Can someone clear few points .. I still don't understand after going through white paper and whole thread.
1) CONOMI.PERFORMANCE/ICONOMI.INDEX investment will be generated separate and will ICONOMI team manage that fund for customer participated in CONOMI.PERFORMANCE/ICONOMI.INDEX?
2) Is there any upper limit on ICO investment ? If ICONOMI has plan in place of development then must already have the expense calculated to develop that, what will be use of extra fund generated through ICO ?
3) Any plan of placing buy wall after ICO incase ICO goes over priced ( like waves announced pre ICO that they will place buy wall, though not sure if there was any because the price went down the ICO price because waves seems overpriced ICO)
1) ICONOMI.INDEX will be CTF type of fund and ICONOMI.PERFROMANCE will be CMF type of fund. Both generates separately and ICONOMI will manage them each according to it's rules. ICONOMI.INDEX will be well defined as it is index by definition, while ICONOMI.PERFORMANCE will be actively managed by our team for the customers of those fund.
2) There is no upper limit for ICO. Market will set the price. We have few scenarios for our burn rate, which will depends on amount of raised funds. We'll for sure keep ourselves with a runway for at least 18 months. The extra fund generated through ICO will go into ICONOMI.INDEX. Important thing here for ICN token holders is that for as long as we'll have funds raised during ICO we'll be paying 100% of profits as dividends to ICN token holders.
3) There won't be any buy walls or sell walls or whatever. ICN token will have market cap defined by investors and we won't be manipulating market in any way. Additionally to that, we'll publish public addresses of team members and we'll all oblige not to move/sell anything for the period of at least 6 months.