Spratan
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March 03, 2017, 02:03:46 PM |
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has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?
what? If you mean ICNP, so no. They won't share their exit strategy. As for announcements - they will always be made after. They announce in which ICO they invested after ICO has ended, and the same will probably apply for selling. Not sure they need to announce what and how much they sold Yes, the exit strategy was the question, thanks for your understanding. I suppose I need to dig more in the forum and in other ressources, because I am surprised people massively invest without having a better understanding of the exit strategy and philosophy, only based on the trust that the team will do a good job (this is crypto !).
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Nachbar90
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March 03, 2017, 02:50:25 PM |
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**** Dividends. 3% annual management fee as well as .1% entry/exit fee is taken from all ICNX activity and distributed to ICN holders. Likewise, the ICNP will distribute 20% of its realized profits to ICN holders. And then later in 2017, the open fund management system will start paying dividends as well.
The dividends will be for every $1,000,000 that gets distributed, each ICN token will entitle you to $.01. So 100 ICN tokens equal $1 per million.
I would add to that if they have good products and people will use it widely. It can build haavy volumes... Do you want get some share from Poloniex fees today ? http://coinmarketcap.com/exchanges/volume/24-hour/Poloniex about 100m$ volume daily = ~300 000 $ day from fees ... Korbit (1st i have heard) 10m$ volume daily = 30 000 $ from fees Polo needed 3 years of hard work be where is now. Can ICONOMI be poloniex for funds - yes it can. If iconomi were polo you would get: 200 000$ daily from fees buy/sell fees ~ 30 000$ for management daily lets say in good scenario this is like 250 000$ day so 0.0025 per ICN ~ 2.5$ per 1000 ICN DAILY / 70$/1000ICN month. and 840$ year 1000ICN today is ~400$. BLACK side of that deal is you need to wait for good developmment:D... When you value stock they pay about 5% share so ICONOMI value should fly 20x but this is theory crafting for patient people. PS: My caluation does not included 6 000BTC in ICNP - that was main reason i put here bigger amount of BTC ^^ Nice! Haven´t thought about looking up what these exchanges earn. Now we have the proof that Iconomi team is really working hard, and has already brought up a working product for some beta testers. https://vimeo.com/206217444They have 10 Million in the pipeline, where a decent amount will be invested in marketing to reach more people. Besides that, large amounts of the ICO money getting invested in their own funds, which means the money will flow back to the investors. We take it thankfully of course On the other hand we have ICN tokens at an ridiculous price atm, because we had several HUUUUGEE FUD attacks at relatively low volume (not yet on Polo).The FUDlers took it very seriously. The better the project, the more they want to aquire large chunks of the tokens to make even more gains!They managed it to bring the price down with DAILY FAKE NEWS + selling again and again under the current market price. Of course, people who were new to crypto investments got very cold feet and dropped there coins. They were afraid to lose all! Very sad for the week-handed people But the project team does it´s job and you can read news almost daily in the slack channel. The team is very busy atm but here and then they write something in the channel. if you have questions, join https://iconominet.slack.com
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liuka
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March 03, 2017, 03:14:41 PM |
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1 million per year or per what ? i only hold icn on kraken im not ico how will i get paid from that !
Be patience, When the platfrom is already release you can get a dividens, but you need store your ICN in your wallet, not in exchanges.
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rgornik
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March 03, 2017, 04:09:38 PM |
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I read this thread every day, joined their slack, which is by far the most active that i got into.
that is 100% true, other slacks write as much in one day as we discuss maybe in 1 hour. Despite being new and having seen the price spike up and down several times all I do i hodl and buy more whenever i can. stop the fud ^that^ 1 million per year or per what ? i only hold icn on kraken im not ico how will i get paid from that ! you will get paid by realized profit and fees but you will need to have a ether adress to get dividends
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Motivator
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March 03, 2017, 04:23:53 PM |
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Can someone update me on what's going on with the price? I'm shocked to say the least, heavily invested into this and come back from my holiday to see nothing but plummets.
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FUTURECRYPTO
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March 03, 2017, 04:27:48 PM |
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Can someone update me on what's going on with the price? I'm shocked to say the least, heavily invested into this and come back from my holiday to see nothing but plummets.
