Welcome to SIO Episode 7: @charlieshrem Goes Mainstreet!

You have exactly 14 days and 6 hours to get your finances in order(you will not want to miss this ITO)! 2016 was the year of the ICO in digital currency and 2017 will possibly be the year of investment funds. Iconomi is set to launch early this year and you may have missed the boat on the ICO in 2016. While I would suggest that Iconomi is still a buy at $.34, I would urge you to get in on the ground floor when possible. Mainstreet Investment LP will offer you the opportunity to do so. While both tokens both run on the Ethereum blockchain, Iconomi appears to stay at home in the digital currency space. Meanwhile, Mainstreet will venture into middle-American businesses, as well as blockchain and bitcoin businesses.

Unlike The DAO (failed) or Wings (coming soon), where the investors control and manage the fund, Intellisys Capital will control and manage the fund for Mainstreet. The Intellisys team consists of @charlieshrem, Jason Granger, Kevin Hobbs, and Nicola Minichiello.

According to an interview with @charlieshrem on bitcoin.com:

Unlike the DAO, where anyone can be a fund manager, Intellisys Capital is the fund manager. We have an experienced, dedicated team that has experience in private equity and fund management.

The Econotimes breaks down the setup for the ITO:

The crowdsale of 50 million Mainstreet tokens is scheduled to launch on January 15. The tokens can be purchased with bitcoin or ether. The sale is capped at US$25 million, with a 10 percent holdback for additional investment and working capital needs for existing investments. Any unsold tokens will be burned immediately following the sale.

The sale will run until March 15, adhering to the following pricing schedule:

● Weeks 1 - 2: 900 MIT = 1 BTC

● Weeks 3 - 4: 750 MIT = 1 BTC

● Till close: 500 MIT = 1 BTC

● Bulk Discounts Available: Contact Investor Relations

Intellisys will help guide Mainstreet Investment in the use of proceeds from the sale to invest in the United States middle-market operating companies, fund-of-funds, and real estate projects that will increase investor awareness and attract future investment opportunities. According to Intellisys, this approach will raise the fund’s credibility in mainstream markets, becoming a showcase for blockchain projects looking for recognition from larger investors.

For a quick overview check out the following video:

I hope that @charlieshrem will consider doing a Steemit AMA on the upcoming ITO. If you would like to see this on the Steemit platform, please comment below and re-steem this article. Maybe he will oblige this request :)