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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 545505 times)
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August 26, 2018, 07:45:37 PM
 #8901

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

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August 26, 2018, 08:51:26 PM
 #8902

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018



The token burn smart contract can be viewed here.

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August 26, 2018, 11:19:13 PM
 #8903

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018


The token burn smart contract can be viewed here.

14,951 ICN burned in 6 months ?
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August 27, 2018, 01:43:08 AM
 #8904

this is interesting

ETH 0x821dfea16c5922583c97b694c9abe01cf8a7a0e1
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August 27, 2018, 06:03:47 PM
 #8905

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018


The token burn smart contract can be viewed here.

14,951 ICN burned in 6 months ?

No, the total is 1,069,660 ICN burnt over the past 396 days. You can see the totals here:

https://etherscan.io/token/0x888666ca69e0f178ded6d75b5726cee99a87d698?a=0x0006157838d5a6b33ab66588a6a693a57c869999

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August 28, 2018, 03:58:26 AM
 #8906

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018


The token burn smart contract can be viewed here.

14,951 ICN burned in 6 months ?

No, the total is 1,069,660 ICN burnt over the past 396 days. You can see the totals here:

https://etherscan.io/token/0x888666ca69e0f178ded6d75b5726cee99a87d698?a=0x0006157838d5a6b33ab66588a6a693a57c869999

During the biggest crypto bull market, the Iconomi team burned less than 600k usd. All the 'expenses' seem to just go to the team, with the ICN investors holding the bag. Where are the promises from the original whitepaper that the team used to raise all this money?
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August 28, 2018, 01:07:29 PM
 #8907

During the bull market nothing was up and running on Iconomi, how would they be able to burn anything if nothing was making money yet?

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018


The token burn smart contract can be viewed here.

14,951 ICN burned in 6 months ?

No, the total is 1,069,660 ICN burnt over the past 396 days. You can see the totals here:

https://etherscan.io/token/0x888666ca69e0f178ded6d75b5726cee99a87d698?a=0x0006157838d5a6b33ab66588a6a693a57c869999

During the biggest crypto bull market, the Iconomi team burned less than 600k usd. All the 'expenses' seem to just go to the team, with the ICN investors holding the bag. Where are the promises from the original whitepaper that the team used to raise all this money?
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August 28, 2018, 03:22:50 PM
 #8908

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.

During the bull market nothing was up and running on Iconomi, how would they be able to burn anything if nothing was making money yet?

anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!

yes, burning takes place at the end of every quarter.

Quote
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.


proof - ICONOMI Financial Report — Q2 2018


The token burn smart contract can be viewed here.

14,951 ICN burned in 6 months ?

No, the total is 1,069,660 ICN burnt over the past 396 days. You can see the totals here:

https://etherscan.io/token/0x888666ca69e0f178ded6d75b5726cee99a87d698?a=0x0006157838d5a6b33ab66588a6a693a57c869999

During the biggest crypto bull market, the Iconomi team burned less than 600k usd. All the 'expenses' seem to just go to the team, with the ICN investors holding the bag. Where are the promises from the original whitepaper that the team used to raise all this money?
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August 28, 2018, 09:12:47 PM
Last edit: August 28, 2018, 09:50:15 PM by RichardReMark
 #8909

Quote from: RichardReMark
I hate to pop your bubble but there is 200000 bitcoin helt by the mt gox trustee that is about to be given back to the victoms ergo that wil bring the btc price down so just say goodbye to your bull run for the next (my guess 5 to 6 years. And the marketing already sucks the events are money waisting and i would have loved to see Iconomi or a daa manager (as a price for having the best preforming daa) speaking on the blockchain 2018 cruise schip.

