Crypto Initial Coin Offerings (ICO's) are popping up like mushrooms, fighting for the rankings to increase potential investor trust. Some are well-established, some don't have experience nor guidance to solidify their vision as something worthwhile investing in.
People devised different aspects to rate ICO's such as: maturity of team, viability of project, token metadata, existence of Minimum Viable Product, even the project name, etc. Quantstamp could be incorporated as a new means to increase the perceived value of an ICO.
A lot of ICO's request funds to be deposited with the help of smart contracts with different policies (min/max amount, returns and refunds). Since Quantstamp's goal is to audit smart contracts, it's easy to see how a project that does this simple gesture could benefit from an increase of trustworthiness.
Quantstamp could be used as a "seal of approval" that the smart contract is indeed free of issues, increasing user confidence that the project cares about the quality of the ICO.
Check out Quantstamp and their audits.
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