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.
Will write it one more time (anyway have some time to kill in the train):
ICNP will kick in big time next year, when most of the seed money investments will be sold. Once ICNp gets into the cycle of steady profits realization, it will burn 1m USD every month.
ICNP is a sleeping beast, those who hold and wait patiently will be rich AF in 12-18 months