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Topic: [ANN] ICONOMI - Fund Management Platform - page 333. (Read 1253958 times)

full member
Activity: 196
Merit: 100
December 09, 2016, 06:12:09 PM
Will Fiat gateway be operational on ICNX & ICNP launch date of Dec 28 ?
Can people buy them with USD & EUR right away after launch?
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
December 09, 2016, 06:11:46 PM
How can one participate in ICONOMI.index and ICONOMI.performance?
member
Activity: 78
Merit: 10
December 09, 2016, 06:07:07 PM
No, it's not $10
It will take some time to get there

ok so whats your prediction for first month of the new year 2017?

And im not sure when is the first batch of dividends out for investors? Is it this year or the next year?

Also any news on ICONOMI wallet?

im asking because some people still have ICNs on kraken or liqui (for liqui im not sure, but you get payed with dividends?)

Regarding dividends... dividends are distribution of profits. In order to have profits, ICONOMI must first launch its products and generate revenue. By the end of this year we will launch two investment funds (ICONOMI.index and ICONOMI.performance)... This is where first fees will come from, but we expect profits to seriously ramp up later in 2017 when full OFM platform launches with many fund managers running their respective funds...

Regarding their distribution there should be no fear - we will announce the block height of distribution well in advance... So there will be plenty of time to move your ICN tokens to a wallet for which you control private key, or to an exchange that will support eth dividend redistribution... We are a long term business not pump and dump, so do not expect dividends on 1st of January or any time very soon...

Re "ICONOMI wallet"... as answered in our recent AMA (https://www.reddit.com/r/ICONOMI/comments/5ghrp5/askmeanything_icnx_and_iconomiindex_edition/) we will enable ICN deposits on our upcoming platform early next year. Investors will be able to securely store ICN tokens with us (multisig cold wallets)...

sr. member
Activity: 392
Merit: 255
December 09, 2016, 06:06:43 PM
Most prominent ICOs are open about their Burn rate.
Why aren't ICONOMI Devs transparent about their spending?
Aren't they supposed to release monthly expenses reports?

We have promised quarterly reports, and we plan to deliver on that promise.


Thanks for confirming.
We'll wait till after after Dec 31 for that Q4 2015 spending report then.

Indeed! I look forward to reading it  Grin
member
Activity: 84
Merit: 10
December 09, 2016, 05:56:33 PM
Most prominent ICOs are open about their Burn rate.
Why aren't ICONOMI Devs transparent about their spending?
Aren't they supposed to release monthly expenses reports?

We have promised quarterly reports, and we plan to deliver on that promise.


Thanks for confirming.
We'll wait till after after Dec 31 for that Q4 2015 spending report then.
full member
Activity: 140
Merit: 100
December 09, 2016, 05:53:56 PM
No, it's not $10
It will take some time to get there

ok so whats your prediction for first month of the new year 2017?

And im not sure when is the first batch of dividends out for investors? Is it this year or the next year?

Also any news on ICONOMI wallet?

im asking because some people still have ICNs on kraken or liqui (for liqui im not sure, but you get payed with dividends?)

If you're confused, it's better just give backup wallet ICN to me or anyone else. Cheesy

im not confused, there is a plan that ICONOMI will make a wallet.

As you know if you have any ICN tokens on any exchange you will get 0 dividends, as you have to have your ICNs on ICONOMI or myetherwallet +pvt key..

Now there were some info about liqui exchange might pay dividends but im not sure..

i am sure i dont wanna miss first payout like 0.01 for ICN Cheesy
member
Activity: 78
Merit: 10
December 09, 2016, 05:53:13 PM
Will ICNP and ICNPX be different tokens than ICN? How does one invest in one fund or another with their ICN tokens? I don't really understand how all this is interconnected as the white paper didn't explain.

Here the official posting by Jaka:

Quote
ICNX Tokens will be a part of the dividend distribution System. With every dividend payout 0,2 % of all ICNX tokens will be provided to the 10 ethereum adresses which at the time of the dividend payout hold the most ICONOMI token. This happens every 2 weeks

50% of all ICNP Tokens will be automatically distributed to every ICO member who contributed more than 5 BTC. The rest of ICNP tokens will be available via Kraken at a fixed price of 0,1 BTC/ICNP

Oh, how nice - a special occasion... It is not every day that my ignore list grows with a scamming senior member...
sr. member
Activity: 392
Merit: 255
December 09, 2016, 05:52:18 PM
Most prominent ICOs are open about their Burn rate.
Why aren't ICONOMI Devs transparent about their spending?
Aren't they supposed to release monthly expenses reports?

We have promised quarterly reports, and we plan to deliver on that promise.


Roughly when do you expect the first of these reports to be published?

I wouldn't like to guess, as I don't know where you're starting the 'quarter' from. Are we talking end of March, or sooner?
member
Activity: 78
Merit: 10
December 09, 2016, 05:42:56 PM
Most prominent ICOs are open about their Burn rate.
Why aren't ICONOMI Devs transparent about their spending?
Aren't they supposed to release monthly expenses reports?

We have promised quarterly reports, and we plan to deliver on that promise.
legendary
Activity: 1162
Merit: 1000
December 09, 2016, 05:40:27 PM
No, it's not $10
It will take some time to get there

ok so whats your prediction for first month of the new year 2017?

And im not sure when is the first batch of dividends out for investors? Is it this year or the next year?

Also any news on ICONOMI wallet?

im asking because some people still have ICNs on kraken or liqui (for liqui im not sure, but you get payed with dividends?)

