What Is Iconomi?

in cryptocurrency •  7 years ago 

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Decentralized TV asks viewers what is Iconomi. Digital assets investing a thing? Or too early? Is it Iconomi something that you should be paying attention to? What's the deal?

I think the best comment is from YT user ServantOfNone

Iconomi is good for a beginner or non-technical user where a novice crypto investor can take part in investing in 15-30 solid different crypto coins with only paying a small management fee of 1.5 - 3%. On a fund. People would spend more on trading fees buying 15-20 different coins and trying to manage & balance them. Its also important to note that these funds tokenized as ERC20 tokens. So you can actually store a fund on your hardwallets.

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Linear Talk: All Thing Crypto and Columbus
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I think a fee of 1.5-3% is still quite steep. But I admit I have not thoroughly read up on this coin/app/service.

Well, the fee depends on DAA managers. They consider it a fee for their DAA.

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