Topic: ICONOMI - Live for today. Invest for tomorrow. - page 33. (Read 583522 times)

This is a good list, but lacks a few basic elements. The first thing I would need is to give returns not just in USD but in terms of ETH and BTC as well. That way, I can really see the under/over performance independent of the market conditions or my preferred base crypto (BTC or ETH).

Newest update of the ICN website:

https://www.iconomi.net/daa-list

They could make it so that you could click the desired column and sort the DAAs by best to worst or something like that...

Yep, just make sure to follow all the best practices like keeping the backup phrases safe, secure, and secret.

Hardware wallet is good choice to keep safe our private keys I also would like to recommend MEW + Trezor which is more secure option to get access to our token and keep them in most secure environment. Hackers are on the fire now a days so many people already lost their due to some phishing sites.

Secure your account with MEW + ledger/trezor, I feel this is the best way to save your money and to be free from getting phished.Recently received a fake Binance email to import your private keys...watch out!!!

I'm more worried nowadays about MEW than Iconomi site itself . the chance of losing the private key is higher with MEW now.

Check out Iconomi chart at BitScreener
https://bitscreener.com/coins/iconomi

I'm aware of Myetherwallet and as for the site, I wouldn't suggest it as you have no control over your private keys. If the site gets hacked, funds will get lost.

This is not a dead project no doubt it taking too long time to fulfill their promises. The team is still active and working hard have patience this will start kicking again very soon. You can read the latest update

https://medium.com/iconominet/iconomi-weekly-update-e4d7dfe52d6e

fully agreed.

If there is a bear market, the AUM gets lowered, which means lower management fees.

If there's a bear market, the returns are low to negative, which means no performance fees.

I can't believe I need to spell everything out here. The point is not to criticize the company or whatever. Investors need to know and accept facts and reality instead of living in a bubble. That's all I ask. There are many good things and many bad things done by the team. The responsibility of investors is to look at both.

ICONOMI Weekly Update (March 23th)

https://medium.com/iconominet/iconomi-weekly-update-e4d7dfe52d6e

I think that for many it will be useful, a lot of questions have disappeared after reading:

- https://medium.com/iconominet/iconomi-q-a-session-march-edition-9f92303d39c2

Thing is ICO's still appear even in bear market and DAA's will still be created even in the bear market and that means ICN fees. People will be buying and selling even with a bear market that's fees again. And will continue to do even more when the security of regulations is in place. If they achieve the 1 billion AUM goal with crypto that's a lot of fees indifferent from market movement. People move or buy/sell/short/leverage it a lot more that any asset because of it's digital nature. Everytime when crypto will move inside the ICN platform that will generate a small fee. I hope they start advertising more in the digital media because of the nature of their product who has at it's core digitalisation and comes from this medium. Old advertising channels are also not a bad ideea. Creating the bridge between old and new.

Q4 2017 Expenses: Traveling, marketing, PR: $155,000
At this stage i would not be bother if they spend that much on marketing only in one month instead of 4 for at least a year. because i thing the costs of marketing will be more than payed off when you have already a nice service and your competitors are still steps behind. And no it's not to early... The upcoming features like Fiat ramp, Debit card and the Audit will make costumers of the platform more loyal with it because of the pleasant experience.

hey Iconomi site itself is now allowing you to store ICN and every month they are supporting more countries . i guess its better and not to mention MEW.

Sorry mate that's not how crypto works. During the boom years, the team needs to make a significantly higher amount of profit, because during the bust years, the revenue will be significantly lower. What this means is that times like Q4 2017 are the golden times in terms of revenue generation and opportunities, while times like Q1 2018 not so much. Of course, let's wait for the results this quarter, so I don't want to get ahead of myself here.

Also, you need to understand threats to the business model. For example, decentralized exchanges are much better, since there won't be issues like the parity bug or hacks that we've seen in the past with large honeypots of money. The rise of decentralized exchanges means the fall of centralized custody solutions like Iconomi. This may be a longer term trend, but everything is accelerated in crypto.

In short, the company needs to do more during the boom times, because there will invariably be bust times in crypto.

Just thought I would share this with you. If you're looking for a better UI/UX experience, I suggest checking Exodus.io as the started supporting ICONOMI. You have control over your private keys.

They sold some but still have over 16,000 left according to this report:

https://medium.com/iconominet/iconomi-financial-report-q4-2017-17da25349f3d

That is a great update from BB if it is working btw, kudos to them. It could actually bump up the price to new heights again

Perhaps you are right in the offers on a purchase occasion. I want to notice the fact that already two times threw a coin up and it is very good. I look further that the community around this project constantly grows and moves up. Now in this market it is difficult to tell a purchase point precisely, perhaps now to buy the best time of a coin.