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RE: ICONOMI Cryptocurrency Index Fund currently has Steem as No3 CryptoCurrency Holding...

in #iconomi8 years ago (edited)

Know how they're calculating the amount of ICNs given? Threw some eths/btcs in there, and the numbers are still adjusting (mostly shrinking) after the ICO ended yesterday..

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I hadn't been looking too closely to that @kevinwong. There was some problems with payments coming through from Coinbase, so I know the total raised has been increasing (as certain people prove they sent payment before the deadline), just had a quick look, and It's gone up $200,000 this afternoon.... ICONOMI tweeted about it yesterday.

Also, ICNs are an equity ownership stake, and there are a set amount of them. So every cent which the raise increases, your amount of tokens, and thus % ownership falls...

Percentaged stake - thats what Im aware of, just wondering why is it still progressively shrinking even after the ICO has ended. Looks like there are still some processes which are ongoing..

IMO, being 3rd in the list is certainly good news and sure to put Steem back up on people's radar, especially after the market cap has dipped below 3rd place in the cryptomarket cap..

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