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Topic: [ANN] ICONOMI - Fund Management Platform - page 828. (Read 1253953 times)

sr. member
Activity: 560
Merit: 250
October 11, 2016, 08:35:28 AM
One question - will exchanges be eligible for dividends or will only the ones who hold them of exchanges or on ICONOMI website be eligible?

Firstly, you cannot use exchanges to receive icns.
If you use some wallet such as myetherwallet. You can receive dividends in that Wallet in ETHs. Also if you decide to keep them in iconomi itself, you'll still receive dividends. Most probably, you would get dividends  in a eth online Wallet by iconomi.

Thanks I know all of that, maybe my question wasn't phrased right. Will exchanges themselves (eg. Polo, Bittrex, ...) get dividends from ICN tokens they hold from investors?

I'm sorry.

That's a nice question. I would request devs to throw light on this.

However, we would be receiving weekly dividends.
Suppose we would receive dividends on Sunday at some particular time. Exchanges hold the currencies generally for short period  time. So think about that the given icns receive dividends at that moment when they are on exchange.

Anyhow, this could happen,. And if trade volumes are high there are chances that exchanges receive the dividends.

In my opinion, exchanges can receive dividends. As it would be very difficult for Iconomi to check whether the icns are with a person or exchange.
legendary
Activity: 854
Merit: 1000
October 11, 2016, 08:34:14 AM
Let me get this straight.. Iconomi will both manage the fund, and allow users to be a fund manager for their own funds too?
legendary
Activity: 2492
Merit: 1018
October 11, 2016, 08:31:37 AM
The team suggested to keep our ICN to our ICO account and probably the rest of us may keep thier ICONOMI there. is there advantages to keeping their ICN in their dashboard than sending it to an ETH wallet? just curious to know.

Can we also send our ICN back to our ICO account?
legendary
Activity: 1302
Merit: 1002
October 11, 2016, 08:30:28 AM
...

You create a walletadress on the exchange ICN will be listed at and put it up as the adress to receive your ICN. Dont really understand what you mean with proof?

Once my coins were not registered in my acc and i needed to send mall amount of coin to exchange to proof that was mine account which should receive coin.
full member
Activity: 217
Merit: 100
October 11, 2016, 08:18:53 AM
I think it would be better to invest soe money in Gulden
NLG.

https://coinmarketcap.com/currencies/gulden/

I think this coin can be the next BTC but only better.
You can pay all your Bills with Gulden who accepted Bank Transfer.

Just look and try. I think in the next week we see Prices upper 0.001.



Go talk this rubbish Gulden and let us alone here, you are square head that knows no ethics! You are published in all cryptocurrecy looking desperate investors do I buy many coins Gulden and want to do business spamming the forums? OUT OF HERE...

I think it would be better to invest money in soe Gulden
NLG.

https://coinmarketcap.com/currencies/gulden/

I think esta coin can be the next BTC but only better.



This is what you are posting in the forum of the waves.

You can pay all your Bills With WHO Gulden Bank Transfer accepted.

Just look and try. I think in the next week we see Prices upper 0.001.

I'm just trying to Understand what it is you think esta That Makes coin can be the next BTC only better? It looks like a pretty standard coin to me ... Yes, the price is on the rise but is not uncommon to spike in the crypto space.

Here in Netherlands a lot of people use the app for shopping.

The new think is, That You dont need to buy BTC esta coin, you can buy your FIAT With Money, the app easy as Such That every Grandma can handle it.
Also you can pay ALL your Payments Which accept Banktransfer via Gulden.

And the smart part is, you participated in growing.

The Spike of last week is, Because the coin was on the Netherlandas TV. A lot non Crypto Fiat money comes after the TV Show, and That is the Spike.


This is what you are posting in the forum of the waves.
sr. member
Activity: 248
Merit: 250
October 11, 2016, 08:15:26 AM


Thanks I know all of that, maybe my question wasn't phrased right. Will exchanges themselves (eg. Polo, Bittrex, ...) get dividends from ICN tokens they hold from investors?

divs will no doubt go to the address holding the icn, or who would by them?
i doubt an exchange would pass them to the holder of icn, and would just treat divs as free money
hero member
Activity: 616
Merit: 500
October 11, 2016, 08:12:58 AM
...

Why wouldn't you be able to use exchanges to receive ICN if it is listed there?

In case of problems how you show proof that you have sent ICN tokens ?

