Initial Token Offerings or as they are popularly called Initial Coin Offerings (ICOs), are the engine that raise much needed funding for Blockchain based startups. An ICO is basically a pre-specified period when all tokens being offered by a company are sold off both in Private and Public sales.
The trend blew up after the wildly successful Ethereum Initial Coin Offering and since then, has been spreading like wildfire across the Cryptocurrency Ecosystem.
Billions of dollars have been raised globally from successfully completed ICOs, completely blowing away Venture Capital many times over. However, as exciting as ICOs have become in recent years, they are not without risks and discrepancies.
Many projects pack up and get cancelled before they can even complete their ICO due to inability to meet the soft capitalization talk more of the hard capitalization.
Others are unnecessarily delayed and end up loosing steam and eventually interest of the potential investors along the way due to improper handling by an inexperienced team. In fact, some of these ICOs start out as rushed projects without adequate planning and a quality market strategy being formulated, thus, they end up crash landing before they even begin.
The truth is, the journey to a successful ICO begins with an effective marketing team that has a concise idea of how to exploit the market with a good business model.
The Collective is tapping into their deep wealth of knowledge and expertise to revolutionize the ICO niche and breathe new life into your Blockchain project. The vision transcends the success of a single Blockchain project but reaches into a future where the entire Cryptoeconomy is united in a single ecosystem that caters to every need of both project owners and the average crypto holder.
The Collective achieves this under 4 major arms of operation which are :
Providing extensive and efficient community management that professionally projects your Initial Coin Offering to a community of investors
A Decentralized Exchange
A Centralized Exchange
A rewards based Augmented Reality mobile game.
The Collective is not just another blockchain project with big dreams on a whitepaper, the company already has clients that these services are rendered to such as Javvy, Levolution and Chaincreator.
Community Management
There will always be demand for great ICOs, so professional community management is imperative for a successful token sale if you need to completely capture the interest of your potential investors. The Collective's goal will be to connect your ICO to the target market and keep them engaged throughout the period of your token sale, because in the business of ICOs, the investors are king.
The Collective personnel will be focused on acquiring the trust of your community, offering 24 hour technical insight into your project to potential investors and answering every question that needs to put their hearts at ease.
This is usually where most projects go wrong in their token sales, with little to no attention given to participants who are genuinely curious about the project's details. This is an area where the Collective steps in and organically builds and engages a highly interactive community of participants and investors alike.
Influencers are people who can directly affect the purchasing decisions of their millions of followers across various social networks and have been used as powerful tools of marketing in present times, the Collective aims to tap into the social network following of major industry Influencers to provide maximum exposure for your ICO.
Bounty hunters are also another efficient tool that have been utilized to help ICOs reach the public by promoting the token sale on their social media handles in exchange for tokens or altcoins, the Collective will organize professionally structured campaigns to create a strengthened audience for your ICO.
The Collective has a strict policy against scam ICOs and carries out in depth analysis of all projects to be managed. Weekly fees charged by The Collective are collected in the ICOs tokens.
The Community Development Decentralized Exchange (CDEX)
The growth in the number of cryptocurrency assets entering the market daily has led to an increase in daily cryptocurrency trading and exchanges coming up everyday to keep up with global demand.
Decentralized exchanges promote purely peer-to-peer cryptocurrency trading on the Blockchain that is not coordinated by a central entity. These decentralized exchanges do not hold customer funds or order books,they are merely the matching layer for trade orders and nothing more.
Decentralized exchanges put the users in complete control of their profit and price margins and are not susceptible to market manipulation. The Collective Decentralized Exchange (CDEX) offers these services and much more.
Most projects even after a successful ICO end up not getting listed on exchanges due to ridiculously high fees that are charged by exchanges for token listing. When The Collective successfully completes an ICO project management, these projects now have a chance to be listed free of charge on the CDEX platform.
These projects however must be vetted by The Collective team based on various factors and pass through due diligence before they are approved for free listing on CDEX.
Users are charged 0.3% transaction fees for all successful transactions carried out on the CDEX platform.
Get a first hand impression of CDEX here: http://cdex.thecollectivegroup.org/
TraderOne Centralised Exchange
Centralised exchanges on the other hand are the most convenient and widely used by most traders. They are modelled like traditional financial exchanges and are controlled by a single entity.
