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Topic: [ANN] ICONOMI - Fund Management Platform - page 1098. (Read 1253970 times)

full member
Activity: 210
Merit: 100
September 10, 2016, 04:31:58 AM
btw, isn't the translation bounty too little compared to other bounties? Usually translation bounty is greater than tweet bounty, but seems wierd here.
no, it's not. i had seen many people using "magic tools" (yea, you right, it's google translate) for translating ICONOMI thread, i think that's why translation bounty is little compared another bounties.

And which makes translation a bit boring because google translate most of the time failed on translating a sentence in accurate. Commonly it translates words and not the real meaning of the translated sentence this is why bounty is affected due to efforless job.

Can you tell which translation was done using google translate? We'll remove all google translates from bounties and ban users who tried to get away with google translate translations.
full member
Activity: 210
Merit: 100
September 10, 2016, 04:30:10 AM
It has been 3 days since you last reviewed(accepted/rejected) the blogs for bounties
It's reviewed now. Thanks
Can one person write more than one blogs for multiple blog bounties?

Yes you can write more blogs as long as each has unique content.
full member
Activity: 210
Merit: 100
September 10, 2016, 04:29:08 AM
btw, isn't the translation bounty too little compared to other bounties? Usually translation bounty is greater than tweet bounty, but seems wierd here.

Translation bounty comes with moderation. I think you are confusing stakes and total ICN reward for each category.

Combined stakes in each category will receive ICN tokens as described here https://medium.com/iconominet/ico-bounties-ea2922888b85
If for example Twitter category receives 100k stakes in total it means that each stake you earn gives you 3 ICN tokens.
full member
Activity: 210
Merit: 100
September 10, 2016, 04:21:43 AM
...
What's the EXTRA day worth in terms of shares in the signature bounty?

this is falling day by day so probably it will be used to calculate last week witch will be like eg. 5 from 7 days.
So you get share 5/7 from last week of ICO this is good because they will pay for every day not just WHOLE weeks (7days periods),

you are right. we will pay for each day you have our signature.

For example, we post 10 posts in 5 days, we can also earn a week stakes?

not a whole weekly stake (because you will not have signature for whole week), but you will get 5/7 of weekly stake.
hero member
Activity: 966
Merit: 506
September 10, 2016, 04:20:22 AM
can't wait for this coin on polo  Shocked
Be patient , still has 19 days before ICO event finished . While the ICO still live , you can promote ICONOMI and get a bounty for finished the task.
And i think , ICONOMI would be listed in poloniex easy without problem.

Poloniex is the one of the biggest exchange and listing ICONOMI  there will be a great booster for this coin. Not many coins lists on poloniex but if ICONOMI manages to do that it will be just great.
full member
Activity: 210
Merit: 100
September 10, 2016, 04:18:24 AM
ICONOMI,
I see you are working in signature bonty goole sheet just now. https://docs.google.com/spreadsheets/d/10tRJSuPZ_mak2-mt_5bwtmIXuH4waCVWAmz3zO83cFg/edit
But why are you count week as 8 days?
For example, you have 3 weeks in table   1.9.-8.9.   9.9.-16.9.   17.9. - 24.9.
But 7*3=21? and you have 24 (from 1.09 to 24.09)

You guys modified it? Please, I find it is still wrong on the list of sig campaigners.

1.9. - 8.9.  Count with your fingers, OP, 1,2,3,4,5,6,7,8, there are 8 days, not 7 days.   Cry Cry
Is your campaign still open for new participants? your btc campaign is running,is your other campaign also running?


Still open. All the bounties, except newsletter are open till the end of ICO.
full member
Activity: 210
Merit: 100
September 10, 2016, 04:14:06 AM
Quote from: Das
Exactly what will be inevitable... to lose money the same way DAO lost money? Huh

Why should they... The DAO was a broken and unaudited code that led millions to be lost....

ICONOMI will only use the Ethereum blockchain to issue tokens and distribute dividends on a weekly basis. A fairly simple job that doesn't require huge amount of coding. If you need a simple example on how this will work, have a look to coinprism.com: tokens stored on the Bitcoin blockchain... it's exactly the same principle.

Besides, none of the cold wallets used for the ICO are interconnected, thus nullifying any possibility of hack similar to the DOA.


Some very good points here! Thank you BitBanksy.
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
September 10, 2016, 04:13:16 AM
Will dividends be paid in bitcoin to those who invested with bitcoin ? Now as bitcoin price is rising, how will tokens be alloted? Will I get less tokens because of high btc price?
full member
Activity: 210
Merit: 100
September 10, 2016, 04:07:46 AM
...
3. Tokens that pay dividends!
...

