[ANN] ICONOMI - Fund Management Platform - page 1108.

aidia

sr. member

Activity: 257

Merit: 250

Quote from: MrPresident on September 07, 2016, 06:01:08 AM

If you put in 1 EUR and ended up with 5 ICN at launch for a beginning value of 20 cents a token that rises to 25 cents a week later you make 20% profit. You now have $1.20

We are thinking this differenlty.

I do not really care about the 20% profit quick bucks, that I can do with any other project there is lol.

I plan to HODL, that's why I'm interested in the dividends.

BitBanksy

sr. member

Activity: 350

Merit: 250

Quote from: ICONOMI on September 07, 2016, 05:26:01 AM

Quote from: BitBanksy on September 07, 2016, 04:54:57 AM

Quote from: ICONOMI on September 07, 2016, 04:48:22 AM

Quote from: BitBanksy on September 07, 2016, 04:45:23 AM

From 55k per BTC, the allotment of ICN went down to less than 14k.... Will something be left by the end of the campaign 😂😂😂?

That means value of ICN increased!:)

Not really since the value is proportionate with the amount of investors and tokens. Right now the value per token stand @ $0.0378991318... The same value as per day one... 😉

You have a point. But mathematically not:) if we raise 8.5m USD then each token would be worth 0.10 USD. Now it's less.

$0.085 to be exact and if 8.5m are raised... I don't disagree with the way ICONOMI decided to raise funds but I personally would have rather wished to buy a predefined amount of ICN from the start instead of seeing allotments decreasing every single day.... At this speed, I've calculated that by the end of the ICO, the allotment should be around 2K per BTC invested...

MrPresident

hero member

Activity: 644

Merit: 500

Think or swim.

RELAX
Stop worrying about the estimated total amount of coin you will receive.
The only thing that matters as an investor is the actual percent of profit you make because the total number of coin you receive has nearly no correlation with the possible profit % outcome.
The 100m tokens are distributed according to the weight of your investment, plus bonuses ofc.
The total number of tokens distributed doesn't change with total ICO investment size, only your amount of tokens does.
example a:
If you put in 1 EUR and ended up with 5 ICN at launch for a beginning value of 20 cents a token that rises to 25 cents a week later you make 20% profit. You now have $1.20
example b:
If you put in 1 EUR and ended up with 10 ICN for a beginning value of 10 cents a token, it rises to 12 cents for the same 20% profit, you again have $1.20.

So, in short; the only thing that will increase your chance for higher profit is a larger investment, not less investors buying the ICO tokens.
cheers

aidia

sr. member

Activity: 257

Merit: 250

Quote from: ICONOMI on September 07, 2016, 05:28:27 AM

Dividend does not go down. 100m ICN tokens will receive same amount of dividends. But if funding goes higher, you receive less ICN.

This is what I was supposed to mean in the first place. Less ICN, less dividends.

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: aidia on September 07, 2016, 05:03:23 AM

... if the company makes 10m profit per year....

Do you know what company should be to get such high profit ?
On real market company if turns back 10% profit is good.
Alt market is not that big for ICOMINI with their 5$ m market cap most coins will be 95% below so from where those money should come from ?
Alts like 1m $ market cap can profit you HIGH profit for company that have lets say 30m $ market cap
Now they can invest fiat<>BTC and riding bull get profit with bear when all goes down ICONOMI will go too.

Total market cap 1m or 5m means they have 1m or 5m for investing at end and more coins can be played on market.
You have static cost of infrastructure then more you invest less % of cost will go to build it and more to trading and returning profits.

PS: They can even start own side companies which are paying profits in INC

ICONOMI

full member

Activity: 210

Merit: 100

Quote from: aidia on September 07, 2016, 05:03:23 AM

Am I correct in stating that meanwhile the ICN value goes up (in this ico), the dividends paid to each ICN goes down. So in the end the post-launch value of ICN will be determined on ROI from the dividends. If the team is able to attract lots of investors to their funds and pay more dividends to token holders, the ICN value goes up, vice versa and it goes down?

