Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MoveCrypto
on 09/02/2017, 23:25:31 UTC
Etoro.com is also unavailable in US, but they still have more than 20k users trading BTC there and a market cap well north of $100m

ICN is under a coordinated FUD attack from competing projects and people who are trying to accumulate ICN for pennies on the dollar


The 20k users trading BTC on Etoro.com are NOT from the United States.

Where did you get that $100m market cap figure?


That's what I said.  They have more than 20k users trading BTC, despite not being available in US.  If Iconomi platform matches that number, then ICN would represent the #3 largest userbase on coinmarketcap.com behind BTC and ETH.

http://www.coindesk.com/etoro-launches-bitcoin-trading-3-million-users/

Quote
Confirming our earlier post on the matter, retail forex broker eToro has successfully raised $27 million from units of China’s Ping An and Russia’s Sberbank. Current investors Spark Capital and BRM also participated in the financing. The round also includes a credit facility from Silicon Valley Bank.

Industry sources tell LeapRate that the financing was done at a valuation well north of $100 million for eToro.

http://www.leaprate.com/2014/12/etoro-raises-27-million-from-chinas-ping-an-and-russias-sberbank/

Total Equity Funding
$72.9M in 7 Rounds from 16 Investors


https://www.crunchbase.com/organization/etoro

Looks like the real big money international investors don't care if a product isn't available to US market.