[ANN] ICONOMI - Fund Management Platform

[jackiedragon]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

[derinderinderinderin]

you wanna put a bet bro? 0.1 BTC?

nty, we'll see what happens

[DeadBirdzz]

you wanna put a bet bro? 0.1 BTC?

I'll bet you 0.1 BTC that Taylor Swift will never shag Kanye West............

[mtnsaa]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

[Coca-Cola]

you wanna put a bet bro? 0.1 BTC?

I'll bet you 0.1 BTC that Taylor Swift will never shag Kanye West............

Another stupid comment from a dead bird's tiny brain

[virasog]

It does look like i would have to spend more than 200 USD to buy 1K of ICN, I'm so far lucky to have 4k still in my account. If that $3 happens, i still can profit a bit but it would be best to receive dividends still.

don't count on too much dividends for 4K ICN

Yeah, don't expect more than you would expect from any other $800 investment.

Try to invest slowly into ICN tokens as from January or February 2017 we can expect to see a sharp appreciation in the price.
The platforms are expected be launched and dividend payment to be started by that time. So this is the best time to add.

[LeonardoDaVinci]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

Exactly, ICN is fixed at 100m coins FOREVER. Where do you expect them to get more ICN for Dividends?
That's why Dividends will be paid with ETH.
Plus ICN operates on ETH blockchain, which is perfect for Dividends payments in ETH.

[Enjorlas]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

Exactly, ICN is fixed at 100m coins FOREVER. Where do you expect them to get more ICN for Dividends?
That's why Dividends will be paid with ETH.
Plus ICN operates on ETH blockchain, which is perfect for Dividends payments in ETH.

They could get them the same place they get ETH; the open market. I'm not saying they should but why are people saying this is impossible?

[derinderinderinderin]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

Exactly, ICN is fixed at 100m coins FOREVER. Where do you expect them to get more ICN for Dividends?
That's why Dividends will be paid with ETH.
Plus ICN operates on ETH blockchain, which is perfect for Dividends payments in ETH.

They could get them the same place they get ETH; the open market. I'm not saying they should but why are people saying this is impossible?

I am pretty sure that in the future we will be able to exchange ICN, ICNX, ICNP and ETH on the Iconomi platform. I think the team behind Iconomi stated that they might offer an option to automatically sell your ETH dividends for ICN for the current market price on their website.

[WoJJ78]

The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

[aDAPPter]

The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

We will see ICN on Poloniex after Dec 28th. Trolls will shit blood then.
We will see the same re-run of ETH from last January

[LeonardoDaVinci]

The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

ICN will reach 100k Satoshi on or soon after Dec 28th.

People will look back and cry why they didn't buy under 50k satoshi.

[aDAPPter]

Less than 40BTC to break 30k sat again.
I see a nice rally coming up this weekend, ICN will cross that 30k sat for good this time  

[bittraffic]

Less than 40BTC to break 30k sat again.
I see a nice rally coming up this weekend, ICN will cross that 30k sat for good this time  

They really bought 18K ICN in total at 27k satoshis. God for you. Now you have created your opportunity to see how it can rise up. its never going 25k down again.

[rapazev]

the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

[derinderinderinderin]

the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

[favdesu]

the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

hope you realize that it is completely irrelevant if ETH goes up, down under my pants or whatever for ICN to succeed.

[LeonardoDaVinci]

the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

If ETH dies, and that's a biiiiiiiiiiiiiiiiiiiiiiiiiiiiig "if", ICN can easily move to the Next Best Blockchain.
There are many options: Lisk, Waves, CounterParty, etc... or some totally new Blockchain in 2017

[derinderinderinderin]

the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

hope you realize that it is completely irrelevant if ETH goes up, down under my pants or whatever for ICN to succeed.

I do. Only thing that shouldn't happen is if ETH completely dies, that would be a slight problem I guess.

[jackiedragon]

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 

even being a noob.... stop and think...
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

That's what I meant. I read ICONOMI will also build a platform where you can buy and sell ICN for ETH. No direct dividends in ICN.