Everyone should read this reddit post before sending any more money:
https://www.reddit.com/r/ethtrader/comments/510042/is_iconomi_doing_right_by_its_investors/d79erq6
Seriously. The number of white knights peddling hopium in this thread is astounding. Everyone needs to get a grip and understand success doesn't mean fistfulls of cash thrown at a project for FOMO. That's rube mentality.
It's everyone's job to hold ICONOMI accountable and ask them the hard questions and demand answers, like the fellow in the comment you linked... who was snubbed. If one person starts criticizing another for having skepticism and critical thinking, be suspicious of their intent.
Warning: read this reddit post before sending any more money:
https://www.reddit.com/r/ethtrader/comments/510042/is_iconomi_doing_right_by_its_investors/d79erq6
Every beef he raised has been answered more than once.
what is the roadmap, timeline and budget plan for development?
VERY 1st PAGE OF ICO SITE:
Concept development
Q1 2016
ICONOMI.NET
Ether trading
Q2 2016
Whitepaper formalisation
July 2016
ICO
August 2016
ICONOMI.INDEX
Fund
Q4 2016
INVITE ONLY
ICONOMI.PERFORMANCE
Fund
Q4 2016
ICONOMI.OFM
Platform
2017
what are the major challenges and risks?
the team picking winning investments... you should know this
what are the indicative salaries of staff /profit margin for coinzilla?
the maintenance fees ofc and their share of tokens.
how are incentives aligned so that it is in the interests of coinzilla to develop a successful platform?
profit, and what does coinzilla have to do with iconomi? it's "Cashila", not "Coinzilla"
The debit card fees and added traffic to Cashila would add up substantially ofc.
what protections do token holders have against underperformance or overspending by coinzilla?
they dont pay directly for losses and token holders COLLECT DIVIDENDS... FOREVER
You can always sell your coin or exit the fund through the redemption process.
How are funds disbursed to coinzilla?
Cashila
How is performance managed?
Read the whitepapers... that is answered a couple times with DETAILED explanations.
What legal protections do token holders have?
Cashila is a registered small payment institution, licensed by the Czech National Bank and EU-wide legislation compliant.
What prevents coinzilla just walking away with the money?
Holy Toledo.... ESCROW and Multisig wallets ofc like everyone else. Read the blog.
In case holders vote for another provider how will non on chain services and technology be transferred to the new service provider?
they would simply switch platforms and re-issue tokens like they already stated... so easy.
Please take the time to read things better before attempting FUDding
there are 2 whitepapers, timeline, a blog with several informative posts and THIS THREAD answered most if not all of those questions
I mean really, Get a grip. This ico has more credentials and framework in place than any ico since the inception of ico's.
I'd like to sample what you were smoking when you posted that