Author

Topic: [ANN] ICONOMI - Fund Management Platform - page 1143. (Read 1253963 times)

full member
Activity: 210
Merit: 100
August 28, 2016, 08:48:32 AM
I like this project and will look forward to supporting you in one or more campaigns.

In the thread, I read that "all funds will be returned", but what could I base my hope on that I would get my funds back if I invested into ICONOMI platform?

Unfortunately, in the past where I invested into a platform that was at crowdsales, the person who held the funds decided to disappear with the investors' money.

In our case we build a system with trusted escrow partners. That means we don't posses full control of our collecting addresses, but escrow partners do. That way, we can't just disappear. And all escrow partners are well known in community and have zero incentive to run disappear and run away with anything. They for sure will not sacrifice great projects like LISK and Xaurum to run away with our collected funds. Not gonna happen.
hero member
Activity: 574
Merit: 500
BIG AIRDROP: t.me/otppaychat
August 28, 2016, 08:47:27 AM
Hi everyone, I am failing to sign up for ICO campaign-after email and password filled and then pressing sign up -nothing happens just small "prohibited road" sign appears .Anyone had same problem?
My PC works fine.
member
Activity: 66
Merit: 10
ngo kiem tuan
August 28, 2016, 08:46:33 AM
I do like the look of this and thankfully found another legit project but can you tell me please, wrote from scratch or clone of something else?

i alsow like to knw what copy token is?
full member
Activity: 210
Merit: 100
August 28, 2016, 08:40:02 AM
when the spreedsheet for newsletter bounties will announce ?

I'd rather not have my email publicly listed.  Everyone could potentially become target for phishing attacks (and spam).

We solved that with publishing a list of salted md5 hashed email. I hope you found your hash in that table!
hero member
Activity: 658
Merit: 500
August 28, 2016, 06:28:01 AM
I just ask
if invest in the ICO it automatic I received 15% Bonus in my account or received bonus when the ico is end?

If I do understanding the Initial post you will be paid on September 29 when it ends, however, if you need a 100% correct answer just send the op a pm and he will surely give you the correct answer to your question.

I believe that by the time they will add some Q&A answer the most asked questions!
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
August 28, 2016, 06:17:23 AM
This coin ICO is going like fire. I cant believe it just reached App 800BTC within few days. May be because of trusted escrows people are trusting this ICO unlike the Opair. By the way if you people will achieved your target of 2kbtc before the end date of ICO will you stop the ICO?
Yes trusted escrow,capable dev team,amazing concept and clear roadmap are few main reasons people like me have put their faith in this ICO.I seldom invest in ICO but this is an exception because it is very promising

hero member
Activity: 737
Merit: 551
August 28, 2016, 06:15:34 AM
I just ask
if invest in the ICO it automatic I received 15% Bonus in my account or received bonus when the ico is end?
legendary
Activity: 1386
Merit: 1045
August 28, 2016, 06:13:39 AM
Hi ICONOMI,

2 questions:

1. Can I do multiple deposits to the ICO?  Fo instance, deposit 1 BTC today then another 1 BTC tomorrow?

2. I have read that ICN tokens bring dividends.  Is this similar to stock dividends?  Perhaps a stupid question, but if ICN token limit is 100M (85M is distributed in the crowdsale plus 15% used elsewhere), where will you get the ICN dividends to give to your investors?  Sample case 10% stock dividend is already 8.5M ICN - where will you get this if you have 100M limit?

Thanks.

Thanks for questions.

1. You can do multiple deposits.  You can mix currencies or send multiple transactions in the same currency. 1 BTC today, 1 BTC tomorrow is fine.

2. This is similar to stock dividends. They will be paid out in ETH. They will come from profits we'll be making with operating funds.
This is interesting, on the point of dividends. Are the exchanges on board with this? They are the ones who need to do the calculations and make sure their account holders are being credited the right amount of ETH. I am assuming most of, or a significant chunk of the supply will be held in exchanges.

Also, how frequent will these dividends be?
hero member
Activity: 570
Merit: 500
August 28, 2016, 06:05:06 AM
I wanna translate into Chinese for you, is it done by another guy?   Cheesy  I think your project will surely get 2000 btc.

Just reserve it for me, I will translate when I work tomorrow. Thanks
As you see, the Chinese translation is already done, https://bitcointalksearch.org/topic/iconomi-ico-1598568
member
Activity: 86
Merit: 10
August 28, 2016, 06:00:42 AM
I wanna translate into Chinese for you, is it done by another guy?   Cheesy  I think your project will surely get 2000 btc.

Just reserve it for me, I will translate when I work tomorrow. Thanks
hero member
Activity: 1498
Merit: 504
August 28, 2016, 05:57:19 AM
wow, ICONOMI raised 500k +, so crowd on twitter, well the next target is 1k, keep the good work ICONOMI ! Grin
full member
Activity: 210
Merit: 100
August 28, 2016, 05:49:39 AM
Hi ICONOMI,

2 questions:

1. Can I do multiple deposits to the ICO?  Fo instance, deposit 1 BTC today then another 1 BTC tomorrow?

2. I have read that ICN tokens bring dividends.  Is this similar to stock dividends?  Perhaps a stupid question, but if ICN token limit is 100M (85M is distributed in the crowdsale plus 15% used elsewhere), where will you get the ICN dividends to give to your investors?  Sample case 10% stock dividend is already 8.5M ICN - where will you get this if you have 100M limit?

