ICONOMI - Live for today. Invest for tomorrow.

[Gutenhans]

Yes, the fees will go towards buybacks, but I doubt that it will listed on the ICN platform because it is only for professional investors...

I doubt it because they stated that only professional investors will be able to purchase these funds...

So will Nina Columbus be available to buy on Iconomi platform just like regular funds? I've only glimpsed thru the medium article but haven't found this info, only about traditional stock exchange.

where have you seen this statement? To my knowledge they said they will pay fees to iconomi that means using the iconomi platform.

check the last sentence in the post

https://medium.com/@columbuscapital/2018-the-year-of-columbus-capital-q-a-2e53e01bfed9

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.

[1713554748]

1713554748

[pzrqvw]

Yes, the fees will go towards buybacks, but I doubt that it will listed on the ICN platform because it is only for professional investors...

I doubt it because they stated that only professional investors will be able to purchase these funds...

So will Nina Columbus be available to buy on Iconomi platform just like regular funds? I've only glimpsed thru the medium article but haven't found this info, only about traditional stock exchange.

where have you seen this statement? To my knowledge they said they will pay fees to iconomi that means using the iconomi platform.

check the last sentence in the post

https://medium.com/@columbuscapital/2018-the-year-of-columbus-capital-q-a-2e53e01bfed9

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.

an interesting project rather for retail investors could be:

https://bitcointalk.org/index.php?topic=3270527.0

[Gutenhans]

Yes, the fees will go towards buybacks, but I doubt that it will listed on the ICN platform because it is only for professional investors...

I doubt it because they stated that only professional investors will be able to purchase these funds...

So will Nina Columbus be available to buy on Iconomi platform just like regular funds? I've only glimpsed thru the medium article but haven't found this info, only about traditional stock exchange.

where have you seen this statement? To my knowledge they said they will pay fees to iconomi that means using the iconomi platform.

check the last sentence in the post

https://medium.com/@columbuscapital/2018-the-year-of-columbus-capital-q-a-2e53e01bfed9

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.

an interesting project rather for retail investors could be:

https://bitcointalk.org/index.php?topic=3270527.0

Team does not have experience in other projects not to mention finance. Philipp Doğan it's the only one with a 2 year work experience. At least is this is what come up with doing a quick search. They speak about Switzerland and Swiss law in the concept paper yet none of them are from there. Building a business in a country that is foreign to you and you don't have any past experience in doing so it's not a wise choice. Token distribution it's the point that draws the line 35% from all token will be sold to the public. These are bad numbers and if you consider that they want to make a system that pays dividends it's even worse. this means you will get only 35% of the profit that will be distributed to 100% investors. If they we're really planning to make a divident system that works and will pay good somewhere in the future they would have gone maybe with less than 15% of the tokens for team costs and everything else. Iconomi had 85% of the tokens sold in crowdsale. Not to ruin your party but i would be a little careful how much i invest with them.

[zihadhayder]

Oh,i want to achieve this coin,very recently i will buy 1000 pich.

[someonesomeone]

Who said that professional investors will avoid Iconomi? I am a big supporter and ICN owner, not someone trying to FUD. But it is stated in the Columbus Capital blog post that only professional investors will be able to invest in Nina, simple fact...

Why I don't think that the fund will be listed on the Iconomi platform? Because they will have to differentiate between professional investors and regular ones. Professional probably meaning acredited (in my opinion anyway). But now that I am thinking about it, they might just list it as a private DAA and only show it to investors that qualify for it and that would probably be the easiest way to hold the funds on the platform and directly collect fees.

Yes, the fees will go towards buybacks, but I doubt that it will listed on the ICN platform because it is only for professional investors...

I doubt it because they stated that only professional investors will be able to purchase these funds...

So will Nina Columbus be available to buy on Iconomi platform just like regular funds? I've only glimpsed thru the medium article but haven't found this info, only about traditional stock exchange.

where have you seen this statement? To my knowledge they said they will pay fees to iconomi that means using the iconomi platform.

check the last sentence in the post

https://medium.com/@columbuscapital/2018-the-year-of-columbus-capital-q-a-2e53e01bfed9

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.

[Topknotbam]

ICONOMI's @JureSutar has prepared an insightful report from Meet the Managers: Madrid, where our speakers were joined by investors and potential DAA managers for a day of keynote talks and interactive panel discussions. Read more about the event here:













https://medium.com/iconominet/meet-the-managers-madrid-6838346c18a1



https://twitter.com/iconominet/status/983697964756623361

[MaxKordek]

Final escrow update from my side in regards to Iconomi's LSK holdings

https://twitter.com/MaxKordek/status/984408284328349696

Thanks to the Iconomi team for being so professional in the whole matter. My job with being an escrow agent is now done and I'm looking forward to more announcements from the Iconomi team. Their platform sure went a long way from the beginning, looks great!

