Re: [ANN] ICONOMI - Fund Management Platform

With this attitude, I highly doubt any investors would trust their funds on your centralized Iconomi platform.

Question: Why would people buy crypto funds from shady Middlemen in Slovenia (Iconomi), while they can skip these middle men and buy identical crypto funds on a decentralized platform like MelonPort or TaaS where everything from trades to performance is transparent, and especially since these other platforms can also hold funds safely in Cold Storage which eliminates DAO-like hacks?

Decentralized is just a fancy word for democratization of a system that ends up being a communistic system in the end (our modern western system) this is great for you but china existed for 5000 jears untill now. Whithout Segwit miners will soon have a 17 bn dollar gun at your head Wink

charging whatever fees they want. And btw what are you going to say to the thousands of noobies of whos transactions is not being realised becouse block size is full? FYI I own both bitcoin and icn.

I don't think you understand...Investors don't give a damn about democratization of a system or communistic systems...

Once investors realize that they can skip these middle men (Iconomi) and buy identical crypto funds on a decentralized platform like MelonPort that's safe, transparent, faster and cheaper, it's GAME OVER for Iconomi.

We'll see what happens with Melonport, but their project is much more ambitious and will take a lot longer to go live. I would say close to one year or more. Plus their tokens don't really give you dividends, they are not actually shares in the company like Iconomi, just tokens to use the platform, so yes, in a way there are fees and won't be free. I don't know much about TaaS but just pegging their token to $1 from the start is ridiculous really. I think many of these ICO that don't have anything remotely close to a MVP (Iconomi was one of them, a good one though) need to stop. Well, people need to stop throwing money at them, an idea or a roadmap can't be worth more than 10 millions of dollars unless is that good.

That's exactly why MelonPort can be listed on Poloniex while ICN will NEVER EVER be listed on Polo since ICN is a security.

MelonPort ICO is starting next week and ending March 15, and will probably list on Polo soon after, while ICN will NEVER make it to Poloniex.

http://www.coindesk.com/meet-the-ex-banker-using-ethereum-to-take-on-traditional-hedge-funds/

Who cares about Poloniex, a place where Pascal coin and ETC pump and dump, shady business all around, you don't even know what they do behind curtains. Kraken has a lot more reputation since they can deal with fiat (in the US) and they listed ICN without major issues.

As for Melon Port, well go ahead an invest in those tokens, you don't even know what's the total supply, they will mint more for expenses...ok. Melonport sounds great though in the long run since the team seems very professional and that can only add value to Ethereum ecosystem eventually, but I don't see the investment there. Tokens are not like blockchain coins/assets which are a integral part of the network itself.

Same for Augur for example or First Blood, you get dividends or profits per transaction, it makes sense to hold them.