I don't see why Icn worth it anyway? the buy back is 20% of millions they invested in altcoins, golem etc, with investors capital. They did separate Icn in many, and the core value is split, right? I don't see the point
But they invested too little on golem, if i am team member in ICN, I would invest half million usd in golem, and it was only 5% of total fund. Easy money.
Thank god you are mot a team member then.Putting most of your money in one coin is not the good idea
LOL, serious? I made an example, be kind to me. I am ICO investors in Strat and Golem. Strat is 50x of ico, golem is 10x of ico now. Thank them now I am USD millionaire. I saw ICN's blog about investment in Strat when strat's price was under 10k sat. But sad thing is they didn't invest it.
There is some confusion here about how Iconomi operates.
Stratis ICO concluded before ICNP was up and running, so they wouldn't have been able to invest there.
They remarked that Stratis was under consideration for inclusion in ICNX (the index fund) but, at that time, Stratis did not meet the criteria for inclusion.
Yes, it would have been a good asset to include. But we only know that because we're looking back.
Ark would have been a good investment for ICNP, as it pumped loads recently. You could also argue that BitConnect would have been a good investment. It's not as simple as looking back, and saying "oh, they should have invested there". Nobody would have predicted those price rises.
ICNX inclusion = based on certain criteria, and a little bit of personal opinion.
ICNP investment = ICOs that the team consider worth investing in, before the ICO has ended.
I would say that, if you invested in Golem and Stratis, then you did well for yourself. But there is also an element of luck there.
Iconomi is about minimizing risk, while also delivering a good return.
I have my issues with Iconomi, but these fundamentals have always been around - and a lot of people still don't understand them.
Like you mentioned: "They remarked that Stratis was under consideration for inclusion in ICNX (the index fund) but, at that time, Stratis did not meet the criteria for inclusion."
What a pity that they didn't invest in Stratis when the price was under 10k, if they missed the ICO chance, they had chance to buy 10k sat. ICN is a fund, they can profit in many ways, not only ico, but also invest in the project in circulation(poloniex and bittrex have many awesome projects)