[sud]

@someonesomeone @Gutenhans

So do we have any conclusion about Nina being present on ICONOMI and available to buy for registered users? Would really like to know should I collect some funds to get some or just forget about it. Maybe next AMA we get straigth answer.

[someonesomeone]

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

@someonesomeone @Gutenhans

So do we have any conclusion about Nina being present on ICONOMI and available to buy for registered users? Would really like to know should I collect some funds to get some or just forget about it. Maybe next AMA we get straigth answer.

[think3214]

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

New #DAA metrics have been released: volatility, max drawdown, and return (including all-time). Check out the new metrics for this quarter's best performer, FCI: https://www.iconomi.net/dashboard/#/daa/FCI

[sud]

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

@someonesomeone @Gutenhans

So do we have any conclusion about Nina being present on ICONOMI and available to buy for registered users? Would really like to know should I collect some funds to get some or just forget about it. Maybe next AMA we get straigth answer.

Yes, if Nina gets tokenized like BLX did, and it will perform well, I would like to buy some to diversify my portfolio. Do you still fill your bags with ICN? I cannot convince myself to get more, although still belive some day this token will shine.

[ruletheworld]

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

@someonesomeone @Gutenhans

So do we have any conclusion about Nina being present on ICONOMI and available to buy for registered users? Would really like to know should I collect some funds to get some or just forget about it. Maybe next AMA we get straigth answer.

Yes, if Nina gets tokenized like BLX did, and it will perform well, I would like to buy some to diversify my portfolio. Do you still fill your bags with ICN? I cannot convince myself to get more, although still belive some day this token will shine.

I think the team has gone back on their word one too many times, so no one trusts them anymore with helping the ICN token. I guess they have completely retracted the whitepaper on which they raised money from investors as well, and have been changing things without consulting with ICN holders who gave them the capital to invest.

[Vermalen]

An insightful interview MatejTomazin gave for TriStone: https://bit.ly/2qz8u5b

And Weekly Update  13 Apr - https://medium.com/iconominet/iconomi-weekly-update-d290aa65be14

[ruletheworld]

An insightful interview MatejTomazin gave for TriStone: https://bit.ly/2qz8u5b

And Weekly Update  13 Apr - https://medium.com/iconominet/iconomi-weekly-update-d290aa65be14

Still nothing on the ICN utility Seems the team has given up on the people who funded them in the first place.

Does anyone have a copy of the original ICONOMI whitepaper that they used to raise money from investors? (Post here or PM me please)

[muleroaa]

An insightful interview MatejTomazin gave for TriStone: https://bit.ly/2qz8u5b

And Weekly Update  13 Apr - https://medium.com/iconominet/iconomi-weekly-update-d290aa65be14

Still nothing on the ICN utility Seems the team has given up on the people who funded them in the first place.

Does anyone have a copy of the original ICONOMI whitepaper that they used to raise money from investors? (Post here or PM me please)

It does feel like a constant kick in the nuts towards ICO investors.

I think it would be good to post the original whitepaper publically for everyone to see, if anyone still has it that is.

[Ferdo]

An insightful interview MatejTomazin gave for TriStone: https://bit.ly/2qz8u5b

And Weekly Update  13 Apr - https://medium.com/iconominet/iconomi-weekly-update-d290aa65be14

Still nothing on the ICN utility Seems the team has given up on the people who funded them in the first place.

Does anyone have a copy of the original ICONOMI whitepaper that they used to raise money from investors? (Post here or PM me please)

They announced ICN utilities one month ago and posted a timeline when they will be introduced

https://medium.com/iconominet/introducing-fees-payable-in-icn-4c466e17a6cb

Dividends have been abandoned to avoid being proclaimed as securities which might be a good decision seeing upcoming regulatory framework. Lots of projects are going in the same direction. The end result should be pretty much the same

[sud]

@muleroaa @ruletheworld

I wasn't in crypto in 2016 yet and didn't invest in Iconomi ICO, but when I first bought ICN tokens the dividends was still on the roadmap (early 2017). I've found this pdf dated July 2016, so I guess it is the original one made for crowdsale. They even ditched the token holders voting promise...

https://coss.io/documents/white-papers/iconomi.pdf

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

On the positive side, the team delivered working product - fund management platform, and they are developing it pretty well. Not many blockchain projects did that.

