Initial Coin Offering (ICO) has become an important part of the crypto world, at least hundreds or even thousands of ICOs are launched every month. But the lack of legal guidance in the operation of ICO has resulted in a lot of scams. A Study conducted by Static Group in New York found that 81 % of ICO are Scams, 6% Failed, 5% had Gone Dead, and 8% went on to trade on an exchange. This is very bad for the field that takes out a lot of our money.

(https://news.bitcoin.com/80-of-icos-are-scams-only-8-reach-an-exchange)

What is ICO?

Initial Coin Offering (ICO) is the earliest coin offer before the coin is launched into the market. ICO is offered by developers where their goal is to raise funds to develop their projects. They need funding to maximize their projects to quickly develop and eventually be resolved.

What are the advantages of ICO?

For the developers, they get the help of funds to accelerate the projects they develop. For Investors, they will get a coin or tokens that are cheaper. Usually when the coin or token is launched the price will jump up to more than 2x from the price of ICO.

What are the disadvantages of ICO?

As we all know that ICO activity is very risky, at least there are thousands of ICOs are launched every month, but many of them are scams, not all ICO developers will successfully develop the project according to the plan that has been made from the beginning, thats why people lost trust and stop following the progress of the project, so the price decreases.

However, of course, not all ICOs are bad. In every way, there must be a scammer, something that helps us from them how we handle them. We can do our own research by combining parameters that may be relevant such as: Who holds the collected money, who the project founder, what project they will develop, what social networking activities are provided, and other possible data.

But if we currently do not have much time to do the research, I think we still have the best solution for investors who wish to participate in the ICO by joining the QUOINE'S ICO MISSION CONTROL.

QUOINE's ICO MISSION CONTROL

On 9 May 2018 at 10:00 AM SGT QUOINE has launched the ICO platform which first joined VUULR ICO. ICO Mission Control provides a safe place for developers to launch ICOs for their projects and provides the perfect place for token participants to participate. ICO Mission Control integrates with QRYPTOS Exchange that is designed in a flexible, secure, transparent and scalable manner that embraces KYC and AML best practices. ICO Mission Control is a new industry standard for ICOs.

What will ICOs be hosted by the ICO MISSION CONTROL platform?

All developers are entitled to submit their request for ICO license in ICO MISSION CONTROL, but all submissions will be reviewed in advance by the business development team. QUOINE will only focus on projects with a token that have value, real products, including doing background checks on all project members. The QUOINE team will meet and supervise all members of the project team and select only ICO projects that have high standards to be listed in order to protect the token buyer from scammers. Also, the tokens that have been hosted on ICO Mission Control will be listed on Qryptos Exchange after ICO has been completed.

Vuulr ICO

The Vuulr ICO is the first hosted on ICO Mission Control. Vuulr is a global platform transforming the film and TV content ecosystem. $240 billion per year is spent by Broadcasters and OTTs on acquiring Film, TV, Sports, and e-Sports content, but around 40% of that value can be lost to the cost and friction of the transaction. The Vuulr Marketplace will bring together three key stakeholders (Buyers, Content Creators, and Distributors & Brands) to Buy/Sell Finished Content and Sponsor Content.

Join the Vuulr ICO

In the future, ICO Mission control will host many ICOs that really have real product besides Vuulr. Currently, ICO Mission Control only supports ERC-20 tokens.

Who can participate in the token sales?

All people who have registered in QRYPTOS and KYC-verified can participate in the token sales. If you haven’t registered yet sign up here and verify your identity.

Conclusion

Protecting communities to stay safe and secure is a top priority of QUOINE. ICO Mission Control platform is the safest way to protect your money when participating in ICO. There are so many similar ICO platform out there, but no one is managing ICO like QUOINE. ICO Mission Control offers a safe and secure, end-to-end, all-in-one solution. For token issuers, ICO Mission Control help you to get thousands of participants who have verified high standard KYC. For token buyers, they get tokens that have real products and real value at cheap prices and bonuses. QUOINE make ICOs safe for everyone.