ICONOMI - Live for today. Invest for tomorrow.

[Mi]

How many icnp shares i own per invested ico / proportion (icn) $?

20% of realized profits will be distributed among all ICN holders.

Ahh yes, i see.

Thank you Daparski 

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[Yurizhai]

ICN must be in your own wallet (not on an exchange like Kraken) in order to recieve dividends correct?

[freemind1]

ICN must be in your own wallet (not on an exchange like Kraken) in order to recieve dividends correct?

Yes.

[virasog]

How many icnp shares i own per invested ico / proportion (icn) $?

20% of realized profits will be distributed among all ICN holders.

There is a lot of good news coming for ICONOMI in near future. I can see a lot of price rise up for this ICN. This is all due to the extermly  hard work which is being done by the ICONOMI Marketing team and ofcourse the big planing from the Dev.
ICN 20 percent  Profits is really worth it 

[huxdy]

So much good news

[amintek15]

ICN must be in your own wallet (not on an exchange like Kraken) in order to recieve dividends correct?

Yes.

any news when we will be able to move our ICN from kraken to ICONOMI webwallet ?

[Sjacmur]

ICN must be in your own wallet (not on an exchange like Kraken) in order to recieve dividends correct?

Yes.

But if I dont have ICN wallet and I have my ICN on ICO acount I still can take dividends for my invest in ICN ?
Or need personal wallet not ico acount ?

[ajhodge7]

Hoping somebody can help me out so I can have my expectations correct.  Assuming Iconomi generates $1 Mill in profits what would the payout per ICN be?

Is it 20% of $1 Mill = $200k
Then ICN shares cap is 87 mill (correct?) so..
$200k / 87 million (shares) = 0.00229

so 1 ICN = $0.00229 if Iconomi generates $1 mill in profits?

Making 10,000 ICN $22.99 in realized returns per year?  

Also, is profit actually profit.  What I mean is: Does Iconomi consider profit the amount after paying for employees, renting the office, expenses, etc.?  I asking because if Iconomi generates $1million in revenue, after expenses the true profit is much less.

Again, just hoping to make sure expectations or in the right place and seeing how much to invest.  Love the team, love the idea, hope to love the returns.

-AJ

[rgornik]

Hoping somebody can help me out so I can have my expectations correct.  Assuming Iconomi generates $1 Mill in profits what would the payout per ICN be?

Is it 20% of $1 Mill = $200k
Then ICN shares cap is 87 mill (correct?) so..
$200k / 87 million (shares) = 0.00229

so 1 ICN = $0.00229 if Iconomi generates $1 mill in profits?

Making 10,000 ICN $22.99 in realized returns per year?  

Also, is profit actually profit.  What I mean is: Does Iconomi consider profit the amount after paying for employees, renting the office, expenses, etc.?  I asking because if Iconomi generates $1million in revenue, after expenses the true profit is much less.

Again, just hoping to make sure expectations or in the right place and seeing how much to invest.  Love the team, love the idea, hope to love the returns.

-AJ

There are 100mio of ICN together with devs tokens. Also they have enough money for some time to cover all those expanses. But when they will run out of them then they will burn income generated by DAMP and fees.

[MoveCrypto]

Hoping somebody can help me out so I can have my expectations correct.  Assuming Iconomi generates $1 Mill in profits what would the payout per ICN be?

Is it 20% of $1 Mill = $200k
Then ICN shares cap is 87 mill (correct?) so..
$200k / 87 million (shares) = 0.00229

so 1 ICN = $0.00229 if Iconomi generates $1 mill in profits?

Making 10,000 ICN $22.99 in realized returns per year?  

Also, is profit actually profit.  What I mean is: Does Iconomi consider profit the amount after paying for employees, renting the office, expenses, etc.?  I asking because if Iconomi generates $1million in revenue, after expenses the true profit is much less.

Again, just hoping to make sure expectations or in the right place and seeing how much to invest.  Love the team, love the idea, hope to love the returns.

-AJ

They will use the money raised in ico to pay all expenses for first ~5 years

ICN gets these fees:

1) 20% performance fee from ICNP taken from realized profits
2) 3% management fee from ICNX taken regardless of profit/loss
3) 0.3% to 3% management fee from user-created arrays depending on if user sets the total fee at 1% to 10%
4) any fees generated by fiat gateway

The fees generated by 2), 3), and 4) are not based on performance, but rather the amount of assets deposited into the arrays and the trade volume of the fiat gateway

A conservative example:

1) ICNP generates $1 million profit in a year = $200k to ICN
2) ICNX holds on average $10 million in assets for a year = $300k to ICN
3) user-created arrays hold on average $5 million in assets for a year = $15k to $150k to ICN
4) fiat gateway does $5 million volume in a year = maybe 1% fee so $50k to ICN (maybe they will set this at 0% fee to begin with in order to build volume)

I'm not sure if the fees on user-created arrays were fully explained yet.  I assumed it's a management fee like ICNX, but maybe there is a possibility for user-created performance arrays that take a performance fee.