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.
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August 29, 2018, 08:44:07 AM
Last edit: August 29, 2018, 08:54:24 AM by B!gSmoke
 #8910

Well, you are wrong there my friend. First of all, it’s not 200k its only 160k and these coins will most likely not appear on the market. Because the remaining btc are corporate assets that must be returned to the stockholders (Karpeles etc.). And since there will be no legal reason to sell these bitcoins they would be really stupid to sell them on their own after they received them especially at these prices.
Quote from: RichardReMark
I hate to pop your bubble but there is 200000 bitcoin helt by the mt gox trustee that is about to be given back to the victoms ergo that wil bring the btc price down so just say goodbye to your bull run for the next (my guess 5 to 6 years. And the marketing already sucks the events are money waisting and i would have loved to see Iconomi or a daa manager (as a price for having the best preforming daa) speaking on the blockchain 2018 cruise schip.

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.
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August 29, 2018, 03:57:23 PM
 #8911

Well, you are wrong there my friend. First of all, it’s not 200k its only 160k and these coins will most likely not appear on the market. Because the remaining btc are corporate assets that must be returned to the stockholders (Karpeles etc.). And since there will be no legal reason to sell these bitcoins they would be really stupid to sell them on their own after they received them especially at these prices.
Quote from: RichardReMark
I hate to pop your bubble but there is 200000 bitcoin helt by the mt gox trustee that is about to be given back to the victoms ergo that wil bring the btc price down so just say goodbye to your bull run for the next (my guess 5 to 6 years. And the marketing already sucks the events are money waisting and i would have loved to see Iconomi or a daa manager (as a price for having the best preforming daa) speaking on the blockchain 2018 cruise schip.

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.
Karpeles said he did’nt wanted the bitcoins so his wil be distributed to the victoms (i guess) but annyways there are no legal or illegal things in crypto.
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August 30, 2018, 08:42:48 AM
Merited by kobilica (28)
 #8912

There are no illegal things in Crypto??? So, what's with Bitconnect or Onecoin for example? WTF dude, I don't get your message there.

Well, you are wrong there my friend. First of all, it’s not 200k its only 160k and these coins will most likely not appear on the market. Because the remaining btc are corporate assets that must be returned to the stockholders (Karpeles etc.). And since there will be no legal reason to sell these bitcoins they would be really stupid to sell them on their own after they received them especially at these prices.
Quote from: RichardReMark
I hate to pop your bubble but there is 200000 bitcoin helt by the mt gox trustee that is about to be given back to the victoms ergo that wil bring the btc price down so just say goodbye to your bull run for the next (my guess 5 to 6 years. And the marketing already sucks the events are money waisting and i would have loved to see Iconomi or a daa manager (as a price for having the best preforming daa) speaking on the blockchain 2018 cruise schip.

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.
Karpeles said he did’nt wanted the bitcoins so his wil be distributed to the victoms (i guess) but annyways there are no legal or illegal things in crypto.
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August 30, 2018, 12:59:20 PM
Last edit: August 30, 2018, 04:52:23 PM by RichardReMark
 #8913


There are no illegal things in Crypto??? So, what's with Bitconnect or Onecoin for example? WTF dude, I don't get your message there.

Well, you are wrong there my friend. First of all, it’s not 200k its only 160k and these coins will most likely not appear on the market. Because the remaining btc are corporate assets that must be returned to the stockholders (Karpeles etc.). And since there will be no legal reason to sell these bitcoins they would be really stupid to sell them on their own after they received them especially at these prices.
Quote from: RichardReMark
I hate to pop your bubble but there is 200000 bitcoin helt by the mt gox trustee that is about to be given back to the victoms ergo that wil bring the btc price down so just say goodbye to your bull run for the next (my guess 5 to 6 years. And the marketing already sucks the events are money waisting and i would have loved to see Iconomi or a daa manager (as a price for having the best preforming daa) speaking on the blockchain 2018 cruise schip.

Hold on, the platform launched with the first couple of DAAs in Oktober and we got that btc bull run and alts cycle in Dec - Jan. So it was partly running but the problem back then was they didn't do much marketing during the bull run. What and here I agree on you keot the possible burning rate of the ICN token relatively small. However, for at least what I know this will change in the next bull run. So, that's when buybacks really should start to kick in.
Karpeles said he did’nt wanted the bitcoins so his wil be distributed to the victoms (i guess) but annyways there are no legal or illegal things in crypto.

