[ANN] ICONOMI - Fund Management Platform - page 1059.

ICONOMI

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Quote from: ruletheworld on September 16, 2016, 01:15:39 PM

Devs,

Do you have any details on the performance fees charged for ICONOMI.PERFORMANCE and expense ratio for ICONOMI.INDEX?

For ICONOMI.PERFORMANCE, how are returns calculated? Monthly/yearly? What's the benchmark/hurdle rate? Is there a high water mark? Do you have to make up losses before recording a gain to register for the performance fee?

Returns are calculated once invested ICO goes public. Before it goes it's actually illiquid asset. So in real time 24/7. Hurdle rate will be slightly above "old economy" industry average.

I don't fully understand high water mark in order to give you answer as any financial guy would. But yes, we'll have to make up for losses before recording a gain to register for the performance fee.

You're welcome to join telegram group: telegram.org/iconomi where Primoz will give you best answer for your questions.

ICONOMI

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Quote from: CoinFoxs on September 16, 2016, 11:19:15 AM

i saw iconomi is doing great job, so i decided to join their sig campaign, but i want to ask is it mandatory to invest in iconomi? and also do i need to create an account on ICONOMI ICO?

You don't need to invest. However, keep in mind that we'll award supporters only and for sure not spammers.

We were not explicit with rules, but we stated we will distribute to everyone who supports ICONOMI before and during the ICO.

In case of signatures, the ones wearing our signature and posting messages in some useless sections just to get post count, will have hard time arguing to be our supporters thus receiving any bounties.

ICONOMI

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Quote from: LiskQH on September 16, 2016, 10:55:17 AM

Quote from: ?? on ??

Quote from: dm09 on September 16, 2016, 08:22:40 AM

Iconomi, you just retweeted an article from Smith and Crown. That article's first point is: "Due to the crowdsale structure and ICONOMI’s business model, ICONOMI will not return value to token holders until it’s generated as much money in fees as it raised in the ICO, what at time of writing is just north of $4.5 million. This will likely take many years. (1)"

Is this true?? This seems to contradict everything that has been said thus far. Do they mean won't return the full value, or won't return any value (as in no dividends)?

Read the footnote (1) at the bottom of the article.

*"Smith+Crown’s back-of-the-envelope calculations: assuming a 1.5% management fee (based on net assets) for management investment, one would need a total seed fund of $300 million to hit this threshold. Assuming a .5% fee for a passive ETF-like investment, one would need $900 million invested, which is 7.5% of the entire cryptocurrency market today. These fees are industry average fees for traditional financial products today, which only cover operational fees. ICONOMI fees will need to cover both fees and dividends. Even with a distribution of this over time, sufficient revenue to pay back investors seems unlikely. For example, if 1% of the entire cryptocurrency market went through ICONOMI funds (half in a CMF and half in a CTF), and a full quarter of industry-standard management fees actually went to dividends, then ICN tokenholders would wait 15 years before $4.5 million was returned, even without adjusting for inflation or discounting to present value."

It seems to me they aren't right in the calculations. My mathematics, shows absolutely other figures.

It's a good article. Addressing real issues we need to address and we will.

However, some conclusions and some mathematics are wrong.

BTW: LiskQH, can you show your numbers here?

ivanst776

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As promised I have just done my translation, sent a copy to the OP and hope I did it well.

If I have missed anything please let me know I will fix it very fast or if you need any additional text to translate don't hesitate to contact me.

ICONOMI

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Quote from: Vinz421 on September 16, 2016, 06:15:28 PM

Quote from: cryptobart on September 16, 2016, 06:12:55 PM

Quote from: ICONOMI on September 16, 2016, 05:47:38 PM

Quote from: BoldNinja on September 16, 2016, 05:06:03 AM

Quote from: BoldNinja on September 15, 2016, 04:34:40 AM

I know this is far-fetched, but are there already any initial predictions or calculations for dividends (eg. how much would per say 10,000 ICN tokens get you per week/month)?

Quoting this for ICONOMI team.

If we have 10.000 ETH to distribute per week then you need to have 10,000 ETC to earn 1 ETH per week.

You mean ICN right?

Yeah. They do.

Yup! My bad. I edited original post already.

