ICONIC — SteemCN

BACKGROUND

Iconic's ecosystem presents itself as the most complete in the market to successfully go into an effervescent and competitive industry by covering all probable phases of an ICO: the offering of electronic assets (tokens); the trading of marketed assets; and the essential instruments to guarantee compliance with promises and responsibilities.

ECOSYSTEM

Iconic was started with a very clear operation in mind: the establishment of an integral ecosystem for the realization of ICOs, in which the initiation and raising of resources for a project, with the subsequent sale in a secondary market, do not represent the termination but the commencement of all. By the combination of three distinctive but interconnected and interacting elements, the Iconic ecosystem is formed:

• Environment
Presented in a simple, easy and interactive structure, the Iconic Environment joins prospective projects with potential stakeholders to contribute and follow-up on the offerings.

• Trading
The Iconic Trading provides a dynamic space for selling and buying electronic assets (tokens) acquired through Iconic Environment, being a significant channel to offer quick liquidity to the primary investors and the possibility of continuous trade of tokens as each project progresses itself.

• Assurance
The Assurance embodies the unmatched differential of Iconic. By this, Iconic gives the chance to have offerings with the intermediation of reliable third parties; the authority to request for audits in the projects; and the potential to settle down conflicts of interest to make sure the fulfillment of each offer's promises and responsibilities.

THE COIN
Task of starting a complete environment for the development of ICOs pointed the need to generate a coin-token to aid all the internal functions of the ecosystem and that could, at the same time, also function as an instrument for the whole structure of formation and expansion of Iconic to numerous markets. The Iconic's own cryptocurrency NIC, was produced having that in mind. As it is vital to the Iconic project, the NIC has numerous benefits within its ecosystem.

DAO NIC FUND
Iconic will support NICs by a fund which will own 35% out of the company's net income in order to provide the strength and solidity. The NIC's ballast grows permanently by adding value and constancy to the currency by adding each accounting period the equivalent of 35% out of the net income in already consolidated cryptocurrencies and Iconic's project tokens. Apart from the quantitative rise, whenever the assets of the fund value - whether they are cryptocurrencies or project tokens launched by Iconic - a valuation of the NIC's base will be faced, which means its own valuation.

PROJECT - ICONIC, and ICOs ecosystem built through decentralized assurance
TOKEN - NIC
TOKEN BACKGROUND - ERC20 on Ethereum Blockchain
TOKEN TOTAL NUMBER - 500,000,000
MIN NUMBER SOLD - 85,000,000
MAX NUMBER SOLD - 425,000,000
% SOLD AT ICO AND PRE- 85%
TOKEN PRICE AT ICO - 1 ETH = 30,310 NIC
PAYMENT METHODS - ETH
SCHEDULE - PRE-ICO 02/08/2018 • 02/20/2018 | ICO 03/15/2018 • 04/15/2018
UNSOLD TOKENS - Destroyed 72 hours after ICO finish
ESCROW - Multisigned account with independent and inconspicuous management
REPOSITION - No
TOKEN BALLAST - 35% of net profit to the DAO NIC Fund