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They changed to a more efficient method of distributing this revenue, that's all.
Probably a lot of people sold at 50k+ satoshi and will now start fud campaigning to try to buy back lower just like what happened about 2 months ago in February with the SEC fud campaign.
That move is best what they could do IMO.
This solution promotes only ACTIVE investors.
There will be no bonus for exchange owners , no money to dead/lost accounts, no fees to ETH network.
Befor i was thinking that ICN just mostly adds up to ETH value than ICN.
Now mot problems is solved in very efficient way.
The speculators can broke party pumping ICN 20-30x but guess what they have 1st buy big chunk of ICNs.
Oh come one if they really want they can TODAY put 8000BTC buy wall and eat all those 13m ICN and even with that it will left more money.
I thought those 8000 BTC were for investments in new ICO .. that's not the case anymore? Those money will be used for trading and manipulate the price ?
yes it is but point is that it will flow back to ICN over time some miltiple of 8000BTC will pump ICN price.
Maybe not today but in year you can see nice results.
Okay when we hit polo DASH LTD can serve us BIG pump like 20-30x then it will be hard for ICONOMI team to influence price IMO

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But one ICN will be moved 20-30x i don't think that you will be worry about buybacks too much

Today we can be easily added to Polo.