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Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] ICO HeadStart - THE SAFEST ICO FUNDRAISING PLATFORM
by
liondani
on 05/12/2017, 23:27:34 UTC
good concept but in your whitepaper, there is a section called seal of approval:
"The ICO HeadStart Seal of Approval shows that the criteria we think
are necessary to find the most promising ICOs, have been met.
Once a project gets approved by our community and is listed on
the platform, the members of the community have access to the
Scorecard Analysis."

how are we going to know you are not promoting an ICO just because they are paying to rise onto the top of list?


We have created a unique fundraising platform where backers and creators pay 0% fees without any additional costs. The backend of our Seal of Approval is made from an independent compliance company who provide services for our platform and 2 advisory Blockchain software companies. Also, till the time when our platform starts with its operation, we will include up to 3 more international companies that rate blockchain projects and their ICOs.

Our platform has no benefits to host a pre-ICO and ICO of some project, which does not have a value in the future, as our whole concept depends of the success of projects funded through our platform and their tokens/coins on the market from which we can realize a profit with our trading department.
 
In total, 80% of our profits will be used to buy back MOAT from token holders and 20% will be used to give a head start to newly listed projects which are deemed promising.

Thank you that you answer all these questions here. That makes much clear all your concept. Agree with you that the very idea of you project is that you are interested in successful ICOs, moreover you will make a voice to common users. But how can we be sure in competence of your team that credit Seal of Approval? Will they always be the same people or will they change?



When we started this project, we understood that one major aspect will contribute positively to the success of the platform. We had to connect the old with the new economy to be able to establish the safest ICO fundraising platform. In order to create the best of both, we brought financial experts and technical youth together. We have employed a Compliance Department with corporate banking experience that screened up to 10.000 business plans and projects per week. Our Compliance team will, according to our vision and mission, only expand, also on a local level country by country.

An average backing in ICOs till today was $275 per person. About 90% of those people for this amount was not ready to spend an x amount of time to do a due-diligence on one projects before investments. We curate the most promising ICOs which are thoroughly screened, selected and certified with our Seal of Approval. We have basically provided a tool for traders and investors, obviating the need to do time-consuming due diligence because of our unparalleled ecosystem that allows us to provide our community with 100% profit sharing.



And the seal of approval is only the first step of the "ICO's filtering", after that it is the community that will decide which ICO's will make it to the "final's" giving their vote depending of the MOAT each "curator"/member has aka. VOTING POWER

reference from the whitepaper page 14:

"Our community is the vital part of our platform. Once
the compliance department has finalized the screening
process of the ICOs in question, the approval falls in
the hands of our community members. The community
has decisive power to determine whether an ICO will be
selected. The platform creates the capital and the execution
structure and it democratizes that access to everyone."


https://www.icoheadstart.com/public/docs/icoheadstart_whitepaper.pdf?18609