Most POS coins pay %of share per year without risk of trading,
Supernodes pay for supernode , minig shares for minnig.


There is a difference between dividends and POS.

There will be 100m ICN tokens forever. When you do POS number of tokens grow.

Selecting Ethereum as your token's platform instead of running your own network was smart, taking into account your operating needs.
However, you seem to be too optimistic about ETH itself (see quotes from your whitepaper below)
-security and predictability - don't forget the DAO (security), and hardfork (predictability) - obviously the DAO wasn't directly ETH's fault, but the idea of smart contracts on Ethereum platform seems to be quite complex even for experienced developers. And the HF for bailout, and not for any technical resolution, is just clear econo-politics.
-use of robust and well- supported clients - working with Mist is not that robust for an ordinary user
-high liquidity - ETH is liquid indeed but what will be your advantage from this?
-Ethereum smart contracts enable a very transparent and secure way of profitsharing among the token holders - no thank you, the word "secure" is so improper here


Choosing a platform to be build on is definetelly smart. And in will be even better decision in future. Xaurum moving from it's own blockchain on top of Ethereum was a wise decision as well.

security and predictability: TheDAO was a special case. Keep in mind that it was a month of heated debate before hard fork happened. And no other transaction was reverted/modified. Humans build platform, and if you don't trust majority then you shouldn't trust blockahain either.

use of robust and well- supported clients: ICN will be supported natively on ICONOMI website as well. Talking of Mist not being easy to use for an ordinary user. I totally agree here. We are at the stage where internet was before browsers came out. Good news here is that this can only improve. And UX will improve faster than it did on the internet.

high liquidity: for ICN tokens we don't need ETH to be liquid at all. We need ETH network to run.

Ethereum smart contracts enable a very transparent and secure way of profitsharing among the token holders: It is transparent and secure. Whichever private address owns some ICN will get dividends. Very transparent and straightforward.
full member
Activity: 210
Merit: 100
September 10, 2016, 03:47:44 AM
Why me I not added to the list SIGNATURE bounties? Already twice I fill out the form!
I am the third time filled the registration form, but I was not in the list again! Huh

You never submitted here: https://docs.google.com/a/cashila.com/forms/d/1yMsVhmuQOFCeMmnaXySyZPbOyNynjJOyRyzQ1wkN2HU/edit

What you need to submit is your profile URL: https://bitcointalksearch.org/user/losk22-351258 and number of posts you have at the time when you added signature.

Edit: you submitted now. Thx!
full member
Activity: 210
Merit: 100
September 10, 2016, 03:45:01 AM
fuck more of this vaporware ICO shit, really? $4mil USD or whatever it is?!   for what??  what the hell does some coin devs need this for here??

you can bet your ass i wouldn't develop crap if i got that kinda ico money lol, and you can be these guys will bring out sweet fuck all over time with this.  even if they do it'll be useless by the time it's released lol!

sure it may see one sweet pump (ahem LISK) then be stagnant forever while idiot bagholders buy the top and sell at a loss (as usual).

the shitty eastern euro crappy English shills posting here for cheesy hype is also hilarious! LMAO

Haters will be haters.

When you use "coin devs" you should realise ICONOMI is way beyond a coin. It's more like that ICN are shares of the company that will be making financial products and Fund Management Platform which will target outside investors to get into crypto. Currenct financial products (funds) are very unattractive with their ROI and world is hungry for new financial products.
full member
Activity: 227
Merit: 100
September 10, 2016, 03:40:56 AM
...
What's the EXTRA day worth in terms of shares in the signature bounty?

this is falling day by day so probably it will be used to calculate last week witch will be like eg. 5 from 7 days.
So you get share 5/7 from last week of ICO this is good because they will pay for every day not just WHOLE weeks (7days periods),

you are right. we will pay for each day you have our signature.

For example, we post 10 posts in 5 days, we can also earn a week stakes?
full member
Activity: 210
Merit: 100
September 10, 2016, 03:40:45 AM
I have invested in the ICO and am interested in answers to some of those questions that I havent seen before. BUt my understanding is alot of these things havent been ironed out yet. Example q's

Where are the funds held?
On what exchanges will they traded and how will this link work.
Basically how does it work and what is the security model?
What fees will be charged>?
How will the platform prevent fund managers from abusing clients funds, and also for the Iconomi funds, have transparency etc.


Have these type of things been established yet at all?


