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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253936 times)
smokim87
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January 19, 2017, 08:27:08 AM
 #21561

Poseidon Performance Fund by N.K.Narula

Prometheus Performance Fund by N.K.Narula

Looks like the first few Iconomi Funds are popping up!






I'd wait for the traders that post their past performance...

This is going to be very interesting to watch...fish are going to join forces to become whales fighting whales in alts. Were in for some crazy alt pumps this year for sure, year of the whales hahaha.

Fun times coming!

But on the other side what I fear is traders colluding with other whales basically one pumps an alt and the other fills their orders at high prices...one makes huge profits that can be split between the 2 while the investors in the fund are bag holding a coin.

Wonder what steps will be taken to fight that or at least prevent it, I know it'll be impossible and most likely rare but I think fund managers should provide at least maybe at least 1 year of trading performance to be qualified and see how it goes from there, eventually lowering the min requirements as time passes.
Daparski
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January 19, 2017, 08:52:05 AM
 #21562

For Atomic Coin information visit the ANN of Atomic Coin.

https://bitcointalk.org/index.php?topic=1712672

go away
Daparski
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January 19, 2017, 08:59:53 AM
 #21563

Iconomi PR firm:
http://www.wachsmanpr.com/clients/


from conversation with Jani on slack
MoveCrypto
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move that crypto


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January 19, 2017, 09:34:20 AM
 #21564

Poseidon Performance Fund by N.K.Narula

Prometheus Performance Fund by N.K.Narula

Looks like the first few Iconomi Funds are popping up!






I'd wait for the traders that post their past performance...

This is going to be very interesting to watch...fish are going to join forces to become whales fighting whales in alts. Were in for some crazy alt pumps this year for sure, year of the whales hahaha.

Fun times coming!

But on the other side what I fear is traders colluding with other whales basically one pumps an alt and the other fills their orders at high prices...one makes huge profits that can be split between the 2 while the investors in the fund are bag holding a coin.

Wonder what steps will be taken to fight that or at least prevent it, I know it'll be impossible and most likely rare but I think fund managers should provide at least maybe at least 1 year of trading performance to be qualified and see how it goes from there, eventually lowering the min requirements as time passes.

Even in the highly regulated world of traditional finance, people often engage in such activities.

I like the free market perspective.  If a fund manager dumps on his clients and leaves them bagholding, then he will lose trust and lose his business.  There's no way to prevent a fund manager from frontrunning, just like there's no way to prevent an ico from running with your money.  These things rarely happen because people realize a trustworthy reputation is something very valuable for many years in the business world.  And most investors won't invest with someone unless they have a trustworthy reputation.

MoveCrypto for Komodo Notary
https://komodoplatform.com/
someonesomeone
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January 19, 2017, 09:41:42 AM
 #21565

Golem is also 50% above the ico marketcap Smiley Can't wait to hear about their other investments...

Byteball is above $29 right now, now aren't we glad ICONOMI didn't liquidate thier byteballs?  Grin
kalpit
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January 19, 2017, 10:14:10 AM
 #21566

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.
Daparski
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January 19, 2017, 11:03:23 AM
 #21567

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
Nachbar90
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January 19, 2017, 11:28:46 AM
 #21568

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Holy shit!!! This thing gets better and better. ICN above 10$ is serious

JOIN OFFICIAL ICONOMI SLACK FOR INSTANT NEWS FROM THE TEAM - http://iconominet.herokuapp.com
kalpit
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January 19, 2017, 11:39:25 AM
 #21569

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,




From Jan,
Daparski
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January 19, 2017, 11:44:33 AM
 #21570

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,


woow, nice. I missed that one, not sure how. When was it posted on slack?
Nachbar90
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January 19, 2017, 11:46:31 AM
 #21571

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,





From Jan,


I <3 Iconomi

JOIN OFFICIAL ICONOMI SLACK FOR INSTANT NEWS FROM THE TEAM - http://iconominet.herokuapp.com
kalpit
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January 19, 2017, 11:47:43 AM
 #21572

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,


woow, nice. I missed that one, not sure how. When was it posted on slack?
From my personal chat. I couldn't expect such answer in general section where lots of trolling, discussion about one coin, etc were going on
bitcoinsforall
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January 19, 2017, 11:53:27 AM
 #21573

Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,




From Jan,


great update...something which we all didnt knew
bitcampaign
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January 19, 2017, 01:02:53 PM
Last edit: January 19, 2017, 02:23:04 PM by bitcampaign
 #21574

MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



Alastair air
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January 19, 2017, 01:08:47 PM
 #21575



I'd wait for the traders that post their past performance...

This is going to be very interesting to watch...fish are going to join forces to become whales fighting whales in alts. Were in for some crazy alt pumps this year for sure, year of the whales hahaha.

Fun times coming!

But on the other side what I fear is traders colluding with other whales basically one pumps an alt and the other fills their orders at high prices...one makes huge profits that can be split between the 2 while the investors in the fund are bag holding a coin.

Wonder what steps will be taken to fight that or at least prevent it, I know it'll be impossible and most likely rare but I think fund managers should provide at least maybe at least 1 year of trading performance to be qualified and see how it goes from there, eventually lowering the min requirements as time passes.

Even in the highly regulated world of traditional finance, people often engage in such activities.

I like the free market perspective.  If a fund manager dumps on his clients and leaves them bagholding, then he will lose trust and lose his business.  There's no way to prevent a fund manager from frontrunning, just like there's no way to prevent an ico from running with your money.  These things rarely happen because people realize a trustworthy reputation is something very valuable for many years in the business world.  And most investors won't invest with someone unless they have a trustworthy reputation.

its afun and furious too it can be for both sides but according to our interest and mining.
Dewi08
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January 19, 2017, 02:04:33 PM
 #21576

MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



This is good info and good news for everyone, to start a good thing for the ICN be growing .. Smiley
Jody.Drummer
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Leading Crypto Sports Betting & Casino Platform


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January 19, 2017, 02:07:21 PM
 #21577

MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



This is good info and good news for everyone, to start a good thing for the ICN be growing .. Smiley

had already started many additions to other coin entry into mercatox.. Thanks for information and I will try to play there..

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thejaytiesto
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January 19, 2017, 02:57:20 PM
 #21578

Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
Sm00kew
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January 19, 2017, 03:11:00 PM
 #21579

Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
ICN tokens are on ethereum blockchain. You can use mist wallet or myethereumwallet. First just send 0.1 ICN so you can be sure you did it right.

❘|❘ ICONOMI  Fund Management Platform
equator
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January 19, 2017, 03:45:14 PM
 #21580

Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
ICN tokens are on ethereum blockchain. You can use mist wallet or myethereumwallet. First just send 0.1 ICN so you can be sure you did it right.

You are telling to first just send 0.1 ICN but if you are sending the coins from the ICO folder then the minimum fees is 1 ICN so you have to send above it.
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