Thanks.

Thanks for questions.

1. You can do multiple deposits.  You can mix currencies or send multiple transactions in the same currency. 1 BTC today, 1 BTC tomorrow is fine.

2. This is similar to stock dividends. They will be paid out in ETH. They will come from profits we'll be making with operating funds.
sr. member
Activity: 339
Merit: 250
August 28, 2016, 05:41:54 AM
I do like the look of this and thankfully found another legit project but can you tell me please, wrote from scratch or clone of something else?
full member
Activity: 210
Merit: 100
August 28, 2016, 05:37:03 AM
This coin ICO is going like fire. I cant believe it just reached App 800BTC within few days. May be because of trusted escrows people are trusting this ICO unlike the Opair. By the way if you people will achieved your target of 2kbtc before the end date of ICO will you stop the ICO?

2k BTC is the success threshold. The final price will be determined by free market of investors.
full member
Activity: 210
Merit: 100
August 28, 2016, 05:30:01 AM
When ICONOMI tokens are out, will it be possible to use a light wallet like myetherwallet to store 'em ?

PS. Reminder to add Greek Translation in OP:
https://bitcointalksearch.org/topic/ann-iconomi-ico-1596956


Yes, it will be possible to use anything as it will be a contract deployed on top of Ethereum. Myetherewallet will work as well. You will control the ICN tokens same way as you control ETH.

From whitepaper: https://www.iconomi.net/ICONOMI_Whitepaper.pdf
Quote
ICNs will be issued with the deployment of a smart contract on the Ethereum network and
transferred to an Ethereum address users will be able to provide through the ICONOMI
interface. Users who fail to do so will still be able to access their ICNs via the ICONOMI
website.
sr. member
Activity: 339
Merit: 250
August 28, 2016, 05:27:32 AM
Is this coin/token wrote from scratch? Or a clone of LISK?
hero member
Activity: 570
Merit: 500
August 28, 2016, 05:23:23 AM
What is the exchange rate for other crypto-currency? Eg. If  I chose to purchase ICN with LSK, how do you calculate the price of LSK? Daily exchange rate or?
newbie
Activity: 25
Merit: 0
August 28, 2016, 05:22:20 AM
Could something like the Dao happen with this? Like security exploits?

Who knows, this platform is based on ethereum, so it is possible.  Cry
That's basically my biggest fear with this. Just that unknown.

TheDAO and ICONOMI are different. TheDAO had a bug in the code with lots of ETH inside and that's what brought it down. We won't nearly be that exposed as most of the funds will be kept in multiple cold wallets (and not in one giant multisig like Bitfinex had).

You need to ensure your code is 100% secure, should learn the experience from dao's fiasco.
full member
Activity: 210
Merit: 100
August 28, 2016, 05:20:02 AM
Could something like the Dao happen with this? Like security exploits?

Who knows, this platform is based on ethereum, so it is possible.  Cry
That's basically my biggest fear with this. Just that unknown.

TheDAO and ICONOMI are different. TheDAO had a bug in the code with lots of ETH inside and that's what brought it down. We won't nearly be that exposed as most of the funds will be kept in multiple cold wallets (and not in one giant multisig like Bitfinex had).
full member
Activity: 210
Merit: 100
August 28, 2016, 05:13:20 AM
17. Are the investment funds going to be open for everyone to participate?

The ICONOMI.INDEX fund will be open to everyone, while the ICONOMI.PERFORMANCE fund will be by invitation only. However, ICONOMI ICO participants will be invited to the ICONOMI.PERFORMANCE fund.

 Huh If I only invest a small amount in the ICO and wish to add more at some other time, will I be able to add more to a CMF, or will I only be able to invest the original ico amount?

ie 1btc now 10btc later ?

There won't be any limit of how much to invest into ICO compared to how much anyone will be able to invest into ICONOMI.PERFORMANCE.

But if it turns out that too many investments wants to be invested into ICONOMI.PERFORMANCE (It will be limited with a reason. Because there will be limited investment opportunities for that fund) then we'll just have to prioritise it somehow. Then the ones with more investment into ICO should have slightly higher priority.

is there any ballpark figure you have set for no. of participants or total amount of Fund to be raised for CMF/ICONOMI.PERFORMANCE? if it is competitive then there must be an indicator or minimum limit for amount of investment to be made to qualify for ICONOMI.PERFORMANCE.

its a tough decision to commit so much money for 35 days without any return and with that said you may still end up with ordinary CTF that you can enter anytime.

although i have invested some a little amount of bitcoin in ICO but still the uncertainty to qualify for ICONOMI.PERFORMANCE is keeping for committing any more BTC to the project.

ICONOMI.PERFORMANCE will be invite only for ICO participants at beginning. Regardless of investment size. But if it turns out that we're filling each batch in 5mins we'll have to priotorise bigger investors first. I think it is fair to say that someone who contributed a lot for it to happen have early access.
For those not in ICO it will remain closed until there are enough investing opportunities.
Jump to: