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Topic: [ANN] ICONOMI - Fund Management Platform (Read 1253991 times)

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 10:45:24 PM

#6301

Quote from: MrPresident on October 08, 2016, 09:50:26 PM

Quote from: marilyngroom on October 08, 2016, 09:44:49 PM

Can't put all your eggs in one basket.

The Performance Fund is the best option for longer-term holders IMO because the blockchain revolution has barely begun; therefore, there is likely to be thousands of successful ico's within the next couple years alone. The market is "Wide open", with endless gaps and niches to fill.

This coin is great for diversifying. Thousands of ICOs will come out and some will be really big winners. My "Anything Anywhere" decentralized classifieds on a map will probably be one of the big winners. The ICO will be coming out soon so hopefully the ICONOMI performance fund will be ready in time to get on it.

If these people can pick out the winners for us at a small fee, that's the best thing ever!

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 10:58:56 PM

#6302

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

No, the dev's at myetherwallet would need to add icn to the token watchlist.
They may do it at launch if enough peeps nag the myetherwallet team (hint)

*This is in no way an endorsement of using website wallets.

Mist seems to be working great btw
I'm guessing that when we add the "watch token" address that it will be for the entire wallet, all accounts?

Mist is out of the question right now. I can't seem to get it all synched (my internet speed is not up to par). But in the meantime, I just want to know for sure that even though myetherwallet does NOT add ICN, using ETH address from that site will keep my ICN safe? Even if it's invisible? If I must, I will eventually add Mist and import the ETH address and be able to see ICN? Is my understanding correct?

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 11:12:37 PM
Last edit: October 08, 2016, 11:24:27 PM by MrPresident

#6303

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

If you are totally unable to download or sync an official wallet, my suggestion would be to leave it on the site, make sure you enable 2fa, and then when the platform is launched, it will already be there for you to manage. If you're wanting to get it to an exchange for trading, just keep it there and wait for the exchange to issue ICN addresses for you to tx to.

Just keep in mind though, when it's on an exchange, you no longer own the keys to that wallet, and the keyholder gets the dividends. Also, popular places like polo have deposit and withdrawal limits, which will throttle dividend hopping. So in short; it is best to store the ICN in a wallet you own the keys to.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 11:20:50 PM

#6304

This dividends will bout ICN in a rocket to moon.

The price will reach 1000% easy

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 11:28:02 PM
Last edit: October 08, 2016, 11:44:21 PM by MrPresident

#6305

Funny thought....

If for some reason ICN moved to Lisk, we would instantly have ICN Classic left on the Ethereum chain.
So in other words, this is not likely to happen unless Ethereum suffers total meltdown....
...but nice to know even Ethereum can't stop this TRAIN!!!

Iconomi could still dev up a lisk platform for ICN both as an addition to it's existing ownership base, as well as a backup refuge for worst-case Ethereum chain disaster scenario....

Just got an email containing important tid-bit all should know...

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 11:44:23 PM

#6306

Quote from: ShooterXD on October 08, 2016, 11:20:50 PM

This dividends will bout ICN in a rocket to moon.

The price will reach 1000% easy

Are you aware that dividends to rise need time ?? Cheesy

When you start business there is gap between effort and revenue after one year - six months
so ICONOMI can go 10x but not at next day being on exchange.
Those guys need to be successful at trading, at getting good clients and partners.
So far they show that they can do that and they are really hard working.
But task is far from "easy"

Request 26th September 2022 APP-06-22-4587

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 08, 2016, 11:54:09 PM

#6307

Quote from: MrPresident on October 08, 2016, 11:12:37 PM

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

Isn't that in a sense a flaw, that they keep the dividends. They should do something about having their users get the dividends, else it's just free money for the exchanges. That could also mean low volume.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:20:44 AM
Last edit: October 09, 2016, 12:37:28 AM by MoveCrypto

#6308

https://ethstats.net/

It usually costs about 21000 gas for an average ETH transaction

There is a current limit of 1500000 gas per 1 block

That means maximum of 71 transactions per block (although blocks have been hitting the limit with only 10 or 20 transactions lately)

Roughly 3000 transactions to distribute all the ICN = ~42 blocks

There is 1 block per ~14 seconds, meaning 42 blocks would take 10 minutes

Realistically, it will probably take 1+ hour to distribute all the ICN, because a lot of transactions are competing for the 1.5MM gas in each block

How is it decided which ETH addresses are going into the first blocks?

