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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253584 times)
aDAPPter
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November 14, 2016, 06:55:40 PM
 #14481

The buy tsunami wave is growing on Kraken.  This is a great sign.
Only 162 btc on the sell side to 80k sat.  That number shrinks every day.
Tsunami season ahead of us. We have ICNP tsunami, ICNX tsunami, platform access tsunami, first dividends tsunami, OFM tsunami, debit card tsunami, unique offline key generator tsunami..
And then dividends tsunami strikes again. and then again. and again. and again.

I think Iconomi will be announced a tsunami area soon.
ICN is certainly approaching Tsunami area. Hold on to your butts.


You keep moving that arrow to the right
Smiley
Slowly but surely... Tsunami is coming.
Marvintymo
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November 14, 2016, 06:55:53 PM
 #14482

Lets pump it up!

ICN will reach 0.2$ very soon
Wow! Someone just bought through the 255 wall! Here we GO!

http://TheScarabExperiment.org

A Shared Artist Persona for Anyone to Become.
ShooterXD
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November 14, 2016, 06:58:08 PM
 #14483

Lets pump it up!

ICN will reach 0.2$ very soon
Wow! Someone just bought through the 255 wall! Here we GO!

Like i say! Lets pump it up! Haha time to lambo

honolulumark
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November 14, 2016, 06:59:57 PM
 #14484


Wow! Someone just bought through the 255 wall! Here we GO!

Stormspirit
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November 14, 2016, 07:02:47 PM
 #14485

Lets pump it up!

ICN will reach 0.2$ very soon
ICN 2017 5$
BTCSpearo
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November 14, 2016, 07:07:40 PM
 #14486

Is the Iconomi Performance fund already active? I haven't been able to keep up on every last page of the forum and I didn't notice any invite to the fund in my email. It was my understanding that ICO participants were going to be invited to the fund early, this is correct no?
Crypto_MERC
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November 14, 2016, 07:09:34 PM
 #14487

Is the Iconomi Performance fund already active? I haven't been able to keep up on every last page of the forum and I didn't notice any invite to the fund in my email. It was my understanding that ICO participants were going to be invited to the fund early, this is correct no?

It is not live yet.  They made their first investment though.  They plan on 1 more brfore the end of the year.  We will be notified Q1 2017, most likely.
Crypto_MERC
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November 14, 2016, 07:10:35 PM
 #14488

aaaaaaand... It's gone

Awesome!  Bye-bye 25.5k bump in the road.
Daparski
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November 14, 2016, 07:11:13 PM
 #14489

....I will definitely need to have a few btc set aside for when the performance fund is offered to ICO participants."

that is if they will not reach the limit. there are lots of investors waiting to get into it, wanting to be a big player. If I have the btc, i'd be the first even if not invited. but just in case, its a good thing to have btc ready.

Can somebody please explain to me how profits from an expanding ICNP cash pool is going to work?  At the end of ICO, all the BTC above 10K BTC was allocated to the ICNP, about $4.6M total.  OK.  In the near future, there will be weekly dividends distributed among ICN token holders, and those dividends will represent 20% of the profits made by the ICNP for that week. OK.  So far so good.

Now 'let us pretend" about the future.   ICONOMI says they will send out invitations to ICO participants to "invest" more money into the ICNP.   In round numbers, assume that BTC appreciation has turned the original ICNP pool of $4.6M into a nice, round, even $5M today.  Let's also pretend that ICNP accepts / gets an additional $5M from ICO participants to increase the ICNP cash pool.   The ICNP now has $10M, half from the ICO, half from invited participation.

So now it's Jan 2017 and the ICNP makes some profit.  How does that profit flow down to those who have invested in the ICNP?   20% of the profit goes to ICN token holders.  This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair?  Regardless, now we've still got 80% of the profit we have to allocate.  How much of that goes back to invited participants?  And how?  Can the invited participants "give" their share in this profit to somebody else?  If so, how?  By a new "ICNP" token?

Just sharing my writeup here that I am submitting for tomorrow's Reddit AMA...

