Hey, I have noobs question: I sent my ICN to kraken, but now that I bought some more I would like to send it back to eth wallet. I should be able to get dividends right ?
thanks
thanks
Topic: [ANN] ICONOMI - Fund Management Platform - page 489. (Read 1253951 times)
Dividends are just the icing on the cake. The real price of ICN tokens will come from the fact that they represent the Open Fund Management application and its' userbase
Apps like Whatsapp and Snapchat have market caps over $20 billion, despite the fact that they have negative profits, meaning they spend A LOT more money than they earn.
Why do these tech apps, which pay 0 dividends, have such a high market cap then? Because their huge userbases are valuable.
If OFM platform gets even 5k users, than it will be the 3rd largest userbase on coinmarketcap behind Bitcoin and Ethereum.
Apps like Whatsapp and Snapchat have market caps over $20 billion, despite the fact that they have negative profits, meaning they spend A LOT more money than they earn.
Why do these tech apps, which pay 0 dividends, have such a high market cap then? Because their huge userbases are valuable.
If OFM platform gets even 5k users, than it will be the 3rd largest userbase on coinmarketcap behind Bitcoin and Ethereum.
Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!
you don't get how ICN operates, I'd recommend reading the FAQ & WP.
also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.
I don't think that is just another shitcoin ico, they raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?
Please don't be carried away with Golem ICO, I remember vividly the success of Singularity ICO, it also raised $7 million in 30 mins and the price is now 50% below the ICO price. Whales are the ones determining the prices of the tokens and not the fundamentals which is something that bothers me
Firstblood as well..
How fast ICO collects X amount of money is no guarantee.
Trust Jani and the team, they know what to do.
Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!
The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon
yeah, the success of the follow-up products will decide the value, not some retarded daytraders
please, call them "investors". And as such "investors" they expect 3-5x in less than 3 weeks, without a working platform yet. And all that so they can start "trading"..
And when their expectations are not fulfilled they start to cry.
That's the next generation investors...
Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!
The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon
why do you need to put pressure on the team? Can you point at a single deadline or a milestone that they haven't met?
Most of them are holders as well so now that you guys knew you only get 0.10$ a week. time for you to dump it all
At 0.10$ a week / ICN the ROI considering the ICO price would be ... ~ 1.3 weeks
... mmmm ... allow me not to be that enthusiastic. Even 0.01 USD / ICN / Week is too good to be true, and if that would happen that would spike price of ICN above 5 USD with no problem, because even bought at that price would have a ROI whey better than most businesses.
You know ... when something looks to good to be true ... that is because most probably its not true
Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!
The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon
yeah, the success of the follow-up products will decide the value, not some retarded daytraders
Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!
The problem with most people that invested into ICONOMI is that they don't even understand the project, the rank or position on the coinmarketcap is nothing. The main thing is to put pressure on the team to walk the talk, once the platform is working and the next fund been raised, ICN will reach the the moon
Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!
you don't get how ICN operates, I'd recommend reading the FAQ & WP.
also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.
I don't think that is just another shitcoin ico, they raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?
Please don't be carried away with Golem ICO, I remember vividly the success of Singularity ICO, it also raised $7 million in 30 mins and the price is now 50% below the ICO price. Whales are the ones determining the prices of the tokens and not the fundamentals which is something that bothers me
Iconomi and Xaurum at 22 and 23 rank on coinmarketcap, both with some common team members, good job!
It is just too early in this token's lifecycle to make predictions on the amount of dividends to be paid to shareholders.
Just sit back and chill and let it work itself out. ICN has a killer team behind it, but we as true investors need to be patient.
Just sit back and chill and let it work itself out. ICN has a killer team behind it, but we as true investors need to be patient.
Okay. it seem like the fudsters just disappear when you guys all discussed about dividends lol.. I guess they too are reading the whole on going discussion.
Most of them are holders as well so now that you guys knew you only get 0.10$ a week. time for you to dump it all
So this one have huge potential great know about ICN dividends. Now I'm buying more to get more benefit just for holding them and get rewarded in long term to make my life more easier with this project.
It is just too early in this token's lifecycle to make predictions on the amount of dividends to be paid to shareholders.
Just sit back and chill and let it work itself out. ICN has a killer team behind it, but we as true investors need to be patient.
Just sit back and chill and let it work itself out. ICN has a killer team behind it, but we as true investors need to be patient.
For kicks, let's assume that $700K goes straight to token holders instead. $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.
Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.
make that $700k/87,000,000
If they're smart enough, they'll choose to forfeit their part of the dividends for the first few years.
Doesn't make it much more attractive, but yes theoretically, but the payments are based on a smart contract so I doubt they programmed in an exception like that, an ICN is an ICN in that contract.
And like I said earlier, I don't know how they keep afloat without subtracting costs from revenue, so I don't see how we'll be paid anything at all for a while unless they are pulling salaries from the first $5M of the ICO for a year or two.