I think BTC rally has something to do with our price. Not just ICN, many alts under development got affected too. Next week is going to be little shaky till next week. HODL HODL HODL!!!!
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pennyroyal
Newbie
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March 03, 2017, 04:30:33 PM |
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Can someone update me on what's going on with the price? I'm shocked to say the least, heavily invested into this and come back from my holiday to see nothing but plummets.
I think BTC rally has something to do with our price. Not just ICN, many alts under development got affected too. Next week is going to be little shaky till next week. HODL HODL HODL!!!! Also ETH rally!
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mankeen
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March 03, 2017, 04:35:20 PM |
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I think it's ICNX that's backed by BTC and ETH holdings. ICN is just shares of the ecosystem?
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BioMoh
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March 03, 2017, 04:44:02 PM |
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Be patience, When the platfrom is already release you can get a dividens, but you need store your ICN in your wallet, not in exchanges.
u mean Local pc wallet or which wallet u mean ! i have myetherwallet but no icn wallet on it
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Enjorlas
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March 03, 2017, 05:08:31 PM |
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Be patience, When the platfrom is already release you can get a dividens, but you need store your ICN in your wallet, not in exchanges.
u mean Local pc wallet or which wallet u mean ! i have myetherwallet but no icn wallet on it You can send all ether based tokens to an Ether wallet. You can send ICN to your ether wallet the same way you send Ether.
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xtyling
Sr. Member
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Activity: 588
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Crypto is Life!
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March 03, 2017, 05:12:22 PM |
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All coins are pumping which is strange and only ICN is stable or down
My sense is telling me Price Manipulation on the others. iCN is the one true King
Ave ICN !!!!
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DugiOtok
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March 03, 2017, 06:07:12 PM |
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I wonder if they have released any news about the 'digital asset liquidity' problem they were facing. Have they found a solution yet?
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Daparski
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March 03, 2017, 06:14:57 PM |
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Be patience, When the platfrom is already release you can get a dividens, but you need store your ICN in your wallet, not in exchanges.
u mean Local pc wallet or which wallet u mean ! i have myetherwallet but no icn wallet on it You can send all ether based tokens to an Ether wallet. You can send ICN to your ether wallet the same way you send Ether. Not to ALL eth wallets. Make sure the wallet you are sending to supports ICN. For example jaxx wallet does not support ICN yet, and if you send it to coinbase eth wallet, those ICN are lost forever
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Flyingbits
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March 03, 2017, 06:36:25 PM |
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I wonder if they have released any news about the 'digital asset liquidity' problem they were facing. Have they found a solution yet?
They said liquidity issues were already solved for ICNX by instituting liquidity thresholds for asset inclusion in ICNX and imposing dynamic buying limits based on current market situation They are still working in the liquidity of the assets related with the DAMP funds, as long as their fund managers will create and follow their own rules... I guess it will take them some time... No news as far as I know...
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CrowdFunder
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March 03, 2017, 06:44:03 PM |
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Can't wait to see ICN platform take off . This is a great project, don't forget that !
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trumpc2016
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March 03, 2017, 08:30:33 PM |
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$10 in the summer. I bet.
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andron8383
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March 03, 2017, 08:54:20 PM |
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I think it's ICNX that's backed by BTC and ETH holdings. ICN is just shares of the ecosystem?
They buy/sell those alt coins in idex that is why there were meeting with bittrex/poloniex . Later they add those indexes into exchanges which is quite good IMO more liquidity and flexibility for people.
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Enjorlas
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March 03, 2017, 09:04:58 PM |
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People will soon see, Iconomi was not built for crypto nerds dicking around with pocket money. It was built for large investors with large pockets.
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u2boy
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March 03, 2017, 09:08:53 PM |
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from Slack (iconominet.slack.com): flyingbits [2:38 PM] Does anybody know what is Jani going to talk about in Puerto Rico? Just ICOs... Or ICONOMI and it's platform index funds and DAMP?http://coinagenda.com/#speakers jani [2:44 PM] I'll be here on two panels. ICO and fund panels. But most importantly. A lot of institutional funds or funds that are in creation with the purpose of investing into ICOs are here. Making connections and earning trust. All the institutional fund managers will need to manage funds as well.
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