Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
DomainMagnate
on 02/07/2017, 22:49:02 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.
So there is no point in keeping ICN on Iconomi website because their only value is gradually selling them.It is better to keep them on MEW