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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 558767 times)
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April 10, 2017, 08:02:48 PM
 #3481

Any one investing in blockchain.capital? They are running their ico today.

I looked at them but decided not to. They look very institutionalised. And they require proof of ID.

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April 10, 2017, 08:28:45 PM
 #3482

https://www.reddit.com/r/ICONOMI/comments/63rjxv/question_for_all_the_questionmakers/

nice little thread there with some pertinent questions:

for example

If you invest in a small start up in the conventional economy, do you expect to speak to the executives on slack everyday? Do you expect to have every question you ask on reddit and other online forums answered?

No, but usually investors have access to business plan, financial reports, etc. (I am a startup co-founder so I know how it works.)
ICONOMI doesn't seem to be very transparent in this respect. For example, I'd like to know fee structure on ICNX and ICNP. That kind of stuff should be in the business plan. But it isn't available anywhere, as far as I can tell.
Also, standards for funds are much higher than for "small startups": they are expected to post NAV on daily/weekly basis. Even in crypto space people do that.
Instead of having a clear policies and clear reports, ICONOMI is like "we have earned some money, will buy back!". This is extremely unprofessional.


dude, at this point we do not even know where, or even if, they incorporated. consider how crazy this sounds. I tried looking for it and this is the only thing I found:
https://www.reddit.com/r/ICONOMI/comments/5vi3go/details_please_on_iconomi_inc/de2xpmi/
so, if anyone from the team reads this, please, where are you incorporated? and do the ICN tokens still represent ownership

I agree with your point they are always just keep telling about got involved in this project and got this much profit but never ever got disclosed that how much % they have got involved in that project and how much % of profit got earned by this much % of investment happened. But i am seeing that lot of users we should say as troll users who are just posting ICN TO MOON, SUN so on and just fuding this coin.

Hope that at the end it does not end as biggest scam of 2017 and biggest ever crypto scam where fiat investment also got involved.
You are right.When will ICN holders get benefit from these investment? what is the point of investing with ICN ICO funds when they

ICO participants are up 300% already
What was the ICO price?I think it was 22k and now the price is 37k how is it 300%?I am confused

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April 10, 2017, 10:14:27 PM
 #3483


You are right.When will ICN holders get benefit from these investment? what is the point of investing with ICN ICO funds when they

ICO participants are up 300% already
What was the ICO price?I think it was 22k and now the price is 37k how is it 300%?I am confused

I think he's talking $ wise, but that's bc of btc price appreciation
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April 10, 2017, 10:54:19 PM
 #3484

Any one investing in blockchain.capital? They are running their ico today.

I looked into B.C after being asked to do so.  I am not impressed with B.C altho there are some interesting things to learn from it.  They are attempting to do their token ICO in complete regulatory compliance with the US Securities and Exchange Commission (SEC) rules.  An American like me has present paperwork to B.C verifying I am a Regulation D "accredited investor".  This means I have either (a) $1M+ of assets beside my home or (b) tax returns showing I have made $200K+ in income for the past two years.  So....B.C is an ICO for rich people.  That ain't me.

Plus, if you read the fine print (which you only get to do if you are an "accredited investor", but word has leaked out), IMHO it's not that good of a deal.   They want to raise $50M, with $40M from venture capitalists and $10M from B.C token sales.   They intend to take a 25% cut of any token profits from any ICO investments, plus ongoing management fees.   So for example, say they invest $1M in an ICO and double their money for a $1M profit.  $800K goes to the VCs, $50K goes in their pocket as their profit fee, and less than $150K gets split among the 10M B.C token holders after "management fees" get taken out too.

So, I don't qualify to invest in the B.C ICO and I wouldn't even if I could.



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April 10, 2017, 11:26:05 PM
 #3485

Any one investing in blockchain.capital? They are running their ico today.

I looked into B.C after being asked to do so.  I am not impressed with B.C altho there are some interesting things to learn from it.  They are attempting to do their token ICO in complete regulatory compliance with the US Securities and Exchange Commission (SEC) rules.  An American like me has present paperwork to B.C verifying I am a Regulation D "accredited investor".  This means I have either (a) $1M+ of assets beside my home or (b) tax returns showing I have made $200K+ in income for the past two years.  So....B.C is an ICO for rich people.  That ain't me.

