I prefer to invest into BTC, ETC and ICONOMI. Sky is the limit for these three crypto coins. ICONOMI team will do the hard task of investing into the promising alt coins and projects and they will also start paying dividends very soon. ETC has massive Chinese whales supporting it and it can thrive in future. Lastly, Bitcoin. And you don't need me to explain why you need to go long in bitcoin.
I have been studying a bit the Iconomi project but I still don't fully understand it. There will be various tokens? If im understanding this correctly... we would be looking at potentially 3 dfifferent tokens' because i think that's a mess, too much stress, I only want 1 token!!
What is the difference between the ICONOMI ICO, ICONOMI INVESTMENT FUNDS and the ICONOMI OPEN FUND MANAGEMENT PLATFORM?
ICONOMI ICO ("Initial Coin Offering") is a crowdfunding campaign, in which capital is being raised for the establishment & development of ICONOMI and in part for the funding of the first two crypto investment funds managed by ICONOMI, the ICONOMI.INDEX and ICONOMI.PERFORMANCE funds. In addition to the establishment of its own funds, ICONOMI will launch the ICONOMI OPEN FUND MANAGEMENT PLATFORM as stage 2 of the ICONOMI project.
ICONOMI INVESTMENT FUNDS will be crypto investment funds developed and managed by the ICONOMI team of experts. Starting with one of each fundamental type, ICONOMI will offer the ICONOMI.INDEX and ICONOMI.PERFORMANCE investment funds (for details please see the Whitepaper on App Token Funds). After the ICONOMI OPEN FUND MANAGEMENT (OFM) PLATFORM has been developed, ICONOMI investment funds will be migrated to the OFM platform, where they will coexist with investment funds of other investment managers.
ICONOMI OPEN FUND MANAGEMENT (OFM) PLATFORM is the final stage of ICONOMI. The OFM platform will enable everyone to introduce and manage their own crypto investment funds and attract investors who share the same investing philosophy. While the OFM platform will be open to everyone, the integrity of the platform will be safeguarded by ICONOMI with a comprehensive system of checks & balances.
Does this mean there is ICN only or 3 different for each platform? One for the index, other for the open fund managent, and other for the performance one? This is too confusing.
Also, still dont know if i should trust a project that depends on ETH while ETH is a crashing coin.