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Topic: [ANN] ICONOMI - Fund Management Platform - page 976. (Read 1253965 times)

hero member
Activity: 728
Merit: 500
MenaPay - Crypto made easier than cash
September 29, 2016, 06:42:25 PM
So we can remove our signature now?    Cheesy

just wait dont take the signature  before the dev team will say anything about the signaure , otherwise you going to loose all! Wink
member
Activity: 95
Merit: 10
September 29, 2016, 06:31:03 PM
Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

My investment: 5 BTC with 15% bonus + 10 BTC with no bonus = 5BTC + 0.75BTC (bonus) + 10 BTC = 15.75BTC = ~9,090.02 USD

In the estimated tokens to receive I have: 74,471.09 ICN so my final price per ICN will be 9,090.02 USD / 74,471.09 ICN = 0.1221$

I can't get how my price per ICN is bigger than the ICO price more so when part of the money was sent in a bonus period  Huh

Are your numbers adding up guys?

Best,

The bulk of your investment was made with no bonus, so this pushes the average price you paid higher than the $0.1206 ico price

On the contrary, someone who made the bulk of their investment during the 15% bonus period should have an average price paid lower than $0.1206

This actually makes sense, thanks a lot buddy, sad to be paying a bit extra for each ICN, won't worry when it trades at 10x  Grin
sr. member
Activity: 364
Merit: 250
move that crypto
September 29, 2016, 06:28:55 PM
Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

My investment: 5 BTC with 15% bonus + 10 BTC with no bonus = 5BTC + 0.75BTC (bonus) + 10 BTC = 15.75BTC = ~9,090.02 USD

In the estimated tokens to receive I have: 74,471.09 ICN so my final price per ICN will be 9,090.02 USD / 74,471.09 ICN = 0.1221$

I can't get how my price per ICN is bigger than the ICO price more so when part of the money was sent in a bonus period  Huh

Are your numbers adding up guys?

Best,

The bulk of your investment was made with no bonus, so this pushes the average price you paid higher than the $0.1206 ico price

On the contrary, someone who made the bulk of their investment during the 15% bonus period should have an average price paid lower than $0.1206

Why are you dividing the total sum raised by 85,000,000? the 15% of ownership that will be retained by the core dev team will come out of the total sum raised as well. So...divide the 10.25 mio by the total shares that will issued, 100 mio, and just remember 15% of those shares will stay with the dev team to compensate them for their work.

When investors are calculating ico price, they are looking at the average price per coin paid by the investor

Everyone's personal ico price will be slightly different, depending on which bonus period they invested in, but I would still consider the "official" ico price to be: (total funds invested by investors) ÷ (total coins issued to investors)

If you're looking at what the "official" starting market cap is, then it would be: [(total funds invested by investors) ÷ (total coins issued to investors)] × (total supply of coins)
full member
Activity: 155
Merit: 100
September 29, 2016, 06:26:34 PM
Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

My investment: 5 BTC with 15% bonus + 10 BTC with no bonus = 5BTC + 0.75BTC (bonus) + 10 BTC = 15.75BTC = ~9,090.02 USD

In the estimated tokens to receive I have: 74,471.09 ICN so my final price per ICN will be 9,090.02 USD / 74,471.09 ICN = 0.1221$

I can't get how my price per ICN is bigger than the ICO price more so when part of the money was sent in a bonus period  Huh

Are your numbers adding up guys?

Best,

Why are you dividing the total sum raised by 85,000,000? the 15% of ownership that will be retained by the core dev team will come out of the total sum raised as well. So...divide the 10.25 mio by the total shares that will issued, 100 mio, and just remember 15% of those shares will stay with the dev team to compensate them for their work.
member
Activity: 99
Merit: 10
September 29, 2016, 06:26:01 PM
Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

My investment: 5 BTC with 15% bonus + 10 BTC with no bonus = 5BTC + 0.75BTC (bonus) + 10 BTC = 15.75BTC = ~9,090.02 USD

In the estimated tokens to receive I have: 74,471.09 ICN so my final price per ICN will be 9,090.02 USD / 74,471.09 ICN = 0.1221$

I can't get how my price per ICN is bigger than the ICO price more so when part of the money was sent in a bonus period  Huh

Are your numbers adding up guys?

Best,

Cuz other coin invested with different price? I ain't sure.
legendary
Activity: 2226
Merit: 1014
September 29, 2016, 06:22:57 PM
it is not easy to sent ICNT when still not release!
member
Activity: 95
Merit: 10
September 29, 2016, 06:21:26 PM
Ok, time for some maths:

Total invested (so far after closed ICO): 10,254,276.64$ /85,000,000 ICN = 0.1206$

My investment: 5 BTC with 15% bonus + 10 BTC with no bonus = 5BTC + 0.75BTC (bonus) + 10 BTC = 15.75BTC = ~9,528.75 USD

In the estimated tokens to receive I have: 74,471.09 ICN so my final price per ICN will be 9,528.75 USD / 74,471.09 ICN = 0.128$

I can't get how my price per ICN is bigger than the ICO price more so when part of the money was sent in a bonus period  Huh

Are your numbers adding up guys?