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:29:36 AM

#6309

I am not a twitter or Facebook bounty participant.I only joined signature campaign.Whats wrong with my posts?If you can't pay for signature than why signature spreadsheet was finalized with to much fault?Who the fuck is campaign managers?correct the spreadsheet and mark all the spammer,or pay me my bounty.I am not begging you,it's my money which I invested.if time=money then every signature participants invested their money into iconomi.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:37:11 AM

#6310

https://ethstats.net/

And someone made an interesting point about cost of sending out dividends

(21000 gas/transaction)×(3500 transactions) = 73500000 gas

Current gas price is 0.000000021727 ETH/gas

(73500000 gas)×(0.000000021727 ETH/gas) = 1.5969345 ETH

Cost of roughly 1.6 ETH per week or 83.2 ETH per year to send out dividends

Not bad at all compared to regular stocks I owned which would send out paper checks in the mail.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:38:50 AM

#6311

It would seem like there will be a demand for ETH later as the rest of us will buy eth for their myethwallet gas to make transactins successful. Time to buy eth.

Anyone recieve their ICN

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:40:47 AM

#6312

Quote from: MrPresident on October 08, 2016, 11:12:37 PM

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

I already entered myetherwallet address to Iconomi website. Do you know if ICN's are automatically transferred to the ETH address (all at once)? Or do we have an option to transfer out any amount that we choose?

I'm nervous at this point. What if all ICNs get transferred automatically, but myetherwallet has not added ICN's? Will I lose all ICN's?

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:44:31 AM

#6313

Quote from: marilyngroom on October 08, 2016, 11:54:09 PM

Quote from: MrPresident on October 08, 2016, 11:12:37 PM

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

Yes, but It would ofc be a flaw of the exchange's doing if they do not connect the ETH wallet address provided in your account the ICN/ETH wallet they provide. It is entirely in their hands. Just be aware that the likely outcome is that they will keep the dividends, because most exchanges keep the bulk of crypto's in a cold wallet.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:46:20 AM

#6314

Quote from: magc16 on October 09, 2016, 12:40:47 AM

Quote from: MrPresident on October 08, 2016, 11:12:37 PM

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

I doubt it will be automatic. You will probably get to choose the amount, or at the very least be required to hit "send" and do 2fa.... and yes, if myetherwallet doesn't add ICN and you sent them there, you're screwed until they do add ICN.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:49:53 AM

#6315

Quote from: MrPresident on October 09, 2016, 12:46:20 AM

Quote from: magc16 on October 09, 2016, 12:40:47 AM

Quote from: MrPresident on October 08, 2016, 11:12:37 PM

Quote from: magc16 on October 08, 2016, 10:58:56 PM

Quote from: MrPresident on October 08, 2016, 10:29:51 PM

Quote from: magc16 on October 08, 2016, 10:27:48 PM

'watch token' can be done on myetherwallet?

I doubt it will be automatic. You will probably get to choose the amount, or at the very least be required to hit "send" and do 2fa.... and yes, if myetherwallet doesn't add ICN, you're screwed until they do.

ok, good to know. "Screwed" is a strong word. hahahaha. I'll have to take out the ETH address for now.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 12:50:15 AM

#6316

Quote from: magc16 on October 09, 2016, 12:40:47 AM

I'm nervous at this point. What if all ICNs get transferred automatically, but myetherwallet has not added ICN's? Will I lose all ICN's?

Don't panic, if you have the private keys of the wallet your ICN are safe.

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 01:01:20 AM
Last edit: October 09, 2016, 01:33:24 AM by MrPresident

#6317

Quote from: Videodrome on October 09, 2016, 12:50:15 AM

Quote from: magc16 on October 09, 2016, 12:40:47 AM

I'm nervous at this point. What if all ICNs get transferred automatically, but myetherwallet has not added ICN's? Will I lose all ICN's?

Don't panic, if you have the private keys of the wallet your ICN are safe.

True but he's unable to sync a wallet. (Internet connection limits)

Parity may be a solution for him

mag16:

your nervousness was warranted after all

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 01:44:38 AM

#6318

Quote from: MrPresident on October 09, 2016, 01:01:20 AM

Quote from: Videodrome on October 09, 2016, 12:50:15 AM

Quote from: magc16 on October 09, 2016, 12:40:47 AM

I'm nervous at this point. What if all ICNs get transferred automatically, but myetherwallet has not added ICN's? Will I lose all ICN's?

Don't panic, if you have the private keys of the wallet your ICN are safe.

True but he's unable to sync a wallet. (Internet connection limits)

Parity may be a solution for him

mag16:

your nervousness was warranted after all

Well, half of it was, wasn't it. I mean, I could enter every ETH address, I have a privkey for, couldn't I? Then, if the wallet of choice craps out, I'd be able to use another one, upload the privkey and have access to the tokens, right?

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 02:11:03 AM

#6319

There's an option to keep the ICN in the ICO's account,right? If you're not sure on how you do it, It'd be better to wait for the creation phase or when it hits exchanger

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Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED

October 09, 2016, 02:15:54 AM

#6320

So three more days? Roll Eyes

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