Hey guys I have access now and can buy ICNX but when can ICNP be bought? Sorry I bet this has been answered. Be nice.
Hey Daparski stop sweet talking the newbies and kindly address my question above pls. Kind regards, Wolf Dagger.
Maybe never?
ICNP is part of ICN, buying ICN means (partly) buying ICNP. Iconomi had plan to offer ICNP to ICN initial investors, but because of over-funding, they instead use part of initial funds as ICNP influx.
I would expect (speculate) that when they open platform to DAA Managers, they might create another flagship DAA or open ICNP to ICO investors or public.
But I also suggest to look it up yourself. For example I found in
May AMA:
Q: Will ICNP become tradable together with ICNX? If not, when ICNP will become tradable? Q2,Q3,Q4, later?
jani8x: ICNP will not be tokenized as ICNX is.
And
June AMA:
jani8x: The ICONOMI platform will be home to many DAA’s. As of now there are 2: ICNP our actively managed closed-ended DAA with a high performance target. This is backed by Deloitte and CoFound.it. Secondly, ICNX our flagship index based DAA. This makes it possible to acquire a selection of digital assets with just a few clicks. Eventually anybody will be able to sign up and create their own DAA too.
The ICONOMI token ICN is an Ethereum-based ERC20 token. ICN token holders benefit from several revenue streams including 20% of ICNP realised gains, a 3% yearly ICNX management fee and 0.1% entry/exit fee, 30% (of a 1-10% management fee) will also be collected from all future Digital Asset Arrays (DAA) created on the ICONOMI platform. User created DAA’s will also include a 0.1% entry/exit fee.
As a holder of ICN you will benefit from all of the above. Currently ICNP’s assets represents approximately 45% of ICONOMI’s total assets. This value is embedded in the ICN tokens.
And
June AMA:
Q: Is there a plan to open ICNP eventually to outside money via platform? the wording on the site suggests so.
jani8x: Hello again jandetlefsen! The platform will offer multiple actively managed Digital Asset Arrays which will provide opportunities for investors. We are considering a few scenarios for how to open ICNP for additional investors and to make tokens tradable.