If you're confused, it's better just give backup wallet ICN to me or anyone else. Cheesy
full member
Activity: 140
Merit: 100
December 09, 2016, 05:39:47 PM
[–]jani8x 17 points 10 hours ago*
Wednesday 21st December we'll give access to the very first few from our early access list (we expect feedbacks from those users). Maybe same day, maybe within next 2-3days early access will be given to all on early access list.
A day after access willl be given to all 3,508 investors.
Wednesday 28th December is THE launch date for all.
Edit: name of the week

https://www.reddit.com/r/ICONOMI/comments/5hd6de/its_almost_middecember_whats_the_official_launch/?st=iwhuv8zw&sh=978f4289
legendary
Activity: 1162
Merit: 1000
December 09, 2016, 05:38:36 PM
I feel really bad for the people who have sells below 100k now..... no wait... no I don't!! Thanks for the cheap ICN everybody  Grin Grin Grin

Yes I also feel that, they just want to do the dumper and get bitcoin, but this game, who survive him will win.
legendary
Activity: 1162
Merit: 1000
December 09, 2016, 05:36:14 PM
No, it's not $10
It will take some time to get there

Something could happen. Grin
full member
Activity: 140
Merit: 100
December 09, 2016, 05:35:39 PM
i wonder how nobody here talking about investment that ICONOMI made in GOLEM? was it 5Mill $?  


and how GOLEM project is not doin well?


seems that everyone is busy with ICN price and if ICN will be on POLO?


Look what do you guys think that ICNX (iconomi) will need to fund 2 major investments so that shareholders will get (profit) but what will those 2 investments will be in 2017?

Does that two investments will be profitable?


can anyone guess?

5000 ETH ($50k) investment into Golem was more of a proof of concept investment, so they could meet their goal of starting performance fund before 2017

I don't expect significant dividends until OFM platform is launched, userbase grows and it starts generating revenue.

If revenue of OFM platform grew to size of Bittrex, then that would mean $15k per week in dividends to ICN holders.

Any dividends from index and performance funds would just be icing on the cake at that point.

As we understand the ICNX will be funded only by iconomi funds (at start)?




Not true.
As we have announced before ICONOMI.index fund will be completely open to the public - anyone will be able to invest.


Thank you Jaka for the inforamtion.

So the ICONOMI.PERFORMANCE FUND (invite only) will be at first only founded by ICONOMI?
full member
Activity: 140
Merit: 100
December 09, 2016, 05:33:36 PM
No, it's not $10
It will take some time to get there

ok so whats your prediction for first month of the new year 2017?

And im not sure when is the first batch of dividends out for investors? Is it this year or the next year?

Also any news on ICONOMI wallet?

im asking because some people still have ICNs on kraken or liqui (for liqui im not sure, but you get payed with dividends?)
member
Activity: 78
Merit: 10
December 09, 2016, 05:30:35 PM
i wonder how nobody here talking about investment that ICONOMI made in GOLEM? was it 5Mill $?  


and how GOLEM project is not doin well?


seems that everyone is busy with ICN price and if ICN will be on POLO?


Look what do you guys think that ICNX (iconomi) will need to fund 2 major investments so that shareholders will get (profit) but what will those 2 investments will be in 2017?

Does that two investments will be profitable?


can anyone guess?

5000 ETH ($50k) investment into Golem was more of a proof of concept investment, so they could meet their goal of starting performance fund before 2017

I don't expect significant dividends until OFM platform is launched, userbase grows and it starts generating revenue.

If revenue of OFM platform grew to size of Bittrex, then that would mean $15k per week in dividends to ICN holders.

Any dividends from index and performance funds would just be icing on the cake at that point.

As we understand the ICNX will be funded only by iconomi funds (at start)?




Not true.
As we have announced before ICONOMI.index fund will be completely open to the public - anyone will be able to invest.
legendary
Activity: 1092
Merit: 1000
December 09, 2016, 05:21:50 PM
Good moving prices, I want to buy now or I am too late
Waiting to 100k in january 2017

So are you waiting for 100k and then you buy?
hero member
Activity: 1064
Merit: 589
December 09, 2016, 05:17:20 PM
Good moving prices, I want to buy now or I am too late
Waiting to 100k in january 2017
sr. member
Activity: 364
Merit: 250
December 09, 2016, 05:16:04 PM
So it's time for a buy the rumor sell the news you mean ? Boring.

Well, whatever happens before the 28 december, I am pretty sure, it'll happen even more after that tho  Smiley.
full member
Activity: 196
Merit: 100
December 09, 2016, 05:12:54 PM
whats the point people selling ?


22:57:34 +01:00   buy   Ξ0.02369   885.00000000
22:47:14 +01:00   sell   Ξ0.02260   53.00000000
22:35:02 +01:00   sell   Ξ0.02250   492.59012700
22:25:26 +01:00   sell   Ξ0.02250   44.63511000
22:13:43 +01:00   sell   Ξ0.02240   1,003.76216759
22:03:05 +01:00   sell   Ξ0.02240   100.00000000
22:03:04 +01:00   sell   Ξ0.02250   0.00005257
22:03:04 +01:00   sell   Ξ0.02250   886.78794743
22:02:49 +01:00   sell   Ξ0.02250   113.21205257
22:02:49 +01:00   sell   Ξ0.02250   424.01318443
22:02:35 +01:00   sell   Ξ0.02250   100.00000000
22:02:34 +01:00   sell   Ξ0.02250   475.98681557
21:59:25 +01:00   sell   Ξ0.02250   66.00000000
21:58:31 +01:00   sell   Ξ0.02240   50.00000000
21:52:51 +01:00   buy   Ξ0.02247   884.95600000


People selling are like this Limo, trying to stop ICONOMI train.
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