Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
electronicash
on 10/11/2016, 07:18:21 UTC
Can someone tell me what is the ICN crypto currency used for in the Iconomi echo system?

Will future investors in the Iconomi funds inside the echosystem need to by ICN before?

This is a bit confusing still for me.
No. ICN tokens are like company shares. You can invest in any fund with fiat or crypto.


Ok but in company shares, companies have profit/revenue and as a shreholder you have a share of those profits/revenue.

What do you have exactly when you buy ICN?

When we buy ether for example, it's offering access to the whole ethereum eco system... dapps, tokens etc. You need to have ether to transact in the ethereum echo system.

What is the purpose exactly of the ICN Cryptocurrency? What is the use of it?

you mean we can all have the chance to invest on index and funds?
i did read something different the other day which only those who participated the ICO can have the invitation to buy incx and icnp