Topic: ICONOMI - Live for today. Invest for tomorrow. - page 35. (Read 583522 times)

I know that the big news is the first real utilities for ICN, but in my opinion this is also big news:

https://medium.com/@columbuscapital/columbus-financial-advisory-gains-regulatory-approval-407ab4772d9

I don't know for sure but I think this finally means that they can list their first fund on an actual stock exchange. And when this happens this will mean big monthly fees for buybacks.

I do however think that Columbus should be doing a better job with managing Pinta investments. From looking at the DAA section of Pinta it is visible that no investments have been made since September which is absolutely not acceptable...

Was looking at DAA.. and a bit confused which one to invest
any recommendation from here

Adjusted buyback system will take effect on July 1. Can someone elaborate more on that for me? Im not on slack or rocket chat.

Not yet. ICN has too little liquidity compared to the DAAs so it would move the market big time trying to get in and out of ICN, thus the use of BTC and ETH that have a higher monetary base.

Is it possible to use the Iconomi coins to invest in DAA rather than ethereum or bitcoins

Iconomi is a digital assets management platform that aims to simplify investing in cryptocurrencies, ICOs etc. The platform will connect Digital Assets Array (DAA) managers with investors.

I do believe this is a good step in the right direction. It's a start anyway. I'm sure the fees by DAA usage will start to grow to a lot bigger amounts over the coming year(s). It's a shame it will still take a few months before the new system is fully in place, but hopefully some more utilities will have been announced by this time too. One can hope!

Announcing another 2018 #ICONOMI roadmap milestone: fees payable in #ICN. Read the full details in our blog post:
https://medium.com/iconominet/introducing-fees-payable-in-icn-4c466e17a6cb

Announcing another 2018 #ICONOMI roadmap milestone: fees payable in #ICN. Read the full details in our blog post:
https://medium.com/iconominet/introducing-fees-payable-in-icn-4c466e17a6cb

Well, it's a good start for creating some usability for ICN. Like @Gutenhans said, I don't think we ever hear that ICN means owning Iconomi again, because of all the regulations and SEC annoucements. Either we accept it or dump our bags and move to other project. I've invested in Nexo for dividends lately, since they call their cryptocurrency "the world’s first US SEC-compliant dividend-paying asset-backed security token".

hello MrHans, everyday twitter becomes a more scaring institution.
last week binance was hacked and its chief used twitter as a mean of disseminating his reaction.
to my stupefaction his twitter account has been controlled by other malevolent people for some hours,then he regained control.
he concluded something as "dont' trust anything important on twitter"
how to gain confidence there?

hello MrHans, i accept your reasoning, we can wait again a little more time...

but I can tell you that from the ICO time, they look attracted by "finance" world, albeit choosing to play in "crypto" sector...but looking to join in every occasion...

these people exist because ico subscribers gave them the monies to exist.

Good luck devs!

Yes they do that sometimes. They went on a ban frenzy on reddit some time ago. Community was also trowing shit at them or saying stupid things but banning it's not the way to go if you ask me.
Not that your concern is stupid or anything. I'm personally not interested in twitter and how many followers they have. If we would measure succes in twitter visibility we would have Katty Perry on first and Justin Beaber on second place because of how many followers they have. (it's real you can look it up like i did)

But... i too hope they will make themselves more visible at least in the right places. Right now they have these "Meet the managers Event" in London and Amsterdam if i'm not mistaking.

The news hit the spot and they saying that "Further ICN usages will be announced in the future." hits the spot again.

Me like many people here we're searching for a sane investment for the future that does not depend on a specific token but on a trend (crypto). This news does not have a huge effect at the moment but as more people get into crypto will have a snowball effect.

Q1 2017 Report total fees for burning ICN 50,936$
Q4 2017 Report total fees for burning ICN 1,015,999$ (some 850k tokens at current price)

That's 20 times more and the rate will be even quicker now in 2018 with more ICN fees. I can see the burn rate going x4 and making 1 mil in fees a month in the near future. Considering the road map i would say 20x increase in fees used for burning in year 2018 it's not even optimistic. They will get most of the services going this year: Fiat ramp up, debit card, more DAA's and even smaller DAA's.

Many people buy it and hope for 10x over night. Because most projects who are as promising as ICN are doing a lot better even if at the moment they are just that. Promises! When they see it's not doing 10x and actually losing value in front of BTC/ETH they sell it and that's why there's a lot of ICN to buy and few people interested in it.
This is not gonna last forever because getting in will get tighter and tighter.

I'm happy we got official utility. I'l hold their word on that "Further ICN usages will be announced in the future." and soon will be starting asking questions again )

@estenity I feel them a little scared because of regulations and some heads will fall when new crypto laws will come. I guess they don't wanna be caught on the bad foot saying something, then they can't hold their word up because new regulations says otherwise. And now they got lawsuits coming from people with broken promises and anything they said will be held against them.
This scenario is a little pessimistic and suggests that some promise they made in the past will come in conflict with the upcoming regulation laws.
"ICN holder is entitled to a share in platform and all assets" unfortunately is EXACTLY the thing that you don't wanna say when laws are not clear and you don't know what's comming.
I think they play it smart and safe at the moment.
Even if it's not official they never denied that first statement, even though it's not written on iconomi.net anywhere.

Again glad to have some utility and a sincere thank you for the team there. I will get the Tim and Jani pictures down from my dart plate )

@iconominet banned me twitter, because of the question:
"50 active people on Twitter, is not good, where RP?"
investors blacklisted, it's just mega cool!!!
iconomi does not hold criticism

these new uses are only "to play with the direction, and inside management of DAAs"

so nothing in relation with the fact that ICN holders would be supposed as the real owners of the "company"

a big blow of sword in the water...

Interesting article it seems soon this token will get nice track towards the moon. It will be worth for it to support this now dev is coming with more interesting plan which will boost the growth of this project.

Lovely. Hope that non believers are satisfied with the utilities. On top of this further utilities will be announced in the future.

Great job