Some of you may or may not have heard of ICONOMI yet. So what's this project all about?
To put it simply its main purpose is to bridge old, boring economy with new, exciting one and connect them together to bring oldtimers (the ones with big money bags laying in their homes who are looking for new opportunities) and all who are not too keen on keeping up with all the latest cryptocurrency projects (which have boomed a lot and so have scams so doing a due diligence will be main priority for ICONOMI before any investments).
What will ICONOMI offer tho? They are going to focus on creating a few crypto funds for anyone to invest into. There are 3 different funds, with 2 already being available this year:
- ICONOMI.INDEX fund will consist of credible cryptocurrencies already present on the market)
- ICONOMI.PERFORMANCE fund will look for interesting upcoming new projects and invest in those for even bigger returns (they will do their due diligence prior to investing in any shady things).
In 2017 there is going to be a third option named ICONOMI Open Fund Management (OFM) and this is where things will get interesting - traders with experience and trading knowledge will be able to create their own investment funds for anyone to invest in their own funds (being fully transparent so you will be able to follow their performances) and I suspect is this is where ICONOMI will show its true value.
They will also offer dividends that will be proportional to how much ICN tokens you hold and will be paid in Ethereum (ETH) since ICN tokens are capped at 100 million (meaning there won’t be more available – inflationless system) – dividends on its own could pay back your investment in a few years (depending on the perfromances and profits of ICN platform of course).
There are a lot of known cryptonames involved in this that are on board as either advisors or escrow, which only makes this project more legit. You can also check team members.
ICO started on 25th August 2016 and will run for another 2 weeks (till 29th of September 2016, 8PM UTC) with 4.8m+ USD dollars already raised (they support quite a few investment options directly - Ethereum, Bitcoin, LISK and other via Shapeshift.io ) and even fiat bank deposits in EUR and USD and some other fiat currencies (CNY, JPY, CZK, RON, HRK, CAD, AUD, GBP, DKK, NOK, SEK, CHF, RUB, HUF, PLN, XDR and TRY) that are then exchanged to USD.
So if you are looking for an interesting investment it's certainly a great time to get in ICONOMI.