at all.

ICN IS NOT A PANIC SELL WHEN YOU SUDDENLY REALIZE THE TRUTH ABOUT IT.   IT IS A DEFINITE BUY.

ICONOMI is not aimed at crypto children that don't know enough math to realize when their dreams are ridiculous.  ICONOMI is aimed at traditional fiat investors that currently have WAY WAY WAY more money to invest than the entire total in crypto right now.  And those traditional fiat investors are all crazy starved for income yield since the central banks have collapsed interest rates to zero over the past eight years.  

IF ICONOMI CAN HIT A 3.7X MULTIPLIER FOR ICNP TO BECOME BETTER THAN ANY OTHER NASDAQ DIVIDEND INVESTMENT, TRADITIONAL INVESTORS WILL POUR HUGE AMOUNTS INTO BUYING UP ICN TOKENS TO SECURE THAT DIVIDEND LEVEL FOR THEMSELVES.

Traditional fiat investors do not live in the crypto dream fantasy world of hoping for 566X multipliers on crypto-ICO performance funds.  They live in the real world where they will pour HUGE sums of money into purchasing any investment that can give them a 25% annual return on their money.  

That may be ICN tokens very soon, if ICONOMI can turn $4.6M into $17M during 2017 by investing ICNP funds into startup crypto efforts.

And you certainly should not panic about putting your money into something that could quite easily give you 25% or more return on your investment annually.

I am HODLING.

[favdesu]

Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!

you don't get how ICN operates, I'd recommend reading the FAQ & WP.

also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.

[samuraijin]

I have not seen about the future of this, my friend let me know by being part of this thread
 

[gbdesai]

>2 months
shit
Hope this dividends are like a 1$ per token.

I see many are talking about dividends and retiring while I am sure most of them have some thousands ICNs (maybe). I am not sure what dividends people are expecting ... I doubt the value will be higher than a few cents / ICN / year. So really ... what money that would mean ... ? few $ / year for some one that invested few hundreds usd ? that is peanuts ... in risk / reward terms its just doesn't worth. Lets be honest ... dividends are for those that have > 100k-250K ICN ... for the rest the real value is in trading (selling high buying low). And I am talking about people at least in Africa and Est Europe where few hundred USD / year profit actually means something in practical terms and not for the western countries where this kind of profit would probably mean a couple of evening dinners at an average restaurant.

Even if its just a cent its still good for that proves someone that holds ICN can earn doing nothing  but just hold.

Its not earning for doing nothing. You didn't do anything to earn those BTC/USD/ETH with which you bought the ICNs? When you invested 3-4 BTC and you end up earning few dollars a year ... that is peanuts. What do you think the ROI will be ? 3-5 years ? That is BS ... that is an eternity in crypto world. The ROI has to be less than a year, and hope for at least another year of profits until all goes to shit. You will not retire after investing few BTC in an ICO ... neither will you have any Lambos from such activity. If you were able to invest a really big chunk of money in this ... you probably already have a Lambo or something similar, and most probably do not read BTT

My thoughts exactly, still, this is cryptoworld, if I wanted regular dividends and ROI I'd put my money in Microsoft.

I'm stunned that people on the forum are just speculating on dividends per ICN. Not you, but others in this thread.

There are two ways to make revenue for Iconomi.  One is collecting 2% of everything invested and up to 20% of profit generated from the performance fund.

So lets say they automatically start the performance fund with the $5M USD they had at the end of the crowsale.  

Annually they would be collection 2% of that which is $100K, initially there is no profit, but let's say we look 6 months out and they double the investment fund size and also make a 25% profit on the perf fund.  So $10M invested @ 2%  = $200K + $10M * 0.25 * 0.2 (which represents 20% perf fee on the 25% profit) = $200K + $500K = $700K that is annualized revenue, now revenue - expense = profit so will they pull out money for the salaries of 30 people? If so, that $700K goes bye bye.  

For kicks, let's assume that $700K goes straight to token holders instead.  $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.

Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.

