Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Crypto_Jay_99
on 11/09/2017, 14:13:30 UTC
No one likes to lose money after the altcoin bboom this summer and the following correction after that A lot of people are disappointed.There are a lot of icos that will never produce worth product....
https://medium.com/@avtarsehra/icos-and-economics-of-lemon-markets-96638e86b3b2
This is a very good article on the subject

Interesting article. Many people confuse owning a coin to owning stock... It's clear that most coins which are closely linked to a specific company/product are overvalued.
As we learned with ICN, owning tokens doesn't entitle you to much... Iconomi can just switch the strategy from dividends to buybacks without any repercussions. Maybe they'll just drop the buybacks if they feel like it...

However, I'm still hoping Iconomi does the right thing and rewards it's investors (coin holders).
Interesting articles on the advantages of buybacks: https://hackernoon.com/the-iconomi-burn-crypto-buybacks-f9edb30530fe