ICONOMI - Live for today. Invest for tomorrow.

[a29654]

That wasn't a delay brother. They felt they could start beta earlier than intended but later retracted that to their original deadline. The only people calling it a delay were the people creating fake count down timers and posting Lambo pics.

Just to clarify. ICNX is scheduled to be released this month, correct?

[nicemycoin]

what's up,the first post of this thread is deleted by the OP?

[Anarchy101]

what's up,the first post of this thread is deleted by the OP?

It's a new moderated thread. They opened it because many were spam posting in the previous thread.

[nejchi31]

So correct me if I am wrong about ICNX.

ICNX is currently just an index which describe the behavior of ICONOMI fund portfolio (bitcoin, eth, monero, etc...basically in what they have invested???) regarding to the weights (assigned to those cryptos)?
So this index will become a token and he will be totally depended on other cryptocoin prices fluctuation (that are in the icnx pool)? In that case (teoretical perspective ), if BTC crashes (he has the highest weight) price of a ICNX token will rapidly fall?

If I have right idea about this, what do you think initial price would be?

[szafa]

Even i dont know what is Icnx.Maybe like npoint in nova.

[stormia]

It's an index fund of different cryptos, its value is determined by the value of its components and their weightings.

[stormia]

So correct me if I am wrong about ICNX.

ICNX is currently just an index which describe the behavior of ICONOMI fund portfolio (bitcoin, eth, monero, etc...basically in what they have invested???) regarding to the weights (assigned to those cryptos)?
So this index will become a token and he will be totally depended on other cryptocoin prices fluctuation (that are in the icnx pool)? In that case (teoretical perspective ), if BTC crashes (he has the highest weight) price of a ICNX token will rapidly fall?

If I have right idea about this, what do you think initial price would be?

Yeah that is how an index fund works. The crash of a large component will strongly negatively impact the price of the index unless the other components happen to balance it out. The fund is more than just btc so it can still perform better than btc during a btc dump (could also perform worse too), meaning it could act like a hedge for btc dumps. And if the fund becomes more diversified it will become more stable and less dependent on BTC price.

The point of this fund as I understand it is to capitalize on the collective growth of the cryptocurrency markets, kind of like the S&P 500 but with cryptocurrency. So if you think the cryptocurrency economy as a whole is going to grow in the future it is a way to invest in that. An easy way to invest without putting your eggs in one basket. Of course you can manage your own portfolio but this is supposed to be for people who don't want to or would rather invest in a portfolio managed by somebody with more experience.

[stormia]

Actually this is the composition from 21 December 2016



So BTC isn't the biggest component by much. But of course most every alt price is somewhat dependent on BTC.
Anybody know if/how it has been changed since?

[Sjacmur]

If I bought Iconomi in ICO I have now ICNX tokens ? On my ico acount wrote that I have xxxx ICN not ICNX.
after start trading platform I will have ICNX or it be something other and I need buy it again ?

[Compa]

what's up,the first post of this thread is deleted by the OP?

this is a new thread for self moderate
if you want to see old thread
here https://bitcointalk.org/index.php?topic=1587736.0

[loremipsum]

Actually this is the composition from 21 December 2016



So BTC isn't the biggest component by much. But of course most every alt price is somewhat dependent on BTC.
Anybody know if/how it has been changed since?

They rebalanced the fund on January 31. You can check here:
https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-31-january-2017-rebalancing-cb2b63c8a197#.6m5hu6qvf

Zcash was removed and they added Synereo and Siacoin. They also changed some weights

[mammusu]

the Iconomi platform is available now?
that's good. Please link to create an account there. thanks in advance.

[puremage111]

the Iconomi platform is available now?
that's good. Please link to create an account there. thanks in advance.

Not yet, as its only in beta for the tester but guess within weeks of testing later it gonna be launching soon, stay tuned

[XbladeX]

If I bought Iconomi in ICO I have now ICNX tokens ? ***

No because ICNX is mix of crypto assets while ICN is profit sharing token form managing those indexes.

****
after start trading platform I will have ICNX or it be something other and I need buy it again ?

If you want own ICNX you will have to buy some.
But if you own ICN you also own proportional shares of ICNP. (current net worth about 10-12m$).
As owner of ICNP you will get dividends from ICNP when some tokens will be overpumped and profits will be realized.
But yo can not sell ICNP bounded to ICN directly for dividends.

For me that part of ICNP is best , someday those tokens inside ICNP will be worth more than all tokens of ICN if all will goes in good direction.
Sad part is that you have to hold long to see results in game.

[royalfestus]

Keep buying or holding your icn guys... the sight to the moon is clear 

Quick noob question guys.

What is the best and easiest way to buy some ICONOMI coins?

Kraken is probably the best exchange for ICONOMI...most volume.

just in case u cant get on kraken exchange u can also get account with liqui, it has a good volume of ICONOMI also

[pusaka]

Keep buying or holding your icn guys... the sight to the moon is clear 

Quick noob question guys.

What is the best and easiest way to buy some ICONOMI coins?

Kraken is probably the best exchange for ICONOMI...most volume.

just in case u cant get on kraken exchange u can also get account with liqui, it has a good volume of ICONOMI also

Would better if we can trading on bittrex or poloniex too.
both exchanges is a good volume of altcoins.

[Enjorlas]

FACT #1: ICN tokens will receive 100% of the revenue generated by Iconomi platform, including all the fees from the fiat portal, index array, and performance array

FACT #2: More beta users are getting access to platform. This is one of the only projects on coinmarketcap.com that is on schedule and already generating significant revenue

FACT #3: ICNX just hit an alltime high.  ICNP has already generated about $400k in unrealized profit and still has 98% of its' seed money patiently waiting to be invested

[DildoInsider]

FACT #1: ICN tokens will receive 100% of the revenue generated by Iconomi platform, including all the fees from the fiat portal, index array, and performance array

FACT #2: More beta users are getting access to platform. This is one of the only projects on coinmarketcap.com that is on schedule and already generating significant revenue

FACT #3: ICNX just hit an alltime high.  ICNP has already generated about $400k in unrealized profit and still has 98% of its' seed money patiently waiting to be invested

The BIG PUMP is coming... ICN will soon rise above 0.001

[Mi]

How many icnp shares i own per invested ico / proportion (icn) $?

[Daparski]

How many icnp shares i own per invested ico / proportion (icn) $?

20% of realized profits will be distributed among all ICN holders.