ICONOMI - Live for today. Invest for tomorrow.

[ruletheworld]

Is there any published report on how much the team is getting paid in fiat/ETH and in ICN?

Also, is there a published report on insider buys and sells of ICN?

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[btcdevil]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

[muleroaa]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

[wavessurfing]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

[btcdevil]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.

[Ferdo]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.

They already announced few utilities. I admit there could be more and I hope they will introduce them soon.

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

But I see no huge difference between ICN and Binance coin which has a marketcap of 1 bln. More users and DAA managers should bring the price of ICN up

[Ruicosta.ac]

With the blockchain technology it's easy to maintain transparency. They store many assets in protected cold storages which are safe from any hackers. It's easy even for beginner to get onto their platform and start investing, so I guess it's an okay project.

[jack1111]

This is another big project which also scammed their investors by first giving false commitment and then after getting good investment in ICO now they changed the project and left the investors with dead coin ICN and now enjoying the fund received and giving clarification of performing well but for whom not for old investors but they are earning itself.

2015,2016 two big projects DECENT + ICONOMI both at the end scammers so no one can believe on any altcoin projects BTC is always a good choice to hold and any altcoin project is better to sell of when ever you are in profit.

Have they still not declared what kind of usability the ICN token will get? They did say there would be another use case for it. I agree though, they completely changed what was envisioned in the white paper and what people actually invested for.

and the result is ? a very low price of the token.

Until their is usage of coin the value will increase but in this project their is no usage of ICN token it is like it was just created as dummy scam coin to collect investment and use that investment for another project which is no way related to ICN token. That is why the price is decreasing and if same is going to happen within some days you can get ICN token for 1 sat just like another SCAM DEAD COIN.

They already announced few utilities. I admit there could be more and I hope they will introduce them soon.

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

But I see no huge difference between ICN and Binance coin which has a marketcap of 1 bln. More users and DAA managers should bring the price of ICN up

I agree with you, with more use cases and more users on the patform, the price will increase gradually. It is simple to understand the price of a token like ICN, more users means more demand on the token and higher burn rate, so it is correlated to the general crypto market situation. During the next bull run, I expect a surge in the number of ICONOMI users.

[niksdt101]

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

[Topknotbam]

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.

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.

[estenity]

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.

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 ?

[Tokenista]

this is interesting

[muleroaa]

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.

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

[ruletheworld]

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.

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?

[someonesomeone]

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.

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?

[B!gSmoke]

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.

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?

[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.

[B!gSmoke]

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.

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.

[RichardReMark]

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.

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.

[B!gSmoke]

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.

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.