AFTER ICONOMI ICO — UPDATE #1

Jaka Mele
ICONOMI
Published in
2 min readOct 6, 2016

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Our team is expanding daily, so we have moved into a new office with enough space to accommodate all of us.

Work actually started even before the ICO ended — one of the things to back up this claim is ICNX — the ICONOMI cryptocurrencies index (check out https://icnx.iconomi.net). ICNX is already being published daily in Slovenia’s (where we come from) biggest business newspaper “Finance”. Testing the mainstream market and exposing the old economy guys to numbers that are not in red all the time.

The technical team is preparing everything for the launch of ICN tokens. All our efforts right now are going in the direction of getting things done, and to have ICN genesis ready pretty much on time. Fiat investments are still arriving therefore we have decided to wait a few more days before token release. Since the tenth day after ICO close falls on Sunday the final date for ICN tokens release will be Tuesday 11 October 2016. Please note that if current Ethereum network problems persist, the ICN tokens genesis might be additionally delayed while we wait for a stable network.

From today, you can prepare your account for the withdrawal of ICN tokens. Please bear in mind, that there are some security steps you have to complete first. We require that all accounts accessing ICN tokens have enabled two-factor authentication (2FA). Investors who have deposited more than 1000 eur in fiat, will also have to complete a KYC identification verification.

Of course, you are also welcome to leave your ICN tokens on ICONOMI’s platform, which might be the safest choice, if you are not tech savvy.

All Investors will be additionally contacted by email with step-by-step instructions on how to handle ICN tokens within Ethereum wallet, understandable also for those new to crypto.

As mentioned before, we are still waiting for the last few fiat wires to clear. During the weekend the total raised capital amount will be finalised. The USD counter on ICO website will be recalculated afterwards, and we will publish exact calculations and everything else to the final decimal. There are 18 decimals.

There won’t be exchange updates, as we are under NDAs. When any exchange announces ICN trading, you will hear from them.

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Jaka Mele
ICONOMI

In the decentralized, trust-less, digital assets we trust.