ICONOMI, a fund management platform for blockchains and cryptocurrencies, has announced that early access to the ICONOMI.index fund will be given to the first public testers on 21 December while the ICONOMI Open Fund Management Platform (OFMP) outline will come to life on 28 December 2016.

The latest announcement follows the launch of ICONOMI.performance fund on 13 November. Tim Mitja Zagar, co-founder of Cashila and ICONOMI, made the announcement in a blog post on Medium.

In May, Cashila announced the launch of ICONOMI – a platform to buy, sell and store ether, the cryptocurrency of the Ethereum project.

“From the very beginning of the ICONOMI project, we have been working intensively to deliver on two promises — first, to launch our two investment funds ICONOMI.index and ICONOMI.performance before the end of 2016; and second, to deploy a fully-featured Open Fund Management Platform (OFMP) in 2017”, Zagar said.

He further said that the ICONOMI.performance fund currently holds over $4 million of assets and plans to invest in 3-5 new ICOs in the forthcoming months. Notably, as ICONOMI is the sole investor into ICONOMI.performance, all realized profits will directly benefit ICONOMI shareholders.

In addition, the ICONOMI cryptocurrencies index — ICNX was introduced in September, which measures the performance of cryptocurrencies that meet transparent eligibility criteria. Zagar said that in the past couple of months the team has refined ICNX’s methodology, expanded on the rules, and fine-tuned its structure.

“ICNX today represents a mature and robust cryptocurrency instrument, one we believe is ready to be transformed into a fully-featured investment fund”, he added. “On 21 December early access to the ICONOMI.index fund will be given to the first public testers, followed by all ICO investors a few days later. All users will be able to buy into the real fund with deposited BTC and ETH. Daily limits will be progressively raised and later lifted. Full public availability and the official launch of the ICONOMI.index fund will be on 28 December.”

In addition, Zagar said that the OFMP outline will come to life on 28 December. He explained that users will initially only see the screens through which they can buy, sell, withdraw, and deposit funds. However, he said that most of the backend functions are already in place.

“We would like to inform all interested fund managers that the ICONOMI Open Fund Management Platform will be ready earlier than planned”, he said. “Therefore, we are inviting them to start using the platform now in order to familiarise themselves with all the functions and to get up to speed with its development.”