The first global platform to manage funds in a decentralized economy is the result of Slovenian knowledge. Iconomi platform will collect virtual money enabled “investment”.
Young Slovenian startup company Iconomi launches today to collect seed capital to new forms of grassroots fundraising ICO (Initial Coin Offering). They intend to collect one million euros. Explaining that the mass collection was chosen because traditional ways of startups raising money take a lot of energy, so entrepreneurs can not devote enough ideas for your business.
In Iconomi with massive funding they will not be collected classic money, but virtual money investors, which will in return for a contribution of acquired companies share. Iconomi could thus become a precedent for funding other ambitious projects, which operate on the principle of decentralized economy.
What is a decentralized economy?
A decentralized economy based on a technology chain of data blocks and exceptional growth. It is a kind of track data from beginning to end, subscribers to ensure that they are not counterfeit. They are increasingly heated banks, stock exchanges, state administration, political parties ...
It seems that the virtual currency bitcoin, and as their most visible representative of the first step towards the decentralization of financial services and the overall economy. This is evidenced by venture capital firms that invest more and more in companies developing hardware for operating digital currencies. When this development will achieve a satisfactory user level, people will not care or do business with Bitcoin or any other altcoin, it will be important that it is easy and cheap, experts predict.
Iconomi is run by the Cashila exchange, which provides a fast and secure way to purchase Bitcoins for European customers.
Iconomi’s Open Fund Management platform will allow users to attain profits by investing in hedge funds created by experienced traders, that provides full disclosure on the past and current trading performances. Investors will also have an array of trading and investment tools at their disposal.
There will be two types of investment funds: Coin Traded Funds (CTFs) and Coin Managed Funds (CMFs). CTFs will be “low-risk” investment pools that will focus on technical analysis and tools to achieve steady profits from low volatile crypto assets, while CMFs will focus on emerging technologies and ICOs, making them a “riskier investment”.
ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy. It will do so through a simple and trustworthy entry point, providing them with an excellent experience, which is crucial for keeping them investing in the new economy.
ICONOMI is creating the missing link between the old and the new economy. Speaking the language of the old economy and acting by the principles of the new one, ICONOMI’s transparent management will be provided by an EU legislation compliant and regulated service operator.