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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 548795 times)
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someonesomeone
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July 28, 2018, 10:20:22 AM
 #8881

Well with the buyback system anything that makes money on the platform makes money for ICO investors... What promises apart from changing from dividends to buybacks were made and broken?

from their website:iconomi.net:

What is ICONOMI?

For beginners, ICONOMI is the best way to take your first steps into the crypto-economy. For experienced investors, ICONOMI is the easiest way to diversify your digital portfolio.

and for us, the purveyors of funds that permitted at ICO to begin this company ?
You get nothing now. They've redacted their Whitepaper and all the promises made to the ICO participants.

you are right, nothing for ICO investors in the diagram just published..

https://medium.com/iconominet/monthly-update-vii-b21c83d0226e
Yeah. Their strategy seemed to be to make as many promises as needed to get money from investors, then use the money to enrich themselves and throw out all the promises made to the original set of investors. There's a copy of the original whitepaper linked previously in the thread if anyone is interested to see the original promises and how far away from the current situation those are.
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July 30, 2018, 01:09:18 PM
 #8882




ICONOMI Financial Report — Q2 2018

Q2 was one of our most productive quarters so far. We achieved three major milestones: by implementing the first stage of the fiat gateway, we opened the doors to new users, especially those with less experience with digital assets; with the addition of the first stablecoin, we created an option for DAA managers to hedge during bear markets; and with the proof of solvency, we demonstrated our dedication to transparency and set a new standard for the blockchain industry.

Read more:


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July 30, 2018, 01:17:25 PM
 #8883




ICONOMI Financial Report — Q2 2018

Q2 was one of our most productive quarters so far. We achieved three major milestones: by implementing the first stage of the fiat gateway, we opened the doors to new users, especially those with less experience with digital assets; with the addition of the first stablecoin, we created an option for DAA managers to hedge during bear markets; and with the proof of solvency, we demonstrated our dedication to transparency and set a new standard for the blockchain industry.

Read more:


thank you.

"We continued our repayment program by buying and burning 226,635.78 ICN tokens using 289.14 ETH and fees collected in ICN. The total amount of ICN tokens outstanding at the end of the quarter is thus 98,930,686"
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July 30, 2018, 02:14:44 PM
 #8884

I expected more ETH for the Q3 burning... Shame, I hoped that they would use the low price to burn a ton of ICN, but it looks like the next bull run will be here before they burn a lot of ICN.




ICONOMI Financial Report — Q2 2018

Q2 was one of our most productive quarters so far. We achieved three major milestones: by implementing the first stage of the fiat gateway, we opened the doors to new users, especially those with less experience with digital assets; with the addition of the first stablecoin, we created an option for DAA managers to hedge during bear markets; and with the proof of solvency, we demonstrated our dedication to transparency and set a new standard for the blockchain industry.

Read more:

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July 30, 2018, 04:24:00 PM
 #8885

One of Iconomi's goals for 2018 was to open the door to mass adoption by introducing a fiat ramp-up service on their platform. They announced the release of the first stage of the fiat ramp-up: over-the-counter (OTC) deals.
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August 01, 2018, 01:27:31 PM
 #8886

365 days ago, the #ICONOMI platform was opened to the public. A lot has happened since then.















Check out our progress here: https://www.iconomi.net/365


https://twitter.com/iconominet/status/1024621464471957505







  Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!
   Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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August 01, 2018, 05:33:25 PM
 #8887

365 days ago, the #ICONOMI platform was opened to the public. A lot has happened since then.















Check out our progress here: https://www.iconomi.net/365


https://twitter.com/iconominet/status/1024621464471957505








Well Done .... I just realize ICONOMI DAA is the best solution for me... great job .... ICN is always be my Fav

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.CHECK OUR WHITEPAPER.
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August 04, 2018, 12:47:06 PM
 #8888

The second edition of the #ICONOMI Digest is out! During this time, we published our Q2 financial report, launched a new #DAA, added new countries for Tier 2 verification, and more. Read the full version here:
https://twitter.com/iconominet/status/1025375096108732417
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August 05, 2018, 04:31:20 PM
 #8889

365 days ago, the #ICONOMI platform was opened to the public. A lot has happened since then.















Check out our progress here: https://www.iconomi.net/365


https://twitter.com/iconominet/status/1024621464471957505







But is there any promise made to the ICN investors with which the company got started, that was also fulfilled during this first year? Why was the original whitepaper removed from the main website after taking money from investors?
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August 11, 2018, 12:42:58 AM
 #8890

[quote author=ruletheworld link=topic=1789926.msg43535279#msg43535279 date=1533486680

But is there any promise made to the ICN investors with which the company got started, that was also fulfilled during this first year? Why was the original whitepaper removed from the main website after taking money from investors?
[/quote]

no promise fulfilled,only promised dividends were cancelled.
and doubt on promised property of company to investors is full on.
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August 11, 2018, 09:28:45 AM
 #8891

with this rate of burning and the price being down so much , i think its gonna be a hard year holding ICN. but anyways ill keep it Smiley
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August 11, 2018, 09:06:13 PM
 #8892

Our CEO and co-founder @wwwMZ is a nominated for Founder of the Year by Central European Startup Awards. You can support him by casting your vote here:
https://campaign.socialcee.com/campaign/#/campaign/bdc12cfc-ddeb-4210-a4dd-75d1aa004457/votingItem/16437 … @cesawards
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August 11, 2018, 10:18:41 PM
 #8893

Is there any published report on how much the team is getting paid in fiat/ETH and in ICN?

Also, is there a published report on insider buys and sells of ICN?
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August 16, 2018, 08:29:13 PM
 #8894

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.
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August 17, 2018, 02:28:30 AM
 #8895

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

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August 17, 2018, 03:29:10 PM
 #8896

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.
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August 18, 2018, 12:13:28 PM
 #8897

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.
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August 18, 2018, 12:55:18 PM
 #8898

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.

They already announced few utilities. I admit there could be more and I hope they will introduce them soon.

https://medium.com/iconominet/introducing-fees-payable-in-icn-4c466e17a6cb

But I see no huge difference between ICN and Binance coin which has a marketcap of 1 bln. More users and DAA managers should bring the price of ICN up
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August 18, 2018, 03:01:19 PM
 #8899

With the blockchain technology it's easy to maintain transparency. They store many assets in protected cold storages which are safe from any hackers. It's easy even for beginner to get onto their platform and start investing, so I guess it's an okay project.
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August 21, 2018, 09:34:17 AM
 #8900

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.

They already announced few utilities. I admit there could be more and I hope they will introduce them soon.

https://medium.com/iconominet/introducing-fees-payable-in-icn-4c466e17a6cb

But I see no huge difference between ICN and Binance coin which has a marketcap of 1 bln. More users and DAA managers should bring the price of ICN up
I agree with you, with more use cases and more users on the patform, the price will increase gradually. It is simple to understand the price of a token like ICN, more users means more demand on the token and higher burn rate, so it is correlated to the general crypto market situation. During the next bull run, I expect a surge in the number of ICONOMI users.
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