[ANN] ICONOMI - Fund Management Platform - page 237.

derinderinderinderin

member

Activity: 71

Merit: 10

Quote from: JL901_NL on December 22, 2016, 03:30:43 PM

Quote from: therhslv on December 22, 2016, 02:54:32 PM

Hi guys im new here , i buy some icn on exchange , do i will get dividents? And whats should i do do ? keep them on exhange or what ? Thanks

To get dividends, sent them over to a wallet where you have the private keys yourself. I keep them at myetherwallet. keep all the info and the keyfile safe somewhere.

And back it up in case you lose it.

JL901_NL

member

Activity: 85

Merit: 10

Quote from: therhslv on December 22, 2016, 02:54:32 PM

Hi guys im new here , i buy some icn on exchange , do i will get dividents? And whats should i do do ? keep them on exhange or what ? Thanks

To get dividends, sent them over to a wallet where you have the private keys yourself. I keep them at myetherwallet. keep all the info and the keyfile safe somewhere.

kalpit

sr. member

Activity: 560

Merit: 250

Quote from: Daparski on December 22, 2016, 03:18:24 PM

Quote from: mtnsaa on December 22, 2016, 02:58:09 PM

Quote from: PikachuYou on December 22, 2016, 02:19:11 PM

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

I think Kraken will play a big part in bringing Iconomi services to the US, their deal runs much more deep than simply having ICN at their exchange. But that's just my intuition. Regulation in the States will take a lot of time either way, maybe they can build or license some sort of bridge in the meantime. Both Kraken and Iconomi seems very KYC oriented so they will be obviously playing by the rules.

eToro is a similar business which doesn't operate in the States either but it's booming worldwide, I think eventually we'll see some progress regarding these instruments as technology keep advancing. Remember only 10 years ago you would have to fax your information to create an account and begin trading and that could take weeks or even months if there was a delay. Payment options like Paypal weren't as widespread either, only worked in the USA.

I agree with everything you said, besides "eToro is a similar business"
eToro may have similar concept, but they are not as legit as they may appear.

Anyway, I also think that Kraken are in much deeper partnership with Iconomi and the future may unfold very interesting surprises

Kraken is an exchange. I think, it can only give support to Iconomi by adding ICNX tokens , ICNP (if tradable). Also, it can announce on the dividends distribution for coins kept on it .

For the USA issue, many legit ICO have an exception for USA participants written in TOS.

derinderinderinderin

member

Activity: 71

Merit: 10

Quote from: Daparski on December 22, 2016, 03:18:24 PM

Quote from: mtnsaa on December 22, 2016, 02:58:09 PM

Quote from: PikachuYou on December 22, 2016, 02:19:11 PM

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

I think Kraken will play a big part in bringing Iconomi services to the US, their deal runs much more deep than simply having ICN at their exchange. But that's just my intuition. Regulation in the States will take a lot of time either way, maybe they can build or license some sort of bridge in the meantime. Both Kraken and Iconomi seems very KYC oriented so they will be obviously playing by the rules.

eToro is a similar business which doesn't operate in the States either but it's booming worldwide, I think eventually we'll see some progress regarding these instruments as technology keep advancing. Remember only 10 years ago you would have to fax your information to create an account and begin trading and that could take weeks or even months if there was a delay. Payment options like Paypal weren't as widespread either, only worked in the USA.

I agree with everything you said, besides "eToro is a similar business"
eToro may have similar concept, but they are not as legit as they may appear.

Anyway, I also think that Kraken are in much deeper partnership with Iconomi and the future may unfold very interesting surprises

I share this sentiment.

Daparski

sr. member

Activity: 504

Merit: 250

Quote from: mtnsaa on December 22, 2016, 02:58:09 PM

Quote from: PikachuYou on December 22, 2016, 02:19:11 PM

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

I think Kraken will play a big part in bringing Iconomi services to the US, their deal runs much more deep than simply having ICN at their exchange. But that's just my intuition. Regulation in the States will take a lot of time either way, maybe they can build or license some sort of bridge in the meantime. Both Kraken and Iconomi seems very KYC oriented so they will be obviously playing by the rules.

eToro is a similar business which doesn't operate in the States either but it's booming worldwide, I think eventually we'll see some progress regarding these instruments as technology keep advancing. Remember only 10 years ago you would have to fax your information to create an account and begin trading and that could take weeks or even months if there was a delay. Payment options like Paypal weren't as widespread either, only worked in the USA.

I agree with everything you said, besides "eToro is a similar business"
eToro may have similar concept, but they are not as legit as they may appear.

Anyway, I also think that Kraken are in much deeper partnership with Iconomi and the future may unfold very interesting surprises

zxdcv

full member

Activity: 142

Merit: 100

Withdraw transaction "Still" pending. I made the request this morning. How long does this usually take? It's been at least 6 hours.

From ICO platform to Kraken.

Thanks.

Warren_Buffett

newbie

Activity: 56

Merit: 0

Exactly...

