ICONOMI [ICN] - Fund Management Platform



  • Iconomi

    About ICONOMI

    ICONOMI provides an opportunity for investors looking for the simplest way to invest into the decentralised economy.

    Start in minutes

    The simplest way to start your DAA (digital asset array, similar to a crypto-investment fund). Sign up, deposit digital assets and you are ready to go. (COMING SOON)

    Put your knowledge to work 

    Use your track record to attract the digital assets of followers and increase their wealth and yours. Compete with other managers to attract the most followers. (COMING SOON)

    Simple to use

    Digital assets require extra layers of security, and their storage and management can become a nightmare. ICONOMI takes care of that for you!

    24/7 Access and Liquidity

    Manage your digital assets 24/7. Fast withdrawals (*hot-wallet and per-session withdrawal limits apply) and no contract lock-ins. Growing list of supported digital coins and app tokens with deep liquidity.

    100% Transparency

     All trades are executed on the markets. ICONOMI will never trade against you. No small print or hidden costs.

    Cutting edge security

    The majority of assets are permanently stored in multi-sig protected cold wallets, so you can enjoy the safety of physical bank vaults.

    Benefits:

    Create your own digital asset arrays

    Choose from a wide selection of decentralised economy tokens. Easily adjust your array for maximum growth.

    Become a star! 

    Do you have what it takes? Optimise your assets array and outperform the competition!

    Share it with supporters

    Invite others to support your assets array and share proceeds.

    Digital assets

    Digital assets are the foundation of the new economy. They represent stakes in services like prediction markets, micro-payments, smart contracts, remittance, games, distributed computing and others. Digital assets with largest market capitalisation include Bitcoin, Ethereum, Ripple, Litecoin, Monero, Dash, MaidSafeCoin, NEM and of course ICONOMI.

    Assets on ICONOMI

    Bitcoin

    Bitcoin (BTC) is the original cryptocurrency that still represents over 80% of the cryptocurrency market capitalisation.

    Ether

    Ether (ETH) is a currency of a decentralised platform that allows developers to create decentralised applications and smart contracts.

    Monero

    Monero (XMR) is a privacy-centric cryptocurrency that uses advanced transaction cloaking techniques.

    MaidSafecoin

    MaidSafecoin (MAID) is the token used on the Maidsafe Network, which is a decentralised data storage network.

    GameCredits

    GameCredits (GAME) is a gaming currency based on Bitcoin that aims to replace existing in-game purchasing options and mechanisms.

    STEEM

    Steem (STEEM) is building decentralised content and media distribution platform,
    promising to disrupt publishing and distribution businesses. Community building and
    social interaction are awarded.

    Digital Cash

    Digital Cash (DASH) is a digital currency based on Bitcoin that includes faster transactions and enhanced financial privacy.

    Augur

    Augur (REP) is a decentralised prediction market to exchange value when forecasting event outcomes based on the 'wisdom of the crowd' principle.

                            </p>
    

    Factom

    Factom (FCT) provides a data layer for blockchain applications featuring real-time audits and instant data verification.

    Lisk

    Lisk (LSK) is a public blockchain platform that provides decentralised blockchain apps with their own separate blockchain, solving the scalability challenges.

                            </p>
    

    ZCASH

    ZCASH (ZEC) is a cryptocurrency focused on privacy and anonymity that features untraceable transactions.

    Arrays

    Digital Asset Arrays (DAA) include various combinations of digital assets. Each manager can create his own assortment of specific digital assets and offer them to the community.

    LOWER THE RISK OF VALUE LOSS

    The new economy moves at lightning speed, so the value of digital assets can fluctuate rapidly. Making an array of several digital assets can lower the risk of fall in value.

    MAINTAIN AN OPTIMAL DIGITAL ASSET MIX

    Easy array adjustments enable constant reaction to the markets for optimal growth.

    ATTRACT SUPPORTERS AND SHARE PROCEEDS

    Invite others to support your assets array and share proceeds.

    ICONOMI.index


    ICONOMI.index is a passive digital assets
    array (DAA) developed from the ICONOMI cryptocurrencies index. It
    measures the performance of digital assets that meet the ICONOMI
    eligibility criteria and mimics the blockchain economy. The structure of
    the ICONOMI.index DAA delivers diversification benefits and minimises
    risk. The digital assets currently included in the index represent ~92%
    of the total market capitalisation of cryptocurrencies.



    ICONOMI.index constituents and their
    corresponding weights are rebalanced on a monthly basis, or more
    frequently due to the fast changing environment of the cryptocurrency
    market. Between rebalancing periods, the weights of the index
    constituents move proportionally to their price movements. If the weight
    of a specific digital asset surpasses 25%, the index is immediately
    rebalanced.



    ICONOMI.index is represented by ICNX app
    token. The methodology, rules, current structure and price of
    ICONOMI.index is published and updated every 5 minutes.

    Register:


    https://identity.iconomi.net/r...

    ICONOMI Ethereum Trading Platform

    https://ethbuy.iconomi.net/

    Your Ether Journey Starts Here

    Buy, sell and use ether.

    • Simple Purchase with Euro

      Our user friendly platform makes all actions easy and fast.

