ICONOMI - Live for today. Invest for tomorrow.

[stan86]

ICONOMI Financial Report — Q3 2018

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

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[Perunex]

ICONOMI Financial Report — Q3 2018

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

I don't understand now, if they will be doing an STO in Lichtenstein or Malta? If I understand correctly, now they are leaning towards Malta? Or is this just regarding the fiat gateway?

Is burning still happening? Or will they distribute already made profits (from Q3 for example) to eICN holders?


I salute the fiat gateway! A very important step for Iconomi and definetly a must!

[sud]

Q3 report looks poor compared to previous quarter. Revenue, book value, market capitalization all went down and only 1000 new users registered on the platform. This is a result of complete lack of marketing and promotion I guess.

[adamgud]

Some changes in the legal and structural direction of ICONOMI’s corporate governance. More: https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0?fbclid=IwAR04jnDsvF_dlw5zpvwPOmocxwEgfXfkgbDvMgQumeCcuFIKRw1Ks37v8Ac

also, "one of our main focuses for Q4 will, of course, be eICN. We will be releasing the user interface and more information about the process of reserving your eICN on the ICONOMI platform or exchanging your ICN for Ethereum this week".

[Xkaliber]

Q3 report looks poor compared to previous quarter. Revenue, book value, market capitalization all went down and only 1000 new users registered on the platform. This is a result of complete lack of marketing and promotion I guess.

starting in Q2 to Q3 2018 it looks bad from all altcoins, we hope that November-December later in Q4 at the end of the year bitcoin and altcoin can rise again, but I am quite satisfied with the increase of ICN rise 5% today

[adamgud]

The user interface for submitting non-binding interest for shares in ICONOMI AG or exchanging ICN for ETH is now available: http://bit.ly/converticnfb

eICN Frequently Asked Questions, Part II:
https://medium.com/iconominet/eicn-frequently-asked-questions-part-ii-5a0c758fecb1

ICN Conversion Process Begins:
https://medium.com/iconominet/icn-conversion-process-begins-5b6e32443d9f

[dishku]

Q3 report looks poor compared to previous quarter. Revenue, book value, market capitalization all went down and only 1000 new users registered on the platform. This is a result of complete lack of marketing and promotion I guess.

starting in Q2 to Q3 2018 it looks bad from all altcoins, we hope that November-December later in Q4 at the end of the year bitcoin and altcoin can rise again, but I am quite satisfied with the increase of ICN rise 5% today

Of course, there are so high chances for good finish of the current year and we will get more impressive financial report for ongoing quarter. This project is still under development and their plan will make it promising project.

[1btcdream]

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?

[RichardReMark]

I just think it is ironic how everything goes with Iconomi: white paper (male)—> Tim and Jani go to Amerca came back balls cut off—> change white paper into buyback (female)—> buybacks did not work surprise surprise females and finance never work out, lets glue the balls back inplace and here is eICN —> cut the balls off every investor  

[orio]

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?

Tier 0 would be enough.

[orio]

Hello,

Has anyone received their ETH or eICN offer yet ?

[gluk58]

i did send today icn. but a do not have eICN yet.

[muleroaa]

Hello,

Has anyone received their ETH or eICN offer yet ?

https://medium.com/iconominet/icn-conversion-process-begins-5b6e32443d9f

https://medium.com/iconominet/eicn-frequently-asked-questions-part-ii-5a0c758fecb1

Beginning on October 30, 2018, ICN token holders will be able to exchange their ICN tokens for ETH by going to www.iconomi.com and clicking the “Convert ICN” button at the top of the page. The page will then guide them through the rest of the process.

Similar to the conversion of ICN tokens into ICONOMI AG shares, the exchange of ICN tokens for ETH will be done in multiple rounds, with the first round commencing on October 30, 2018 and lasting until December 31, 2018.

In the first round of exchange of ICN tokens for ETH, ICN token holders who choose to exchange their ICN tokens for ETH will receive ETH in two batches, the first being no later than December 31, 2018 and the second being no later than January 15, 2019.

The conversion process of ICN tokens into ICONOMI AG shares will be constituted of several steps. In the first step, we will be collecting non-binding interest from ICN token holders to convert their ICN tokens into ICONOMI AG shares. This phase will be done in multiple rounds, with the first round commencing on October 30, 2018 and lasting until December 31, 2018. The offer for conversion will be prepared based on the collected non-binding interest. After any and all regulatory requirements are met, we will move forward with the execution of the conversion of ICN tokens into ICONOMI AG shares, i.e., the offering phase. This means ICONOMI AG will issue a binding offer to ICN token holders who have validly submitted their non-binding interest to convert ICN tokens into ICONOMI AG shares, whereby acceptance of ICONOMI AG’s offer will result in the actual conversion of ICN tokens to ICONOMI AG shares.

After December 31, 2019, conversion of ICN tokens into ICONOMI AG shares will no longer be possible. We therefore urge all ICN token holders to participate in the first round, as subsequent rounds may be less favorable for them.

[Delphinus]

Do you need to be logged in for the conversion?

Because I just went to the website and there is no "convert" button on the website anywhere.

Edit: direct link worked https://www.iconomi.net/dashboard/page/convert-icn

[jezus]

What's is eg shares?

[susila_bai]

Is there any verification requirements like Tier 1 or Tier 2 when exchanging ICN for ETH on Iconomi platform, or Tier 0 would be enough?

Tier 0 would be enough.

Ya correct their is no need for verification to convert ICN for ETH but if you want to go for swap then you have to verify Tier 2 to get eICN.

[estenity]

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

[wavessurfing]

in Q3 they lost one third or their book value;

they also did "sustain" ICN by auto-investment, selling other positions.

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

but how many people are there still following them?

[someonesomeone]

Dividends will come in 2019 if they are voted for... This year there were buybacks and there won't be any dividends.

still waiting for the first dividend.

if there is none, i shall not convert.

cooperation must be bilateral.

[Delphinus]

in Q3 they lost one third or their book value;

they also did "sustain" ICN by auto-investment, selling other positions.

https://medium.com/iconominet/iconomi-financial-report-q3-2018-305bdfc88ec0

but how many people are there still following them?

The bookvalue is very dependent on the crypto market, for me the user adoption is the most important figure.