Cool idea, but what is the need/purpose of a token?

At this point there is no need for a token yet.
In the long terms the ICOA token will make every ICO investment safe and scam proof, due to our concept being unique we aren't willing to share any specific details regarding upcoming features which are linked to the ICOA token at this point but we are confident that the ICOA token will be a game changer when it comes to investing in ICO's.
Scam ICOs will disappear overtime due to the fact that it won't be possible to scam through ICOA, this will provide trust and a safe environment for an investor once an ICO is advertised through our platform and it will also create demand for legit ICOs to participate in ICOA due to the fact that they want to show that they are trusted and also due to the amount of potentional investors they are missing out on when they don't do so.