Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MoveCrypto
on 28/10/2016, 11:17:31 UTC
Dividends won't be.
In the middle of ICO very large and serious investment group http://www.smithandcrown.com/ counted everything for you.
You paid not enough attention to it, but the price of ICONOMI will fall by 4 times.
There is an audit which is hidden by developers. Belong seriously. These are serious people:

https://docs.google.com/spreadsheets/d/1kl5fD-ifui8_iSmp8_yv9mC_mq8qtWixZmOK2--hS6Q/edit#gid=0

I repeat it SUBSTANTIVE audit.
This company is the expert in this area.
Also works at the market since 2013.

If they are in the market since 2013, then you would think they would know that P/E ratios in altcoin market are astronomical.

Think about all the altcoins that have 0 earnings, but a high price.  The PE ratio is closer to infinity in this market than it is to the S&P 500

They calculated a 20% yearly return for performance fund even in the optimistic scenario.  If Iconomi hits on just one ico that pumps, return would be better than that.

They completely neglected to add in any value that will come from the fund management platform, a social trading platform that can take some of etoro market.

MoveCrypto - I think you are wasting your time

True, I'm going to hit the gym.  Just like to say that if they re-do their calculations factoring in OFM platform and a more realistic PE ratio of 200+, then the optimistic price is over $2