2018 Monthly Update II

Tjasa Tolj
ICONOMI
Published in
6 min readMar 15, 2018

Welcome to the latest edition of the ICONOMI Monthly Update series. This month we introduced fees payable in ICN, released an Android update, added new supported countries for verification, and much more.

We have a wide range of events planned for the coming months. There are still a few seats left for our next event in London on March 29, so be sure to sign up in time!

New DAA Managers and DAA Insights

New DAA Managers

  • JJK’s JJK Crypto Assets (JJK) DAA, composed of experts with many years of experience in the fields of finance and software engineering, aims for a balance between lower-risk assets and those with high growth potential.
  • Cain Ransbottyn of Trade.be’s TRADE DAA limits exposure to bitcoin, promoting sustainable, undervalued altcoins with huge potential.
  • Phoenix Decentralized Solutions’ Phoenix Paradigm Indicator (PPI) DAA is comprised of assets expected to be part of a long-lasting foundation in the blockchain economy and looks toward a future in which a financial paradigm shift of tectonic proportions toward decentralization takes place.

DAA Insights

  • Juraj Bilik, Juraj Hlista and Karol Skocik of JJK Crypto Assets explored the innovative potential of blockchain, the growing crypto scene in Slovakia, and more.
  • Ian Love of Blockchain Easy Access (BEA) discussed blockchain’s potential to disrupt and even replace existing “real world” businesses, the relationship between blockchain and government, and other topics.

Events & Media

We have created a new events page to help you stay up to date with upcoming events. After London, our next Meet the Managers event will be taking place in Madrid. Keep an eye on our events page to find out when ICONOMI will be coming to a city near you!

Conferences Attended

  • ICONOMI attended the 7th Annual European Family Office Winter Symposium from February 26–27 in London. The symposium demonstrated that while blockchain understanding remains low, awareness is growing rapidly. ICONOMI representatives made many new connections and relationships, developing a base for long-term cooperation.
  • Matej Tomazin, ICONOMI COO, spoke at Moje Finance’s event in Ljubljana, which focused on the future of financing entrepreneurial ideas and investing money.
ICONOMI COO Matej Tomazin and Jure Sutar of our DAA department networking at the European Family Office Winter Symposium in London.

Upcoming Blockchain Conferences

In April, ICONOMI will attend Prestel and Partner’s Family Office Forum in Wiesbaden, where company leaders will present ICONOMI to a broader, traditional audience.

ICONOMI Meet the Managers Event

Following the success of our first Meet the Managers event in Vienna, we will be hosting further events around the world, beginning in London on March 29. Don’t miss your chance to connect with other leading industry figures and join us in London!

ICONOMI in the Media

Colin Harper of CoinCentral, Jean-Pierre Buntinx of The Merkle, and Blockchain Relations produced well-researched overviews of ICONOMI:

“..this new Digital Assets Management Platform is an intriguing technical service suited for novice investors, veteran traders, and blockchain experts alike.”

Read full article in The Merkle>>

“…the average individual can benefit from investment practices that used to exist solely for the elite and economically privileged.”

Read full article in CoinCentral>>

“A DAA allows anyone to instantly diversify funds across a wide selection of digital assets available on ICONOMI’s platform in seconds.”

Read full article in Blockchain Relations>>

If you have written a piece about ICONOMI, send it to press@iconomi.com and let us know; if it meets our criteria, we’ll mention it in our next Monthly Update.

New Features & Releases

We introduced fees payable in ICN for DAA creation, rebalancing, and tokenization. To read more about these fees and about our new buyback system, read our full blog post.

We will introduce DAA creation and rebalancing fees in May, together with a new back-end features related to these aspects of the platform. DAA tokenization fees will be introduced in April, and the adjusted buyback system will take effect on July 1.

With the most recent Android app update, Android users can now verify for Tier 1 directly on their phones. Download the updated app in the Play Store.

Android App Update

Verifying through the ICONOMI mobile apps is a much easier and more efficient process for our users, and we recommend it over verifying through browser access.

For the smoothest experience, please follow our recommendations and pointers for successfully verifying for Tier 1 verification.

New Supported Countries

Fourteen new countries are now supported for Tier 2 verification on the ICONOMI platform (Angola, Australia, Bolivia, Dominican Republic, Honduras, India, Indonesia, Malaysia, Namibia, Pakistan, Philippines, Senegal, Taiwan, and Thailand), bringing the total supported countries for Tier 2 to 63. Read more in our blog post.

Two-Factor Authentication for Withdrawals

Withdrawal 2FA allows users to divide authentication across two separate devices: one device can be used for login 2FA, and another device can be used for withdrawal 2FA, ensuring no single point of failure. It is especially applicable for company accounts, allowing these two roles to be split between two different people.

Withdrawal 2FA adds a second layer of protection for assets stored on the ICONOMI platform. We always stress the importance of keeping your assets safe, and features like this really make a difference.

Read our Knowledge Base article to learn how to protect your assets further.

Community

Rocket.Chat

Last month, we successfully migrated from Slack to Rocket.Chat. To join the conversation, visit our #public channel, click “SIGN IN TO START TALKING” in the lower left corner of the screen, then click “Register a new account” and fill in the form.

Q&A Session

Once again, we will be answering your questions and taking time to discuss our current and future plans with our community during our March Reddit AMA. Be sure to join us on Wednesday, March 21 at 5pm CET! Read our previous Reddit Q&A here.

What’s Next?

New features for Android app

We are currently developing Tier 2 verification and an activity section for the Android app. We would like to hear your input on which Android app features you want to see implemented first:

  1. Buy/sell feature
  2. Widgets: Display DAA prices or other statistics on your home screen

Feel free to comment your preference below or on Reddit. We’ll decide which feature to implement first based on your feedback!

--

--

Tjasa Tolj
ICONOMI

Marketing & Communication specialist @iconominet