Plus, if you read the fine print (which you only get to do if you are an "accredited investor", but word has leaked out), IMHO it's not that good of a deal.   They want to raise $50M, with $40M from venture capitalists and $10M from B.C token sales.   They intend to take a 25% cut of any token profits from any ICO investments, plus ongoing management fees.   So for example, say they invest $1M in an ICO and double their money for a $1M profit.  $800K goes to the VCs, $50K goes in their pocket as their profit fee, and less than $150K gets split among the 10M B.C token holders after "management fees" get taken out too.

So, I don't qualify to invest in the B.C ICO and I wouldn't even if I could.





Correct. You can simply do your own research, invest in your own ICO portfolio and keep 100% of the profits.

US investors in B.C. also had to wait a year before selling their tokens.
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April 11, 2017, 11:27:01 AM
 #3486

Hey guys sorry if it has been adressed before, but can you get an account on the website if you buy ICN tokens on secondary market?

Thank you
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April 11, 2017, 11:35:24 AM
 #3487

Your price is stagnant now, actually I remember your team said Stratis is a good investment, at that time Stratis' price was 3-5k sat, but why you didn't invest Strat? Now the price has been increased at least 5x, you missed the opportunity to be a profitable project.
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April 11, 2017, 11:53:50 AM
 #3488

Hey guys sorry if it has been adressed before, but can you get an account on the website if you buy ICN tokens on secondary market?

Thank you
No.You can't move your ICN from exchange to ICONOMI website.

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April 11, 2017, 12:08:24 PM
 #3489

Hey guys sorry if it has been adressed before, but can you get an account on the website if you buy ICN tokens on secondary market?

Thank you
No.You can't move your ICN from exchange to ICONOMI website.


Not yet, but you will be able to in the future when platform is opened to the public.
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April 11, 2017, 12:15:06 PM
 #3490

Any one investing in blockchain.capital? They are running their ico today.

I looked into B.C after being asked to do so.  I am not impressed with B.C altho there are some interesting things to learn from it.  They are attempting to do their token ICO in complete regulatory compliance with the US Securities and Exchange Commission (SEC) rules.  An American like me has present paperwork to B.C verifying I am a Regulation D "accredited investor".  This means I have either (a) $1M+ of assets beside my home or (b) tax returns showing I have made $200K+ in income for the past two years.  So....B.C is an ICO for rich people.  That ain't me.

Plus, if you read the fine print (which you only get to do if you are an "accredited investor", but word has leaked out), IMHO it's not that good of a deal.   They want to raise $50M, with $40M from venture capitalists and $10M from B.C token sales.   They intend to take a 25% cut of any token profits from any ICO investments, plus ongoing management fees.   So for example, say they invest $1M in an ICO and double their money for a $1M profit.  $800K goes to the VCs, $50K goes in their pocket as their profit fee, and less than $150K gets split among the 10M B.C token holders after "management fees" get taken out too.

So, I don't qualify to invest in the B.C ICO and I wouldn't even if I could.





Correct. You can simply do your own research, invest in your own ICO portfolio and keep 100% of the profits.

US investors in B.C. also had to wait a year before selling their tokens.


I can only agree with all of the above, but I only put under 5 BTC into it, I bet I will make a profit when I flip on the exchange thou. Place your bets gentlemen!!  300% ?

Edit: I am based in the UK.
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April 11, 2017, 12:15:47 PM
 #3491

I think they have bought & burned some coins.. There was a pattern of support in the price in the past 7 days.. I think its a new floor

Its insane how much it was in the past. I have bought pretty high and see how is stable at the new price point, had the same feeling but I reckon it fell from a pump. Hope it will reoccur with the new platform that globally involves bitcoin and altcoins.
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April 11, 2017, 12:17:08 PM
 #3492

Where can I get info about buyback? How much ICN did ICONOMI buyback and when was it burnt?.
Any updates would be appreciated.
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April 11, 2017, 12:27:41 PM
 #3493

Where can I get info about buyback? How much ICN did ICONOMI buyback and when was it burnt?.
Any updates would be appreciated.


https://medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458
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April 11, 2017, 12:40:43 PM
 #3494

Where can I get info about buyback? How much ICN did ICONOMI buyback and when was it burnt?.
Any updates would be appreciated.

