[ANN] ICONOMI - Fund Management Platform

[kalpit]

so anyone got an invite so far?

I personally didn't receive an invitation yet but I got an email from Jani saying that I should receive the invitation soon or Saturday at tops.

Dito! Stil hammering F5 all day! My fingers are bleeding, but I will keep going. 

Give your fingers some rest. How will you use Iconomi with bleeding fingers 

There's a website called visualping . It can check every now and then Iconomi website, if there's any change it would email you.
I have set check interval to 15 minutes. There's also an option to set it to 5 minutes. But there are only 62 free checks per month.

[zxdcv]

Hello all,

How long does it usually take the Iconomi website to authorize a transaction (Withdraw to Kraken). I've been in pending authorization for some hours now. I did 2fa and email confirmation and it is still "Pending Authorization". Thanks everyone and good luck on all of your investments.

[clixcoin]

I also waiting for invitation to get early access there so how long I have to wait to get my pass. Much hard to wait to get access to this innovation.

[Crypto_MERC]

Hello all,

How long does it usually take the Iconomi website to authorize a transaction (Withdraw to Kraken). I've been in pending authorization for some hours now. I did 2fa and email confirmation and it is still "Pending Authorization". Thanks everyone and good luck on all of your investments.

I wonder if they process the transactions manually?  Mine is also stuck in pending.

[PikachuYou]

Hello all,

How long does it usually take the Iconomi website to authorize a transaction (Withdraw to Kraken). I've been in pending authorization for some hours now. I did 2fa and email confirmation and it is still "Pending Authorization". Thanks everyone and good luck on all of your investments.

I wonder if they process the transactions manually?  Mine is also stuck in pending.

yeah, they did say they manually process transactions.

you have to wait Princess.

 

[zxdcv]

Thank You. 

[Flyingbits]

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token        mkt cap 50.000.000                   PER = 25
1   USD / token        mkt cap 100.000.000                  PER = 50
5   USD / token       mkt cap 500.000.000                   PER = 250
10 USD / token        mkt cap 1.000.000.000                PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

[aDAPPter]

Just joined Lamborghini personalization program...


I'm having a hard time decide between Blue & Green steering wheels... Any suggestions? 

Yes I know..    They don't have my color, that's sick!  

Gooing to mail or fill in a new form for my colour.. It's a mix of the Slovenian flag.  

Lamborghini, can you adjust your colours for us??

They will soon make special edition for ICillionaires.

[Daparski]

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token        mkt cap 50.000.000                   PER = 25
1   USD / token        mkt cap 100.000.000                  PER = 50
5   USD / token       mkt cap 500.000.000                   PER = 250
10 USD / token        mkt cap 1.000.000.000                PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

for index-based funds all fees go to platform, meaning to ICN holders (until they have ICO money to burn, min few years)

[bogdanbm]

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token        mkt cap 50.000.000                   PER = 25
1   USD / token        mkt cap 100.000.000                  PER = 50
5   USD / token       mkt cap 500.000.000                   PER = 250
10 USD / token        mkt cap 1.000.000.000                PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

Good analyze, but if we also take into consideration that this is the crypto world, if bitcoin rise stops, than there is no reason investitors pull out the money from bitcoin and invest in other cryptos like ICN, think that if bitcoin price goes down with 10% it's over 1 Bln $ that can go to different cryptos

[jacaf01]

Lol, just recognized that I'm in the early group, too

But nothing new, about further instructions  

Hitting F5 like crazy now, much excitement! 

It feels like Cryptocurrency done right.

I'm telling you, you can't express what ICONOMI is doing better. I'm just waiting for the token to be listed on another big exchange because presently I can't name three Altcoins better than ICN

[PikachuYou]

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused  

[Enjorlas]

Let's look at the fundamentals.

- Icn has not started paying Dividends yet
- Chinese do not know about Icn yet
- Wallstreet dos not know about Icn yet.
- Icn is only on 1 exchange


You are crazy to not buy Icn currently.

[capone1340]

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused 

They are talking about the platform, not the token

[Daparski]

Let's look at the fundamentals.

- Icn has not started paying Dividends yet
- Chinese do not know about Icn yet
- Wallstreet dos not know about Icn yet.
- Icn is only on 1 exchange


You are crazy to not buy Icn currently.

- Proven team
- Debit card linked to your holdings (if I am not mistaken it will be the first one)
- Fully legalized and integrated working fiat to crypto gateway
- 4.5M usd pre-seeded hedge fund to pay dividends to ICN holders

[WoJJ78]

That dump though!

https://www.youtube.com/watch?v=xyEbHZmydsY

So passes ICN, son of Ethereum. Lol.

No but seriously, scooping up some tokens right now before it goes moon again 

[datathegerms]

While waiting, we can read this: https://www.iconomi.net/terms-of-use

edit:
"4. Users from the United States
4.1 THE WEBSITE AND ITS PRODUCTS ARE NOT OFFERED FOR USE TO THE CITIZENS OF THE UNITED STATES OF AMERICA (“USA”) REGARDLESS OF THEIR LOCATION, AND ARE NOT OFFERED TO NATURAL OR LEGAL PERSONS, HAVING THEIR SEAT OR HABITUAL RESIDENCE IN THE USA."

Its cool guys, the devs just released some very important news over on reddit !! ...........About optimizing they're page layout for smart phones,tablets etc.

https://www.reddit.com/r/ICONOMI/comments/5josea/new_website_is_up/?

[therhslv]

Hi guys im new here , i buy some icn on exchange , do i will get dividents? And whats should i do do ? keep them on exhange or what ? Thanks

[mtnsaa]

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused  

I think Kraken will play a big part in bringing Iconomi services to the US, their deal runs much more deep than simply having ICN at their exchange. But that's just my intuition. Regulation in the States will take a lot of time either way, maybe they can build or license some sort of bridge in the meantime. Both Kraken and Iconomi seems very KYC oriented so they will be obviously playing by the rules.

eToro is a similar business which doesn't operate in the States either but it's booming worldwide, I think eventually we'll see some progress regarding these instruments as technology keep advancing. Remember only 10 years ago you would have to fax your information to create an account and begin trading and that could take weeks or even months if there was a delay. Payment options like Paypal weren't as widespread either, only worked in the USA.

[Warren_Buffett]

Exactly...

There's nothing stopping US citizens from owning shares of a foreign entity that doesn't operate in the US.