[ANN] ICONOMI - Fund Management Platform

[MalReynolds]

what was ETH ico price?

<ICN launched at> $0.1257, $605 BTC price. Don't know about ether, I invested in BTC.

ETH launched mid-2015 for $0.30 with $290 BTC price.  Today ETH has dropped to around $9.60, so it is at 32X the launch price.

Currently ICN is at $0.1712 or up 35% from its launch price.  

I guess I answered to different question. Didn't see it was about Eth ICO
thanks for correcting

aaahh,, so even if we equal a 30x increase in a year its a $5 value per token. I think the fact we will be paid dividends in eth, the price on eth will rocket too and people like me will just buy more icn with the eth. Now that will really send the price up.   damn i knew i should have thrown another 30 btc in.

Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each.   This implies a market cap of "only" $400M.

Also, as a mined coin, Ethereum has inflation of 18M ETH per year.  As an unmined token, ICN has 0% inflation forever.   This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.

[WoJJ78]

Time to buy some more again 

[Wall-Street]

True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap.

Another reason why ICONOMI is going to the moon:
ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.
ICN Dividends are paid in ETH, not ICN.
Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply.
ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.

[rgornik]

i have invested arround 500$ in ICN when the bonus was 15% and have invested ETH when ETH was arround 10$ so i now have 3,882 .16533741308682229 ICN   and also bought some 490ICN on Kraken 2 days ago (when ICN was 0.20$ now is 0.17$) ...

Pretty good. Next step: becoming a whale 

nachbar glede na to bi rajš postal Shark :p


I  am in the phase of learning

sam da ne boš postal medvedek

lahk kej pošleš našim dohtarjem, k zdej protestirajo, k živijo na minimalcu 

[Wall-Street]

Hey, I have noobs question: I sent my ICN to kraken, but now that I bought some more I would like to send it back to eth wallet. I should be able to get dividends right ?
thanks

Dividens will go where ICN tokens are. If you hold private key you will get them 100%. If not, then it all depends on the person (exchange) who has private key. Maybe they will distribute them or maybe not. I hope they won't which will encourage icn holders to move tokens to their addresses. And this mean only one thing, small sell side 

Until ICN reaches 3rd or 2nd rank of MarketCap, I highly doubt Kraken will bother distributing Dividends to ICN holders, that's too much accounting/programming for them.

Better move your ICN from exchanges to your ETH wallet or Myetherwallet so you don't miss out on Dividends payments.

[cryptosack]

I really hope that the first release from Iconomi is  the opportunity to transfer back to Iconomi Wallet.

[pind919]

i have invested arround 500$ in ICN when the bonus was 15% and have invested ETH when ETH was arround 10$ so i now have 3,882 .16533741308682229 ICN   and also bought some 490ICN on Kraken 2 days ago (when ICN was 0.20$ now is 0.17$) ...

Pretty good. Next step: becoming a whale 

nachbar glede na to bi rajš postal Shark :p


I  am in the phase of learning

sam da ne boš postal medvedek

Medvedek je tud fajn, k pou leta spi drugač pa sam med nabira

lahk kej pošleš našim dohtarjem, k zdej protestirajo, k živijo na minimalcu 

ja bogi dohtarji, posebej uni k sm plačilno listo  vidu z 12k eur plače

[MGM]

Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each.   This implies a market cap of "only" $400M.

Also, as a mined coin, Ethereum has inflation of 18M ETH per year.  As an unmined token, ICN has 0% inflation forever.   This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.

True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap.

Another reason why ICONOMI is going to the moon:
ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.
ICN Dividends are paid in ETH, not ICN.
Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply.
ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.

[mtnsaa]

I really hope that the first release from Iconomi is  the opportunity to transfer back to Iconomi Wallet.

Yes I bought some at Kraken at 14k and can't wait to move them out of there, I trust them but I want all my ICN at one place. Hopefully we would have a nice wallet and interface once the platform launches.

[ShooterXD]

We will see a little dump, until 22 - 21k than we get strong to broke walls!

Good luck to us in this week!

[cryptosack]

I really hope that the first release from Iconomi is  the opportunity to transfer back to Iconomi Wallet.

Yes I bought some at Kraken at 14k and can't wait to move them out of there, I trust them but I want all my ICN at one place. Hopefully we would have a nice wallet and interface once the platform launches.

I played with different ether wallets but none of them feels secure, always have the feeling in every moment something will going wrong.
so waiting for the Iconomi wallet  

[cryptosack]

We will see a little dump, until 22 - 21k than we get strong to broke walls!

Good luck to us in this week!

you´ll dump now?

[Nachbar90]

I really hope that the first release from Iconomi is  the opportunity to transfer back to Iconomi Wallet.

Yes I bought some at Kraken at 14k and can't wait to move them out of there, I trust them but I want all my ICN at one place. Hopefully we would have a nice wallet and interface once the platform launches.

I played with different ether wallets but none of them feels secure, always have the feeling in every moment something will going wrong.
so waiting for the Iconomi wallet  

Same problem. Took me one week to sync last time, then I had over 60 gb of chain data on my drive and I had to delete it because my ssd was full

[graviteta]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

[DeadBirdzz]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

please go kill yourself now.........

[graviteta]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

please go kill yourself now.........

Why? I could not follow the news... Why doesnt u write my question's answer and insult me? Are u a little child?

[FruitsBasket]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

The dividends will be paid in Ethereum and not in ICN tokens.
You are not able to get dividends at the moment, the platform needs to be build first.
ICN has a long way to go before it will release their tech.

[graviteta]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

The dividends will be paid in Ethereum and not in ICN tokens.
You are not able to get dividends at the moment, the platform needs to be build first.
ICN has a long way to go before it will release their tech.

Thank you

[MalReynolds]

What is "Dividends"? my ICNs are on ico website. will my ICNs increase? When?

ICONOMI is currently working on three projects.  First is a "platform" now under development where anybody can start a "fund" that others can invest in.  New fund managers will pay fees to list their fund on the ICONOMI platform.  Second is an index fund called ICN.Index run by ICONOMI itself on a basket of existing cryptocoins.  Third is another ICONOMI-run fund investing in new cryptocoin ICOs and startups called ICN.Performance.  If you own ICN tokens, you get a share of any profit received by ICONOMI from all three of these projects.  Profit shares are "dividends" that are paid weekly to your ICN account as ETH deposits starting in early 2017.  

Note that if your ICN is on an exchange, the exchange gets the dividends.  Whether that exchange will pass weekly ICONOMI dividends on to you is an open question.  This is a big reason for people to minimize the amount of ICN on exchanges, which should make ICN more scarce on exchanges, and therefore command a higher price as an investable zero-inflation token.  

[ShooterXD]

We will see a little dump, until 22 - 21k than we get strong to broke walls!

Good luck to us in this week!

you´ll dump now?

NO, just buying more! Ever