I saw somewhere an estimate of 1 ETH dividends per week for 10000 ICN tokens if the company makes 10m profit per year, but I can’t remember if that was calculated with the original minimum of 2000BTC invested, and now the team is pursuing at 20k BTC, does this mean 0.1ETH dividends per 10k ICN tokens if this is reached?

If so, then I can’t see ICN token being interesting enough in terms of profit. I hope I’m wrong, this concept looks great and will bring loads of new money to crypto.

Dividend does not go down. 100m ICN tokens will receive same amount of dividends. But if funding goes higher, you receive less ICN.

ICONOMI

full member

Activity: 210

Merit: 100

Quote from: BitBanksy on September 07, 2016, 04:54:57 AM

Quote from: ICONOMI on September 07, 2016, 04:48:22 AM

Quote from: BitBanksy on September 07, 2016, 04:45:23 AM

From 55k per BTC, the allotment of ICN went down to less than 14k.... Will something be left by the end of the campaign 😂😂😂?

That means value of ICN increased!:)

Not really since the value is proportionate with the amount of investors and tokens. Right now the value per token stand @ $0.0378991318... The same value as per day one... 😉

You have a point. But mathematically not:) if we raise 8.5m USD then each token would be worth 0.10 USD. Now it's less.

aidia

sr. member

Activity: 257

Merit: 250

Am I correct in stating that meanwhile the ICN value goes up (in this ico), the dividends paid to each ICN goes down. So in the end the post-launch value of ICN will be determined on ROI from the dividends. If the team is able to attract lots of investors to their funds and pay more dividends to token holders, the ICN value goes up, vice versa and it goes down?

I saw somewhere an estimate of 1 ETH dividends per week for 10000 ICN tokens if the company makes 10m profit per year, but I can’t remember if that was calculated with the original minimum of 2000BTC invested, and now the team is pursuing at 20k BTC, does this mean 0.1ETH dividends per 10k ICN tokens if this is reached?

If so, then I can’t see ICN token being interesting enough in terms of profit. I hope I’m wrong, this concept looks great and will bring loads of new money to crypto.

BitBanksy

sr. member

Activity: 350

Merit: 250

Quote from: ICONOMI on September 07, 2016, 04:48:22 AM

Quote from: BitBanksy on September 07, 2016, 04:45:23 AM

From 55k per BTC, the allotment of ICN went down to less than 14k.... Will something be left by the end of the campaign 😂😂😂?

That means value of ICN increased!:)

Not really since the value is proportionate with the amount of investors and tokens. Right now the value per token stand @ $0.0378991318... The same value as per day one... 😉

ICONOMI

full member

Activity: 210

Merit: 100

Quote from: BitBanksy on September 07, 2016, 04:45:23 AM

From 55k per BTC, the allotment of ICN went down to less than 14k.... Will something be left by the end of the campaign 😂😂😂?

That means value of ICN increased!:)

BitBanksy

sr. member

Activity: 350

Merit: 250

From 55k per BTC, the allotment of ICN went down to less than 14k.... Will something be left by the end of the campaign 😂😂😂?

lsqgoddess

full member

Activity: 172

Merit: 100

I am a jr member now. If I will be a member before the campaign ends, i.e. I joint on 1st of September, I would be a member on 15th of Sepetember. will you pay me for jr member stake, member stake or half jr member half member stake? Do I need to re-submit the form ti update my rank, or I apply my rank change in the thread?

Thanks very much, a lot of question for such a newbie.

Digital_Currency_LTD

hero member

Activity: 798

Merit: 1000

Quote from: ahmedjadoon on September 07, 2016, 02:25:55 AM

Are there any specific rules for signature campaign besides 10 min posts/week. The rules for campaign run by Yahoo are well explained but I can't find rules for ICO bounty campaign.

No, you just need minimum 10 post per week and nothing special. You can find your statictics in google spreadsheet, linked in the OP.

ahmedjadoon

legendary

Activity: 1414

Merit: 1000

Are there any specific rules for signature campaign besides 10 min posts/week. The rules for campaign run by Yahoo are well explained but I can't find rules for ICO bounty campaign.

sulendra12

hero member

Activity: 2912

Merit: 526

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: ICONOMI on September 06, 2016, 06:50:55 PM

Added video proving EUR deposits as well.

