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Topic: [ANN] ICONOMI - Fund Management Platform - page 1147. (Read 1253963 times)

hero member
Activity: 560
Merit: 501
ICONOMI Supporter
August 27, 2016, 08:41:12 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.

You can base your hope on this guys. they are all well-know in cryptoworld.

Quote
Escrow 
Max Kordek, Co-founder and CEO LISK Escrow Partnership Confirmation from Max
Aleksander Vasylchenko PhD, CTO Grid Singularity & Ex-CTO Mycelium Escrow Partnership Confirmation from Alexander
Gasper Kenda, Co-founder, Xaurum project Escrow Partnership Confirmation from Gasper
Tim M. Zagar, Co-founder, ICONOMI
legendary
Activity: 1526
Merit: 1179
August 27, 2016, 08:36:06 AM
There'll be more then 2000BTC for sure, probably 4000+. In the last days more people will join like they did in other ICO. Just mark my words.

Honestly After seeing 3 days result now I can say 4000BTC is also nothing. almost half million dollar invested so far in various currencies, BTC, ETH, Lisk and Euro, if the craze of investment go like that. ICONOMI will gain a new milestone...
(if they increase their coin supply they will possibly get 10K BTC)
The collected funds after such a short time are indeed very impressive and give me the feeling that they will at least collect 3000BTC and maybe even 4000BTC if people keep investing their money.

This just shows that the interest in this project is very high and healthy. I'll keep a close eye on the next days to see how many funds will come in.
full member
Activity: 210
Merit: 100
E᙭OTIᑕ ♥ ᑕOIᑎS
August 27, 2016, 08:35:41 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.
hero member
Activity: 560
Merit: 501
ICONOMI Supporter
August 27, 2016, 08:31:56 AM
Hello to ICONOMI Supports and Devs, I just want to know that when will the start of Twitter Campaign? I want to get some ICONOMI.

How can I get some ICONOMI thru this forum, (I don't want to join signature campaign of ICONOMI because I'm on other campaign) .

You have few options.

Join Twitter and Facebook campaign. We also run Blog and Translation campaign. If this ANN is not yet translated you can probably make good amount of coins with local active thread.
For example look at Russian thread: https://bitcointalksearch.org/topic/ann-iconomi-aopa-yae-aa-1587829 managed really well by Skyrik. Thank you Skyrik! He made 100 stakes for translation and 5 more for each post under his thread.

NP i will do my best for this project Smiley
member
Activity: 91
Merit: 10
August 27, 2016, 08:18:55 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).

Yes, hackers will definitely phish people, or other attacks, plz keep our emails secure and not public.
member
Activity: 91
Merit: 10
August 27, 2016, 08:17:31 AM
My blog have been submitted and got accepted also listed on spreadsheet . Thanks. !!
Well , about the ICO i have seen more than 434k USD invested (approximately 755.7BTC) , and  35% progress from 2000BTC already achieved on first week. That's good start for this project. I would be more excited with this project  Smiley
may i take a look of your blog about ICONOMI?
Nope, until now, it's just in 3 days, highly possible for reach 2000 btc in this project.

A project is underway to make me the more curious, that ICONOMI will have a fairly high growth and beat the ETHEREUM or they have a new innovation that will rival the Bitcoin. because I see that project now in progress (ICONOMI) has a pretty good growth as it was in the beginning of the ETHEREUM

This reminds me the dao, the dao was also crazy in ico, but they had fatal bug, and its fiasco you guys have already seen.

The security is no.1 place in the crypto currency

Are you a legendary behind newbie account lol...you are right security is number one ...

Lol, maybe, but i lost my account(got hacked) in last year, and i was angry, I haven't talked here for 8 months here. I am fine now so I registered a new one. Fuck that hacker should steal bitfinex's btc, not my account. lol
full member
Activity: 210
Merit: 100
August 27, 2016, 08:01:02 AM
Hello to ICONOMI Supports and Devs, I just want to know that when will the start of Twitter Campaign? I want to get some ICONOMI.

How can I get some ICONOMI thru this forum, (I don't want to join signature campaign of ICONOMI because I'm on other campaign) .

You have few options.

Join Twitter and Facebook campaign. We also run Blog and Translation campaign. If this ANN is not yet translated you can probably make good amount of coins with local active thread.
For example look at Russian thread: https://bitcointalksearch.org/topic/ann-iconomi-aopa-yae-aa-1587829 managed really well by Skyrik. Thank you Skyrik! He made 100 stakes for translation and 5 more for each post under his thread.
sr. member
Activity: 305
Merit: 250
August 27, 2016, 07:52:07 AM
when the spreedsheet for newsletter bounties will announce ?
full member
Activity: 210
Merit: 100
August 27, 2016, 07:49:13 AM
What gives the coin value?
What will it be used for other than trading?
How can you guarantee profits and entice investors? Yes we know 2016 was a good year and there have been good alt coins and good icos but how can you say that will continue every year...
How exactly is this different then just trusting any other qualified professional with my money?
We know there are plenty of profits in crypto. We know it is difficult for people to get money in the crypto stream. How exactly though are you any easier? I don't see it.
How can I know that your fund performance isn't false. What's to say you don't claim a 300% profit when in reality it was 1000%.?
If the coin is used just for means to distribute profit, then honestly the coin would have no true value in the beggining other than the total investment raised in ICO which really doesn't mean anything because that money isn't the coins, it's the projects. What happens on a huge market loss, the project goes under?
This just seems like a conventional business hyip model that just has complicated systems to make it seem like a complex project using Ethereums blockchain. What if the Ethereum blockchain fails? Why not just start an investment firm and build a traditional portfolio with all cryptocurrencies....you are using a coin like stock in a business pretty much, and just using crypto terms and ideologies to be attractive to the market...

