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Topic: [ANN] ICONOMI - Fund Management Platform - page 109. (Read 1253940 times)

sr. member
Activity: 434
Merit: 250
MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



okay, that's cool new sites were added ICONOMI trade too, I think it is necessary other trading sites to boost the price
MGM
full member
Activity: 224
Merit: 100
Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.


1) ICN token holders will receive weekly Dividends in ETH from ICNX, ICNP & all other funds started by any fund manager on ICONOMI's Open Fund Management platform.
ICN total supply is limited to 100 million ICN forever. (0% inflation, so no dumping by mining farms on exchanges)


2)Follow this tutorial:
HOW-TO add ICONOMI ICN apptokens to Ethereum Wallet:
https://medium.com/iconominet/how-to-add-iconomi-t-icn-apptokens-to-ethereum-wallet-f15f637f8db8#.p49zujqti
hero member
Activity: 549
Merit: 500
MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX




I think this is good for iconomi considerations that have been added on the site mercatox and I hope the traders can be able to visit and play here..
legendary
Activity: 1190
Merit: 1002
Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
ICN tokens are on ethereum blockchain. You can use mist wallet or myethereumwallet. First just send 0.1 ICN so you can be sure you did it right.

You are telling to first just send 0.1 ICN but if you are sending the coins from the ICO folder then the minimum fees is 1 ICN so you have to send above it.
full member
Activity: 208
Merit: 100
Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
ICN tokens are on ethereum blockchain. You can use mist wallet or myethereumwallet. First just send 0.1 ICN so you can be sure you did it right.
legendary
Activity: 1358
Merit: 1014
Two quick questions:

1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.

2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



This is good info and good news for everyone, to start a good thing for the ICN be growing .. Smiley

had already started many additions to other coin entry into mercatox.. Thanks for information and I will try to play there..
hero member
Activity: 1624
Merit: 500
MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX



This is good info and good news for everyone, to start a good thing for the ICN be growing .. Smiley
newbie
Activity: 14
Merit: 0


I'd wait for the traders that post their past performance...

This is going to be very interesting to watch...fish are going to join forces to become whales fighting whales in alts. Were in for some crazy alt pumps this year for sure, year of the whales hahaha.

Fun times coming!

But on the other side what I fear is traders colluding with other whales basically one pumps an alt and the other fills their orders at high prices...one makes huge profits that can be split between the 2 while the investors in the fund are bag holding a coin.

Wonder what steps will be taken to fight that or at least prevent it, I know it'll be impossible and most likely rare but I think fund managers should provide at least maybe at least 1 year of trading performance to be qualified and see how it goes from there, eventually lowering the min requirements as time passes.

Even in the highly regulated world of traditional finance, people often engage in such activities.

I like the free market perspective.  If a fund manager dumps on his clients and leaves them bagholding, then he will lose trust and lose his business.  There's no way to prevent a fund manager from frontrunning, just like there's no way to prevent an ico from running with your money.  These things rarely happen because people realize a trustworthy reputation is something very valuable for many years in the business world.  And most investors won't invest with someone unless they have a trustworthy reputation.

its afun and furious too it can be for both sides but according to our interest and mining.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
MERCATOX add ICONOMI, this news may be useful to all the people here at least ICN has several new trading site, you can see my signature to visit trading sites MERCATOX


hero member
Activity: 714
Merit: 503
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,




From Jan,


great update...something which we all didnt knew
sr. member
Activity: 560
Merit: 250
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,


woow, nice. I missed that one, not sure how. When was it posted on slack?
From my personal chat. I couldn't expect such answer in general section where lots of trolling, discussion about one coin, etc were going on
full member
Activity: 238
Merit: 100
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,





From Jan,


I <3 Iconomi
sr. member
Activity: 504
Merit: 250
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,


woow, nice. I missed that one, not sure how. When was it posted on slack?
sr. member
Activity: 560
Merit: 250
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
From Jani,




From Jan,
full member
Activity: 238
Merit: 100
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Holy shit!!! This thing gets better and better. ICN above 10$ is serious
sr. member
Activity: 504
Merit: 250
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Quote
And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.

Where did you get that information from? I don't remember any official reference about that at all.
sr. member
Activity: 560
Merit: 250
Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.
hero member
Activity: 933
Merit: 500
Golem is also 50% above the ico marketcap Smiley Can't wait to hear about their other investments...

Byteball is above $29 right now, now aren't we glad ICONOMI didn't liquidate thier byteballs?  Grin
sr. member
Activity: 364
Merit: 250
move that crypto
Poseidon Performance Fund by N.K.Narula

Prometheus Performance Fund by N.K.Narula

Looks like the first few Iconomi Funds are popping up!






I'd wait for the traders that post their past performance...

This is going to be very interesting to watch...fish are going to join forces to become whales fighting whales in alts. Were in for some crazy alt pumps this year for sure, year of the whales hahaha.

Fun times coming!

But on the other side what I fear is traders colluding with other whales basically one pumps an alt and the other fills their orders at high prices...one makes huge profits that can be split between the 2 while the investors in the fund are bag holding a coin.

Wonder what steps will be taken to fight that or at least prevent it, I know it'll be impossible and most likely rare but I think fund managers should provide at least maybe at least 1 year of trading performance to be qualified and see how it goes from there, eventually lowering the min requirements as time passes.

Even in the highly regulated world of traditional finance, people often engage in such activities.

I like the free market perspective.  If a fund manager dumps on his clients and leaves them bagholding, then he will lose trust and lose his business.  There's no way to prevent a fund manager from frontrunning, just like there's no way to prevent an ico from running with your money.  These things rarely happen because people realize a trustworthy reputation is something very valuable for many years in the business world.  And most investors won't invest with someone unless they have a trustworthy reputation.
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