I have a drastic suggestion for the Iconomi Investment Team (I believe it's headed by Daniel Zakrisson).It is my understanding that Iconomi.Performance Fund (or ICNP for short) typically only invests in Crypto startup with potentials.
However, as ICN's marketcap falls below its fair valuation, I'd highly advise the Investment Team (and Daniel) to consider initiate a "
BuyBack Program." This will have 3 major advantages:
1.
By reducing the payout to 3rd-party investors, Iconomi platform will drastically increase its profit margin.2.
By holding ICN in ICNP fund, the dividend will provide a steady stream of guaranteed income that cannot be found in other Crypto financial products today.3.
If you play it right, the move will drastically reduce any group or individual's ability to manipulate the market. I do not wish to elaborate here, but a smart guy like Daniel would surely know what I'm getting at.
All major corporations has "stock buyback" program at one point, so why can't Iconomi have one too when the market cap has fallen below its fair valuation?
Please think about it if you haven't already.