ICONOMI [ICN] - Fund Management Platform
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.
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.
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 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 (BTC) is the original cryptocurrency that still represents over 80% of the cryptocurrency market capitalisation.
Ether (ETH) is a currency of a decentralised platform that allows developers to create decentralised applications and smart contracts.
Monero (XMR) is a privacy-centric cryptocurrency that uses advanced transaction cloaking techniques.
MaidSafecoin (MAID) is the token used on the Maidsafe Network, which is a decentralised data storage network.
GameCredits (GAME) is a gaming currency based on Bitcoin that aims to replace existing in-game purchasing options and mechanisms.
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 (DASH) is a digital currency based on Bitcoin that includes faster transactions and enhanced financial privacy.
Augur (REP) is a decentralised prediction market to exchange value when forecasting event outcomes based on the 'wisdom of the crowd' principle.
Factom (FCT) provides a data layer for blockchain applications featuring real-time audits and instant data verification.
Lisk (LSK) is a public blockchain platform that provides decentralised blockchain apps with their own separate blockchain, solving the scalability challenges.
ZCASH (ZEC) is a cryptocurrency focused on privacy and anonymity that features untraceable transactions.
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 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
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.
ICONOMI Ethereum Trading Platform
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.
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.
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
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
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
USD: video proof
EUR: video proof
(do not send funds to these addresses directly!)
Whitepaper on App Token Funds:https://www.iconomi.net/CoinFu...
- https://medium.com/iconominethttps://iconominet.herokuapp.com (slack)
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.
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.
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.
For starters, I propose the following architectural best practice check list:
- Use and reuse audited open source code as much as possible (such as ERC: 20)
- Separate token issuance and token control from all other code into separate contracts
- Implement a safety stop (kill switch) function at the top of the code in case something happens
- Implement a contract transfer function whenever possible
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.
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:
- Have a testing plan for both verification and validation testing
- Do code reviews
- Do verification testing with automated unit, functional and integration tests
- Do external security audits
- Do validation testing by extensively testing on the testnet and then
- After testnet testing, do more testing with limited risk in proof-of-concept or alpha stage on the main net
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.
ICONOMIadded to a new exchange:
ICONOMI Cryptocurrencies Index (ICNX) 31 January 2017 Rebalancing
2016 was a great year for the blockchain industry and 2017 started in the same fashion. During January the price of the bitcoin rose steadily. The beginning of January saw a significant growth for Ethereum (ETH) as well, reaching $11,70 on 5 January. The value of ICONOMI.index token (ICNX) increased by 34% from the last rebalancing.
With rebalancing, we re-set the weights of included crypto assets, but as per ICNX methodology we have also changed ICNX composition.
With the January rebalancing we also updated the index rules.
- In the case of the occurrence of higher than 5% monthly inflation, the trading volume should be 10x the inflation level.
- Tokens will leave the index in the case of a trading volume lower than $50k for two consecutive months.
This is the new ICNX composition from 31 January 2017:
What was removed
With the implementation of the new inflation rule, Zcash has left the index, due to having reached very high inflation, which did not match its trading volume.
What was added
We have returned Synereo (AMP) and Siacoin (SC) to the ICNX. Both tokens have kept a stable trading volume in the past month, above the average daily $50k turnover.
ICONOMI.index (ICNX) token rebalancing
As communicated in a previous rebalancing blog, the first investment in ICONOMI.index token was executed at midnight on December 21 2016. Therefore, this month’s rebalancing was done for the first time with actual assets inside. We had to move the assets accordingly, in order to match the changes in the index. With a few users who have access to the platform, we now have an estimated value in the ICNX of approximately $30.000 USD.
The value of ICONOMI.index token (INCX) went up from 0.100 USD on December 21 to 0.134 USD on January 31, which represents a 34% increase in value in 40 days.
ICONOMI invested 2,000 eth into the Santiment pre-sale
What: Santiment - Crypto Market Intelligence Platform
How Much: 2,000 eth / capped at 12,000 eth
Santiment (http://www.santiment.net/) is building a tool to gather and let users access crowd sentiment data around crypto investments. The current funding round is comparable to the seed funding stage of a startup project where they are raising money to develop a prototype.
There are several reasons we invested in Santiment:
They are building a potentially valuable tool for crypto investors, therefore strengthening the whole ecosystem
Our team has met the founder (Maksim Balashevich) in person and believe they will be able to develop the product and deliver on their promises
Investing at this stage (and not the upcoming ICO) gives us favorable terms, while at the same time it showcase a good practice of not launching a full ICO before a product prototype or proof of concept is available
We expect the Santiment team to continue on with following these good practices and use the now collected funds in order to develop a prototype that is presented before launching the full ICO at a later stage.
