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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 548660 times)
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dishku
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October 30, 2018, 06:10:15 PM
 #9061

Q3 report looks poor compared to previous quarter. Revenue, book value, market capitalization all went down and only 1000 new users registered on the platform. This is a result of complete lack of marketing and promotion I guess.
starting in Q2 to Q3 2018 it looks bad from all altcoins, we hope that November-December later in Q4 at the end of the year bitcoin and altcoin can rise again, but I am quite satisfied with the increase of ICN rise 5% today

Of course, there are so high chances for good finish of the current year and we will get more impressive financial report for ongoing quarter. This project is still under development and their plan will make it promising project.
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October 31, 2018, 03:33:19 AM
 #9062

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?
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October 31, 2018, 07:50:26 AM
Last edit: October 31, 2018, 09:11:30 AM by RichardReMark
 #9063

I just think it is ironic how everything goes with Iconomi: white paper (male)—> Tim and Jani go to Amerca came back balls cut off—> change white paper into buyback (female)—> buybacks did not work surprise surprise females and finance never work out, lets glue the balls back inplace and here is eICN —> cut the balls off every investor  Cheesy
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October 31, 2018, 07:29:09 PM
 #9064

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?
Tier 0 would be enough.

Earn 6% interest with your BTC or ETH: https://blockfi.com/?ref=49c13d90
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October 31, 2018, 07:31:07 PM
 #9065

Hello,

Has anyone received their ETH or eICN offer yet ?

Earn 6% interest with your BTC or ETH: https://blockfi.com/?ref=49c13d90
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November 01, 2018, 02:47:59 PM
 #9066

i did send today icn. but a do not have eICN yet.

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November 01, 2018, 10:17:50 PM
 #9067

Hello,

Has anyone received their ETH or eICN offer yet ?

https://medium.com/iconominet/icn-conversion-process-begins-5b6e32443d9f

https://medium.com/iconominet/eicn-frequently-asked-questions-part-ii-5a0c758fecb1

Quote
Beginning on October 30, 2018, ICN token holders will be able to exchange their ICN tokens for ETH by going to www.iconomi.com and clicking the “Convert ICN” button at the top of the page. The page will then guide them through the rest of the process.

Similar to the conversion of ICN tokens into ICONOMI AG shares, the exchange of ICN tokens for ETH will be done in multiple rounds, with the first round commencing on October 30, 2018 and lasting until December 31, 2018.

In the first round of exchange of ICN tokens for ETH, ICN token holders who choose to exchange their ICN tokens for ETH will receive ETH in two batches, the first being no later than December 31, 2018 and the second being no later than January 15, 2019.

Quote
The conversion process of ICN tokens into ICONOMI AG shares will be constituted of several steps. In the first step, we will be collecting non-binding interest from ICN token holders to convert their ICN tokens into ICONOMI AG shares. This phase will be done in multiple rounds, with the first round commencing on October 30, 2018 and lasting until December 31, 2018. The offer for conversion will be prepared based on the collected non-binding interest. After any and all regulatory requirements are met, we will move forward with the execution of the conversion of ICN tokens into ICONOMI AG shares, i.e., the offering phase. This means ICONOMI AG will issue a binding offer to ICN token holders who have validly submitted their non-binding interest to convert ICN tokens into ICONOMI AG shares, whereby acceptance of ICONOMI AG’s offer will result in the actual conversion of ICN tokens to ICONOMI AG shares.

After December 31, 2019, conversion of ICN tokens into ICONOMI AG shares will no longer be possible. We therefore urge all ICN token holders to participate in the first round, as subsequent rounds may be less favorable for them.


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Delphinus
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November 02, 2018, 02:06:25 PM
 #9068

Do you need to be logged in for the conversion?

Because I just went to the website and there is no "convert" button on the website anywhere.

Edit: direct link worked https://www.iconomi.net/dashboard/page/convert-icn

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November 02, 2018, 06:58:29 PM
 #9069

What's is eg shares?

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susila_bai
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November 11, 2018, 01:10:32 AM
 #9070

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?
Tier 0 would be enough.

Ya correct their is no need for verification to convert ICN for ETH but if you want to go for swap then you have to verify Tier 2 to get eICN.

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November 11, 2018, 07:32:41 AM
 #9071

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.
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November 12, 2018, 04:13:30 AM
 #9072

in Q3 they lost one third or their book value;

they also did "sustain" ICN by auto-investment, selling other positions.

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

but how many people are there still following them?
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November 12, 2018, 08:53:46 AM
 #9073

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.
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November 12, 2018, 02:09:08 PM
 #9074

in Q3 they lost one third or their book value;

they also did "sustain" ICN by auto-investment, selling other positions.

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

but how many people are there still following them?

The bookvalue is very dependent on the crypto market, for me the user adoption is the most important figure.

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November 12, 2018, 03:28:05 PM
 #9075

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

I think that the concept of dividend was dropped long back and buyback feature was used and even once or twice they have also bought back ICN from market but after that they just left it and now it is in dead position. Now the only option is to convert it to eICN and see what will be in future for this coin also.

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November 12, 2018, 03:49:50 PM
 #9076

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

I think that the concept of dividend was dropped long back and buyback feature was used and even once or twice they have also bought back ICN from market but after that they just left it and now it is in dead position. Now the only option is to convert it to eICN and see what will be in future for this coin also.

OK i know that, but we may also have some exigences, they exist with our money and must recognize it.

eventually they could hold their promises, if not they will slowly disappear.
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November 12, 2018, 04:02:14 PM
 #9077

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

I think that the concept of dividend was dropped long back and buyback feature was used and even once or twice they have also bought back ICN from market but after that they just left it and now it is in dead position. Now the only option is to convert it to eICN and see what will be in future for this coin also.

OK i know that, but we may also have some exigences, they exist with our money and must recognize it.

eventually they could hold their promises, if not they will slowly disappear.

They are least worried about the coin investors as they got required investment what they wanted and now they are utilising it in their way that they are only getting benefit. They are now least bother about the old commitments meant when they started with this project. And now this is totally failure itself.

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November 12, 2018, 04:23:13 PM
 #9078

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

I think that the concept of dividend was dropped long back and buyback feature was used and even once or twice they have also bought back ICN from market but after that they just left it and now it is in dead position. Now the only option is to convert it to eICN and see what will be in future for this coin also.

OK i know that, but we may also have some exigences, they exist with our money and must recognize it.

eventually they could hold their promises, if not they will slowly disappear.

They are least worried about the coin investors as they got required investment what they wanted and now they are utilising it in their way that they are only getting benefit. They are now least bother about the old commitments meant when they started with this project. And now this is totally failure itself.

we can say now that they chose the failure:
-not sticking with their suscribers at ico !
-changing greatly the functioning principles !
-taking a financial partner in order to join some financial market, then breaking with this partner !
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November 13, 2018, 04:52:40 PM
 #9079

Much has changed since the days of the ICO. Utility tokens are a thing of the past and that, especially when we are talking about a crowdsale and Howey test - 95%+ of coins are securities. That is why I applaud the decision of Iconomi for this brave step.

I have some doubts regarding the way and intent of the transformation, but I will first need to give them a chance.

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November 15, 2018, 09:13:58 PM
 #9080

I tried to convert my icn to ETH and the system indicated that I should sent my ICN to some specific address that I dont own?  WTF?HuhHuh
Then in the small letter it says that you should be the owner of the keys for that address!
Any one knows what the fuck is going on with this ICN to ETH conversion?
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