Cryptoinvestment - the popular tool which was based with a boom of ICO projects on Ethereum blockchain in 2017. In this connection this niche has involved mass influx of the swindlers who have guessed an easy money. Hackers who used vulnerabilities in systems for extraction of cryptocurrencies into the accounts with their further washing by means of the unlicensed exchanges have come for them.
In accordance with the metric used by the TokenData team in 2017 through ICO more than $5,6 billion have been attracted. For comparison, the venture companies invested in a blockchain startups $1 billion and the same primary offers of coins, in the 2016th the previous year, have collected $240 million.
When calculating groups of analysts of Fabric Ventures and TokenData it has become clear that 435 (48%) successful ICO in 913 attempts in 2017. And other 52% have appeared or a frank skam or teams couldn't reach uniform agreement and organize realization of goals.
Average amount of the raised funds was $12,7 million for one project. In the report it is also noted that in total 10 largest tokenseyl have collected almost up to $1,4 billion that makes about 25% of the total amount of the capital attracted in 2017.
Having compared figures and progress of financial technical-startups which nevertheless could begin implementation of the projects, it is possible to draw an unambiguous conclusion that it is very favorable to invest in ICO even for the small investor. But it doesn't save us from huge risks to get on the next swindlers who look for an easy money. Yes regulation from the governments bear both negative and positive character depending on the concrete country. But it only does swindlers by more inventive in approach to money of investors.
Iconiq Lab is the decentralized club of venture investors and an accelerator of primary offer of coins. The club gives an opportunity to community and to participants of ICO to use ready procedures of due discretion and development to choose what real and steady business solutions will be released by means of an accelerator to take part in ICO through ICNQ token.
Iconiq Lab - the portfolio company and the strategic partner of FinLab AG, the German public investor of Fintech and the founder of the company.
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How Can Iconiq Lab Help?
Within the cryptocurrency world, reputation matters and to gain it takes a lot of push to develop even the most basic of your ICO venture. For Iconiq Lab, there are multiple ways it could prove beneficial for the cryptocurrency world.
- Iconiq Lab provides performance metrics for establishing ICO and token effectiveness
- It also connects the startups to advisors for their strategy and development to lend the legitimacy of their projects.
- Iconiq Lab also offers the opportunity for the ICOs to get visibility with the impressive construction of all the essential functions
In New York the office of the company will get to work in May in June to open set of potential participants and in September to start the first flow of the projects selected for support. Dominic Ward known on work in network Startupbootcamp startup accelerators will become the managing director of the program in the USA he already forms team.
Singapore plans to open office in July and the start of the program is appointed to November of this year. At present for this branch search for the venture capitalist operating with experience.
We will remind that according to a research of the Satis Group LLC company, 80% of ICO with capitalization not less than $50 million are skamy and the stage of trade in tokens at the exchange is reached only by 8%.
Overview
Details
Token Symbol: ICNQ
Crowdsale Token Price: $ 1.00
Hard Cap: $ 11,000,000
Total Tokens Sold: 15,000,000 (75% of Total Supply)
Crowdsale Date: April 15 - May 31
Iconiq Lab Verdict
Iconiq Lab seems like an excellent and straightforward accelerator for preparing blockchain startups with seed funding and other essential services. And with more ICOs coming up, the platform could raise the terms and quality of ICOs. The final case is that everyone stands to gain.All-in-all, it is worth mentioning that there is regulation with blockchain venture and Iconiq Lab is at the center of the emerging trend. Whatever the outcomes, there stands an incredible potential with Iconiq Lab, and it could provide a new paradigm and change the world of startups.
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Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1058023
ERC-20: 0xED89d18D66133d7e3920c965cF4939012Bee7a7C