What is ICNQ Iconic Lab?

[Anonymous No.21439717]

>Iconic Funds GmbH is the holding company of various subsidiaries. The subsidiaries are issuers and managers of crypto asset index investment vehicles.
>Investment vehicles launched by Iconic Funds’ subsidiaries pay 20% of their asset management fees to Iconic in ICNQ tokens purchased off the open market. All tokens paid by the vehicles to Iconic are burned.
>ICON Holders gain access to exclusive fund share classes for some investment vehicles which have a 50% reduction on management fees.


Today Iconic Funds parterned with a financial institution called Enigma Securities https://www.streetinsider.com/PRNewswire/Iconic+Holding%27s+Multi-manager+Platform+Partners+With+Enigma+Securities/17185578.html

Last month they parterned with, and will launch their products together with the hedgefund NapoleonX https://www.youtube.com/watch?v=Ryr0z4LdUlo [Embed] [Embed] to run bots, market making strategies and general crypto trading effors

It also closed a 4M series A round 2 weeks ago, showing the confidence of institutional investors in the product and platform https://iconicholding.com/iconic-holding-closes-its-series-a-financing-round/

>Iconic’s Multi-Manager platform enables up-and-coming crypto asset managers to leverage Iconic’s own infrastructure and network to launch an investment fund cheaply and quickly for their own active crypto investment strategy. Iconic announced Napoleon Asset Management as the first asset manager to join the platform last month and is actively sourcing new managers to join the platform.

as of last week, ICNQ-ETH and ICNQ-UBT pairs exists on uniswap , for buyers to easily purchase those tokens https://uniswap.info/token/0xb3e2cb7cccfe139f8ff84013823bf22da6b6390a

[Anonymous No.21439750]

>>21439717
They also have a popular reoccuring web podcast series called blockchat, including popular know names such as

- Paolo Ardiono, Bitfinex
- Drew Robinson, Coinbase
- Cameron Dicke, B2C2
- Nicholas Merten, Datadash
- Philip Gradwell, Chainanalysis

Apart from that, Iconic Funds seed invested and helped to launch UniBright, which today announced a Coca Cola Company partnership, and is also the biggest holder of the UBT token. Among the other investmets, there is Captain Bitcoin(CAPT), one of the most popular crypto apps which make you earn CAPT tokens by watching educational videos. They are expected to list at Huobi the coming weeks

There is currently very low liquidity for the ICNQ token at IDEX https://idex.market/eth/icnq, but as per telegram announcement last friday, an Uniswap token listing is coming this week

Together with the BTC, ETH, XRP and BCH ETNs(exchange traded notes), 2020-07-10, a UBT ETN was registered at the german business registry. This means, institutions and normal traders will be able to expose themselves to the UBT token with just using their normal exchanges throughout Europe