Post
Topic
Board Altcoin Discussion
God save the ICO!!!
by
kk22kk
on 23/11/2017, 11:34:21 UTC
Hello everybody!

Do you think that ICO’s market is going down? Lot’s of scam and shit projects, expensive marketing for good teams, investors do not like to invest in ICO because token will go down after release on exchange…and other problems 

Do you think that ICO’s market is going down? Lot’s of scam and shit projects, expensive marketing for good teams, investors do not like to invest in ICO because token will go down after release on exchange…and other problems 

We need ICO 2.0.
What I mean about ICO 2.0 We need transparent regulation based in blockchain.
We need to implement round-system.
This round-system is aimed to solve the most important problem, we do not give the team the whole amount at once, because it will actually destroy the startup, breaking down the founders’ desire to develop the project or to change the original business model.
A startup is a search for a functioning business model, few people can immediately visualize the development of the project for months and years ahead.
Our plan:

- Pre-seed round
up to 50k$-150k$
   Requirements
•   Whitepaper 1.0

What for?
•   MVP 1.0
•   due diligence

Project gives in Tokens
up to 10%


Seed
up to 300к$-500k$
Requirements
•   WP 1.0 + business plan
•   MVP 1.0
•   due diligence
What for?
•   Website
•   MVP 2.0 
•   VP 2.0
•   Community creation
o   Community standard
•   Primary marketing
•   Legal issues
o   jurisdiction
o   company organization
o   bank
o   information about the founders
o   due dilegence

You give in Tokens:
up to 15%

Round A
1 000 000$ - 3 000 000$
Requirements:
•   Website
•   MVP 2.0
•   VP 2.0 + business plan
•   Community creation
•   Primary marketing
•   Legal issues
What for?
•   Scaling
o   marketing
o   community
o   Road show
•   MVP 3.0

Project gives in Tokens:
up to 20%

ICO
from 5 000 000$
The introduction of tokens to the market:
from 35% up to 55%

This round-system is aimed to protect the interests of investors/backers from fraud and incompetent teams. Even if the project has a strong team and a strong idea, this still does not guarantee success of the project, because the business model may simply not work, and it will be clear right after the Seed stage. In this case investors lose from 100к$ to 500 к$, but not dozens and hundreds of millions of dollars as it is now. In addition, we need to give a transparent report on the work completed.

What do you think?