Quote from: ArpFlush on January 07, 2017, 05:46:37 PM

Quote from: Daparski on January 07, 2017, 03:40:33 PM

Quote from: MalReynolds on January 07, 2017, 03:11:08 PM

Quote from: fdgara on January 07, 2017, 02:20:03 PM

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.

I AM HODLING.

Don't we all like it when Mal does these calculations?

I don't like maths nor calculations, except when Mal does them Cheesy

Yup, Same here