[ruletheworld]

@muleroaa @ruletheworld

I wasn't in crypto in 2016 yet and didn't invest in Iconomi ICO, but when I first bought ICN tokens the dividends was still on the roadmap (early 2017). I've found this pdf dated July 2016, so I guess it is the original one made for crowdsale. They even ditched the token holders voting promise...

https://coss.io/documents/white-papers/iconomi.pdf

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

On the positive side, the team delivered working product - fund management platform, and they are developing it pretty well. Not many blockchain projects did that.

Thanks for the link. It does seem like the original Whitepaper. I remember reading it before the ICO, but never saved a copy. Good to have a local copy just in case.

For reference on how much the team has gone back on their original promises, here's a quote. Note that dividends vs. buybacks is the least of people's concerns:

100 % of the ICONOMI tokens represent 100 % ownership of the ICONOMI platform, comprising of all assets and liabilities, as well as each and every right and obligation, including but not limited to intellectual property rights, branding and trademarks.

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

ICN ownership entitles its possessor to participate in ICONOMI platform related voting. One of the most important voting issues will be the selection of service operators. ICN holders are free to vote on a service operator at any time after the ICONOMI platform has been launched, but not before a 24-month moratorium has passed.

I don't see the above being true one bit.

The biggest problem is, all these 'changes' were done AFTER the team raised millions of dollars from the ICO participants. This is material misrepresentation to investors.

With respect to the actual product being developed, I am quite happy with that to be honest, and you're right that they seem better than most ICOs that never deliver anything. With that being said, all the value is going to the team instead of the ICN holders as they promised during the ICO. This is a problem. It is as if they took the money from one group, and built something to benefit another group, violating all the promises made to the first group during the process of raising money. That's what is concerning - not the product itself, but the use of the funds to benefit the investors who put the money to build the product in the first place. That's why everyone is so keen on the ICN utility, so that the ICO investors can see some of the benefits from the platform as well.

The dividends aspect is just one of dozens of issues.

[Sjacmur]

@ruletheworld

exactly.
They scam us.
I participate in ICO and never see any profit or dividend from this tokens.
Token without connection with platform are useless and nothing worth. Price depends from only speculation even with some burns. Burns nothing is still nothing worth.

Yes platform after many years and funds works but ICN token dont give us any profit.
Its scam.

[someonesomeone]

They haven't changed anything but dividends to buybacks.

The 24 month moratorium hasn't passed yet so there was no vote yet...

They stated in a previous AMA that ICN token holders would be entitled to the money from all the Iconomi owned assets if it would come to a stop.

EDIT: Am I unhappy with their speed of development and ICN utility? For sure, but I still think that they are building up the foundations to make ICN holders very rich in the future and I am willing to wait.

@muleroaa @ruletheworld

I wasn't in crypto in 2016 yet and didn't invest in Iconomi ICO, but when I first bought ICN tokens the dividends was still on the roadmap (early 2017). I've found this pdf dated July 2016, so I guess it is the original one made for crowdsale. They even ditched the token holders voting promise...

https://coss.io/documents/white-papers/iconomi.pdf

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

On the positive side, the team delivered working product - fund management platform, and they are developing it pretty well. Not many blockchain projects did that.

Thanks for the link. It does seem like the original Whitepaper. I remember reading it before the ICO, but never saved a copy. Good to have a local copy just in case.

For reference on how much the team has gone back on their original promises, here's a quote. Note that dividends vs. buybacks is the least of people's concerns:

100 % of the ICONOMI tokens represent 100 % ownership of the ICONOMI platform, comprising of all assets and liabilities, as well as each and every right and obligation, including but not limited to intellectual property rights, branding and trademarks.

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

ICN ownership entitles its possessor to participate in ICONOMI platform related voting. One of the most important voting issues will be the selection of service operators. ICN holders are free to vote on a service operator at any time after the ICONOMI platform has been launched, but not before a 24-month moratorium has passed.

I don't see the above being true one bit.

The biggest problem is, all these 'changes' were done AFTER the team raised millions of dollars from the ICO participants. This is material misrepresentation to investors.

With respect to the actual product being developed, I am quite happy with that to be honest, and you're right that they seem better than most ICOs that never deliver anything. With that being said, all the value is going to the team instead of the ICN holders as they promised during the ICO. This is a problem. It is as if they took the money from one group, and built something to benefit another group, violating all the promises made to the first group during the process of raising money. That's what is concerning - not the product itself, but the use of the funds to benefit the investors who put the money to build the product in the first place. That's why everyone is so keen on the ICN utility, so that the ICO investors can see some of the benefits from the platform as well.

The dividends aspect is just one of dozens of issues.