ICONOMI is an Ethereum-based project that offers tokenized index funds. The Slovenia-based project characterizes itself as “one of the most appealing business proposals of 2016 with its high probability of investment multiplication.” ICONOMI also promises "low volatility with high profits" through three product offerings. The first, ICONOMI.INDEX, will include tokens, such as Bitcoin, Ethereum, Lisk and Steem. The second, ICONOMI.PERFORMANCE FUND, will be an actively managed fund that "will aim at high performance - multiplication of investment." The third, ICONOMI Open Fund Management (OFM), is a platform that enables users to create their own actively managed investment funds. In May 2017, ICONOMI announced a token buyback program.