Funds and fund management platform is what gives value to the coin. Imagine that you're shareholder of some investment bank. With ICONOMI is the same.

It will be used for trading, but if you're a holder it will give you weekly dividend from funds profits.

We don't guarantee profits. One coin and other scams are the only one guaranteeing profits - until it turns out there are no more profits. But the landscape we're in is evolving and going beyond just a simple value tokens. Try to read this, to get better understanding of what is going on https://medium.com/the-coinbase-blog/app-coins-and-the-dawn-of-the-decentralized-business-model-8b8c951e734f

Integrity and transparency are our key values. We're in a trust game. If we are not fully transparent then we get less trust and less business. Therefore it is in our interest to be as transparent as possible. With managing funds, with fund rules and everything. Transparency is the key for our success!

What happens when crypto markets will be hit by hard times? We'll still be getting management fee, so in a way it is safer investment.

And we are using Ethereum platform in order to be as transparent as possible. If Ethereum fails? I see no reason for that to happen. But it is not the only platform. Lisk is another great platform as well! That's also the reason why we are accepting Lisk natively!
hero member
Activity: 1708
Merit: 593
August 27, 2016, 07:25:52 AM
My blog have been submitted and got accepted also listed on spreadsheet . Thanks. !!
Well , about the ICO i have seen more than 434k USD invested (approximately 755.7BTC) , and  35% progress from 2000BTC already achieved on first week. That's good start for this project. I would be more excited with this project  Smiley
may i take a look of your blog about ICONOMI?
Nope, until now, it's just in 3 days, highly possible for reach 2000 btc in this project.

A project is underway to make me the more curious, that ICONOMI will have a fairly high growth and beat the ETHEREUM or they have a new innovation that will rival the Bitcoin. because I see that project now in progress (ICONOMI) has a pretty good growth as it was in the beginning of the ETHEREUM

This reminds me the dao, the dao was also crazy in ico, but they had fatal bug, and its fiasco you guys have already seen.

The security is no.1 place in the crypto currency

Are you a legendary behind newbie account lol...you are right security is number one ...
member
Activity: 91
Merit: 10
August 27, 2016, 07:21:30 AM
My blog have been submitted and got accepted also listed on spreadsheet . Thanks. !!
Well , about the ICO i have seen more than 434k USD invested (approximately 755.7BTC) , and  35% progress from 2000BTC already achieved on first week. That's good start for this project. I would be more excited with this project  Smiley
may i take a look of your blog about ICONOMI?
Nope, until now, it's just in 3 days, highly possible for reach 2000 btc in this project.

A project is underway to make me the more curious, that ICONOMI will have a fairly high growth and beat the ETHEREUM or they have a new innovation that will rival the Bitcoin. because I see that project now in progress (ICONOMI) has a pretty good growth as it was in the beginning of the ETHEREUM

This reminds me the dao, the dao was also crazy in ico, but they had fatal bug, and its fiasco you guys have already seen.

The security is no.1 place in the crypto currency
hero member
Activity: 756
Merit: 500
August 27, 2016, 07:17:14 AM
My blog have been submitted and got accepted also listed on spreadsheet . Thanks. !!
Well , about the ICO i have seen more than 434k USD invested (approximately 755.7BTC) , and  35% progress from 2000BTC already achieved on first week. That's good start for this project. I would be more excited with this project  Smiley
may i take a look of your blog about ICONOMI?
Nope, until now, it's just in 3 days, highly possible for reach 2000 btc in this project.

A project is underway to make me the more curious, that ICONOMI will have a fairly high growth and beat the ETHEREUM or they have a new innovation that will rival the Bitcoin. because I see that project now in progress (ICONOMI) has a pretty good growth as it was in the beginning of the ETHEREUM
sr. member
Activity: 364
Merit: 250
move that crypto
August 27, 2016, 06:06:09 AM
I'm not understanding this fully. If we buy Iconomi tokens what dividends are we then entitled to?
Does this include profits from the investment funds? What about profits from the exchange?

Correct me if I am wrong on any of this:

This ico is not for the iconomi.index (CTF) and iconomi.performance (CMF) funds.  This ico is only for ownership of the OFM platform (ICN tokens).

