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Topic: [ANN] ICONOMI - Fund Management Platform - page 149. (Read 1253941 times)

full member
Activity: 238
Merit: 100
I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

it looks like this but I believe they are working hard on the product Smiley. I also believe we will be impressed with finished product.


That is what all investors wish to believe, that the Dev are working hard. This thread has the most pumpers. It got so quiet on Dec 28th due to the delay, but it is coming back. What I want to see is action, and things happening. Not hope that the team is working hard, and that they can excuse themselves and cause more delays.


 Tongue

They´ve finished their crowdfunding campaig on Sep 29th (3 month ago) and collected money for the development! Now people are crying after 2 month that there is no finished product yet and yelling "Iconomi is fraud".

I don´t know what expectations some people have on what development is. They probably think it´s some kind of magic, where you press a button and *whup* - there is the finished, perfect product.

As some of the Iconomi guys posted on reddit (I think it was Jani), they are working pretty hard all day and their families are already missing them and honestly that´s what I believe is very true lol.

Just think about it that way: Each of the Iconomi members has a lot of ICN, but locked for a half year.

They need to deliver to get their huge profits which are worth the effort of building the platform!

With that said relax, take the delay as an opportunity and buy more ICN  Grin
sr. member
Activity: 588
Merit: 250
Crypto is Life!

Looks like ICONOMI will enter top 10 on Market Cap list this weekend.  Smiley

If that sell wall is broken, we may see a nice climb to 0.00100 this weekend.

0.00100 this weekend.

0.00500 after ICONOMI Platform launch.

0.01 after OFM Platform launch.



Buying some more ICN's for long term.
I now have close to 2K ICN's and slowly buying them daily!! :-)

Thanks for the support and talk guys!!

Amrut!

Nice, you wont regret that investment. Iconomi do have a great team in place Wink
sr. member
Activity: 284
Merit: 250
Crypto Future here i come
I have a question, would appreciate if someone could give me a clear answer. If I have icn tokens do I also hold icnx tokens? Are they the same? If not what's the difference?

No, you don't also hold ICNX.

ICN is a share of the Iconomi platform. You receive dividends as a shareholder of this platform.

ICNX is a fund on the platform, which you can invest in. Think of ICNX as a basket of different stocks. Some might go up. Some might go down. But overall, we're expecting the total value of the 'basket' to increase, and give profit to ICNX investors.

In theory, this should drive the price of ICN upwards, so that early adopters will benefit due to scarcity of the token (people holding onto it, to receive dividends)

That means the next level of investors will be the ones buying the actual product (the ICNX, and other funds) provided by Iconomi.

These will be the "old economy" investors, looking to profit from crypto with a low risk.

They might also look deeper, and want to buy ICN and become a shareholder of Iconomi - who knows? ... If they do, the demand will only add more value to ICN.

In the words of Mal Reynolds...

I AM HODLING!


So ICN is a share of the company. ICNX is the product given (what exactly does icnx do?) as is icnp. So it can be assumed that if the product is bought (icnx/icnp) then the company share goes up, correct?

Yes, that's pretty likely
hero member
Activity: 546
Merit: 500
I have a question, would appreciate if someone could give me a clear answer. If I have icn tokens do I also hold icnx tokens? Are they the same? If not what's the difference?

No, you don't also hold ICNX.

ICN is a share of the Iconomi platform. You receive dividends as a shareholder of this platform.

ICNX is a fund on the platform, which you can invest in. Think of ICNX as a basket of different stocks. Some might go up. Some might go down. But overall, we're expecting the total value of the 'basket' to increase, and give profit to ICNX investors.

In theory, this should drive the price of ICN upwards, so that early adopters will benefit due to scarcity of the token (people holding onto it, to receive dividends)

That means the next level of investors will be the ones buying the actual product (the ICNX, and other funds) provided by Iconomi.

These will be the "old economy" investors, looking to profit from crypto with a low risk.

They might also look deeper, and want to buy ICN and become a shareholder of Iconomi - who knows? ... If they do, the demand will only add more value to ICN.

In the words of Mal Reynolds...

I AM HODLING!


So ICN is a share of the company. ICNX is the product given (what exactly does icnx do?) as is icnp. So it can be assumed that if the product is bought (icnx/icnp) then the company share goes up, correct?
sr. member
Activity: 403
Merit: 250
In this OP, there are so many troll pictures, why? You are optimistic, but troll too much, you should make the OP more serious.
sr. member
Activity: 392
Merit: 255
I have a question, would appreciate if someone could give me a clear answer. If I have icn tokens do I also hold icnx tokens? Are they the same? If not what's the difference?