I don't see a lot of profits coming from the actual performance and index funds initially (unless they really can get some big whales investors) but if Iconomi is popular and becomes similar to eToro or Zulutrade for crypto then the sky is really the limit. Who wouldn't want to get a share of Poloniex or eToro business? haha
I am HODLING.
I had mistakenly , just thought price of ICN was 0.012 Btc ( actually it was 0.12 USD / icn)
My calculations in that posts were based on that.
So, what I meant about 12 % returns yearly is possible in first year. (What I actually meant with $ 1/year)
I would be satisfied with 60% returns yearly. (What I actually meant with $0.1 weekly)
Sorry, my bad.
Yes, your post is great. I had read it.
Edit: Today, I saw that you are the escrow of ARK. Great!
For kicks, let's assume that $700K goes straight to token holders instead. $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.
Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.
make that $700k/87,000,000
If they're smart enough, they'll choose to forfeit their part of the dividends for the first few years.
Doesn't make it much more attractive, but yes theoretically, but the payments are based on a smart contract so I doubt they programmed in an exception like that, an ICN is an ICN in that contract.
And like I said earlier, I don't know how they keep afloat without subtracting costs from revenue, so I don't see how we'll be paid anything at all for a while unless they are pulling salaries from the first $5M of the ICO for a year or two.
For kicks, let's assume that $700K goes straight to token holders instead. $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.
Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.
make that $700k/87,000,000
If they're smart enough, they'll choose to forfeit their part of the dividends for the first few years.
Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!
you don't get how ICN operates, I'd recommend reading the FAQ & WP.
also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.
I don't think that is just another shitcoin ico, their raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?
Yes, that's exactly what the Iconomi Performance fund is about.
Hope Iconomi invested massively in Golem (GNT), their ico raised 1millions of ether in just 10 minutes, their ico just ended!
you don't get how ICN operates, I'd recommend reading the FAQ & WP.
also, lul clueless people dump millions to the shittiest ICO these days, that's no indicator for success.
I don't think that is just another shitcoin ico, they raise 1 millions of ethers in just half an hour, Iconomi is about investment in other cryptocoins and startup, am I right?
>2 months
shit
Hope this dividends are like a 1$ per token.
shit
Hope this dividends are like a 1$ per token.
I see many are talking about dividends and retiring while I am sure most of them have some thousands ICNs (maybe). I am not sure what dividends people are expecting ... I doubt the value will be higher than a few cents / ICN / year. So really ... what money that would mean ... ? few $ / year for some one that invested few hundreds usd ? that is peanuts ... in risk / reward terms its just doesn't worth. Lets be honest ... dividends are for those that have > 100k-250K ICN ... for the rest the real value is in trading (selling high buying low). And I am talking about people at least in Africa and Est Europe where few hundred USD / year profit actually means something in practical terms and not for the western countries where this kind of profit would probably mean a couple of evening dinners at an average restaurant.
Even if its just a cent its still good for that proves someone that holds ICN can earn doing nothing but just hold.
Its not earning for doing nothing. You didn't do anything to earn those BTC/USD/ETH with which you bought the ICNs? When you invested 3-4 BTC and you end up earning few dollars a year ... that is peanuts. What do you think the ROI will be ? 3-5 years ? That is BS ... that is an eternity in crypto world. The ROI has to be less than a year, and hope for at least another year of profits until all goes to shit. You will not retire after investing few BTC in an ICO ... neither will you have any Lambos from such activity. If you were able to invest a really big chunk of money in this ... you probably already have a Lambo or something similar, and most probably do not read BTT
My thoughts exactly, still, this is cryptoworld, if I wanted regular dividends and ROI I'd put my money in Microsoft.
I'm stunned that people on the forum are just speculating on dividends per ICN. Not you, but others in this thread.
There are two ways to make revenue for Iconomi. One is collecting 2% of everything invested and up to 20% of profit generated from the performance fund.
So lets say they automatically start the performance fund with the $5M USD they had at the end of the crowsale.
Annually they would be collection 2% of that which is $100K, initially there is no profit, but let's say we look 6 months out and they double the investment fund size and also make a 25% profit on the perf fund. So $10M invested @ 2% = $200K + $10M * 0.25 * 0.2 (which represents 20% perf fee on the 25% profit) = $200K + $500K = $700K that is annualized revenue, now revenue - expense = profit so will they pull out money for the salaries of 30 people? If so, that $700K goes bye bye.
For kicks, let's assume that $700K goes straight to token holders instead. $700K / 100,000,000 ICN tokens = $0.007 / ICN ANNUALLY. So let's say you have 10K ICN you would make $70 ANNUALLY if paid WEEKLY you'd get $1.35 which is 0.13 ETH or so.
Bottomline, until the OFM gets going and people really throw money into this don't expect any real dividends.
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