Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
BestWebCreator
on 13/05/2017, 10:22:59 UTC
I still didn't get why ICONOMI changed their original plan of distributing dividend to buyback. If Taas can pay dividend, why can't ICONOMI?

ICONOMI has become concerned about getting in trouble with the American SEC as an unregulated security.  Many think poloniex will not list ICN because of this. So the devs changed from dividends to buyback-and-burn to distribute profits.  This will make ICN increasingly rare. 

TaaS has yet to distribute a dividend.  They may change plans too.
Okay but why a company registered in Slovenia (or wherever) has to comply with American SEC?
Poloniex has still not listed ICN
Poloniex does not want to list a coin that is against the American SEC. Poloniex is an US located company, that is why. I think that it was a smart move from the iconomi team, since now ICN must be listed at poloniex.