This is a risky investment. You could lose money, and there is no guarantee of investment returns. This should not be construed as professional investment advice. Don’t invest more than you can lose.
Today, I want to discuss a new investment with you, my readers. This is in the cryptocurrency space. This is a significantly high risk-high return opportunity that isn’t suitable for everyone. It is higher risk than what you’re used to with stocks and even options, but a correspondingly higher payoff probability.
ICONOMI is the hottest new ICO in town. For those who are unaware, an ICO, or an Initial Coin Offering is the process by which new projects in the crypto space bootstrap with investor money, by selling access tokens to their network to investors. The money is then used to build the promised project by hiring developers, marketing, and business development people. If the network becomes more valuable in time, you profit with that. If it becomes less valuable, you lose along with the network. It has a symmetric loss/gain profile, but of course the loss is capped at 100%. There is no cap on the gains. Therefore it is an asymmetric risk/return profile.
So today, I want to discuss ICONOMI ICO. You can invest in this via US Dollar, Euros, or even cryptocurrency like Bitcoin. Most projects in the crypto space are funded via Bitcoin (BTC) because they are promoted by and to the people in the crypto space. But not ICONOMI. They have raised over 25% in regular currencies of EUR and USD, and the rest via cryptocurrencies.
So why should you consider investing in this project? Because of the potential payouts. It is a decentralized fund management system, which has both index-like and hedge fund like assets. Other investors can passively or actively invest in these funds and gain exposure to cryptocurrencies as an asset class. And here’s the kicker – the more other people buy these funds, the more you, as an investor in ICONOMI will get paid. The services are sticky. The fees are recurring and yearly. The dividends are weekly. It is an ideal investment vehicle if you think the broader cryptocurrency world will gain in popularity with the more mainstream investors.
If you want to look at a typical use case, think of it this way – say you’re someone who has no idea about cryptocurrencies in general and don’t want to go around managing private keys and downloading software and wallets. It is a high barrier to entry. But you don’t mind investing say 1% of your wealth in cryptocurrencies. Today, there is no way to do this. However, with ICONOMI, you can. That’s the big value proposition.
So think about this investment. Remember, high risk, high return potential. Never invest more than you can afford to lose.
Photo Credit: Flickr
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