There's nothing stopping US citizens from owning shares of a foreign entity that doesn't operate in the US.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: PikachuYou on December 22, 2016, 02:19:11 PM

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

I think Kraken will play a big part in bringing Iconomi services to the US, their deal runs much more deep than simply having ICN at their exchange. But that's just my intuition. Regulation in the States will take a lot of time either way, maybe they can build or license some sort of bridge in the meantime. Both Kraken and Iconomi seems very KYC oriented so they will be obviously playing by the rules.

eToro is a similar business which doesn't operate in the States either but it's booming worldwide, I think eventually we'll see some progress regarding these instruments as technology keep advancing. Remember only 10 years ago you would have to fax your information to create an account and begin trading and that could take weeks or even months if there was a delay. Payment options like Paypal weren't as widespread either, only worked in the USA.

therhslv

sr. member

Activity: 1022

Merit: 264

Hi guys im new here , i buy some icn on exchange , do i will get dividents? And whats should i do do ? keep them on exhange or what ? Thanks

datathegerms

newbie

Activity: 42

Merit: 0

Quote from: jackiedragon on December 22, 2016, 02:12:44 AM

While waiting, we can read this: https://www.iconomi.net/terms-of-use

edit:
"4. Users from the United States
4.1 THE WEBSITE AND ITS PRODUCTS ARE NOT OFFERED FOR USE TO THE CITIZENS OF THE UNITED STATES OF AMERICA (“USA”) REGARDLESS OF THEIR LOCATION, AND ARE NOT OFFERED TO NATURAL OR LEGAL PERSONS, HAVING THEIR SEAT OR HABITUAL RESIDENCE IN THE USA."

Its cool guys, the devs just released some very important news over on reddit !! ...........About optimizing they're page layout for smart phones,tablets etc.

https://www.reddit.com/r/ICONOMI/comments/5josea/new_website_is_up/?

WoJJ78

full member

Activity: 168

Merit: 100

ICONOMI enthousiast

That dump though!

https://www.youtube.com/watch?v=xyEbHZmydsY

So passes ICN, son of Ethereum. Lol.

No but seriously, scooping up some tokens right now before it goes moon again Grin

Daparski

sr. member

Activity: 504

Merit: 250

Quote from: Enjorlas on December 22, 2016, 02:32:53 PM

Let's look at the fundamentals.

- Icn has not started paying Dividends yet
- Chinese do not know about Icn yet
- Wallstreet dos not know about Icn yet.
- Icn is only on 1 exchange

You are crazy to not buy Icn currently.

- Proven team
- Debit card linked to your holdings (if I am not mistaken it will be the first one)
- Fully legalized and integrated working fiat to crypto gateway
- 4.5M usd pre-seeded hedge fund to pay dividends to ICN holders

capone1340

full member

Activity: 239

Merit: 250

Quote from: PikachuYou on December 22, 2016, 02:19:11 PM

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

They are talking about the platform, not the token

Enjorlas

hero member

Activity: 788

Merit: 1000

Let's look at the fundamentals.

- Icn has not started paying Dividends yet
- Chinese do not know about Icn yet
- Wallstreet dos not know about Icn yet.
- Icn is only on 1 exchange

You are crazy to not buy Icn currently.

PikachuYou

full member

Activity: 238

Merit: 100

Me is Cute

so if they cannot deal with american customers due to regulations, we can safely say there will be no poloniex, no?

but, then at the same time, kraken is a US exchange? so how come they on kraken and not on poloniex or bittrex?

I am confused Huh

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

Quote from: honolulumark on December 21, 2016, 06:44:35 PM

Quote from: B!gSmoke on December 21, 2016, 06:35:10 PM

Lol, just recognized that I'm in the early group, too Cheesy

But nothing new, about further instructions Sad

Hitting F5 like crazy now, much excitement! Wink

It feels like Cryptocurrency done right.

I'm telling you, you can't express what ICONOMI is doing better. I'm just waiting for the token to be listed on another big exchange because presently I can't name three Altcoins better than ICN

bogdanbm

newbie

Activity: 62

Merit: 0

Quote from: Flyingbits on December 22, 2016, 01:07:49 PM

Quote

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token mkt cap 50.000.000 PER = 25
1 USD / token mkt cap 100.000.000 PER = 50
5 USD / token mkt cap 500.000.000 PER = 250
10 USD / token mkt cap 1.000.000.000 PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

Good analyze, but if we also take into consideration that this is the crypto world, if bitcoin rise stops, than there is no reason investitors pull out the money from bitcoin and invest in other cryptos like ICN, think that if bitcoin price goes down with 10% it's over 1 Bln $ that can go to different cryptos

Daparski

sr. member

Activity: 504

Merit: 250

Quote from: Flyingbits on December 22, 2016, 01:07:49 PM

Quote

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token mkt cap 50.000.000 PER = 25
1 USD / token mkt cap 100.000.000 PER = 50
5 USD / token mkt cap 500.000.000 PER = 250
10 USD / token mkt cap 1.000.000.000 PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

Quote

Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

for index-based funds all fees go to platform, meaning to ICN holders (until they have ICO money to burn, min few years)

aDAPPter

full member

Activity: 196

Merit: 100

Quote from: boestin on December 22, 2016, 03:46:02 AM

Quote from: LeonardoDaVinci on December 22, 2016, 02:22:10 AM

Just joined Lamborghini personalization program...

I'm having a hard time decide between Blue & Green steering wheels... Any suggestions? Undecided

Yes I know.. Cry

They don't have my color, that's sick! Angry

Gooing to mail or fill in a new form for my colour.. It's a mix of the Slovenian flag.

Lamborghini, can you adjust your colours for us??

They will soon make special edition for ICillionaires.

Flyingbits

member

Activity: 70

Merit: 10

Quote

Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token mkt cap 50.000.000 PER = 25
1 USD / token mkt cap 100.000.000 PER = 50
5 USD / token mkt cap 500.000.000 PER = 250
10 USD / token mkt cap 1.000.000.000 PER = 500

As long as ICONOMI is a new high/fast growing bussiness, my guess is that if the 200 USD million objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them...

Your thoughts?

Topic: [ANN] ICONOMI - Fund Management Platform - page 237. (Read 1253942 times)