Quote from: RichardReMark on May 14, 2018, 01:53:54 PM

Its easy for iconomi to become a exchange its harder not to compete for buy backs. (i.e binance nr25 coinmarketcap and iconomi 126) Btw they are now both in Malta, if iconomi wants cheaper fees than binance the extra income from the funds make it posible? or do they want binance and the other exchanges to hold icn and in return iconomi is not doing the exchange? There is no advantage if icn does not do this and the price is volitile no mather what.

Again binance is a exchange and iconomi is a platform for index funds. insert "Different but the same, but still different" GIF

Binance did the 50% fee discount because of competition on a already established segment (Crypto Exchanges). On a exchange you exchange your funds for crypto and then if you're a sane person you get them out of there as quick as possible and store them as secure as you know and can. Considering a lot's of exchanges don't even bother with transparency it's a very high risk to hold you're funds long term with a exchange.

With the Iconomi Platform you are able to invest your funds in crypto projects. Projects that are selected by different experts who have their own skin next to yours. They re-balance the funds as they see fit so you don't loose you're time trying to keep the ratios in line with the project development. Your investment is not only very securely stored but also insured so there is no hacking risk. Besides the security you actually know and can be sure they have the money they claim to have because of the financial audit. At the moment they have no competition. Not real and not at the same level. Low fees/transparency/nina listed on stock exchange/fiat ramp up/security and so on

Iconomi is way more transparent in reality. Binance fakes trading Volume https://medium.com/@sylvainartplayribes/chasing-fake-volume-a-crypto-plague-ea1a3c1e0b5e and can also be hacked - see the ViaCoin incident.

Putting your money with Binance long term means you have to trust a Chinese businessman/broker/developer for his word. In compassion with iconomi where you have all this security, insurances and transparency (financial audit) plus the columbus who looks like he knows what he's doing with the investment. Given that binance is putting every token that pays a nice commission even scams - see BRD, CTR and TUSD i would be carefull with letting my money sit there for more then a couple of minutes.

Iconomi is a lot more carefull what tokens they list Wink

By GOD i've got nothing with the Chinese people but they way they deal over there it's incredible. They've fooled even the American stock market with so many firms that declared profits even 10x bigger than in reality. They've got away with it because who can get the truth in china? If you look at how binance fakes the volume and you don't see the similarity then i don't know what else can i tell you.

They've made a really bad name on the stock market and with serious investors because of this in the last 10 years. And that bad name can stick to binance too if people will see (i hope) the fake volumes the scam listing and so on.

Maybe you don't care about all this stuff because moving a couple of g's around it's not really a concern for you even if it should be. But for people who want to invest long term and be sure about the liquidity and the safety of the invest this is the perfect product.

There will be no quick burning of the tokens with iconomi, not one as you are so desperate to see. Patience is what many people are missing for good projects to grow.