Funds are held in escrow as of now. Most of assets will be in multiple 4/6 wallets. We plan to publish details of how cold storages work, but we don't plan to publish who private key holders will be for pure security purposes.

On what exchanges you will know maybe a day before each starts trading. As history can tell, exchanges will deny any plan of listing certain asset even a day before actual launch.

Fees for platform? Fund Management Platform will have fee split in a model similar to app store.

How we'll prevent fund managers from abusing clients and everyone? We don't know yet for sure. No one build something like that yet. We'll start with a small controlled group and learn from there on. As of now we have certain scenarious how abuses could happen.

Those things are not established yet. If they were, we would not be doing ICO as things would be established and running.
legendary
Activity: 1302
Merit: 1002
September 10, 2016, 03:38:46 AM
...
I don't think so.  Just if polo thinks that the coin will have a good volume would be enough for them.
They get the fees so... they are more interested than nobody to add the coin at the markets.

Don't look at ICONOMI like another alt coin because this is not alt coin this is found management company share.
What that mean ? that mean probably won't be pushed into payment processors and push to use in online shops.
volume for coin will come from company shares if company will provide profit...

there is of course plenty way to make use of ICOnomi inside trading platform for many services sky have no limit
if stuff is good people will pay for it to get advantage over rest traders - but no one can guarantee you that will work at all.
Any crypto investment is risky so nothing new here. New is concept
full member
Activity: 158
Merit: 100
September 10, 2016, 03:35:13 AM
can't wait for this coin on polo  Shocked
Be patient , still has 19 days before ICO event finished . While the ICO still live , you can promote ICONOMI and get a bounty for finished the task.
And i think , ICONOMI would be listed in poloniex easy without problem.

At least wait for 20 days, this project is very legit, just be patient to get profits.
sr. member
Activity: 313
Merit: 250
September 10, 2016, 03:31:07 AM
can't wait for this coin on polo  Shocked
Be patient , still has 19 days before ICO event finished . While the ICO still live , you can promote ICONOMI and get a bounty for finished the task.
And i think , ICONOMI would be listed in poloniex easy without problem.
Are there any serious expectation towards initial ICONOMI token price? Can we estimate this now, based on initial invested capital or other factors?

What requirements need to be fulfilled for coin to be accepted on Poloniex? I guess certain market cap needs to be reached.


My estimate ICONOMI will be above 20k satoshi or more  just compare with other ICO like RISE
To be on the poloniex market I think is not easy  there are several requirements needed although I'm not sure about that
there also said  developers have to pay for it

I think I read from a dev of another coin that Polo adds what they want, that devs do not pay. And that they suggest for people to vote for the coin.
sr. member
Activity: 322
Merit: 250
September 10, 2016, 02:52:40 AM
Quote

I'm not sure about that
there also said  developers have to pay for it

I don't think so.  Just if polo thinks that the coin will have a good volume would be enough for them.
They get the fees so... they are more interested than nobody to add the coin at the markets.
full member
Activity: 210
Merit: 100
September 10, 2016, 02:52:26 AM
...
What's the EXTRA day worth in terms of shares in the signature bounty?

this is falling day by day so probably it will be used to calculate last week witch will be like eg. 5 from 7 days.
So you get share 5/7 from last week of ICO this is good because they will pay for every day not just WHOLE weeks (7days periods),

you are right. we will pay for each day you have our signature.
legendary
Activity: 1386
Merit: 1003
September 10, 2016, 02:43:03 AM
can't wait for this coin on polo  Shocked
Be patient , still has 19 days before ICO event finished . While the ICO still live , you can promote ICONOMI and get a bounty for finished the task.
And i think , ICONOMI would be listed in poloniex easy without problem.
Are there any serious expectation towards initial ICONOMI token price? Can we estimate this now, based on initial invested capital or other factors?

What requirements need to be fulfilled for coin to be accepted on Poloniex? I guess certain market cap needs to be reached.


My estimate ICONOMI will be above 20k satoshi or more  just compare with other ICO like RISE
To be on the poloniex market I think is not easy  there are several requirements needed although I'm not sure about that
there also said  developers have to pay for it
sr. member
Activity: 322
Merit: 250
September 10, 2016, 02:08:08 AM

Quote
Your argument is completely invalid and pretty stupid actually. You don't seem to respect other people's work.
im always respect with other people's work, but it's not if they are using google translate for translation. Did i ever telling whois using google translate for making ICONOMI's translation? No, i'm just keep it myself.

If u could prove that some one is doing it I think that you should tell us.
Some one using Google translator doesn't deserve to get paid.
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