You create a walletadress on the exchange ICN will be listed at and put it up as the adress to receive your ICN. Dont really understand what you mean with proof?
sr. member
Activity: 318
Merit: 250
October 11, 2016, 08:12:05 AM
Here's a thought:

Okay, assuming some catastrophic economic meltdown happens with the debt-based Fiats, we all know that crypto's will be a huge thing. About the time fiats go sliding down fast, the value of crypto's begin to skyrocket against USD, EUR, and even CNY. There are many reasons why even gold backed fiat including BRICS nations will slide against cryptos at one time... Given that, The world will take a serious look at public blockchain wealth distribution, and start fueling the REAL frenzy; phase 2, global adoption. Corporation and banking blockchain alliances have already formed. They know they are in trouble, and in a rush to even understand and implement the technology, forming private chains. They don't want open public ledger because they can't create $ from thin air! (like they do when giving home loans in usa)
PoW, PoS... the main part being "Proof of", which in their books is a loan you owe them back with interest when they never had the $ in the first place. They can't milk you for tx fees, overdrafts, or deny you funds, or delay transfers for days letting clearing houses get a cut. They lose control, period. It scares the piss out of them, which is why alliances have formed to use the tech to at least lower costs internally between banks, again middleman screwed. Even the major clearing house itself (CHIPS) is looking at the possibility of harnessing btc to speed up legacy systems. None of this is going to save then when the value of the fiat they create is worthless. WallStreet will be scrambling for shelter... Gold sure, but being that blockchain is just ramping up, we stand a very good chance of a HUGE influx of money whenever global fiat economies begin to crumble. Then crypto-investing will become a popular thing. It's still new. Were not even at 1% global usage yet. Big things are coming. There are endless blockchain apps to develop. This is the first day of the rest of your life... The good part. You are about to make a shitload of money. All you have to do is hold on, it will be a bumpy, wild ride. Personal advice: Never convert 100% to fiat, it may bite you in the ass.
Good luck all!

THIS IS THE BEST STATEMENT EVER MADE IN ALL OF CRYPTO!!!!
legendary
Activity: 1302
Merit: 1002
October 11, 2016, 08:09:32 AM
...

Why wouldn't you be able to use exchanges to receive ICN if it is listed there?

In case of problems how you show proof that you have sent ICN tokens ?
hero member
Activity: 616
Merit: 500
October 11, 2016, 07:56:59 AM
One question - will exchanges be eligible for dividends or will only the ones who hold them of exchanges or on ICONOMI website be eligible?

Firstly, you cannot use exchanges to receive icns.
If you use some wallet such as myetherwallet. You can receive dividends in that Wallet in ETHs. Also if you decide to keep them in iconomi itself, you'll still receive dividends. Most probably, you would get dividends  in a eth online Wallet by iconomi.

Why wouldn't you be able to use exchanges to receive ICN if it is listed there?
legendary
Activity: 1302
Merit: 1002
October 11, 2016, 07:55:01 AM
...
Lisk used the same ICO model and we didn't see such an impact on the price. Why would it be different this time?

Lisk was build on ehterum hype and FOMO,
ICONOMI is build as company tha will pay dividends and dividends are buyer factor to invest,
ICN won’t be another altcoin with mass adoptation like Lisk suppose to be.
ICONOMI price will be linked to profits that company can provide – IMO all crypto should be like that !
ICONOMI price will be related to clients they get on board and stuff like that.
In long run 15%-50% premine doesn't matter - profits with dividends will speak for ICONOMI.
hero member
Activity: 1806
Merit: 515
October 11, 2016, 07:53:23 AM
One question - will exchanges be eligible for dividends or will only the ones who hold them of exchanges or on ICONOMI website be eligible?

Firstly, you cannot use exchanges to receive icns.
If you use some wallet such as myetherwallet. You can receive dividends in that Wallet in ETHs. Also if you decide to keep them in iconomi itself, you'll still receive dividends. Most probably, you would get dividends  in a eth online Wallet by iconomi.

