Quote from: Daparski on March 13, 2017, 08:46:01 PM

Quote from: Starfleet.Intelligence on March 13, 2017, 08:16:45 PM

Having some troubles in understanding the investment vehicle we have here. I have access to the system now finally, and see index and performance funds available. Ok good. I see capitalization of performance fund. However, that ammount does not correspond to the sum of "UNINVESTED ASSETS" listed. I calculate roughly 1.2M USD more than "ICNP net value". Neither can I see total number of assets available in both cases. I could guess from the price of performance.fund that there are 1M available? Also how many are there for index?

I think I have too many questions, so I wrote it down more structured:

ICN.performance:
- Why does the sum ammount of "UNINVESTED ASSETS" differ from "ICNP net value"? Difference is roughly 20%, but is it subtracted from the beginning (Performance fee)?
- How much assets in total are available? 1M? How can I see those numbers?
- Basically when I buy this asset I invest in Bitcoin, Ethereum and Lisk, because those parts make the majority of total value, correct?

ICN.index:
- How much assets in total are available?
- What is total market capitalization of this fund? I can only see bundle structure, but no amounts of investments.
- How is the ICN.index price calculated? Based on total array capitalization divided by number of index assets? Then those numbers should be available.

ICN in general:
- It seems, when investing in index and performance you double pay those assets (indirectly via ICO and directly via purchase). The ICO money partially is the total value of performance fund. Should it then better belong to ICO holders? I read about 20% so I was assuming to receive 0.2 ICN.PERFORMANCE per 1 ICN...
- How does buying and selling work? Is it emitted by ICONOMI? Normally there should be buying and selling orders.

Hope this bothers not too much and someone can step up and clarify some of those points. Would be really nice. THX.

You mixed up ICNP with ICNX..

ICNP:
- Net value is $ value of uninvested and invested assets.
- ICNP token are not tradable. 1M ICNP tokens are just a number to visualize and measure the fund performance.

ICNX:
- This is the "passive" index-based fund. Basically it tracks the performance of the underlying assets and is rebalanced on a monthly basis. When you buy ICNX, the platform buys the listed assets in the index based on their current weight.
-ICNX tokens will be tradable on exchanges.
-ICNX is calculated based on the price of its underlying assets

ICN:
- Buying ICN does not mean investing into any fund that is active on Iconomi platform. It does gives you a share of the profits that are generated on the platform. These profits include:
20% of ICNP realized profits
3% of money invested in ICNX (yearly, calculated every 6 hours)
0.1% on buy/sell ICNX on the platform
fees from fiat proccessing (still not active)
fees from every other fund that people will create on the platform (coming this year)

hope it clears it up

Well thx that helps a lot for understanding. ICN and ICNP I fully understand now. But I would basically buy 1/1M of the available assets. So the scenario could occur that no ICNP are available any more?

With ICNX this means that proportions of underlying coins are bought when I buy ICNX. But can they be bought back from ICONOMI directly, cauz this means selling basically the underlying coins to the market... Also I wonder, if the particular wallets can be reviewed!