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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 374. (Read 583526 times)

newbie
Activity: 52
Merit: 0
Hoping somebody can help me out so I can have my expectations correct.  Assuming Iconomi generates $1 Mill in profits what would the payout per ICN be?

Is it 20% of $1 Mill = $200k
Then ICN shares cap is 87 mill (correct?) so..
$200k / 87 million (shares) = 0.00229

so 1 ICN = $0.00229 if Iconomi generates $1 mill in profits?

Making 10,000 ICN $22.99 in realized returns per year?  

Also, is profit actually profit.  What I mean is: Does Iconomi consider profit the amount after paying for employees, renting the office, expenses, etc.?  I asking because if Iconomi generates $1million in revenue, after expenses the true profit is much less.

Again, just hoping to make sure expectations or in the right place and seeing how much to invest.  Love the team, love the idea, hope to love the returns.

-AJ

They will use the money raised in ico to pay all expenses for first ~5 years

ICN gets these fees:

1) 20% performance fee from ICNP taken from realized profits
2) 3% management fee from ICNX taken regardless of profit/loss
3) 0.3% to 3% management fee from user-created arrays depending on if user sets the total fee at 1% to 10%
4) any fees generated by fiat gateway

The fees generated by 2), 3), and 4) are not based on performance, but rather the amount of assets deposited into the arrays and the trade volume of the fiat gateway

A conservative example:

1) ICNP generates $1 million profit in a year = $200k to ICN
2) ICNX holds on average $10 million in assets for a year = $300k to ICN
3) user-created arrays hold on average $5 million in assets for a year = $15k to $150k to ICN
4) fiat gateway does $5 million volume in a year = maybe 1% fee so $50k to ICN (maybe they will set this at 0% fee to begin with in order to build volume)

I'm not sure if the fees on user-created arrays were fully explained yet.  I assumed it's a management fee like ICNX, but maybe there is a possibility for user-created performance arrays that take a performance fee.

ICN lives on the same exchanges and in the same wallets as altcoins, most of which have 0 earnings.  ICN price will largely be based on speculation.  Dividends is just the icing on the cake.

Thanks for the input.  So using those numbers now:  $200k + $300k + $50k (conservative) + $50k = $600k. And 100mil not 87 mil.  We arrive at $0.006 per ICN.  Making a 10,000 ICN investment $60.  This would mean dividends would yield a 2% return, which is good imo compared to traditional investments.  The real money is the value of ICN it would seem.

I believe the user created arrays will take some time to generate a sizable load.  On the flip side, I can see ICNX generating >$100mill under management once it passes the tipping point.  Passive investments are where everybody seems to be putting their money. 

Will be very fun to watch Iconomi develop in the next few years. 
legendary
Activity: 1302
Merit: 1002
I'm surprise that almost all the Altcoins are pumping ICN is the only one dumping, before we use to attribute the dump to Bitcoin rally now it is Ethereum rally. I think ICN need to be independent of all these tokens

Not really look how people work some see opportunity in ETH he jump on wave there Smiley then he come back to ICN when  move up is done.
Lat time it took ICN 1h to recover from 21k to 29k.
Most ICOs are below BTC ICO price Waves -50% Lisk - 60% Chronobank -40%.
Same time Iconomi hold strong above ICO price and noone really want go under ICO becouse ICN have assets like 20 000 BTC behind and those money will be used to run company and platform.
Looks like ICN team is honest so i think we go in good direction.
I think even we go to 22k again it won't be problem new people can go in ICN at good price this is good.

Why ppl continue to dump their ICN ? Welle i like the volume i only make more icn with daily trading.. but why ?? Shocked

Because BTC is rising and they are taking profits to join altcoin party IMO to surff on waves.
Look how it is easy Cheesy buy at 22k sell at 26k since BTC bounce up and down.
legendary
Activity: 1442
Merit: 1000
Leading Crypto Sports Betting & Casino Platform
Why ppl continue to dump their ICN ? Welle i like the volume i only make more icn with daily trading.. but why ?? Shocked

The price of bitcoin go up, many of the people dump their icn
this is a effect if prices btc always increase.
full member
Activity: 123
Merit: 100
Why ppl continue to dump their ICN ? Welle i like the volume i only make more icn with daily trading.. but why ?? Shocked