- the iconomi.index (CTF) tokens will have a separate ico to raise funds.  These iconomi.index (CTF) tokens will be tradeable on exchanges

- At that point we will have 2 tokens: ICN tokens (OFM platform) and iconomi.index tokens (CTF) trading on exchanges

- The 3rd offering to raise captial will be the iconomi.performance (CMF) private fund.  Invitation only.  No tokens which are tradeable on exchanges.  Only way to go in and out will be through a manual/oldschool process.


Benefits of owning ICN tokens (OFM platform):

- voting rights, dividend rights, and invitation to invest in iconomi.performance (CMF) offering

The dividends come from here:
Quote
The OFM platform systematically enables the sharing of management fees between fund managers and investors with Ethereum smart contract utilisation.

Questions:

1) How is the profit sharing decided on the OFM platform?
  - How much does fund manager keep
  - How much is sent to investors in the fund manager's fund
  - How much is distributed as dividends to ICN token holders

2) Will iconomi.index (CTF) and iconomi.performance (CMF) funds be migrated to the OFM platform, then profits from these 2 funds will be shared with holders of ICN tokens?  Or are these first 2 funds entirely separate from the OFM platform / ICN tokens?


This ICO is for ICONOMI management platform. Think of it as buying company shares. And this company will than make products and create profits.

The products ICONOMI will create won't have their own ICO. They will be financial products that we're be selling to outside investors. And those products will charge fee to their own investors just like mutual funds and etfs charge fee.

ICONOMI.INDEX - CTF will be tradable on exchanges yes.

CMF is general term. There will be many funds in CMF. One will be named ICONOMI.PERFORMANCE. This token will be invite only (for ICONOMI ICO participants at the beginning). Way to go out/in will be via us only on those tokens. 24/7 and simple. Sending money in/out in essence.


Answers to questions:
1)
- Profit sharing (fee split) on OFM will be split between ICONOMI as platform and fund manager as the one performing trading. It is not yet decided. But think of Uber/Airbnb split kind of tyle.
- Fund manager will get more than platform. See previous answer.
- Investors in fund will probably have around 20% performance fee on their gain.
- Our operational cost is what we'll burn. The rest goes to to "the owners of the company" - ICN token holders in that case.

2)
ICONOMI.INDEX and ICONOMI.PERFORMANCE will eventually be migrated to OFM. In effect those will be just two more funds on the platform that happened to be managed by us.


Great, thanks, I'm understanding this better now.  Two more questions:

1) Where will you be getting the capital for the first fund, iconomi.index (CTF) ?

2) Let's pretend I want to create and manage a fund on the OFM platform, movecrypto fund.  
- How do I raise capital for the fund?
- Am I only collecting capital inside the platform through ICN or ETH?
- Could I also collect capital from outside the platform in the form of EUR or USD?  
- Then I create/distribute a movecrypto token on the OFM platform to represent shares in my fund
- The price of this movecrypto token within the OFM platform would be denominated in ETH or ICN, for people who want to trade movecrypto tokens?
legendary
Activity: 1890
Merit: 1148
August 27, 2016, 05:56:03 AM
My blog have been submitted and got accepted also listed on spreadsheet . Thanks. !!
Well , about the ICO i have seen more than 434k USD invested (approximately 755.7BTC) , and  35% progress from 2000BTC already achieved on first week. That's good start for this project. I would be more excited with this project  Smiley
may i take a look of your blog about ICONOMI?
Nope, until now, it's just in 3 days, highly possible for reach 2000 btc in this project.
copper member
Activity: 2310
Merit: 609
🍓 BALIK Never DM First
August 27, 2016, 05:47:33 AM
This may be off topic but on my mobile phone (Samsung s7) and using the browser Opera some buttons on the website are not responsive for example i can not click on them, i can duplicate this only on opera browser maybe it's my phone but I am not sure
Maybe you did not add https:// in the URL that's why you cannot access to the ico.iconomi.net, just try to browse https://ico.iconomi.net then tell me if it works.
hero member
Activity: 658
Merit: 500
August 27, 2016, 05:45:21 AM
This may be off topic but on my mobile phone (Samsung s7) and using the browser Opera some buttons on the website are not responsive for example i can not click on them, i can duplicate this only on opera browser maybe it's my phone but I am not sure
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
August 27, 2016, 05:35:50 AM
There'll be more then 2000BTC for sure, probably 4000+. In the last days more people will join like they did in other ICO. Just mark my words.

Honestly After seeing 3 days result now I can say 4000BTC is also nothing. almost half million dollar invested so far in various currencies, BTC, ETH, Lisk and Euro, if the craze of investment go like that. ICONOMI will gain a new milestone...
(if they increase their coin supply they will possibly get 10K BTC)
legendary
Activity: 2744
Merit: 1288
August 27, 2016, 05:32:50 AM
Hi ICONOMI,

2 questions:



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.

Dividends will not be paid in ICN tokens, but in some other currency. maybe bitcoins. maybe ETH maybe, ...
newbie
Activity: 16
Merit: 0
August 27, 2016, 05:28:33 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.
copper member
Activity: 1386
Merit: 1000
August 27, 2016, 05:22:20 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?
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