However, ETC to ETH will probably be worth 1:10000 if not more. Soon.

Vinz421

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Quote from: cryptobart on September 16, 2016, 06:12:55 PM

Quote from: ICONOMI on September 16, 2016, 05:47:38 PM

Quote from: BoldNinja on September 16, 2016, 05:06:03 AM

Quote from: BoldNinja on September 15, 2016, 04:34:40 AM

I know this is far-fetched, but are there already any initial predictions or calculations for dividends (eg. how much would per say 10,000 ICN tokens get you per week/month)?

Quoting this for ICONOMI team.

If we have 10.000 ETH to distribute per week then you need to have 10,000 ETC to earn 1 ETH per week.

You mean ICN right?

Yeah. They do.

cryptobart

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Quote from: ICONOMI on September 16, 2016, 05:47:38 PM

Quote from: BoldNinja on September 16, 2016, 05:06:03 AM

Quote from: BoldNinja on September 15, 2016, 04:34:40 AM

I know this is far-fetched, but are there already any initial predictions or calculations for dividends (eg. how much would per say 10,000 ICN tokens get you per week/month)?

Quoting this for ICONOMI team.

If we have 10.000 ETH to distribute per week then you need to have 10,000 ETC to earn 1 ETH per week.

You mean ICN right?

ICONOMI

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Quote from: Mushrooms on September 16, 2016, 08:23:02 AM

Guys, stop this philosophy. Only one word: buy or sell?

It's an ICO. Which means you can not sell. Therefore you can only BUY

ICONOMI

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Quote from: dm09 on September 16, 2016, 08:22:40 AM

Iconomi, you just retweeted an article from Smith and Crown. That article's first point is: "Due to the crowdsale structure and ICONOMI’s business model, ICONOMI will not return value to token holders until it’s generated as much money in fees as it raised in the ICO, what at time of writing is just north of $4.5 million. This will likely take many years. (1)"

Is this true?? This seems to contradict everything that has been said thus far. Do they mean won't return the full value, or won't return any value (as in no dividends)?

The article is actually quite well written. I would love to get in touch with the author! Author did a homework quite well, but did missed few important points.

But some conclusions (also the one you quoted) are wrong.

However, this article raised few good questions which we'll address this week with a series of a blog posts.

ICONOMI

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Quote from: Vinz421 on September 16, 2016, 05:59:44 AM

Quote from: BoldNinja on September 16, 2016, 05:06:03 AM

Quote from: BoldNinja on September 15, 2016, 04:34:40 AM

I know this is far-fetched, but are there already any initial predictions or calculations for dividends (eg. how much would per say 10,000 ICN tokens get you per week/month)?

Quoting this for ICONOMI team.

What do you expect the team to tell you ?

This is more than far-fetched, this is like looking into a crystal ball.

Income in ETH and ICN token value depend directly on half a dozen unknown variables at this point..

ICO is not even closed yet, let alone the funds, which, all going well, could count for the major part on the ICN tokens demand and thus, ICN tokens worth.

Moreover, just read the previous replies and you'll see they don't / can't promise any kind of benefit...

It's quite funny how everyone here is at the same time dreading that whales and bounty hunters might dump, and asking how much a token will be worth on launch in order to ... well ... dump..?

We will probably decide to delay release of ICN tokens to all the bounty hunters in order to prevent any dump from their side.

ICONOMI

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Quote from: moroseneng on September 16, 2016, 05:52:28 AM

Quote from: puremage111 on September 16, 2016, 05:44:14 AM

after reading the entire thing

If you were me, would you invest?

What is the main point which lead you to invest in this ico but not others?

Thanks, thinking to invest around $100 but still unclear whether its an A+ project or not

i think you must read the whitepaper again

Whitepapers:

https://www.iconomi.net/ICONOMI_Whitepaper.pdf
https://www.iconomi.net/CoinFundsWhitepaper.pdf

ICONOMI

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Quote from: moroseneng on September 16, 2016, 05:52:28 AM

Quote from: puremage111 on September 16, 2016, 05:44:14 AM

after reading the entire thing

If you were me, would you invest?

What is the main point which lead you to invest in this ico but not others?

