[ANN] ICONOMI - Fund Management Platform

[MoveCrypto]

Wow, Byteball is mooning

Publicly-known ICONOMI.performance holdings:

5M GNT: ($124.4k current value) - ($51.3 invested) = $73.0k unrealized profit

4222 GBYTE: ($473.8k current value) - ($0 invested) = $473.8k unrealized profit

Total unrealized profit = $546.8k

Estimated unrealized dividends for ICN holders: ($546.8k)×0.20 = $109.4k


That's $3.50 unrealized dividends per 3200 ICN, and ICNX + platform aren't even launched yet.


*20% performance fee is just an estimate, not officially announced yet

[mr.VeryGreen]

Wow, Byteball is mooning

Publicly-known ICONOMI.performance holdings:

5M GNT: ($124.4k current value) - ($51.3 invested) = $73.0k unrealized profit

4222 GBYTE: ($473.8k current value) - ($0 invested) = $473.8k unrealized profit

Total unrealized profit = $546.8k

Estimated unrealized dividends for ICN holders: ($546.8k)×0.20 = $109.4k


That's $3.50 unrealized dividends per 3200 ICN, and ICNX + platform aren't even launched yet.


*20% performance fee is just an estimate, not officially announced yet

No. No. No and No. Jesus Lord.

It can be profit only when will sold. Right now nobody will not sold anything. Just forget for ANY dividends for next 1.5 years. First year will be something like 0.15 ETH per 10k ICN for 12 month.

[MalReynolds]

Wow, Byteball is mooning

Publicly-known ICONOMI.performance holdings:

5M GNT: ($124.4k current value) - ($51.3 invested) = $73.0k unrealized profit

4222 GBYTE: ($473.8k current value) - ($0 invested) = $473.8k unrealized profit

Total unrealized profit = $546.8k

Estimated unrealized dividends for ICN holders: ($546.8k)×0.20 = $109.4k


That's $3.50 unrealized dividends per 3200 ICN, and ICNX + platform aren't even launched yet.


*20% performance fee is just an estimate, not officially announced yet

No. No. No and No. Jesus Lord.

It can be profit only when will sold. Right now nobody will not sold anything. Just forget for ANY dividends for next 1.5 years. First year will be something like 0.15 ETH per 10k ICN for 12 month.

This is an excellent calculation of UNREALIZED profit that should show up as a FUNDAMENTALS PRICE BOOST for ICN.   The more pots of money that ICN racks up that is does not cash out immediately as profits to make dividend payments, the higher and higher ICN's value goes up - and its price even higher, by a speculation / FOMO factor.

I AM HODLING!

[MalReynolds]

Hi - I am invested in Iconomi in the initial crowdsale but I didn't realise there were dividends until now.
Can you tell me who is elligible to receive these (is there a threshold investment?) and how / when are they paid out?

Thanks

All holders of more than 42 ICN will receive dividends that should be 100% of all fees gathered by the OFM platform and 20% of profits gained from the ICNX and ICNP funds.  These numbers may vary and are not yet set in stone.  They will be paid out as ICONOMI gathers fees and profits, which may be several months away.  

God, I love that movie.  It left me so pumped that I went back and saw it again on the very next night when it came out almost 30 years ago.  If you've never seen it, what are you waiting for?

[mr.VeryGreen]

Wow, Byteball is mooning

Publicly-known ICONOMI.performance holdings:

5M GNT: ($124.4k current value) - ($51.3 invested) = $73.0k unrealized profit

4222 GBYTE: ($473.8k current value) - ($0 invested) = $473.8k unrealized profit

Total unrealized profit = $546.8k

Estimated unrealized dividends for ICN holders: ($546.8k)×0.20 = $109.4k


That's $3.50 unrealized dividends per 3200 ICN, and ICNX + platform aren't even launched yet.


*20% performance fee is just an estimate, not officially announced yet

No. No. No and No. Jesus Lord.

It can be profit only when will sold. Right now nobody will not sold anything. Just forget for ANY dividends for next 1.5 years. First year will be something like 0.15 ETH per 10k ICN for 12 month.

This is an excellent calculation of UNREALIZED profit that should show up as a FUNDAMENTALS PRICE BOOST for ICN.   The more pots of money that ICN racks up that is does not cash out immediately as profits to make dividend payments, the higher and higher ICN's value goes up - and its price even higher, by a speculation / FOMO factor.

I AM HODLING!

ye, this year ICN can touch $3-4

[targetmlrd]

ICONOMI gives money to many who then earned x2 him, and who is now only buys hoping to get a big profit in the future, but I think that it is up to 50k ICN and more accurately, this coin will not be worth

[MalReynolds]

Competition is incoming!

http://www.financemagnates.com/cryptocurrency/innovation/taas-developing-bloomberg-like-cryptocurrency-portfolio-management-platform/

Interesting. What's your take on this, Mal?

I think they are brilliant to use TaaS as their brand name - "Token as a Service" - and if they are lucky it will become as universal as Kleenex or Xerox.  However, it is also a play on words for the famous Soviet / Russian news service.  Not so sure that Russians have the trust level by the public required to become the top dogs in the crypto finance world.  But it shows that ICONOMI has a good idea.  Imitation is the sincerest form of flattery.

ICONOMI has first mover advantage and let's hope that turns out to be enough.  

[Daparski]

Hi - I am invested in Iconomi in the initial crowdsale but I didn't realise there were dividends until now.
Can you tell me who is elligible to receive these (is there a threshold investment?) and how / when are they paid out?

