Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] BLUE MAGIC Capital: Blockchain investing firm (hedge funds in ICONOMI)
by
zana
on 01/01/2017, 14:32:55 UTC
ABOUT SHARE AIRDROP

Don't get me wrong, there will be a share airdrop ONLY to truly implicated people in the project, as well as future fund managers that enter in the Blue Magic brand.

We don't have any need to issue an ICO nor dilute our shares for free, but we are open to share profits for those who deserve it.

So, how do you decide who is worthy of receiving his share? Implicated in which way? Your idea sounds interesting but I'm not going to wear a brand.  Wink How do you imagine the investment process to work? I still only have a very rough idea of what this is about.

Hey man, share airdrop is just an idea for now. Still lots of questions to solve and things could change a lot in some months from now.

About the investment process, it will work as any other mutual fund: you invest in the fund by buying shares of it at it's current NAV per share price, and if the fund performance is +120% your shares will be worth +120% minus the comission. There are still lots of questions too related to that, we don't know if ICONOMI will allow to create close-ended and open-ended funds, we still don't even know if ICONOMI will be the plattform used. Things change a lot in this world  Wink

For now, just pay attention to the funds, the movements and the texts, I strongly believe that it's worth the read!

All the sucess on the project as you have proof on the other topic your capability of selecting good coins and having profit.

Will invest for sure!!!