Thanks I know all of that, maybe my question wasn't phrased right. Will exchanges themselves (eg. Polo, Bittrex, ...) get dividends from ICN tokens they hold from investors?
sr. member
Activity: 504
Merit: 250
October 11, 2016, 07:51:43 AM
*** strong team that understand the market.***
***and not another pump'n dump project***
***

I want to be live you but man this is crypto ^^

well, ~ 1/3 of ICO money came from fiat - non crypto. And wait for the big fiat-based funds money to flow in
Not the typical crypto-niche product/feature project, but a platform that is addressing REAL world money and assets

You are more than welcome to dump your shares
Smiley
sr. member
Activity: 248
Merit: 250
sr. member
Activity: 504
Merit: 250
October 11, 2016, 07:47:00 AM
...

Call it how you want penalty,bonus it doesn't matter 15m of ICN are for free it costed 0$ in real cash.
Someone can dump them for 10% of ICO value and he is still with profit from that.
While $ investor selling below 22000 sat will take loss.
We will see when trading will start how it will work.
it doesn't really matter if you are mid or long on Iconomi
legendary
Activity: 1302
Merit: 1002
October 11, 2016, 07:45:19 AM
*** strong team that understand the market.***
***and not another pump'n dump project***
***

I want to be live you but man this is crypto ^^
sr. member
Activity: 504
Merit: 250
October 11, 2016, 07:44:38 AM
@Jani, and the rest of the ICONOMI team:

Congratulations on a job well done getting us to the launch pad.  Now, to use a traditional astronaut phrase, "Let's light this candle!"

Hey, can you please do a Google spreadsheet showing the "genesis block" to show how much ICN went into each of the 3508 user accounts?  Distribution statistics are important to see and consider...

Thx for nice words!

Sure.
Here is genesis block spreadsheet for 85m ICN tokens.

https://docs.google.com/spreadsheets/d/1FztYXiSJy5Ps2xc2nF4D8SHmVEimeFpAzeCfXkptQ00/edit?usp=sharing

Thanks, EXTREMELY interesting data....

Out of 3508 ICO investors, 25% of all available ICN worth $3.10M total is held by 12 people
Out of 3508 ICO investors, 50% of all available ICN worth $6.20M total is held by 68 people
Out of 3508 ICO investors, 75% of all available ICN worth $9.30M total is held by 582 people

Out of 3508 ICO investors, 2926 are splitting only 10% of all available ICN worth $1.25M among themselves.


This looks to me like the majority of the ICN is being held by deep pocket people as a long term investment. 

I predict a relatively small proportion of total ICN is going to be on the exchanges.  A shortage on the exchanges should mean a higher price.

To da moon for ICN!


I still think you will have few dips - @5x, 10x for sure.
Good opportunity to scoop some more tokens
sr. member
Activity: 464
Merit: 250
October 11, 2016, 07:40:28 AM
...

Call it how you want penalty,bonus it doesn't matter 15m of ICN are for free it costed 0$ in real cash.
Someone can dump them for 10% of ICO value and he is still with profit from that.
While $ investor selling below 22000 sat will take loss.
We will see when trading will start how it will work.

Lisk used the same ICO model and we didn't see such an impact on the price. Why would it be different this time?
sr. member
Activity: 504
Merit: 250
October 11, 2016, 07:40:18 AM
What's the current ICO price for ICN in US dollars?

10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say

Your calculation is wrong.

You're supposed to divide by 85m, not 100m

you forgot that we investors were paying for that 15m free ICN so

 85m for 10.5m$ + 15m for 0$
gives you average price of 0.01$ for 1 ICN
If you can trade free ICN and payed ICN separately then you are right

15% reserved ICNs are not FREE. Look at it more like a penalty - if you entered the ICO in the first week, you paid 0% penalty. 2nd week - 5% penalty, 3th week - 10% and after that 15% penalty
The "penalty" represents a certain share of the tokens (from each investor) to be distributed as described in the ICO page - dev, legal, team and the inevitable bountyhores

This is another point of view, an interesting point of view.
let's say it sounds like : a half glass of water is not half full it'is half empty.


this is not ANOTHER point of view, but the only logical point of view. Iconomi team (basically Cashila) are solid, strong team that understand the market.
I believe that is the reason there was no "power hour" or 50% 1st day bonus kinda shit, like in other ICOs is because they really did their homework and are here to stay, and not another pump'n dump project

My g/f is already jealous of Iconomi and Jani - I keep talking about that 24/7
full member
Activity: 126
Merit: 100
-
October 11, 2016, 07:36:57 AM
Has the team considered using the counterparty (XCP) platform?
you mean instead of ethereum? I was wondering the same
Why not use OMNI?
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