Thanks, thinking to invest around $100 but still unclear whether its an A+ project or not

i think you must read the whitepaper again

Whitepapers:

https://www.iconomi.net/ICONOMI_Whitepaper.pdf
https://www.iconomi.net/CoinFundsWhitepaper.pdf

ICONOMI

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Activity: 210

Merit: 100

Quote from: tomkat on September 16, 2016, 05:51:06 AM

Quote from: puremage111 on September 16, 2016, 05:44:14 AM

after reading the entire thing

If you were me, would you invest?

What is the main point which lead you to invest in this ico but not others?

Thanks, thinking to invest around $100 but still unclear whether its an A+ project or not

For me the key points here are:
-the project is overfunded
-quote from ANN -> "ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy" -> the 2nd part of this sentence is basically NOT TRUE and reminds me the "good" old days of internet bubble 15 years ago when dot.coms were the only assets leading us to a new better world of prosperity

high profits, not possible in the old economy

This is for sure true. Why do you think Germany can sell bonds with negative interest rates? Because people are happy to have an investment which will return them LESS of their money in some years, but with higher probability. Just imagine how f*** up current economy is, that a product with negative interest rate can exist on the market!

ICONOMI

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Quote from: mummybtc on September 16, 2016, 05:26:01 AM

Quote from: BoldNinja on September 16, 2016, 03:54:29 AM

Quote from: dwminer1 on September 16, 2016, 03:50:37 AM

What is the current average price in satoshi for ICN from ico?

How much you will pay in ICO currently : $0.05726854117647058823529411764706 USD
How much is it worth if whole supply is accounted for (100m) : $0.04867826 USD

The whole token will be accounted for since the developers tokens is part of the market cap. If it can hit $0.5 when listed that will be a great performance

A slight details should be taken into account. Tokens distributed among team and advisors will not move for a period of at leat 6 months. We obliged not to move / sell / anything those tokens for a period of at least 6 months! We are not dumping anything on the market!

ICONOMI

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Quote from: BoldNinja on September 16, 2016, 05:06:03 AM

Quote from: BoldNinja on September 15, 2016, 04:34:40 AM

I know this is far-fetched, but are there already any initial predictions or calculations for dividends (eg. how much would per say 10,000 ICN tokens get you per week/month)?

Quoting this for ICONOMI team.

If we have 10.000 ETH to distribute per week then you need to have 10,000 ICN to earn 1 ETH per week.

ICONOMI

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Activity: 210

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Quote from: rindo on September 16, 2016, 04:48:50 AM

Events

Pirate Summit 6-7 September, Cologne, Germany - See Blog post covering Pirate Summit

Next

Ethereum Devcon2 @ International Blockchain Week 19-21 September, Shanghai, China

I think ICONOMI team was preparing travel to China Cheesy

You are right. We'll be in Shanghai tomorrow afternoon. We'd love to meet whoever is there!

Thefrolly

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CryptoTalk.Org - Get Paid for every Post!

Quote from: BALIK on September 16, 2016, 04:51:38 PM

Quote from: jpoker272727 on September 16, 2016, 04:44:05 PM

I registered through google spreadsheet and put my details (ICONOMI ICO BTT signature registration Your response has been recorded.)

now register in ico.iconomi.net?

Thank you...

If you see your BTT name in the spreadsheet then you can now start posting.
BTW you can search your name here: https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit#gid=0

hmm i also registered today for the signature bounty cant find my name on it

BALIK

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🍓 BALIK Never DM First

Quote from: jpoker272727 on September 16, 2016, 04:44:05 PM

I registered through google spreadsheet and put my details (ICONOMI ICO BTT signature registration Your response has been recorded.)

now register in ico.iconomi.net?

Thank you...

If you see your BTT name in the spreadsheet then you can now start posting.
BTW you can search your name here: https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit#gid=0

jpoker272727

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I registered through google spreadsheet and put my details (ICONOMI ICO BTT signature registration Your response has been recorded.)

now register in ico.iconomi.net?

Thank you...

Sharma

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GATCOIN : The New Currency Of Digital Marketing

Are the signature codes for both ICONOMI campaigns same?Will they both end on same date?

Topic: [ANN] ICONOMI - Fund Management Platform - page 1059. (Read 1253965 times)