Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MalReynolds
on 18/12/2016, 13:01:57 UTC
is the Dividends start paying on 28/12?

Or the project start to launch and by weekly dividends, do they mean every week? Or Bi week?

Thanks!

On December 28 ICONOMI launches the OFM trading platform and the ICNX fund.  OFM will then have to generate fees and the ICNX fund will have to generate profits to create a dividend pool.  Also, the already-operating ICNP fund also needs time to generate profits.  Generating these fees and profits will take weeks or maybe months to happen after the December 28 milestone.  Once fees and profits begin to flow routinely to the dividend pool, those dividends will be disbursed to ICN holders on a weekly basis.

And remember, ICN is a zero-inflation token and not a mined inflationary coin.  There's only 100M ICN tokens, ever, that will be paying dividends.  ICN price has gone from $0.1257 USD per ICN at launch on Sept 29 to $0.2188 today - an appreciation in value of 75% in less than 90 days.   Get your ICN now at Kraken while they are still cheap.