Take your buybacks and shut the fuck up about this "utility" buzzword bull shit. ICNP is already up to $42 million which is enough in buybacks to buy the ICN on Kraken sell side 5 times over.
And yeah, that's JUST for ICNP.
Is $ appreciation of the uninvested BTC, ETH, and LSK that Iconomi has been holding since ICO counting towards buybacks?
No, only realized profits from invested assets go towards buybacks. From the ICNP, around 1/3 of total assets are currently invested.