Thanks

All holders of more than 42 ICN will receive dividends that should be 100% of all fees gathered by the OFM platform and 20% of profits gained from the ICNX and ICNP funds.  These numbers may vary and are not yet set in stone.  They will be paid out as ICONOMI gathers fees and profits, which may be several months away.  

God, I love that movie.  It left me so pumped that I went back and saw it again on the very next night when it came out almost 30 years ago.  If you've never seen it, what are you waiting for?

all fees gathered by the OFM platform and 20% of profits gained from the ICNX and ICNP funds

20% is the estimated profits share from ICNP only. ICNX will generate 3% annual fees from total funds in the fund, regardless of the performance. ICNX will also charge 0.1% entry and exit fees.
As far as I remember Jani said on slack that ICNX fees will be calculated every 6 hours.

[Grdas130979]

The price is going up nicely and the market cap is 37m now. I think the conference is going to help, people need to know more and trust more this great project.

[Grdas130979]

Competition is incoming!

http://www.financemagnates.com/cryptocurrency/innovation/taas-developing-bloomberg-like-cryptocurrency-portfolio-management-platform/

yeah....and they are aiming to do an ICO for.........101 MILLION USD.......

plus they are selling 100% token during ICO, unlike ICN.

I dont think is so simple, they are pricing 1 usd per token fixed price and there are 101m tokens. So lets say they gather 50m, they give away 50m tokens or more ( i am not sure about hhow much more), but lets say that they give 75m tokens. The market cap is 50m, tokens in peoples hands 75m and 25m tokens in devs. I think they say they will send the tokens in an inactive account, but who can be sure, we talk about a lot of money

[Grdas130979]

The price is going up nicely and the market cap is 37m now. I think the conference is going to help, people need to know more and trust more this great project.

I think after the first payment of dividends tsen very quickly going to fall down, as the number of people disappointment in dividends will be very large, and all come to merge their tokens

I hope so, because i want to buy cheaply more !

[bitarri]

The price is going up nicely and the market cap is 37m now. I think the conference is going to help, people need to know more and trust more this great project.

This project deserves to be at least $100m Market cap

Way more potential than Steem, Litecoin, Monero, Dash, Ripples, etc...

[PikachuYou]

well, there's certainly a shit load of hopium going around this thread.......

[TrueAnon]

The price is going up nicely and the market cap is 37m now. I think the conference is going to help, people need to know more and trust more this great project.

This project deserves to be at least $100m Market cap

Way more potential than Steem, Litecoin, Monero, Dash, Ripples, etc...

Agreed... this project should be in top 5 on market cap list.

Agreed for sure!! 

[Dynamic Index]

Competition is incoming!

http://www.financemagnates.com/cryptocurrency/innovation/taas-developing-bloomberg-like-cryptocurrency-portfolio-management-platform/

yeah....and they are aiming to do an ICO for.........101 MILLION USD.......

If you actually read it you will see where they say they'll burn the remaining coins

[BitPotus]

Competition is incoming!

http://www.financemagnates.com/cryptocurrency/innovation/taas-developing-bloomberg-like-cryptocurrency-portfolio-management-platform/

yeah....and they are aiming to do an ICO for.........101 MILLION USD.......

If you actually read it you will see where they say they'll burn the remaining coins

I did read it.....

The point is that they want to raise 101 Million USD which is fucking unrealistic and just plain greedy in my opinion....

[trumpc2016]

Haha ICN is 1 year ahead of their copycat Seems like copycat wants just get tons of people money and then fail the project.

ICONOMI is the only 1 who will win!

[FNetV1]

Plus starting with a $101 Million market cap is most certainly not going to be good for its investors.  I can easily see it plummeting down to about $35 million in the first week after launch, where the price might either continue to plummet to the low $20's million in the next following months to maybe hover in the mid $45-55 million market cap, which either way wont give good feelings for its investors, and I would see mass panic sells as people see a much lower price than ICO and that causes nervousness amounts weak hands and people who are unable to detach their feelings out of their own financial investment and the numbers they see in the charts at their screens.

At an opening $101 million market cap, in order to realize an ROI of 10x you would have to see its market cap reach to $1.01 BILLION and do you honestly see TaaS reach well above a billion market cap?  Nope, they will have to perform astronomically well before they can see such a market cap, but in the meal while, I say that everyone who partakes in its ICO might be disappointed for months to come.  I say, if you want to partake in TaaS, that it would be better to wait for that ICO to be over, and then wait for the price to plummet and then buy your TaaS shares, you might end up with a greater amount of TaaS tokens in your hand for the same amount of money you plan to invest, OR if you can't help yourself and fear the price soaring after ICO for any reasons you think, then set aside some capital that you dont care to loose at all, and then invest that, then after ICO is over if you see the price plummeting then invest the rest you planned to invest.

My usual disclaimer:
I am not making any guarantees here, or offering any advice, Everything that I say, and have said before has been said without any guarantees and its offered as-is.  I do not know for sure what's going to happen in terms of TaaS price for opening, post opening and its market performance, or what technical issues or problems they might potentially face that can negatively affect its price or even completely absolve it (a-la "TheDAO", etc) causing up to a 100% loss to you.  So always do your own due diligence before you decide to invest in TaaS or in any other opportunity and do not base your own decision on my words or anyone's else.  If you are afraid of completely getting wiped out, you might want to diversify your investment portfolio in many many projects, that way, if one fails or remains in under performance perpetually you wont stand to loose ALL of your investment capital.

[Enjorlas]

I hope dividends start paying out soon.. I need to buy a vehicle.

[Daparski]

I hope dividends start paying out soon.. I need to buy a vehicle.

better buy yourself a metro card for now