[ANN] ICONOMI - Fund Management Platform - page 523.

andraxyz

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Quote from: Wall-Street on November 06, 2016, 03:30:40 PM

Quote from: ClaraLuV on November 06, 2016, 03:17:12 PM

so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.

From what I understand, your $1000 investment gives you 8333 ICN
If we get 20% profit on the $4.6 million, that's $920K
920k*0.2/85mi = 0.002164705$ / icn
So for your $1000 investment, you get $18 on WEEKLY dividends from just iconomi.index

iconomi.performance is the fund that invests in ICOs and lucrative trading opportunities that could yield 300% or 500% returns, that's supposed to pay out much more than iconomi.index

AND you also have dividends from Open Fund Management platform, think of it as dividends from owning a share of eToro.com platform.

So that's 3 weekly income streams from your Iconomi investment.

Yes but for that we would need 20% weakly profit which is somewhat unlikely.
Also, you need to divade the profit by 100 mil, not 85 mil, as there are 100 mil tokens. Iconomi team will get dividends from that 13 mil tokens they still own.
But I laso think, when performance fund shows profit, there will be a lot more money to consider than those $4,6 mil

Wall-Street

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Quote from: ClaraLuV on November 06, 2016, 03:17:12 PM

so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.

From what I understand, your $1000 investment gives you 8333 ICN
If we get 20% profit on the $4.6 million, that's $920K
920k*0.2/85mi = 0.002164705$ / icn
So for your $1000 investment, you get $18 on WEEKLY dividends from just iconomi.index

iconomi.performance is the fund that invests in ICOs and lucrative trading opportunities that could yield 300% or 500% returns, that's supposed to pay out much more than iconomi.index

AND you also have dividends from Open Fund Management platform, think of it as dividends from owning a share of eToro.com platform.

So that's 3 weekly income streams from your Iconomi investment.

andraxyz

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Quote from: ClaraLuV on November 06, 2016, 03:17:12 PM

so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.

You need to consider performance fund, indeks fund, and all the funds that will emerge by the people. I think if we get 10% of the userbase that etoro has, dividends will be raining in

ShooterXD

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Quote from: ClaraLuV on November 06, 2016, 03:17:12 PM

so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.

This is just a example dude. When they give some answer about mal Reynolds questiona we get a north

ClaraLuV

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Presale is live!

so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.

MGM

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Quote from: ShooterXD on November 06, 2016, 03:10:11 PM

If we think they get 10% profit in 4.6mi $ this turn into 460k $
Then we have 460k*0.2/85mi = 0.001082353$ / icn
I think this is possible, and probably will be better

Thanks!
What about Iconomi.PERFORMANCE Profit?
What's the formula to calculate that?

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If we think they get 10% profit in 4.6mi $ this turn into 460k $
Then we have 460k*0.2/85mi = 0.001082353$ / icn
I think this is possible, and probably will be better

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Quote from: MGM on November 06, 2016, 03:04:50 PM

Quote from: ShooterXD on November 06, 2016, 02:59:40 PM

Just get funds profit*0.2/85mi = dividend amount/icn

Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.

I'm a little lost...

So if Iconomi.index Profit = $100,000

Dividend amount /icn= $100,000 * 0.2/85mi = 0.00023529411 ETH / icn ?

0.0002352941$/icn

If you hold 10k ICN you get 2.35$

MGM

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Quote from: ShooterXD on November 06, 2016, 02:59:40 PM

Just get funds profit*0.2/85mi = dividend amount/icn

Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.

I'm a little lost...

So if Iconomi.index Profit = $100,000

Dividend amount /icn= $100,000 * 0.2/85mi = 0.00023529411 ETH / icn ?

Please correct me if I'm mistaken...

sunchaser

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Audaces Fortuna Iuvat

If i have say, 10000 icn on iconomi wallet and 5000 icn on myetherwallet, how exactly will work with dividends? I will need to move the 5000 icn on myetherwallet to iconomi wallet?

Thanks

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Just get funds profit*0.2/85mi = dividend amount/icn

Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.

MrPresident

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Think or swim.

