I've been reading a little bit into this project,but I feel like I'm missing something. Why can't someone else collect money like ICN did in its ICO and invest money into crypto to pay dividends?
Yes like on market you will have many competitors, currently you have working (like blue magic capital) but ICONOMI is something more than just fund.
1) platform where you can freely trade those ICNX and ICNP indexes ( i don't see something like that so far anywhere)
nowdays funds don't give you flexibility like ICONOMI is buy/sell at any time automatically.
2) OFM - uber for fund managers win-win for investors/managers Arrays of crypto managed automatically
no one of competitors is building that
3) 6000BTC seeded into ICNP fund i personally believe that in 2-4 years those funds will multiply ICN value itself without any work that was my main point for me heavily investing into project.
There will be competitors and competition is great for all it makes better products and brings more people into funds.
People will hoop from one to other or use multiple to diversify risk.
If ICONOMI for 3 years will reaming his position and show hacker-profess and stability it can be for fund something like Poloniex is for crypto today.
Down side of all is many "if" but so far ICONOMI is delivering with some delays but like with all prototypes you mostly have some delays I know it from real life experience. From projects that get like 10000+ BTC ICNOMI today
has shown platform while projects like Lisk Waves DixDao are not even in beta or alfa to see some results so from me this is big + ICONOMI.