Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Daparski
on 08/06/2017, 17:42:33 UTC
Yyyes! $2 at kraken! this is just the start and would fly eventually just as we expect.  platform isn't yet available to everyone, how much more can it go when its accessible for the public. is the role of ICN in the platform already known?
http://imgur.com/aDMe8MW

May help

FEES - Operating Costs= Buybacks of ICN
Thought i read somewhere that the buyback is only temporary
EDIT.
jumped on slack and asked, so buyback is permanent at 20% as stated in last AMA

You still mixed it up a little bit
Smiley

ICN token holders benefit from several revenue streams including 20% of ICNP realized gains, a 3% yearly ICNX management fee (deducted every 6 hours from underlying assets) and 0.1% entry/exit fee.
Fees will also be collected from all future Digital Asset Arrays (DAA) created on the ICONOMI platform.

That is a great concept, but how would token holders benefit technically? By ICN buyback and price increase?
Yes. Buybacks means constant buy support in the market.

Wonder what would my uncle say about this