Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
Flyingbits
on 27/12/2016, 22:23:17 UTC
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.
With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.
Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.
Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!
So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!
I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!
.....very good thought

ICN is not a simple pump coin.
On the contrary,
its a very welldone Project.
AS IT SHOULD BE!
SO, LET IT BE

+3

This is why I am still holding:

Quote
Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token        mkt cap 50.000.000                   PER = 25
1   USD / token        mkt cap 100.000.000                  PER = 50
5   USD / token       mkt cap 500.000.000                   PER = 250

10 USD / token        mkt cap 1.000.000.000                PER = 500

As long as ICONOMI is a new high/fast growing bussiness:  50 < PER < 250 ; my guess is that if the 200 USD million in funds objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them..