Consolidated legal questions
Advances that are being made in the legal field are like pieces of a mosaic — while they are not particularly spectacular by themselves, together they form the complete picture. Ongoing legal matters are additionally an unappreciative topic to write about — they can typically be made public long after they have been resolved and even then, more often than not, parts have to be omitted. Nevertheless, a lot of ICONOMI legal advances have been made public through questions raised by the community. For an easier overview, we have consolidated them into one post.
Under what framework are your funds and ICONOMI regulated?
Grouping ICONOMI activity under established terms devalues the scope of how revolutionary ICONOMI’s activities actually are and creates unnecessary concerns around whether or not a part of legislation is directly applicable to us. What ICONOMI is creating is unique to the extent that it does not fit within traditional regulatory frameworks — it is a completely new asset class.
We are nevertheless devoted to respecting the rule of law and are making every decision in good faith. For example, we will be implementing all best AML and KYC practices we developed while operating Cashila, which include respecting EU KYC/AML legislation and adding our own mechanisms on top; we are proactively monitoring global regulatory developments and researching numerous jurisdictions; we are speaking with financial regulatory bodies in several jurisdictions; we are monitoring EU, USA and other legislation and mutatis mutandis implementing relevant institutes, preparing ICONOMI for when regulators intervene in the crypto world.
ICONOMI has already launched two ICONOMI Digital Assets Arrays, the ICONOMI.performance and the ICONOMI.index, and will soon launch the Digital Assets Management Platform. The way ICONOMI products function is inherently different from any instrument, financial or otherwise, known today. In order to make our vision easier to understand, we have decided to draw parallels between the old and the new worlds. While these comparisons have served as a teaching aid, ICONOMI is staying firmly in the new world.
As the service operator, Cashila carries no legal liability over the assets, trades, dividends or anything else on the platform. Is that correct?
You are correct. The service operator carries no legal liability over the assets, trades, dividends or anything else on the platform.
However, there are two important notes to be made here. First, “Cashila” is not the service operator of ICONOMI — ICONOMI Inc. is. Second, ICONOMI Inc. as the first service operator is implementing rigorous security protocols for developing a very robust system in order to provide an impeccable technical solution. Furthermore, in addition to the technical solutions, security protocols are being developed on a more conceptual level. For example: how the keys for the cold storage multi-sig are handled, how accesses are strictly generated and monitored,….
Once you start paying dividends, it will need to be clearer to shareholders what the legal boundaries are within which you operate, at least from the USA and EU regulatory points of view.
This established term was used to make the properties of the new asset class that is being established by ICONOMI easier to understand to a broader audience. For a more detailed description, please refer to the first part of this post.
What is/will be ICONOMI’s legal definition? From Legal — part 1: “ICONOMI will seek its own juridical personality…” Can you comment on any legal entity that you are using?
The service operator of ICONOMI is ICONOMI Inc.
Are ICONOMI services available to US citizens?
Due to the uncertain legal system, ICONOMI services are not available to citizens of USA at the moment. As soon as a clear decision is made, these restrictions will be removed.
How will you create transparency to show that you treat all investors at arms-length?
Once the array vectors are set, everything is done automatically according to the code. The code is the law in the case of ICONOMI. Operations are executed automatically in real time, with clear priorities set by the code and, most importantly, without human intervention. This is the best guarantee that all investors will be treated at “arms-length”.
How will you demonstrate that you respect the principle of “best execution”, where a fund provider must credibly demonstrate that the transaction was executed to the best conditions available in the market at any given time?
Generally speaking, lots of issues from the traditional world are solved by the nature of digital assets and the way they are traded.
Best execution can be translated into transparency in terms of decision-making, what is defined by the algorithms, while in this world everything is recorded and is traceable through APIs.
Will there be anti-fraud security measures in place or is this trust dependent on who your open fund manager is ?
Yes, several anti-fraud measures will be enforced. For example, the most obvious one will be the prevention of frontrunning. It will be a continuous learning process. We will begin with a small control group and gradually expand in accordance with the feedback received. Security measures will be the same for all the assets on ICONOMI.
State of Digital Asset Management Platforms
Last week Melonport had one of the fastest crowd sales to date. In an Ethereum based crowd sale, they raised 227,000 eth in 2 minutes and 50 seconds. Together with ICONOMI’s ICO, also one of the most successful crowdfunds ever I think it’s safe to say the interest and expectations in this space are very high.
Now, ICONOMI and Melonport are both active in the same category — digital assets management. Besides these two projects, there are several other projects that are working on future products and platforms in this space. The other known projects in the space are summarized in the following table:Summary of current Asset Management Platforms
At this stage, none of these projects are direct competitors. None of the platforms are released yet, and for a foreseeable future our common goal will be to increase overall awareness and expand the market that we operate in. Our combined efforts in growing the possible market will by far outweigh the negative effects of being in competition for customers.
With the main three projects now funded (or ongoing ICO as is the case for Equibit), I’ll try to summarize some of the design choices, similarities and differences between the projects in order to get an overview of the current state of this space.