TraderOne has a variety of features that sets it apart from any other exchange in use today. It provides a stable, sophisticated and reliable environment for new traders and experts alike.
Newbie traders on the platform can benefit from the "Copy trading" feature which lets them learn from signals of expert traders or simply integrate the high-performance API into 3rd party applications.
TraderOne takes security very seriously and takes extra steps to guarantee complete safety of customer data and digital assets. TraderOne stores majority of customer assets in offline cold storage with ability to retrieve them instantaneously.
A minimal fee of 0.5% is charged for all successful exchange transactions on the platform. TraderOne is also open to listing promising cryptocurrencies on the platform.
Detailed information is available in the official whitepaper: https://www.thecollectivegroup.org/ico/WP_Collective.pdf
CollectiveGo:
Gaming has gone beyond entertainment and has become a culture amongst players. Mobile games however have a major share of the global gaming industry and their potential has continued to grow overtime.
With the introduction of Augmented Reality, users can now enjoy a rich gaming experience with an interactive world that completely captivates their attention for hours on end.
The CollectiveGo combines the Blockchain with Augmented Reality to provide a seamless gaming experience that promises to exceed the capabilities of currently available mobile games.
Augmented reality will immerse the player into a world that is merged with reality and interact with the environment in such a realistic way that is bound to keep the user fully engaged.
CollectiveGo will be built on the Blockchain technology so this will bring further exposure and understanding to the mainstream about Cryptocurrencies. Game players will have the opportunity to earn in-game valuable crypto assets that will be delivered to their wallets, this is a great opportunity to gain a widespread audience of fresh investors into your token sale or cryptocurrency.
The CDEX token functionality
The CDEX token is the fuel that powers the entire Collective ecosystem. It is an ERC20 compliant token issued by The Collective and can be used for payments and purchases with strong utility cases.
CDEX tokens are the only accepted currency for buying advertisement rights on the CollectiveGo mobile game. Only CDEX token holders are offered a discounted rate for listing their projects on the TraderOne exchange. They're also used to reward loyalty and active trading activities of users on TraderOne.
Community management services can be subscribed for, using CDEX tokens and lastly holders of CDEX tokens have the advantage of special 50% discounts on all exchange transactions on the CDEX decentralised exchange.
As an ERC20 token, it is tradable on exchanges and can be stored in Ethereum wallets. A token sale is currently in progress at: https://www.thecollectivegroup.org/ico/
The Roadmap
The Team Behind The Collective
In Conclusion
Cryptocurrencies continue to raise growing interest in the promise they hold and The Collective will lead the industry forward toward expansion of the global cryptocurrency network.
The Collective Global Initiative aims to foster collaboration and promote alliance across blockchain platforms globally to bring much needed value to the Crypto ecosystem as a whole.
The Collective believes that improving the health of the Crypto economy will accelerate innovation in Blockchain projects and research thereby encouraging free flow of ideas between companies, cryptocurrency holders and developers alike.
The Collective has a stellar track record and has successfully launched a total of 15 ICOs and raised over 45 million dollars so far, this a real company solving real problems and assisting with the seamless onboarding of newcomers to the Crypto space. They have proved that their vision is not far fetched and I am eagerly looking forward to what the future holds for this disruptive company.
Website: https://www.thecollectivegroup.org/
Whitepaper: https://www.thecollectivegroup.org/ico/WP_Collective.pdf
Instagram: https://instagram.com/thecollectivego?utm_source=ig_profile_share&igshid=swl04js8rjqa
Linkedin: https://www.linkedin.com/company/the-collectivego
Twitter: https://twitter.com/TheCollectiveGo
Facebook: https://www.facebook.com/groups/1176407375842141/
Telegram : https://t.me/thecollectivego
Author's Bounty0x username: Cryptovixen192
Well articulated piece. You literally explained everything about the Collective project. For days on telegram I have been view post about the Collective every where, and I think this is a great project that needs to show case it vision in the blockchain industry
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A nicely written article on the collective project. Ome of the few project with a real usecase and an MVP readily available.
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This is a good project, a great opportunity to increase your profits. I will support and recommend this project to everyone. Good luck to the team.
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The collective project would really be of great help to many upcoming crypto projects that find it difficult running their ico
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