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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253937 times)
MoveCrypto
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December 13, 2016, 08:51:59 AM
 #17561

I especially want to see Bittrex add ICN because its the only serious exchange thats equally available in all 50 states, currently Poloniex, Bitfinnex, and others wont do business with a few states already, so in the name of equality priority to Bittrex should be first and I suspect ICONOMI is already at work to get ICN listed at Bittrex.



They said it is up to the exchanges to add it, dont expect anyone from Iconomi to try to get it listed there. But it would be strange if they do not add it this month or in January, they could make some good money on ICN.

My theory is maybe they have been waiting for ICNX token to be distributed.  Then exchanges can list both ICN and ICNX at the same time.

MoveCrypto for Komodo Notary
https://komodoplatform.com/
aidia
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December 13, 2016, 09:09:39 AM
 #17562

I especially want to see Bittrex add ICN because its the only serious exchange thats equally available in all 50 states, currently Poloniex, Bitfinnex, and others wont do business with a few states already, so in the name of equality priority to Bittrex should be first and I suspect ICONOMI is already at work to get ICN listed at Bittrex.



They said it is up to the exchanges to add it, dont expect anyone from Iconomi to try to get it listed there. But it would be strange if they do not add it this month or in January, they could make some good money on ICN.

My theory is maybe they have been waiting for ICNX token to be distributed.  Then exchanges can list both ICN and ICNX at the same time.

Or a fully working wallet on Iconomi platform.
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December 13, 2016, 09:11:28 AM
 #17563

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?


To peel or not to peel.
ma007
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December 13, 2016, 09:15:28 AM
 #17564

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



https://ico.iconomi.net/about-icnx-index
HardwarePal
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December 13, 2016, 09:19:03 AM
 #17565

Because most of you don't have a brain to put two and two together, let's make it as simple as possible.

This might or might not be true (take with grain of salt) but Im fairly sure these are the reasons:

(Liqui I won't even talk about because they are nobodies)

1) Kraken insta-listed because Iconomi will be using them as their liquidity provider (for the main tokens/coins BTC most probably), so a deal might be in place hense the NDA, they have stated that there will be no order books when entering and exit positions in the OFM for your investors so these will be executed through a backend system connected to ICONOMI to/from exchanges.

2) That ofcourse leaves a few coins/tokens (looking at ICNX additions/removals DGD,Steem, etc etc which might be available for OFM later on) on another exchange (for liquidity reasons) that aren't listed. So we are left with 2 altcoin exchanges Poloniex and Bittrex as ICNX/OFM rebalancing/purchasing/liquidating needs to be done outside Kraken (non listed coins) .. My guess is they have a special deal (NDA) for lower / no fees / market making with one of the two.


TLDR: For addition of other coins into ICNX/OFM they need someone that provides a bigger variety of coins. Poloniex has the biggest volume on most alts (so slippage is minimal) vs Bittrex, it's either one or the other and the news will probably hit us on ICNX/INCP for a new exchange or will be kept under wraps until OFM launches.

So keep calm and Iconomi on...
 

Just stating this if you missed it.
BitPotus
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December 13, 2016, 09:21:26 AM
 #17566

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



Interesting....legendary member....

then proceeded to check your trust level and saw all the recent feedback in red.....

conclusion: legendary "bought" account....
rgornik
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December 13, 2016, 09:29:34 AM
 #17567

Does anyone think that Chronobank will be the next Iconomi investment? They have high value project with realistic roadmap and achievable targets, I hope it will be the next investment, the ICO will launch on Thursday.

there was a picture of Iconomi member and Chronobank member together so there are some speculactions. But as usual they will not tell where they invested funds until the end of particular ICO

Link or it didn't happen.

I posted it while ago

riser
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December 13, 2016, 09:42:22 AM
 #17568

Beautiful wallet!!
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December 13, 2016, 09:42:59 AM
 #17569

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



Interesting....legendary member....

then proceeded to check your trust level and saw all the recent feedback in red.....

conclusion: legendary "bought" account....

Nope I have had this account since the beginning Smiley

ps its only accussations right now anyway,.


