Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Enjorlas
on 01/07/2017, 15:04:45 UTC
If  I purchased ICN at  the ICO, does that qualify me to buy both ICNX and ICNP? I have bought some ICNX on the new platform, but it doesn't give me the option to purchase ICNP? How do I get my hands on those goodies?


You cannot purchase ICNP directly. When buying ICN, you are basically buying ICNP in return. This is because 20% of the ICNP return is going towards buybacks and burning of ICN coins and the other 80% is for reinvestment in other ICOs to get more profits. So if you owe 10% of total ICN coins, well basically you owns 10% of ICNP + all the other fees which is generated on ICNX
Does it mean if I own 500 icn,I will get 500 icnp also? And can I sell one (icn or icnp) and keep other?


No. The ONLY thing that the ICNP does is buy back ICN tokens with 20% of the profits it generates. Therefore, the only way to benefit from the ICNP fund is to own ICN tokens.