kalgoop

http://www.reddit.com/user/kalgoop

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kalgoop5 karma

  1. Would ICNX and ICNP be another smart contacts on Ethereum?

  2. Would there be the feature of auto reinvest? Eth dividends reinvested to buy more icn or icnp or ICNX.

  3. Would profit (obtained by management fees)be divided into 87 m or 100m ICNs?

  4. What would the minimum number of ICN required to receive dividends?

  5. Can Icn come in ICNX after two months?

  6. Are you planning to partner with Wings?

kalgoop2 karma

Iconomi itself has invested $ 5 million and another$ 5 millions get from other invited investors the performance fund.

If there is a profit of $10 million. $8 million goes to its investors and $2 million to ico investors. Out of that $ 8 million , Iconomi (as it has invested half the total capital, gets half of the profit which the investors get in total ) gets $ 4 million. We own profit Iconomi. So this $ 4 million belongs to ico investors.

So, In total we get $ 6 million (which is 60% of total profit).

Am I correct?

kalgoop2 karma

So, Iconomi would be having its own exchange platform. Is it just for icn or we can exchange other currencies too?