Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MalReynolds
on 11/12/2016, 11:23:09 UTC

 ...in some cases (most?) value of ICN token would go up even before ICNP realized a profit with closing its investments.

We have said, that we will announce into which ICO the ICNP will invest (after ICO closes, not before to prevent speculations).
So lets illustrate with example of ICO XYZ, into which ICNP invests $500k.
Everyone knows what was the ICO price per token.
3 months later XYZ's tokens are worth 200%, and project seems solid and keeps on growing, so ICNP does not yet close the investment ...
Since everyone knows how much ICNP invested into XYZ, they also can calculate the unrealized value of that investment (~doubled)...
Hence this unrealized profit could be speculatively accounted into the price of ICN token (or at least some part of "20% fee"*** on profits)...

*** please note that fees are not yet set, so 20% is just an illustration

Jaka

This ^^^.  This is a big deal I did not realize before about ICONOMI, because I mistakenly thought profit cashouts and dividend distributions for ICNP were going to occur like clockwork every week.  

ICONOMI is going to be even more awesome than I first thought.