Quote from: RichardReMark
And i don’t get your message here aswell dude, let me tell you exactly what will happen with bitconect and Onecoin: they wil get sued and have to pay a fraction of the amount that they have scamed out of people so yea the scammers still stay rich. Its like the real world and those scammy banks and corporations they just pay there way out of there problems, its the wild west no civilised society here move along aliens there is nothing to see here.
onirecon2018
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August 31, 2018, 03:44:36 AM
 #8914

I like ICN as an investment. I believe digital assets will become a legit asset class, alongside with commodities and real assets. If this happens, ICONOMI will be in a great position to capture billions of asset under management because its platform allows the inclusion of funds with different investment styles.
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September 03, 2018, 04:29:13 PM
 #8915


[/quote]
the mt gox people have already been compensated i read now so ignore me, i should have stoped posting on this tread a long time ago its good nobody is reading this shit annyways. Im still short on btc bye.
joewinkler
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September 03, 2018, 05:38:12 PM
 #8916

While the crypto market was stagnating during this weekend the price of the BMx1DV showed the incredible growth.. The digest published by Blackmoon states that the token selling price was $10.6 as of August 15 and reached $16.4 as August 18! This provides app 55% profit just within 3 days!

http://bit.do/blackmoonplatform

⚤♥ SKXnk8NfcmnufppRmyAGpEqUsVkuTJbmxz SXC | ₲ SLvNp5QWmZVHFrYKeFyRS5AoJJZqPwTT4V GRC | Ψ AbjccCitKYV2nPbfqZycVt3GggB3bZ435G XPM | Ᵽ P8iKPd37WL432bXFAfZMSkA5LW2iytYXbr PPC | ℕ NJXzxntcNVPev8tsf5PwDPLCHP3oTS2BFA NMC | Ł LT8jLGNBPCiBafC2wVjpehP4UMwJkY2nHb LTC | Ď DJXUkQxF6AeCnb81wmQxmaS6dJF6dBfkro DOGE | ฿ 1JxyLg4TKcULz3fvit4kdrtTYAVkLHahvD BTC | Đ 1Jx1t3XPpxjQmtZWve9qzTnzNheBR3WGBm DVC | Earn Devcoins by Writing | sexcoin.wiki | sexcoin.sexy | sexco.in | sexcoin.co.in | sexcoin.in | sexcoin.online | sexcoin.space | sexcoin.eu | sex-coin.de
TitanFalls
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September 04, 2018, 09:27:36 AM
 #8917

While the crypto market was stagnating during this weekend the price of the BMx1DV showed the incredible growth.. The digest published by Blackmoon states that the token selling price was $10.6 as of August 15 and reached $16.4 as August 18! This provides app 55% profit just within 3 days!

http://bit.do/blackmoonplatform

Why do you post it there? Do you want to tell us that Blackmoon is better than ICN? If yes, so why is it better?
Vermalen
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September 04, 2018, 02:18:52 PM
 #8918

Check out Monthly Update to see what happened in August and find out what’s next. Read more here:

https://medium.com/iconominet/monthly-update-viii-e0b9ae04937f
keepinquiet
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September 04, 2018, 02:46:17 PM
 #8919

While the crypto market was stagnating during this weekend the price of the BMx1DV showed the incredible growth.. The digest published by Blackmoon states that the token selling price was $10.6 as of August 15 and reached $16.4 as August 18! This provides app 55% profit just within 3 days!

http://bit.do/blackmoonplatform

Why do you post it there? Do you want to tell us that Blackmoon is better than ICN? If yes, so why is it better?

Hey, yeah, it is, IMO. The BMx1DV token has made more than 49% in under 2 weeks. Take a look at the screenshot.

https://screensync.net/xrFsvYK8
therhslv
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September 04, 2018, 08:23:35 PM
 #8920

I think Iconomi is one of the Best Digital asset management platforms out there . Iconomi was one of the first project i participated in ICO and still holding some Tongue Like the Interface of the webpage and how they made it easy to use for people . Keep it up . Did check few other competitor projects , but they are still far away from ICONOMI Smiley

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