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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19245515 No.19245515 [Reply] [Original]

Why is the top wallet of UBT owned by Iconiq Lab, a token accelerator, still? Why have they been creating german business registry ETNs for LEO, EOS, BCH and so on?

Why didn't they sell their investment into this 20x bagger yet? Almost like they waiting for something

>> No.19245860

They invested in UBT early on and helped them to start up.
They’ll sell sooner or later, maybe after an UBT ETN.

>> No.19245911

>>19245515

Because iconic is the great sleeper of 2020, i’ve been ackunulating since october 2018. Sorry to say it guys but i’m gonna make it.

>> No.19245921

>>19245911
And i forgot the best part.
BURGERS CAN’T BUY!

>> No.19246082

>>19245911
>>19245921
they can buy on uniswap. Rumour has it it's coming in 2 weeks

>> No.19246101

>>19245911
I'm screen grabbing all of these to post in a few months time after ICNQ does a 20x and people here ask why no one ever spoke about this. This has UBT style run all over it but everyone here just shills shitcoins talking about "the next UBT" when THESE FUCKERS LITERALLY FUNDED UBT AND OWN MILLIONS OF UBT THEMSELVES AS PAYMENT, YOU THINK THEY WON'T PUMP ??? I give up on biz, honestly. They just see low volume and go nope

>> No.19246211
File: 684 KB, 1705x872, 1589818622663.png [View same] [iqdb] [saucenao] [google]
19246211

>>19246101
literally this. They also had Bitfinex, Kraken and Binance guys on their podcast and virtual drinking events

This is probably so way above biz to understand who only FOMOs into indian scam partnerships pumped by CZ and Fiverr paid shills, but they are the ones missing out so couldn't really care less

>> No.19246776

>>19246211
They'll FOMO after it does a 10x then just doesn't stop like UBT

>> No.19246963

Why would their token pump, is it in any way connected to the growth of companies they help?

>> No.19247009
File: 532 KB, 582x588, 1590064272722.png [View same] [iqdb] [saucenao] [google]
19247009

>>19246963
* Companies need to pay the 20% management fee in ICNQ

* The ones utilizing the ETNs, needs to pay that fee with a PIF buy fee, something like 2% per asset value managed, every month. This is very low right know, around 3 ETH per month, but this makes it easy to deduct the AUM is very low. Then the ETNs get listed and family offices and institutions gets access to this, I look at a minimum of 500 ETH worth burned per month