    • Impeccable Security Measures

      2 Factor Authentication (2FA) and a password demand for each transaction you make on top of an advanced Ethereum protocol.

    • Easy Withdrawal

      Cash out to your SEPA bank account at any time - no withdrawal fee!

    • Low-cost PROMOTIONAL ZERO COST!

      There is a 1% fee on trades only. Free trading for a limited time.


    Team

    Tim M. Zagar, Co-founder, CEO
    Jani Valjavec, Co-founder, Trading
    Ervin U. Kovac, COO, Legal lead
    Gregor Lah, CTO, development lead
    Primoz Kordez, Fund infrastructure lead
    Jan Isakovic, Mentoring program lead
    Daniel Zakrisson, Head of investment evaluation
    Domen Skalar, Infrastructure lead
    Ales Lekse, Development lead
    Meta Vrhnjak, Special operations
    Niko Klansek, Special operations
    Jaka Mele, Corporate communications
    Andrej Mihelic, UX/UI designer
    Nejc Zupan, Customer support
    Tjasa Tolj, Customer support
    Gregor Kobal, Customer support
    Miha Martinjak, development
    Joze Kosmerl, development

    For detailed Team descriptions please check out ico.iconomi.net

    Advisors

    Aleksander Vasylchenko PhD, CTO Grid Singularity & Ex-CTO Mycelium
    Zenel Batagelj, Co-founder, Managing Partner Valicon
    Lyuben Belov, Co-founder, Managing Partner LAUNCHub
    Domen Ursic, Independent PR advisor
    Stephane Gantchev, Partner LAUNCHub and Co-organizer of DigitalK

    For detailed Advisors descriptions please check out ico.iconomi.net

    Escrow  

    Max Kordek, Co-founder and CEO LISK Escrow Partnership Confirmation from Max
    Aleksander Vasylchenko PhD, CTO Grid Singularity & Ex-CTO Mycelium Escrow Partnership Confirmation from Alexander
    Gasper Kenda, Co-founder, Xaurum project Escrow Partnership Confirmation from Gasper
    Tim M. Zagar, Co-founder, ICONOMI Escrow Partnership Confirmation from Tim



    Collecting addresses  

    BTC: 3KbWWjumBGLBUWYCeidydxe1uET9QyWoEg
    ETH:0x154Af3E01eC56Bc55fD585622E33E3dfb8a248d8
    LSK: 6300322192409448238L
    USD: video proof
    EUR: video proof
    (do not send funds to these addresses directly!)


    ICONOMI Whitepaper:https://www.iconomi.net/ICONOM...

    Whitepaper on App Token Funds:https://www.iconomi.net/CoinFu...

    Official Links


    Exchange:



    Kraken:https://www.kraken.com/

    Liqui:https://liqui.io/

    Gatecoin:https://www.gatecoin.com/

    Etherdelta:https://etherdelta.github.io/#...






  • ICONOMI acquires 9.766% of Byteball initial distribution free of charge

    ICONOMI has successfully linked its bitcoin wallet to the Byteball project, taking part in the first round of byte token distribution. With an ICONOMI balance of 6900 BTC, ICONOMI’s stake in the first distribution of bytes represents 9.766% of initial distribution, making it the second largest participant. The value of all acquired Byte tokens is already approaching 200,000 USD.

    Byteball (https://byteball.org)
    aims to decentralise storage and transfer of value, and is interesting
    because of its new consensus algorithm approach. Byteball’s developers
    believe that the success of the currency depends on the number of people
    owning and using it. That’s why they decided against ICO crowdsale, but
    to distribute 98% of all currency free of charge among Bitcoin holders instead. You can read more about Byteball at https://byteball.org

    The received bytes are divided between ICONOMI and ICONOMI.performance DAA (Digital Asset Array™) based on a ratio which derives from an ICO-time decision that all raised capital beyond the 10,000 BTC mark goes to ICONOMI.performance DAA.

    To summarise, ICONOMI.performance was seeded with the following assets:

    • 2,987.076 BTC
    • 86,220.320 ETH
    • 1,729,538.793 LSK
    • 53,433.21 USD
    • 1,080,517.79 EUR

    Therefore out of all received byte tokens, 4,221.28825 giga bytes became part of the ICONOMI.performance DAA, while the remaining 5,538.64343 giga bytes belong to the ICONOMI, and consequently benefit all shareholders. Depending on Byteball’s success, some day this might represent significant capital growth and additional revenue for ICONOMI and ICONOMI.performance DAA. The value of all acquired Byte tokens is already approaching 200,000 USD.

    We wish the team behind Byteball good luck with the project.

    An interesting observation — out of 16 million existing bitcoins, only 70,663 were linked to Byteball. This surprisingly small number could either mean that bitcoin holders don’t find Byteball valuable — neither now nor in the future — or that the majority of bitcoin owners did not know about this opportunity. We believe that the crypto investors who hold Bitcoin would never pass up a lucrative opportunity, therefore the second answer seems more plausible.

    This is further proof that with everything happening so fast in the crypto world even an active crypto investor can miss a lot. ICONOMI and ICONOMI.performance will systematically work to seize each opportunity to increase value for the shareholders and DAA token holders.


