Fintech startup ICONOMI raised $5 million in ongoing digital IPO (open to public).
by Jaka Mele | September 21, 2016 2:21 am
Hi guys,
I am reader and irregular here at stockgumshoe, and few days ago, I quit my job to join fintech startup called Iconomi, where I ran corporate communications.
As I put much faith in Travis’s analytical powers, yesterday I kindly asked him to look at our whitepapers, business model and plans (all at https://ico.iconomi.net[1]). In a prompt reply, he told me he will try, and suggested I should start a discussion here…
So, what is Iconomi all about? Two key messages:
-1-
In Q4 we will launch two investment funds based on crypto-currency and decentralized-economy: ICONOMI.INDEX will be the index fund, minimizing the volatility currently present in crypto markets and ICONOMI.PERFORMANCE will be actively managed higher profit target fund. As I type this, we are doing legal and legislation legwork, with goal to allow asset management companies and individuals to invest in our funds. This means that through Iconomi, even people that are not technically savvy enough to dig into crypto currencies and decentralized economy startups, will be able to invest with their fiat money. Iconomi is effectively bridging the gap between the ”old” and ”new” economies.
-2-
Next year Iconomi will uberize the fund management business. With our open platform, anyone will be able to run a fund, and investors will be able to compare performance of fund managers.
I invite you ask questions, comment, and look forward to reading your thoughts.
Do you also see general appeal of decentralized economy? Would you consider becoming a shareholder of Iconomi? Crowdfunding campaign will close on September 29th at 8pm UTC.
Jaka Mele
ICONOMI.net
M: +386 41 39 2222
E: jaka@iconomi.net[2]
http://iconomi.net[3]
some links:
two core whitepapers on our site: https://ico.iconomi.net[1]
FAQ: https://ico.iconomi.net/faq[4]
recent interview with one of co-founders: http://cryptohustle.com/tim-m-zagar-co-founder-cashila-and-iconomi[5]
our blogs/PRs: https://medium.com/iconominet[6]
- https://ico.iconomi.net: https://ico.iconomi.net
- jaka@iconomi.net: mailto:jaka@iconomi.net
- http://iconomi.net: http://iconomi.net
- https://ico.iconomi.net/faq: https://ico.iconomi.net/faq
- http://cryptohustle.com/tim-m-zagar-co-founder-cashila-and-iconomi: http://cryptohustle.com/tim-m-zagar-co-founder-cashila-and-iconomi
- https://medium.com/iconominet: https://medium.com/iconominet
Source URL: https://www.stockgumshoe.com/2016/09/microblog-fintech-startup-iconomi-raised-5-million-in-ongoing-digital-ipo-open-to-public/
No question? No comments?
Hi Jaka Mele. What percentage of your own personal portfolio have you invested in ICONOMI? When will a direct investment be available from USD to ETH?
I have invested 50% of my portfolio into the ICONOMI ICO. Remaining 20% is at IB for my swing options trading + a little speculative trading also… 20% is metal, mostly silver (has been for years) and 10% is cash…
Why 50%? Because I have decided to funnel all funds that I previously used for my own crypto-trading into ICONOMI. I don’t have time and energy to be reading bitcointalk every day, not to mention numerous ICO threads and speculations… But I still want to invest into the “blockchain idea”, but without dealing with single crypto currencies and their high volatility (or not moving up for months, or being hacked)… ICONOMI’s INDEX and PERFORMANCE funds will allow me that. And weekly dividend is nice as well…
I don’t quite understand your second question. Direct investment from USD to ETH is possible since start, thru any exchange offering this pair. But if you mean investment with USD thru our funds, then the answer is – both funds will be incorporated by end of this year. But PERFORMANCE fund will be invite only beyond ICONOMI shareholders, and capped at 11000 BTC (so it might not be possible to get in later).
Confirming this as my reply.. I thought I was logged in.. :\
Jaka, thank you for your reply and introduction to this relatively new-to-me technology/currency. Started a thread here: http://www.stockgumshoe.com/2016/07/microblog-ethereum-the-battle-of-the-chains-kraken-etc-eth-more/ that may be of interest to you.
Very much interested in ICONOMI. However I have quite a learning curve to round with a time limit that is not be feasible to commit substantial funds. Where were you in early/mid August? Remember your location on web. Stockgumshoe.com and the Gummunity is constantly presented with these now or never ‘opportunities’ and relatively short time-lines. A very large majority of which I read and continue on my investing journey.
In mid august I was still director of digital marketing at Iskratel (https://www.linkedin.com/in/jakamele)… and did not even hear about ICONOMI… 🙂
When their crowdfunding campaign reached minimum required capital (took them 88 hours to raise $1M, they started headhunting process, and we got connected… ).
The best thing with ICONOMI is that we are offering investors the easiest possible way to invest into decentralized economy – the world of cryptocurrencies and ICOs… We are in talks with several asset management companies who want to invest in our funds – once incepted..
Jaka – Shall do much research this weekend on the subject as time allows. But the 15% bonus is past and presented with an ever nearing expiration date on the performance funds. T.G.I.F. Appreciate you introducing this and yourself to the GummUniversity. 🙂 Best2You ~ Ben
Jaka, do you have a DRIP plan set up? and is there a discount on additions if this plan is activated?
Hi Ben!
We will offer dividend reinvestment program some time in the future. Details will be worked out until then.
BTW: We are doing AMA on reddit right now. Welcome to join!
https://www.reddit.com/r/IAmA/comments/54gjer/i_am_tim_m_zagar_cofounder_of_iconomi_fund/
#ICONOMI – , wow thank you Jaka…shall join and investigate. 🙂
So, the point of ICONOMI is to allow me, as an investor, to see and compare different digital asset portfolio managers / funds, and have an easy way to invest between them?
Iconomi is bundling groups of these digital assets together, as fourth generation blockchain portfolio tokens… https://keepingstock.net/iconomi-and-the-future-of-asset-management-be58dfc8a28f
The #Iconomi Burn — Crypto Buybacks
https://hackernoon.com/the-iconomi-burn-crypto-buybacks-f9edb30530fe