There is a bit more money on our bank account than credited on ico.iconomi.net
The difference is because we received some deposits without reference number - therefore we can not credit it yet to the right account. It takes a day or two and then people ask about their money and we credit it to their account.

Nice progress sir , and you always transparent with your progress and update also informed us.
Hope your project is long live and will be successful project in the crypto-market.

darklus123

hero member

Activity: 1246

Merit: 588

Quote from: romero121 on September 06, 2016, 10:01:36 AM

Quote from: Zoomer on September 06, 2016, 04:45:45 AM

I think to make virtual debit cards and plastic cards you will need special permits, and maybe a bank licence?

Not quite sure but I belive it would be very expensive and maybe not that much demand for a such service till ICO is fully launched and running a while

As mentioned in the above quote there might be certain regulations on creating virtual debit cards, but already bitcoin cards have come into existence which had given most users the easiest access to convert btc to fiat.

Regulations are good this is to manage certain situations that is needed by the authority. Since bitcoin debit card is in the market by now so it only means that it is already following regulations i guess? and you are also right sir that this card is really helpful for us bitcoin users in getting and spending bitcoin

MadeinCoin

legendary

Activity: 1386

Merit: 1003

Quote from: Pap0u on September 06, 2016, 04:16:17 PM

Quote from: MadeinCoin on September 06, 2016, 04:10:36 PM

Quote from: Superways on September 06, 2016, 03:43:02 PM

Quote from: MFahad on September 06, 2016, 11:34:54 AM

Quote from: Zoomer on September 06, 2016, 04:45:45 AM

I think to make virtual debit cards and plastic cards you will need special permits, and maybe a bank licence?

Not quite sure but I belive it would be very expensive and maybe not that much demand for a such service till ICO is fully launched and running a while

Making Virtual Debit and credits card for a New coin is an advance thing and it should be introduced when the coin is available at exchanges for trade and not at the time of ICO.

I am impatiently waiting for to get that Debit card as with that I will be able to use my money in ICONOMI easily at any local shop in my country and I will be able to withdraw my money at my ATM whenever I will need it. I wish that it will be adoptable by everyone easily.

That's good news If this is realized I can imagine in the future iconomi also ready to compete into the future cryptocurrencies
But they say it only debit not credit why not for both ? debit and credit

Because offering credit is a whole different business

Oh nice info mate I really did not understand debit and credit card I assume it is interconnected lol .So far I've only used debit card from local bank

Skyrik

hero member

Activity: 560

Merit: 501

ICONOMI Supporter

Quote from: ICONOMI on September 06, 2016, 06:50:55 PM

Added video proving EUR deposits as well.

There is a bit more money on our bank account than credited on ico.iconomi.net
The difference is because we received some deposits without reference number - therefore we can not credit it yet to the right account. It takes a day or two and then people ask about their money and we credit it to their account.

Another one so fast. Good job team ICONOMI

ICONOMI

full member

Activity: 210

Merit: 100

Added video proving EUR deposits as well.

There is a bit more money on our bank account than credited on ico.iconomi.net
The difference is because we received some deposits without reference number - therefore we can not credit it yet to the right account. It takes a day or two and then people ask about their money and we credit it to their account.

http://imgur.com/a/RVEpv
https://www.youtube.com/watch?v=Nl8aweoeQeo

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: Oralmat on September 06, 2016, 11:38:12 AM

Quote from: MFahad on September 06, 2016, 11:34:54 AM

Quote from: Zoomer on September 06, 2016, 04:45:45 AM

I think to make virtual debit cards and plastic cards you will need special permits, and maybe a bank licence?

Not quite sure but I belive it would be very expensive and maybe not that much demand for a such service till ICO is fully launched and running a while

Making Virtual Debit and credits card for a New coin is an advance thing and it should be introduced when the coin is available at exchanges for trade and not at the time of ICO.

I agree here. What is required that you should mention this step somewhere in the Raod Map and make special advertisements of it. This can become one the major factors in getting this coin successful in ICO.

yes that is a fact that advertisement is one of the most important tool to make a project successful. i think this project is so far so much successful and hope that in future it will continue its successful journey,

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