Probably because of ETH !
sr. member
Activity: 770
Merit: 251
Why ppl continue to dump their ICN ? Welle i like the volume i only make more icn with daily trading.. but why ?? Shocked
hero member
Activity: 868
Merit: 500
I'm surprise that almost all the Altcoins are pumping ICN is the only one dumping, before we use to attribute the dump to Bitcoin rally now it is Ethereum rally. I think ICN need to be independent of all these tokens
legendary
Activity: 1372
Merit: 1000
Filled up my bag a little more. Thank you Smiley
full member
Activity: 159
Merit: 100
Dont have any iconomi coin but i could say this is the best coin and project! team are very professional!
Absolutely its one of the most promising start ups around. I seriously feel it is undervalued right now as the platform will be one of a kind and will be utilised by a great deal of the community. I really for the life of me can not explain the current low price. I can say with certainty that the holders of the coin now will be very happy in the future. The only risk I see is security but I think as they have had an exchange for many years now they should be well prepared. If you hold some ICN then congratulations.
hero member
Activity: 686
Merit: 500
Dont have any iconomi coin but i could say this is the best coin and project! team are very professional!
newbie
Activity: 56
Merit: 0
It's quite fascinating to see that there is almost no volume on ICN since the beginning... Why the fuck you see so much crap coins getting a trend on steroid , with a demultiplicated volume ; and not ICN
Don't tell me that it hasn't been on a polo combo yet , ' cause kraken is not exactly what we can call an amateur business in crypto...

It need at least an outrageous  3x this mars to prove something. Just imagine what happened for tiny investors who get trapped on ICN during those last beautiful 2 months. Fortunately enough i didn't put a huge % , but it hurts me.
hero member
Activity: 532
Merit: 500
I just woke up to this it is great news for most people. Hold strong and let some new blood enter ICN. Coins need this and right before the launch of ICNX it couldnt come any better.

As I see Iconomi always recover from 23 K. Good.
full member
Activity: 159
Merit: 100
I just woke up to this it is great news for most people. Hold strong and let some new blood enter ICN. Coins need this and right before the launch of ICNX it couldnt come any better.
legendary
Activity: 1302
Merit: 1002
****
PS: Cashila Team should make room for more exchanges.
Outside People could think by time, this dev team plays along this pnd gamez...
****

Hmm IMO they ge on kraken not best PnD exchange.
Best PnD exchange is Poloniex IMO just look at alts volume there,
all altcoin want go there for big pump.
Pascal coin - when was added had massive pump now what?

PnD would be when they would tak here more than actual work behind would be done so i don't see ICN as PnD.
ICN token have stable value 20 000 - 40 000 area,
ICN is not like nowadays star DASH which got 20x up in few months.
ICN have really good entry point now arround 20000-25000 before platform is online and will keep rolling.
sr. member
Activity: 695
Merit: 255
Ethereum Ethereum   $2,424,299,710   $27.02   <---- This is what waiting us for ICN in future. Wink
Mi
full member
Activity: 129
Merit: 100

Dear all in holders,
please icnore this pump and dump games  from the whales.
I think they only sell each other their icn token and hope anyone panics  Cheesy

PS: Cashila Team should make room for more exchanges.
Outside People could think by time, this dev team plays along this pnd gamez...
newbie
Activity: 19
Merit: 0
ICN falling again, guess hype for ETH and other crypto is strong right now, and people are selling ICN in exchange for hyped crypto.  Roll Eyes  maybe time to buy some cheap ICN
hero member
Activity: 868
Merit: 1000
Actually this is the composition from 21 December 2016



So BTC isn't the biggest component by much. But of course most every alt price is somewhat dependent on BTC.
Anybody know if/how it has been changed since?

They rebalanced the fund on January 31. You can check here:
https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-31-january-2017-rebalancing-cb2b63c8a197#.6m5hu6qvf

Zcash was removed and they added Synereo and Siacoin. They also changed some weights





Synereo... despite the scam and toxic development team? Good job on your homework guys. I think I'll invest my capital myself.

I don't know jack about synereo but I've never heard it was a scam, can you link me to that info?



Only 1% is synereo, easy for the team to change out for something else if something compelling is presented to them.

hero member
Activity: 868
Merit: 1000
why there is no date for final release ?

what will make icnx and icnp strong ?

No specific date for final release because they are still beta testing the platform.

ICNX and ICNP are index funds so they will be as strong as their underlying components. They will be most similar to an ETF type of index fund since they are going to be traded on exchanges.
full member
Activity: 180
Merit: 100
Actually this is the composition from 21 December 2016



So BTC isn't the biggest component by much. But of course most every alt price is somewhat dependent on BTC.
Anybody know if/how it has been changed since?

They rebalanced the fund on January 31. You can check here:
https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-31-january-2017-rebalancing-cb2b63c8a197#.6m5hu6qvf

Zcash was removed and they added Synereo and Siacoin. They also changed some weights





Synereo... despite the scam and toxic development team? Good job on your homework guys. I think I'll invest my capital myself.
member
Activity: 103
Merit: 10
why there is no date for final release ?

what will make icnx and icnp strong ?
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