Topic: ICONOMI - Live for today. Invest for tomorrow. - page 30. (Read 583522 times)

Thanks for the link. It does seem like the original Whitepaper. I remember reading it before the ICO, but never saved a copy. Good to have a local copy just in case.

For reference on how much the team has gone back on their original promises, here's a quote. Note that dividends vs. buybacks is the least of people's concerns:




I don't see the above being true one bit.

The biggest problem is, all these 'changes' were done AFTER the team raised millions of dollars from the ICO participants. This is material misrepresentation to investors.

With respect to the actual product being developed, I am quite happy with that to be honest, and you're right that they seem better than most ICOs that never deliver anything. With that being said, all the value is going to the team instead of the ICN holders as they promised during the ICO. This is a problem. It is as if they took the money from one group, and built something to benefit another group, violating all the promises made to the first group during the process of raising money. That's what is concerning - not the product itself, but the use of the funds to benefit the investors who put the money to build the product in the first place. That's why everyone is so keen on the ICN utility, so that the ICO investors can see some of the benefits from the platform as well.

The dividends aspect is just one of dozens of issues.

@muleroaa @ruletheworld

I wasn't in crypto in 2016 yet and didn't invest in Iconomi ICO, but when I first bought ICN tokens the dividends was still on the roadmap (early 2017). I've found this pdf dated July 2016, so I guess it is the original one made for crowdsale. They even ditched the token holders voting promise...

https://coss.io/documents/white-papers/iconomi.pdf


On the positive side, the team delivered working product - fund management platform, and they are developing it pretty well. Not many blockchain projects did that.

100 % of the ICONOMI tokens represent 100 % ownership of the ICONOMI platform, comprising of all assets and liabilities, as well as each and every right and obligation, including but not limited to intellectual property rights, branding and trademarks.

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

ICN ownership entitles its possessor to participate in ICONOMI platform related voting. One of the most important voting issues will be the selection of service operators. ICN holders are free to vote on a service operator at any time after the ICONOMI platform has been launched, but not before a 24-month moratorium has passed.

ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues.

Still nothing on the ICN utility Seems the team has given up on the people who funded them in the first place.

Does anyone have a copy of the original ICONOMI whitepaper that they used to raise money from investors? (Post here or PM me please)

Still nothing on the ICN utility Seems the team has given up on the people who funded them in the first place.

Does anyone have a copy of the original ICONOMI whitepaper that they used to raise money from investors? (Post here or PM me please)

An insightful interview MatejTomazin gave for TriStone: https://bit.ly/2qz8u5b

And Weekly Update  13 Apr - https://medium.com/iconominet/iconomi-weekly-update-d290aa65be14

Yes, if Nina gets tokenized like BLX did, and it will perform well, I would like to buy some to diversify my portfolio. Do you still fill your bags with ICN? I cannot convince myself to get more, although still belive some day this token will shine.

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

Get some what? You mean invest into Nina? No idea, I know that I only buy ICN and not the DAAs so for me it doesn't matter if it gets listed either way as long there will be fees flowing from it for buybacks

@someonesomeone @Gutenhans

So do we have any conclusion about Nina being present on ICONOMI and available to buy for registered users? Would really like to know should I collect some funds to get some or just forget about it. Maybe next AMA we get straigth answer.

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.

an interesting project rather for retail investors could be:

https://bitcointalksearch.org/topic/no-ico-first-token-minting-event-on-the-melon-protocol-3270527

Iconomi said the whole time they are a investing platform for everybody, professional investors included.
At the moment actually they focus only on professional investors regarding marketing (see meet the managers events). Can't see a reason why some professional investor would say pass at iconomi platform.
Actually i can find a few reasons someone that wants to invest in crypto BIG time can make himself a private/public DAA with the platform being super easy to use.
They have top security. They are insured and use cold storage. This is what professional investors are searching for.
Big four audit it's also in the roadmap and goal is to gain trust from big money.
Fiat gateway it's also a tool for big players. And at first will be open only for big deposits.
Almost everything they develop it's meant to bring big investors.

got some questions

why would you think professional investors would avoid Iconomi platform? what would they have as a alternative with decent fees and fort Knox security?
why should columbus pay fees to iconomi if they don't host the funds?
DAA's produce fees to iconomi when you let your money on the iconomi platform (managing fees) and when you sell from a daa fund from the platform (exit fees).
they don't perceive fees from financial operations outside the platform and i did not hear any rumor about they planing to do so. Do you have info otherwise?

i don't use rocketchat if what info you have is from there please share.