ICONOMI tokens will be issued on the Ethereum platform as a smart contract. Initial distribution will be assigned to accounts participating in the ICO. After that, token will be easily transmittable to whichever private key you want or simply kept safely on ICONOMI platform. Token supply will not be increased and there wont be any inflation of ICONOMI tokens.
ICN token supply: 100 mio
Crowdsale: 85 mio
Early stage marketing and bounties: 2 mio
Advisors: 2 mio
Team: 8 mio
Reserve for future team: 3 mio
1.That's all specs? Token supply will not be increased - 100 millions total max amount of supply tokens,right? If that right how you would be paid a stake part to every member of your startup hype you would be doing that manually from your dev fund,sending stake rewards to your clients,monitoring states of tweets RT,posts,re-posts.
2. If here we have a stake rewards,may be here would be used a PoS method of work after launch? If here would be use PoS,what about stake interest per year for ICONOMY?
3. Your Premine have same amount with max amount of total supply tokens,right? So here not available generating new tokens after launch,if you sell all ICO funds by your ICO campaign. In that case we must getting a static amount of tokens since launch right? Or you are simply not getting full info about that part of your specs? Can you getting more clear info about?
4. If you are want be based on Eth platform ,why you are plain to collect and hold a main part of you ICO fund in BTC? You are not believe in Eth future? But if you are want be build on ETH platform,work of your net fully depends from ETH,and price here depends too.
5. And really guys what you want to realize in the end( if all your plans not a simple bookmarks and empty noise) ? ICO centralization fund for decentralize cryptocurrencies? On that moment trading,using,mining crypto it's a crime in EU or anywhere else? Alternative decentralize economic have now ways for use it legal without ICONOMY centralize funds,without simply speculating interest what else you can present here? No any innovations,no new algo or technical features,no any new ideas(promises),Standart pump and dump OP with 2000 Btc lowest start level. Why not a 18 million of BTC guys? If you are collect it you are can control fully all market. Good luck. First investors catch profits here anyway. 2000 BTC not a problem after LISK,right guys?
Great questions!
1. More specs will come early next week. But as it will be issued on top of Ethereum there won't be any POS/POW etc. Contract for now will be issued on ETH chain. Token supply will be fixed at 100m. Twitter/FB bounties are done via API. We can't count that manually. Newsletter is straightforward. Signatures and translations have to be checked at first and will be counted at the end of campaign. Monitoring will be done asap as campaign starts on our ICO site.
2. On top of Ethereum. Why we don't run our own blockchain? Because value is elsewhere. Not on a blockchain itself. Kind of like why Xaurum migrated from their own blockchain on top of ETH chain.
3. Crowdsale will be for 85m tokens. 15m will be distributed and reserved for team and future use cases. The distinction here compared with other "coins" is that this is actually share of a company which will be generating value and providing "dividends" back to the token holders.
4. We'll be collecting funds in BTC ETH LSK. Only threshold is set up in BTC number. We could also say 1m USD or 100k ETH. It's just for perception.
5. To understand what we're doing you need to forget "coin" mentality. This is not just a coin. If you have time please do read our whitepaper. It's really well written. We'll create a product for the whales of this world don't want to go into hundred of different blockchain projects and cryptocurrencies, they often just want to invest into the broader picture. Blockchain - yes or no? And ICONOMI will offer them exactly that.