Best,
hero member
Activity: 588
Merit: 503
Free Julian Assange
September 29, 2016, 06:14:58 PM
I made the first ICONOMI coin asset on NXT exchange. My asset is exchangeable and refundable in part. (10% until Ardor relase then more.)

I will sell very high because this project has possibility of much higher gain. "You buy 10x now but you can sell 50x tomorrow."

Late in the ICO? seee my sell thread here:

https://bitcointalksearch.org/topic/m.16405951

i accept only NXT.

Long life to ICONOMI!
member
Activity: 99
Merit: 10
September 29, 2016, 06:14:35 PM
Successful ico, let us ride with a pump.  Grin
sr. member
Activity: 364
Merit: 250
move that crypto
September 29, 2016, 06:10:00 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
If you want to hold your own ICN then you need a Ethereum wallet and add the ICN contract.
Might be corrected but I think that how it works.

Is there a tutorial how to add a contract? And what wallet should i use?

Good summary of the different ethereum wallet options here:

http://ethereum.stackexchange.com/questions/1239/what-is-the-recommended-way-to-safely-store-ether

Also some links in the sidebar there which lead to related topics
hero member
Activity: 658
Merit: 503
September 29, 2016, 06:09:32 PM
how you can trade ICN if tokens dont be distribuited yet?
You can't.

There's however, exchanges that invested in the ICO, that  offer ''fake''  ICN before the launch, which they paid for and will get, and so when released they will be able to send  real ICN to the buyers of the ''fake''  (I don't want to use the word fake, but I can't think of a better one, like a swap token I guess)

But the problem here is, that if something goes wrong, you do not have ICN, all you have are these tokens, that will probably become real ICN if everything goes well, but in the end, they're not real ICN yet. Also, on exchanges like this, the amount bought isn't that much, and the price is easily pumped, creating an unrealistic price, which actually might increase publicity, but some people will buy at a far too high price on fomo and will be duped, which is sad.

Anyway, you can't trade real ICN yet.
sr. member
Activity: 305
Merit: 250
September 29, 2016, 06:08:55 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
If you want to hold your own ICN then you need a Ethereum wallet and add the ICN contract.
Might be corrected but I think that how it works.

Is there a tutorial how to add a contract? And what wallet should i use?

I have the latest mist wallet and will be adding the contract when someone posts the info.

newbie
Activity: 31
Merit: 0
September 29, 2016, 06:06:06 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
If you want to hold your own ICN then you need a Ethereum wallet and add the ICN contract.
Might be corrected but I think that how it works.

Is there a tutorial how to add a contract? And what wallet should i use?
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
September 29, 2016, 06:03:45 PM
how you can trade ICN if tokens dont be distribuited yet?
hero member
Activity: 616
Merit: 500
September 29, 2016, 06:01:02 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
Final price will determine after all deposits are confirmed.AFIK there is still some pending fiat deposits which needed to be confirmed first to calculate the final ICN price.ICN is not open for trade,it'll soon after coins distribution.
sr. member
Activity: 305
Merit: 250
September 29, 2016, 06:00:31 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
If you want to hold your own ICN then you need a Ethereum wallet and add the ICN contract.
Might be corrected but I think that how it works.

hero member
Activity: 616
Merit: 500
September 29, 2016, 05:58:28 PM
When does ICn start trading and on what exchange(s)?

ICN [iou] start trading already. https://liqui.io/


Trading volume looks very good for IOU tokens.Its LIQUIs day today..i hope they will get a healthy trading fees during the IOU trading.
It seems that bounty for signature campaign was already calculated.Fast move from campaign manager.I'll hold my signature if needed.
Thank you
newbie
Activity: 31
Merit: 0
September 29, 2016, 05:57:01 PM
Sorry two questions:

- When we get our ICN what do i need to send it to a exchanger? Somebody says i need a wallet of Ethereum. Thanks for help!
- What is the final ICO price for 1 ICN?
member
Activity: 80
Merit: 10
September 29, 2016, 05:52:15 PM
So we can remove our signature now?    Cheesy
legendary
Activity: 854
Merit: 1000
September 29, 2016, 05:50:20 PM
A lot of investment in last 2 days well decreased my expected ICN shares by 30% in a matter of hours. But I hope this means more value for ICN.
Just 30%? I lost almost 50% ICN in last 10 days.I had 2000 ICN and now they reduced to 1000.Only if I knew,I would have invested much more
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