[Rankhor]

Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!

you don't get how ICN operates, I'd recommend reading the FAQ & WP.

also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.

I don't think that is just another shitcoin ico, they raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?

[gbdesai]

Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!

you don't get how ICN operates, I'd recommend reading the FAQ & WP.

also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.

I don't think that is just another shitcoin ico, their raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?

Yes, that's exactly what the Iconomi Performance fund is about.

[honolulumark]

For kicks, let's assume that $700K goes straight to token holders instead.  $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.

Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.

make that $700k/87,000,000

If they're smart enough,  they'll choose to forfeit their part of the dividends for the first few years.

[gbdesai]

For kicks, let's assume that $700K goes straight to token holders instead.  $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.

Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.

make that $700k/87,000,000

If they're smart enough,  they'll choose to forfeit their part of the dividends for the first few years.

Doesn't make it much more attractive, but yes theoretically, but the payments are based on a smart contract so I doubt they programmed in an exception like that, an ICN is an ICN in that contract.

And like I said earlier, I don't know how they keep afloat without subtracting costs from revenue, so I don't see how we'll be paid anything at all for a while unless they are pulling salaries from the first $5M of the ICO for a year or two.

[kalpit]

I am HODLING.

I just realised that what I wrote us unrealistic , I made some serious mistakes.
I had mistakenly , just thought price of  ICN was 0.012 Btc ( actually it was 0.12 USD / icn)
My calculations in that posts were based on that.
So, what I meant about 12 %   returns yearly is possible in first year. (What I actually meant with $ 1/year)
I would be satisfied with 60% returns yearly. (What I actually meant with $0.1 weekly)

Sorry, my bad.

Yes, your post is great. I had read it.

Edit: Today, I saw that you are the escrow of ARK. Great!

[mtnsaa]

For kicks, let's assume that $700K goes straight to token holders instead.  $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.

Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.

make that $700k/87,000,000

If they're smart enough,  they'll choose to forfeit their part of the dividends for the first few years.

Doesn't make it much more attractive, but yes theoretically, but the payments are based on a smart contract so I doubt they programmed in an exception like that, an ICN is an ICN in that contract.

And like I said earlier, I don't know how they keep afloat without subtracting costs from revenue, so I don't see how we'll be paid anything at all for a while unless they are pulling salaries from the first $5M of the ICO for a year or two.

I don't see a lot of profits coming from the actual performance and index funds initially (unless they really can get some big whales investors) but if Iconomi is popular and becomes similar to eToro or Zulutrade for crypto then the sky is really the limit. Who wouldn't want to get a share of Poloniex or eToro business? haha

[Crypto_MERC]

It is just too early in this token's lifecycle to make predictions on the amount of dividends to be paid to shareholders.

Just sit back and chill and let it work itself out.  ICN has a killer team behind it, but we as true investors need to be patient.

[tradoz]

So this one have huge potential great know about ICN dividends. Now I'm buying more to get more benefit just for holding them and get rewarded in long term to make my life more easier with this project.

[electronicash]

It is just too early in this token's lifecycle to make predictions on the amount of dividends to be paid to shareholders.

Just sit back and chill and let it work itself out.  ICN has a killer team behind it, but we as true investors need to be patient.

Okay. it seem like the fudsters just disappear when you guys all discussed about dividends lol.. I guess they too are reading the whole on going discussion.
Most of them are holders as well so now that you guys knew you only get 0.10$ a week. time for you to dump it all

[Rankhor]

Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!

[disconnectme]

Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!

you don't get how ICN operates, I'd recommend reading the FAQ & WP.

also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.

I don't think that is just another shitcoin ico, they raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?

Please don't be carried away with Golem ICO, I remember vividly the success of Singularity ICO, it also raised $7 million in 30 mins and the price is now 50% below the ICO price. Whales are the ones determining the prices of the tokens and not the fundamentals which is something that bothers me

[disconnectme]

Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!

The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon

[favdesu]

Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!

The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon

yeah, the success of the follow-up products will decide the value, not some retarded daytraders