Quote from: Daparski on November 06, 2016, 02:40:04 PM

Quote from: MrPresident on November 06, 2016, 02:32:42 PM

There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt.
It's a matter of security and economics.

I am sure Iconomi teams have thought about that. It doesn't look like too complicated to implement some security fuse, such as minimum amount of tokens per single address

Agreed....
Iconomi team are much smarter than that. Wink

Daparski

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Quote from: MrPresident on November 06, 2016, 02:32:42 PM

There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt.
It's a matter of security and economics.

I am sure Iconomi team have thought about that. It doesn't look like too complicated to implement some security fuse, such as minimum amount of tokens per single address

MrPresident

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Think or swim.

There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt.
It's a matter of security and economics.
I think allowing less than a whole single ICN token to receive dividends would be both irresponsible, wasteful, and foolish.

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Quote from: puthupanth on November 06, 2016, 02:17:03 PM

will the person holding 10 ICN'S be getting same percentage dividend as the 1 holding 100k?

of course. That's the idea of shares.
Dividends calculation will be made per 1 ICN, and then distributed accordingly

Daparski

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Quote from: MrPresident on November 06, 2016, 02:18:27 PM

Quote from: Daparski on November 06, 2016, 02:08:16 PM

Quote from: MrPresident on November 06, 2016, 01:49:44 PM

Quote from: redsn0w on November 06, 2016, 01:33:28 PM

How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.

Let's sharpen that pencil....
Logic would dictate a minimum of 1 ICN to get dividends.... think about it...
"Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token?
The only way to avoid that is a 1 token minimum. Wink

I would vote it to be 10 or more if asked.

or they can lower the TX fee to minimum for small ICN wallets

hmm, thinking on that a tad....
Can you imagine the number payout blocks required to handle this?
ICN wallets go 18 decimals? hehe
..doing the math on that... wow.

are you nuts?

paying dividends to 0.x ICN holder address??
I sure as fuck hope and wish to all of us Iconomi to get there, but for the next few years it will be totally useless to have such a dividends resolution.
I would say that each ICN address should hold minimum X times more ICNs than a single ICN dividend is worth.
Something like x10 perhaps. So if 1 ICN yields $1 worth of dividends, each ICN address should hold minimum $10 worth of ICNs

Makes sense?

MrPresident

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Think or swim.

Quote from: Daparski on November 06, 2016, 02:08:16 PM

Quote from: MrPresident on November 06, 2016, 01:49:44 PM

Quote from: redsn0w on November 06, 2016, 01:33:28 PM

How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.

Let's sharpen that pencil....
Logic would dictate a minimum of 1 ICN to get dividends.... think about it...
"Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token?
The only way to avoid that is a 1 token minimum. Wink

I would vote it to be 10 or more if asked.

or they can lower the TX fee to minimum for small ICN wallets

hmm, thinking on that a tad....
Can you imagine the number payout blocks required to handle this?
ICN wallets go 18 decimals? hehe
..doing the math on that... wow.

It already took what.... 7 blocks for 3500 accounts?
just 1 icn can be divided by 100,000,000,000,000,000
... by my calcs even allowing .1 icn would be devastating to the cost and block delivery time
allow .000000000000000001 or even .01 and the proverbial "shit will hit the fan". It would literally drain gobs of ETH every week and bog the ETH chain for days over a single decimal point.

puthupanth

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will the person holding 10 ICN'S be getting same percentage dividend as the 1 holding 100k?

Daparski

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Quote from: MrPresident on November 06, 2016, 01:49:44 PM

Quote from: redsn0w on November 06, 2016, 01:33:28 PM

How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.

Let's sharpen that pencil....
Logic would dictate a minimum of 1 ICN to get dividends.... think about it...
"Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token?
The only way to avoid that is a 1 token minimum. Wink

I would vote it to be 10 or more if asked.

or they can lower the TX fee to minimum for small ICN wallets

MrPresident

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Think or swim.

Quote from: martinholly167 on November 06, 2016, 02:03:15 PM

hehe you keep trying to post that without using the preview tab silly!

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