ICNP will have it's own token (as far as I remember non-tradable). Final numbers of the fund are not yet released, they should be published before the invites are sent.
I believe 80% of the profits will go to ICNP direct investors, and 20% to ICN holders.

Quote
This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair?
I think it is a fair game. 20% is from realized profits, if ICNP has more funds - it is better for ICN holders. Just like ICNX (2% passive fees) - the more money is in the fund, the bigger the profit/ICN is.

Quote from: Jani
ICNP will have it's own value for each token after invested assets become liquid

from your post on reddit:
https://www.reddit.com/r/ICONOMI/comments/5bfdtw/icnp_questions/
mendra_2009
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November 14, 2016, 07:16:55 PM
 #14490

Luck is in your hands that still hold some iconomi, don't cry for those who have been selling at rate of 15k  Grin

Crypto_MERC
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November 14, 2016, 07:24:43 PM
 #14491

Luck is in your hands that still hold some iconomi, don't cry for those who have been selling at rate of 15k  Grin

I doubled my original ICO stack during the dumping days.  Which is crazy that it was only last week.
MalReynolds
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November 14, 2016, 07:25:31 PM
 #14492

New all-time high of 0.000270 BTC per ICN on Kraken.  With current price of Bitcoin, this places ICN at 0.1890 USD / ICN.  This is a 50% premium over the ICO value of 0.1257 USD / ICN.

Time to blow the hold-down bolts, this rocket is leaving the launch pad!
weilichesbin
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November 14, 2016, 07:26:07 PM
 #14493

Tomorrow we will hit 0.0005 because of good news in ama... you will see... who not have better buy now

Daparski
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November 14, 2016, 07:26:45 PM
 #14494

New all-time high of 0.000270 BTC per ICN on Kraken.  With current price of Bitcoin, this places ICN at 0.189 USD / ICN.  This is a 50% premium over the ICO value of 0.1257 USD / ICN.

Time to blow the hold-down bolts, this rocket is leaving the launch pad!

and still ppl are selling.. Don't get that
HardwarePal
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November 14, 2016, 07:27:18 PM
 #14495



 Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
honolulumark
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November 14, 2016, 07:28:28 PM
 #14496

New all-time high of 0.000270 BTC per ICN on Kraken.  With current price of Bitcoin, this places ICN at 0.1890 USD / ICN.  This is a 50% premium over the ICO value of 0.1257 USD / ICN.

Time to blow the hold-down bolts, this rocket is leaving the launch pad!

sussex
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November 14, 2016, 07:31:06 PM
 #14497



 Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

I'm hating all this Trump stuff... the guy makes me puke.
puthupanth
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November 14, 2016, 07:31:35 PM
 #14498

if everyone holds and no one sells (dumps), this is gonna sky rocket to a dollar in a week and $5 to $10 by the end of the year. I SWEAR!!
HardwarePal
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November 14, 2016, 07:31:40 PM
 #14499



 Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

I'm hating all this Trump stuff... the guy makes me puke.

Thats the point  Cheesy
BlockChainr
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November 14, 2016, 07:33:15 PM
 #14500

The buy tsunami wave is growing on Kraken.  This is a great sign.
Only 162 btc on the sell side to 80k sat.  That number shrinks every day.
Tsunami season ahead of us. We have ICNP tsunami, ICNX tsunami, platform access tsunami, first dividends tsunami, OFM tsunami, debit card tsunami, unique offline key generator tsunami..
And then dividends tsunami strikes again. and then again. and again. and again.

I think Iconomi will be announced a tsunami area soon.
ICN is certainly approaching Tsunami area. Hold on to your butts.


You keep moving that arrow to the right
Smiley
Slowly but surely... Tsunami is coming.
I remember last December ETH evangelists flooded /r/Bitcoin and my reddit inbox. I wish I listened to them & got in ETH under $1.
ICN now feels exactly like ETH under $1, but it won't last long.
We need those ICN evangelists to SPREAD THE WORD ON TWITTER, REDDIT, etc...  :P
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