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October 30, 2017, 04:35:19 PM |
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Dear ICONOMI supporters,
Q3 was a paramount quarter for ICONOMI—we delivered on major goals we set out in our whitepaper just over a year ago. In August, we opened the platform to the public,, introduced the first DAA manager, Columbus Capital, and started the process of selecting the first 12 independent DAA managers; we upgraded our proprietary trading engine, enhancing our best execution algorithm, and attended many blockchain, fintech, and investment events. The book value of ICONOMI at the end of Q3 2017 reached $119,787,279, which represents an approximate increase of 10.3% in the quarter, and the number of users has risen to 28,268, which is more than a 700% increase in comparison to the previous quarter.
The blockchain field itself was very dynamic in this time period—we witnessed a Bitcoin fork, the Chinese ICO ban, and a significant rise in ICOs, which was one of the founding propositions of ICONOMI. Just as our vision of the future proved correct, we will continue to stand by the goals we set out at the beginning of ICONOMI’s journey.
The infographic below provides a quick overview of Q3. See our blog post for a more detailed analysis.
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