ICN lives on the same exchanges and in the same wallets as altcoins, most of which have 0 earnings.  ICN price will largely be based on speculation.  Dividends is just the icing on the cake.

[royalfestus]

Keep buying or holding your icn guys... the sight to the moon is clear 

Quick noob question guys.

What is the best and easiest way to buy some ICONOMI coins?

Kraken is probably the best exchange for ICONOMI...most volume.

just in case u cant get on kraken exchange u can also get account with liqui, it has a good volume of ICONOMI also

Would better if we can trading on bittrex or poloniex too.
both exchanges is a good volume of altcoins.

Maybe they are not ready to agree some terms with those exchanges; Their demands are usually different. Which ever it goes, Poloniex will find profit trading ICONOMI

[Daparski]

Hoping somebody can help me out so I can have my expectations correct.  Assuming Iconomi generates $1 Mill in profits what would the payout per ICN be?

Is it 20% of $1 Mill = $200k
Then ICN shares cap is 87 mill (correct?) so..
$200k / 87 million (shares) = 0.00229

so 1 ICN = $0.00229 if Iconomi generates $1 mill in profits?

Making 10,000 ICN $22.99 in realized returns per year?  

Also, is profit actually profit.  What I mean is: Does Iconomi consider profit the amount after paying for employees, renting the office, expenses, etc.?  I asking because if Iconomi generates $1million in revenue, after expenses the true profit is much less.

Again, just hoping to make sure expectations or in the right place and seeing how much to invest.  Love the team, love the idea, hope to love the returns.

-AJ

It's always good to start with WP and FAQs.

Iconomi platform generates fees from all active funds. Some will generate passive fees, based on the amount of money people have invested in the fund, such as ICNX.
Other funds will be actively managed by people, (hedge or performance funds) and they will generate fees based on the fund performance. ICNP is such performance fund which invests into ICOs and is manged by a dedicated Iconomi team. 20% of all realized profits will be distributed as dividends.

Keep in mind that dividends will always be distributed between all ICN tokens - 100M and not 87M.

In general I think it is a bit too early to talk about and calculate dividends. In any case Iconomi will have an official post about that topic once it will be more relevant.

[Bumer]

1) all ICN tokens = 100 000 000
2) ICNP : if profit 1 000 000 * 0,2 = 200 000 $ / 100 000 000 = 0,002$ for 1 ICN
+
    ICNX : all money 1 000 000$ - 3% fees = 30 000$ / 365 days = 82,19$ / 100 000 000 ICN = 0,00000082$
3) ICONOMI team no fees, because ICO money
4) dividends every 6 hrs for ICNX on your eth address
5) my ICN = 10 000 ICN: 0,002$*10000 ( ICNP example 30 days) + 0,00000082*10000*30days = 20$ + 0,246$ = 20,246$ but 1 000 000 $ for ICNX very small, min on start 5 -50 million and + ICO golem, santiment

[Daparski]

...
4) dividends every 6 hrs for ICNX on your eth address
5) my ICN = 10 000 ICN: 0,002$*10000 ( ICNP example 30 days) + 0,00000082*10000*30days = 20$ + 0,246$ = 20,246$ but 1 000 000 $ for ICNX very small, min on start 5 -50 million and + ICO golem, santiment

4. Dividends are calculated every 6 hours for ICNX. They are not distributed every 6 hours. That would be insane

5. Depends on the price you bought your 10K ICN, but let's assume it was worth something around 3000 usd when you bought. You can't expect much dividends for that amount, especially from a startup that just starts to operate.
Dividends will kick in hard later on in the game. Do not expect much in the next few months

[Bumer]

I bought 10 000 ICN, 0,12$ , all 1200$ , now 0,32$ , all 3200$ and devidents min 20$ and all time I can sell and return money. ICONOMI platform is a future:)))))

[Mi]

[dragonchopper9]

It looks good, if only the profit was palpable. It seems realistic only after several years of work of the platform.

[amintek15]

Holding ICN and holding Eth, those 2 are the future

[equator]

Every thing is good about the project and its progress but still i did not seeing that when they are going to start sending the dividends and who ever is holding coins in ICO.ICONOMI.NET site how are they going to earn it. This are some real question which are still not answered correctly.

[sana98212]

Every thing is good about the project and its progress but still i did not seeing that when they are going to start sending the dividends and who ever is holding coins in ICO.ICONOMI.NET site how are they going to earn it. This are some real question which are still not answered correctly.

I believe when the platform is fully developed, I can't see how they will pay dividends just after ICO without a right model, BTW I would like to develop some cool features for this platform.