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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 125. (Read 583532 times)

sr. member
Activity: 630
Merit: 252
Masternodecoin Team

So when Platform of Iconomi will become online?
Until further notice 1st of august
Roll Eyes sure
What platform do you mean? Android or PC?
Can you guys tell me about that information?
thank you

same question , if any information ,tell us please.
full member
Activity: 434
Merit: 102

So when Platform of Iconomi will become online?
Until further notice 1st of august
Roll Eyes sure
What platform do you mean? Android or PC?
Can you guys tell me about that information?
thank you
legendary
Activity: 1245
Merit: 1027
So is ICN a utility token or a security?

Lol seek and find it !!!#!
sr. member
Activity: 381
Merit: 250
So is ICN a utility token or a security?
hero member
Activity: 671
Merit: 505

So when Platform of Iconomi will become online?
Until further notice 1st of august
Roll Eyes sure
Well, we´re going to find out really soon, no ?

Not really. The team has found a truck full of vodka near the office and is currently working on it. This is called context switch.
member
Activity: 100
Merit: 10

So when Platform of Iconomi will become online?
Until further notice 1st of august
Roll Eyes sure
Well, we´re going to find out really soon, no ?
hero member
Activity: 784
Merit: 500

So when Platform of Iconomi will become online?
Until further notice 1st of august
Roll Eyes sure
sr. member
Activity: 359
Merit: 252

So when Platform of Iconomi will become online?
Until further notice 1st of august

Yep, and ICONOMI are yet to miss on a deadline in the last few months, so not much to worry about.
member
Activity: 100
Merit: 10

So when Platform of Iconomi will become online?
Until further notice 1st of august
full member
Activity: 420
Merit: 100

So when Platform of Iconomi will become online?
sr. member
Activity: 504
Merit: 250
So how do they calculate ICNP profit?

Acc. to report Q1 value of ICNP = 9.9 Mil USD
Q2 value = 44.6 Mil USD

So the profit for Q3 ICNP is 44.6-9.9 = 34.7 Mil USD??

and eventually 20% of 34.7 Mil = 6.9 Mil USD will be burnt?  Grin

No, ICNP has a 20% performance fees from realized profits. It means they first need to partially or completely close a position.
Most of the gains are fro the price appreciation of ICNP assets - btc, ether, and lisk.
A big chunk is the free byteballs as well.
hero member
Activity: 933
Merit: 500
I don't know how much they invested as that amount will be deducted from the value, but I think that you are close with your number. But you have to understand that they have to actually sell their assets to realize profite before anything will get burned.

So how do they calculate ICNP profit?

Acc. to report Q1 value of ICNP = 9.9 Mil USD
Q2 value = 44.6 Mil USD

So the profit for Q3 ICNP is 44.6-9.9 = 34.7 Mil USD??

and eventually 20% of 34.7 Mil = 6.9 Mil USD will be burnt?  Grin
full member
Activity: 346
Merit: 100

https://etherscan.io/token/ICONOMI

TokenTracker Summary
Total Supply:   100,000,000 ICONOMI ($300,976,000.00)

Iconomi team said, '99,305 ICN tokens burned'. it means total supply is: 99,900,695 ICN

When will team edit etherscan.io infos?
This coin has been running for 6 months, should be surah change the data, I think
hero member
Activity: 671
Merit: 505
Wasn't it scheduled to go public around August 1st ? Anxious to see how they publicize the launch. Haven't seen too much yet...

Most of the teams in the crypto land are extremely incompetent or lazy (or both). Hopefully this team takes the project seriously.
legendary
Activity: 1260
Merit: 1001
Iconomi is very solid project still potential to make profit I believe by end of current price will move to new ATH. I'm long term investor of this project so that I think HODL and win the race in long term this is good strategy for this project.
sr. member
Activity: 322
Merit: 250
So Iconomi have more than 3k ETH to burn till next quarter. That is 3 times the previous quarter.

Can we expect 300k ICN be burned Cheesy and a total of 600-800k till end of year
That would be huge amount to burn.I am wondering where would the price of icn be when that happens?
Not all 3000 ether are allocated to buy back and burn, 20% only. I quoted this from their report:
In Q3 we are continuing with our repayment programme using revenues generated in Q2 which amounted to $196,996 or 668 ETH. This amount equals 20% of realised profit made by ICNP in Q2 and fees generated by the platform.
But as their platform is only coming online in August, we can expect much bigger buybacks in the future?

Wasn't it scheduled to go public around August 1st ? Anxious to see how they publicize the launch. Haven't seen too much yet...
legendary
Activity: 1218
Merit: 1001
So Iconomi have more than 3k ETH to burn till next quarter. That is 3 times the previous quarter.

Can we expect 300k ICN be burned Cheesy and a total of 600-800k till end of year

thats really huge amount gets burned. what is current circulating supply?
sud
sr. member
Activity: 826
Merit: 301
Exactly! When ICNX is a few months in and collects $50M - $100M those fees will be huge and that will mean that the buybacks will be huge! 2018 will see a few millions in buybacks in my opinion.

ICNX, while still being in beta in Q2, collected $13,373 in fees   Shocked

Yeah, this is still very early days. Looking forward to the buyback potential in the years to come!

Agree, the buybacks should raise along with the ICNX grow.
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
Exactly! When ICNX is a few months in and collects $50M - $100M those fees will be huge and that will mean that the buybacks will be huge! 2018 will see a few millions in buybacks in my opinion.

ICNX, while still being in beta in Q2, collected $13,373 in fees   Shocked

Yeah, this is still very early days. Looking forward to the buyback potential in the years to come!
hero member
Activity: 933
Merit: 500
Exactly! When ICNX is a few months in and collects $50M - $100M those fees will be huge and that will mean that the buybacks will be huge! 2018 will see a few millions in buybacks in my opinion.

ICNX, while still being in beta in Q2, collected $13,373 in fees   Shocked
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