No, you don't also hold ICNX.

ICN is a share of the Iconomi platform. You receive dividends as a shareholder of this platform.

ICNX is a fund on the platform, which you can invest in. Think of ICNX as a basket of different stocks. Some might go up. Some might go down. But overall, we're expecting the total value of the 'basket' to increase, and give profit to ICNX investors.

In theory, this should drive the price of ICN upwards, so that early adopters will benefit due to scarcity of the token (people holding onto it, to receive dividends)

That means the next level of investors will be the ones buying the actual product (the ICNX, and other funds) provided by Iconomi.

These will be the "old economy" investors, looking to profit from crypto with a low risk.

They might also look deeper, and want to buy ICN and become a shareholder of Iconomi - who knows? ... If they do, the demand will only add more value to ICN.

In the words of Mal Reynolds...

I AM HODLING!
sr. member
Activity: 280
Merit: 300
I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

it looks like this but I believe they are working hard on the product Smiley. I also believe we will be impressed with finished product.


That is what all investors wish to believe, that the Dev are working hard. This thread has the most pumpers. It got so quiet on Dec 28th due to the delay, but it is coming back. What I want to see is action, and things happening. Not hope that the team is working hard, and that they can excuse themselves and cause more delays.


 Tongue

Agree, delay is a bit shitty thing that happened, but look on positive side, you can gather more cheap ICN before it becomes expensive.
hero member
Activity: 546
Merit: 500
I have a question, would appreciate if someone could give me a clear answer. If I have icn tokens do I also hold icnx tokens? Are they the same? If not what's the difference?
sr. member
Activity: 280
Merit: 300
I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

it looks like this but I believe they are working hard on the product Smiley. I also believe we will be impressed with finished product.
member
Activity: 106
Merit: 10
Some day i too can have a avatar and be like you.
I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol
legendary
Activity: 1025
Merit: 1000
Clasic PnD move was on BTC like always uptrend have to be broken by market.
Give it a little time and BTC will continiue move forward.
Iconomi will rise soob becouse many cash soon will be reainvested into alts...
And we have 6000BTC to buy stuff.

Yep, with the news and release of the platform we will see about .005
legendary
Activity: 1302
Merit: 1002
Clasic PnD move was on BTC like always uptrend have to be broken by market.
Give it a little time and BTC will continiue move forward.
Iconomi will rise soob becouse many cash soon will be reainvested into alts...
And we have 6000BTC to buy stuff.
sr. member
Activity: 284
Merit: 250
Crypto Future here i come
 Grin
hero member
Activity: 798
Merit: 500
Knowledge is power

Looks like ICONOMI will enter top 10 on Market Cap list this weekend.  Smiley

If that sell wall is broken, we may see a nice climb to 0.00100 this weekend.

0.00100 this weekend.

0.00500 after ICONOMI Platform launch.

0.01 after OFM Platform launch.



Buying some more ICN's for long term.
I now have close to 2K ICN's and slowly buying them daily!! :-)

Thanks for the support and talk guys!!

Amrut!

Welcome aboard.
newbie
Activity: 16
Merit: 0
Looks like ICONOMI will enter top 10 on Market Cap list this weekend.  Smiley

If that sell wall is broken, we may see a nice climb to 0.00100 this weekend.

0.00100 this weekend.

0.00500 after ICONOMI Platform launch.

0.01 after OFM Platform launch.

https://i.imgur.com/N6KfUZG.jpg

Buying some more ICN's for long term.
I now have close to 2K ICN's and slowly buying them daily!! :-)

Thanks for the support and talk guys!!

Amrut!
sr. member
Activity: 294
Merit: 250
🌟 æternity🌟 blockchain🌟
i like today price action. Cool
full member
Activity: 140
Merit: 100
FFS, enough with the same pictures.

get some hot bitch with a lambo or some hot babe on rocket....




I like that !!


MOON TIME?? Cheesy

Time to BUY some ICN and HOLD the lines!!
hero member
Activity: 1050
Merit: 604
FFS, enough with the same pictures.

get some hot bitch with a lambo or some hot babe on rocket....

sr. member
Activity: 280
Merit: 300
WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!

exactly. I counted last few buy orders together and sell orders together and numbers were almost the same

maybe it's just two bots
newbie
Activity: 42
Merit: 0
Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.


Don't we all like it when Mal does these calculations?
 Smiley

I don't like maths nor calculations, except when Mal does them  Cheesy

Yup, Same here  Smiley
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