To peel or not to peel.
5thangel
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December 13, 2016, 09:45:46 AM
 #17570

Beautiful wallet!!
what are you talking about?  Smiley
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December 13, 2016, 09:46:49 AM
 #17571

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



https://ico.iconomi.net/about-icnx-index


THANKS!!! so holding ICNX is basically the same as buying a small amount of the mentioned currencies right?


This is interesting indeed if I am right?

To peel or not to peel.
puremage111
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December 13, 2016, 09:47:55 AM
 #17572

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?




Yes, and i wouldn't call it additional dividends but part of the dividens, because the payout time frame is not yet declare, might need to wait for sometime for them to propose
puremage111
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December 13, 2016, 09:49:03 AM
 #17573

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



https://ico.iconomi.net/about-icnx-index


THANKS!!! so holding ICNX is basically the same as buying a small amount of the mentioned currencies right?


This is interesting indeed if I am right?


Yeap, its actually the same meaning but in this case currencies are held by them, you are paying them to manage the funds for you, you don't get access towards the currencies but your own investment Smiley
memii
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December 13, 2016, 09:49:09 AM
 #17574

Beautiful wallet!!
what are you talking about?  Smiley

Maybe about Kraken deposit wallet but everybody will be get confused to read about this beautiful wallet. Wink
riser
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December 13, 2016, 09:50:22 AM
 #17575

Beautiful wallet!!
what are you talking about?  Smiley

Maybe about Kraken deposit wallet but everybody will be get confused to read about this beautiful wallet. Wink

i register om web.
the design of the site and the personal account impressed me
ri80va
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December 13, 2016, 09:50:59 AM
 #17576

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



as far as i know, there is not going to be ICNX "token"  just buy ICN and you wil get your dividends from all the investements made in ICNX etc...
weilichesbin
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December 13, 2016, 09:55:27 AM
 #17577

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



as far as i know, there is not going to be ICNX "token"  just buy ICN and you wil get your dividends from all the investements made in ICNX etc...

In which value dividens will be paid? ETH ?

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December 13, 2016, 10:04:53 AM
 #17578

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



https://ico.iconomi.net/about-icnx-index


THANKS!!! so holding ICNX is basically the same as buying a small amount of the mentioned currencies right?


This is interesting indeed if I am right?


Yeap, its actually the same meaning but in this case currencies are held by them, you are paying them to manage the funds for you, you don't get access towards the currencies but your own investment Smiley


Awesome and do they buy and sell the currencies for bitcoin or do they basically just hold them in the understanding they will increase in the future?

To peel or not to peel.
puremage111
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December 13, 2016, 10:05:33 AM
 #17579

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



as far as i know, there is not going to be ICNX "token"  just buy ICN and you wil get your dividends from all the investements made in ICNX etc...

In which value dividens will be paid? ETH ?

Yeap, as stated in their site

"ICN tokens will receive weekly dividends in the form of ETH from all ICONOMI revenue streams."
puremage111
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December 13, 2016, 10:08:17 AM
 #17580

Sorry for the noob question again but what is ICNX

This is the new investment tool right? So if we buy this we get payments from this from the investing. Then we get additional dividends from the ICN?



https://ico.iconomi.net/about-icnx-index


THANKS!!! so holding ICNX is basically the same as buying a small amount of the mentioned currencies right?


This is interesting indeed if I am right?


Yeap, its actually the same meaning but in this case currencies are held by them, you are paying them to manage the funds for you, you don't get access towards the currencies but your own investment Smiley


Awesome and do they buy and sell the currencies for bitcoin or do they basically just hold them in the understanding they will increase in the future?

Well, they do buy and sell + Hold, according to : https://ico.iconomi.net/about-icnx-index

I wouldn't say they do daily trades but and not full term hold but they make changes and re balancing their index weight for each currencies time by time.

Example

Last rebalancing date: 30 Nov 2016

TICKER: BTC
NAME:Bitcoin
CATEGORY:Value
REBALANCING INDEX WEIGHT: 15%
CURRENT INDEX WEIGHT :16.21%

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