From that Medium document...

"7. ICONOMI will disclose its ICN purchases i.e. total number of tokens purchased and the average price paid per token in a quarterly report for Q2 2017."

https://medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458
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April 11, 2017, 01:29:40 PM
 #3495

Where can I get info about buyback? How much ICN did ICONOMI buyback and when was it burnt?.
Any updates would be appreciated.

It is still burning small amount and the exciting update will follow. It would be interesting too see at what price and how many were burned looking the report.
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April 11, 2017, 01:51:49 PM
 #3496

If I want to launch my ICO, can I apply for investments from ICONOMI? Is there email address for this?
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April 11, 2017, 02:13:04 PM
 #3497

Any one investing in blockchain.capital? They are running their ico today.

I looked into B.C after being asked to do so.  I am not impressed with B.C altho there are some interesting things to learn from it.  They are attempting to do their token ICO in complete regulatory compliance with the US Securities and Exchange Commission (SEC) rules.  An American like me has present paperwork to B.C verifying I am a Regulation D "accredited investor".  This means I have either (a) $1M+ of assets beside my home or (b) tax returns showing I have made $200K+ in income for the past two years.  So....B.C is an ICO for rich people.  That ain't me.

Plus, if you read the fine print (which you only get to do if you are an "accredited investor", but word has leaked out), IMHO it's not that good of a deal.   They want to raise $50M, with $40M from venture capitalists and $10M from B.C token sales.   They intend to take a 25% cut of any token profits from any ICO investments, plus ongoing management fees.   So for example, say they invest $1M in an ICO and double their money for a $1M profit.  $800K goes to the VCs, $50K goes in their pocket as their profit fee, and less than $150K gets split among the 10M B.C token holders after "management fees" get taken out too.

So, I don't qualify to invest in the B.C ICO and I wouldn't even if I could.





Correct. You can simply do your own research, invest in your own ICO portfolio and keep 100% of the profits.

US investors in B.C. also had to wait a year before selling their tokens.


I can only agree with all of the above, but I only put under 5 BTC into it, I bet I will make a profit when I flip on the exchange thou. Place your bets gentlemen!!  300% ?

Edit: I am based in the UK.

That's the reason why I threw some eth to it. I am a non US citizen. Considering the hype around it, I am expecting to sell out on exchange for 2X to 3X at least.
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April 11, 2017, 05:12:05 PM
 #3498

you will see when the price will go really down, devs will go out with some news to make a pump. They are playing with market but I won't buy back ICN after I sold it for 55k, with the last news I don't trust them anymore
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April 11, 2017, 05:14:31 PM
 #3499

If I want to launch my ICO, can I apply for investments from ICONOMI? Is there email address for this?

https://iconominet.herokuapp.com/

Join the slack channel for quick response on that place it will be much to find them and get the answer of this question.
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April 11, 2017, 06:01:52 PM
 #3500

What the hell happened, why did the price collapse?
Have been off for a while.

btc is pumping, that's the main reason.

second would be the whales in icn fucking with the walls, they drive it down when btc up (and vice versa)...so expect it.

icn floated nicely from 51-61k or so for awhile so many ppl sold some off, and prob still did so while btc going up (and with less support from whales as btc jumps up, icn drops faster and harder).

ideally just wait to btc to calm the hell down again and icn should climb (or if whales decide it's 'pump time on whatever news' then it'll fly)


Lolol big assed canadian shlomo babbling about something that bounces, drops and pops LMAO Especially if u know that he has cellulite on the inner tights and spends weeks on trying to hurry up his neighbor who is developing a cure from it. Can u believe this shit? This bottom dude paid his neighbor for a liquid substance allegedly eliminating cellulite. How do u think that shit ended? His neighbor gave him a bottle with tartaric acid mixed with his urine and told it fights cellulite. Why Im telling u this? Because u never know who could be on the opposite side of ur screen. Fucking shlomo gay struggling to get rid off cellulite

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