    From: https://transition.byteball.org/



  • If Code Should Be Law We Need Better Development Standards

    On Smart Contract Architecture And Testing

    The recently discovered bug in the ether.camp token handling smart contract (and any project that inherits this contract, basically all ether.camp hackathon projects) again highlighted the special needs for good architecture, testing and security in smart contract development.

    The problem with this contract is pretty similar to what happened to the DAO — a smart contract with control of a value token has a bug (because of an oversight in its implementation) that allows an outsider to issue calls to it that have unintentional consequences.

    Smart contracts are something new because for the first time we have computer code without governance that controls actual money, and in some cases serious amounts of money.

    Why Smart Contract Development Is Special

    Smart contract development is different from most other contemporary development as there are rarely any easy upgrade paths, especially in the critical parts (that control ether or other value tokens). Deploy it and once the contract is in use you are pretty much stuck with it.

    If we learn from software architecture and quality assurance in other industries with very high security requirements or with difficult upgrade paths — aerospace, embedded systems or medtech (where I have my background) — I hope that we as a community can develop a clear minimum set of best practices in smart contract development that will help minimize the risks associated with contract development and deployment as much as possible.

    Others that are more involved with ethereum development already have this started (e.g. see the the Zeppelin Smart Contract Framework). My goal with this post is to highlight this issue again and get an even higher level discussion going and hopefully be able to define a minimum set of architectural and testing requirements that all core smart contracts should be subject to.

    Please give me feedback on Medium or Reddit and I’ll try to keep track of comments and write a Github wiki with the current list that can be shared and referenced to.

    Architecture

    For starters, I propose the following architectural best practice check list:

    1. Use and reuse audited open source code as much as possible (such as ERC: 20)
    2. Separate token issuance and token control from all other code into separate contracts
    3. Implement a safety stop (kill switch) function at the top of the code in case something happens
    4. Implement a contract transfer function whenever possible

    Testing

    There is an absolute need to follow current best practices in testing. This is an established field and I won’t go into the details, but basically there are two parts — verification and validation testing.

    Verification is to verify that the code has been written according to the requirements and design specifications. At release (and preferably during development) this is tested in unit tests, functional test and integration tests. These tests can and should be automated and cover expected states and different fringe cases.

    On top of the verification testing formal verification, code reviews and security audits should be done to further verify the code and find bugs, errors and weaknesses.

    Validation, the other type of testing, has so far not been discussed to the same extent as verification in smart contract development. Validation ensures that the product meet the user needs, and that the requirements were correct in the first place. Usually this is done through validation with external users in alpha/beta-testing or in studies.

    The DAO failure happened because of missing validation testing and the current ether.camp bug is the result of bad verification testing. Many times the flaws in complex code will only be visible when the code is actually used and there are real users and data involved, and with that real values at stake.

    For example, validation testing in Ethereum can be done through early deployment on the testnet, and then later as proof-of-concept on the real network before being deployed and given it’s full rights on the chain. Validation testing can also be done in many other forms, e.g. using the proposed contract in a production setting but with limited risk compared to the future full deployment.

    Bear in mind that validation is to ensure that the code works as intended by its creators. Code that does not behave as intended is simply buggy code that is not validated and should never have been released in the first place.

    If code is to be law as some argue, then it must be properly verified and validated — and therefore work as intended before being released. As long as code is in validation I see absolutely no problem with using any tools available in order to update the code and fix the bugs.

    Two great examples of validation testing that I would like to highlight is Ethereum and Rouleth.

    Ethereum itself still undergoes validation testing. Some of it is intentional, releasing the production system early when ether had limited value, the increasing importance of a functioning backend/blockchain and size of the ecosystem, increasing number of transactions and users, slow introduction of new features and soft- and hard forking. Some is also unintentional, like The Hackers long time stress testing.

    The creator of Rouleth (a gambling dapp) released the contract early (8 months ago) and has iterated the contract and slowly increased the number of bets and the stakes involved over time in order to validate the code. Releasing a proof-of-concept and over time test it with more and more users/assets/importance is a great way to validate as well.

    My proposed minimum testing for smart contracts is:

    1. Have a testing plan for both verification and validation testing
    2. Do code reviews
    3. Do verification testing with automated unit, functional and integration tests
    4. Do external security audits
    5. Do validation testing by extensively testing on the testnet and then
    6. After testnet testing, do more testing with limited risk in proof-of-concept or alpha stage on the main net

    Conclusion

    This is by no means an exhaustive list of all quality assurance activities that should be done for smart contract development. Instead, it’s the start of a discussion. Please get back to me with ideas on how to improve this simple checklist for all smart contract developers out there to use.

    But, if you are a smart contract developer or plan to use smart contracts in your project in any form and are unfamiliar with any of the concepts above — DO YOUR HOMEWORK FIRST. In most cases you will only have one chance to screw up.

    Thanks to /u/frenchhoudini, /u/airbolab and Zack Coburn for highlighting these issues, and Manuel Aráoz at Zeppelin for his work on the Zeppelin framework.


    Author,

    Daniel Zakrisson





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