You people complaining about how the devs aren't pushing this coin onto bigger exchanges are blind to how good of a sign this could be.
Let's think about this, what incentive do devs usually have to get listed on a high volume exchange as quickly as possible?
I think the fact that they are not concerned about the success of speculators in the short term is telling of what they expect in the future. It indicates to me that they are more concerned about their long term investors and the long term goals of the project than they are of impatient ICO pump and dump traders.
Let's think about this, what incentive do devs usually have to get listed on a high volume exchange as quickly as possible?
I think the fact that they are not concerned about the success of speculators in the short term is telling of what they expect in the future. It indicates to me that they are more concerned about their long term investors and the long term goals of the project than they are of impatient ICO pump and dump traders.
I'm a big believer in ICONOMI, but to be fair, lot of people invested because Devs promised ICN will be traded on the biggest exchanges.
If Devs said they don't intend to list on Polo & Rex after distribution, then I don't think they would have raised more than $2-3m.
So for now... it does feel like a Bait and Switch.
Devs should do right by their investors and list on Polo & Rex and let them trade as they please, and if the ICONOMI products are really great, we won't see any dumping.
Oh, I must have missed that. Where did they promise that?
See below...
So for me it is still not understable. When can I got my tokens and when can I trade with them on exchanges? Any ETA time?
Tokens will be distributed within one month after ICO. And that's when they become tradable on exchanges. We think that is optimal time for investment of this kind to go live on exchanges.
Also, at the time when this hit exchanges we will be given funds from ICO. Because we use escrow and that's the rule we set. So it is in everyone's interest that tokens are distributed asap and consequently hit exchanges asap as well.
... It will be transparently managed and traded on major exchanges. ICONOMI.INDEX fund will include several thoroughly researched cryptocurrencies, including Bitcoin, Ethereum, Lisk, Steem and other major value tokens.