Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Red_Sanford
on 18/05/2017, 20:53:27 UTC
i think when the platform launches icn will be quick at the 10$. and when everythink went well and ppl accept it , it will be over 100$ , since it represents alot of coins

Aren't we a bit over optimistic?

Maybe it won't happen that fast, but by constant burning of the tokens I'm pretty sure one day we'll have 1 ICN be worth way over 100$. Just imagine, the last ICN available will probably be worth hundreds of thousands of dollars.

You know it doesn't work like that  Smiley
In order to burn more tokens, Iconomi will need to make more revenue. More revenue means more active users/fund managers on the platform which will lead to price increase.
I think that the revenue/burning rate will reach equilibrium eventually - market laws..

Is anyone concerned with the fact that Iconomi is burning through over $500,000 per quarter for operating costs ?
That's alot of money to be sure. $2 million per year for a small operation