Thanks for letting know. I still try to understand the concept. Trying to find investment opportunity.
Is here any kind of masternode?
ICN is an ETH token.
start here
https://iconomi.net/ and here
https://medium.com/iconominetSome general info:
What Is ICONOMI?ICONOMI is the missing link between the traditional and the rapidly growing blockchain economy. New and unique technical instruments allow anyone from beginners to blockchain experts to engage in the blockchain sphere
What is ICNX? (currently in beta)
Iconomi.index (ICNX) is Iconomi flagship Digital Asset Array.
ICNX makes it easy to buy into the growing blockchain industry without the hustle to pick the winners yourself or to maintain your own portfolio. You benefit from having a diverse investment and spread risk. The underlying assets currently included in the index represent 92% of the blockchain economy.
ICNX has 3% yearly fee and 0.1% entry/exit fee
What is ICNP?ICONOMI.Performance (ICNP) is an actively managed Digital Asset Array with a high performance target that invests in ICOs. It is lead by a team of experts conducting thorough research and due diligence backed by Deloitte and CoFound.it. ICNP currently has investments in Golem, ByteBall and Santiment.
20% of ICNP realized profits will be distributed in a form of buy back/burn. More details here -
https://medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458What is DAMP? (coming later this year)
ICONOMI Digital Assets Management Platform (DAMP) allows you to create and manage your own digital arrays. Try out your own management strategy and compete with other DAA managers or invest in other's. Good performance will build your reputation and attract investment from others - you will earn a share of the proceeds.
What are the 2 ICONOMI managed Digital Asset Arrays (DAA)?There are two ICONOMI managed Digital Asset Arrays™ (DAA): ICONOMI Index (ICNX) and ICONOMI Performance (ICNP). We are currently building, testing, and refining our Digital Assets Management Platform (DAMP) which will allow anyone to create and manage their own funds.
Iconomi ICO DetailsDuring an Initial Coin Offering (ICO) that started August 25, 2016 at 08.00 UTC and ended September 29, 2016 20.00 UTC, the Slovenian-based company raised $10,576,227 from nearly 3,400 investors worldwide in the 11th largest crowdsale in history for any category, and third place as the largest FinTech crowdsale behind The DAO and Ethereum. Investors received their ICN tokens on October 9, 2016.
The ICO was for 100 million ICN tokens. There is no inflation planned for these tokens. 85 million (85%) of these were distributed to the ICO participants based on their contribution, along with a bonus for early investors. The bonus structure was –
• 15% in the first week
• 10% in the second week
• 5% in the third week
There was no bonus after the end of the third week. Of the remaining 15 million, 2 million (2%) was reserved for advisers, 8 million (8%) for the team, 3 million (3%) for future team, and 2 million (2%) for bounties. Bounties consisted of Social media bounties (Newsletter, Twitter and Facebook), Bitcointalk bounties (Signature and Translation), and Marketing bounties (External blog posts).
Because the ICO raised over 10,000 BTC, the excess funds were used on behalf of the ICO participants to seed the ICONOMI.PERFORMANCE digital array. Therefore, ICNP started with an initial asset under management (AUM) of 4,517,835 USD worth, consists of the following:
• 2,987.076 BTC
• 86,220.320 ETH
• 1,729,538.793 LSK
• 53,433.21 USD
• 1,080,517.79 EUR
Today’s ICNP net worth is 11.2M usd
ICNP value is something, but the buy back wasn't even 1% of that value. I guess because of smaller percentage reserved for buyback.
