What I wonder is why the performance of the ICN token is so bad, given the active managment of the fund and their good vetting for promising ICOs. The performance is much lower than just the Top20 Crypto index fund.
My guess would be that its because the token has zero utility. The only thing it does is gives you a cut of 3% of the profits of all the DAAs. Seeing how their Q3 report was abysmal at best its no wonder they arent releasing Q4.
Think about it, if they post profits of $100M (which seems unlikely anytime soon seeing as how Q3 was $50k), 3% of that would be $3M. Divide that by 99M tokens and you get a massive value of $.03 per token.
There really is no reason for this company to have a token other than trying to get around actually being considered an etf. Invest in the DAAs just stay away from the token, its a waste of your money.