ICONOMI uses a traditional web application approach to build its digital assets management platform. Since similar web services have been built before (in traditional markets), this approach is much more predictable in terms of development work, technology and architectural design choices, costs etc.
Advantages: security, performance, upgradeability, control of the platform and time to market
Disadvantages: central point of failure, dependency on third-party services (exchanges etc)
A distributed system has no single point of failure. In Melonports case, all services run in an expandable system of different smart contracts on the Ethereum blockchain. This means that the capability and performance of the system will always be dependent on the blockchain the system runs on, in this case Ethereum. Since a system like this has never been developed before, the whole development process is filled with much more uncertainty. If successfully developed, this is a very interesting technology innovation and it will be very interesting to see what value it can bring to the space.
Advantages: No single point of failure, open ecosystem
Disadvantages: Performance, security, upgradeability, time to market, single blockchain (for now), dependency on third-party services (exchanges etc), platform costs (gas price)
Blockchain + distributed + centralized
Equibit is aiming to do something very interesting. They have identified the core needs to tokenize traditional equity and solves it by replacing the current single-trust system with a peer-to-peer network (see this article why that is needed). This network is built on an entirely new blockchain, with planned interoperability with Bitcoin. Trades on the network will be settled in a decentralized manner (no central node).
On top of this they plan to build a trading platform, and with the information available I understand this to be a centralized solution.
Advantages: Lower barrier of entry for traditional equity issuers
Disadvantages: Network effect, security, performance
By using traditional and proven technologies, the centralized approach of ICONOMI should yield much higher performance when clearing trades or interacting with exchanges, only limited by the underlying systems or APIs transaction limits.
By being reliant on a blockchain, Melonport and Equibit will have much slower systems that are capped by the block time and the global number of transactions included in each block on that blockchain. It’s possible there will be ways around this (perhaps using state channels), or that the performance of the blockchains will increase, but that is unclear at the moment.
The security benefit of a centralized platform is that the number of unknowns is vastly reduced. With a traditional service under tight control, well-proven development and testing strategies can be employed and the risks can be better predicted based on similar services in other markets.
The main downside of a centralized platform is the centralization itself, there is a single or a few points of failure and these will be dependent on off-blockchain services.
It’s hard to write secure smart contracts. In fact, it is extremely hard and because this is an entirely new area of software development there are few best practices in place and experienced developers and project leads are extremely rare. What is even worse from a security point of view is that once a smart contract is released it can be impossible to upgrade it, leading to potentially locked or lost funds/tokens if the contract is in control of these. Therefore, the development cycle of smart contract based systems is in the best case very unpredictable and prone to a lot of traps already solved in traditional development.
On the other hand, a well developed, secure and fully functional smart contract will be extremely powerful as it will work and exist for as long as the blockchain it resides on is functional.
Time to market
The design choices outlined above leads to two very different time frames from a development point of view. The more traditionally developed ICONOMI platform will make its first limited public release in about a month, and then gradually add on additional features over the coming months until the full platform is ready.
The decentralized solutions will have a much longer time to market. When the platforms are eventually released, they both require substantial efforts from other actors as well. Melonport will need others to create modules for the system and Equibit is dependent on companies issuing shares on their platform.
As outlined above, there are some pros and cons for each of the major design choices. What is even more interesting is the level of interoperability of the different platforms. As an example, Melonport is a free standing platform in itself but when operational and if it provides any benefits over the competing solutions it could also be used by ICONOMI as a backend service provider for several of the core services. Coindashworks on an even higher level, by aggregating information from all of these platforms.
This level of interoperability means that as these platforms are released and can be tested, each one of them will be evaluated for competitive advantage for cost, security and/or performance.
Going forward, it is important that different concepts are developed and tested. We will have faster-developed platforms — more centralized but using the current state of blockchain stability and capabilities and those fully exploiting the potential of smart contracts. The first ones will develop the market while the others will bring new paradigms to the world of asset management that will be beneficial for everyone. The new economy needs them all.
ICONOMI platform development completes major milestone
After sharing the initial version of the platform and ICONOMI.index Digital Asset Array™ (DAA) with alpha testers in the second half of December, we’re excited to announce that we have completed the next milestone and entered the beta testing phase. We have started to share access to the ICNX trading platform with the first registered beta testers.
As part of the beta test users will be able to deposit & withdraw funds from their account, and purchase & sell ICNX tokens.
Beta access to the ICNX trading platform will be rolled out gradually while we monitor the status of the platform. How long it will be until all the users have access to ICNX trading features depends on many factors, including external ones — for example, scaling up the number of users during a calm market period could lead to issues when the market breaks or pumps.
Users that applied for the beta testing program will be added first, then investors based on the amount invested in the ICO, and then everybody else.
We are imposing certain limitations during the beta test:
- A 1.5 BTC daily trading limit
- Withdrawal of ICNX tokens will be disabled to prevent secondary market sales (a person with access to the platform could be moving ICNX off the platform and sell them elsewhere).
We’re also including a screenshot of the platform below.