In the project selection, does BlokBiz also participate in future ICOs involving cryptographic currencies? And will the selection follow the same validation roadmap for any type of project?
Thank you for your question!
Yes, we will participate with that kind of ICOs as well in the future. We will apply the same kind of validation procedure. It's a universal method that can be applied for any kind of project.
So, BlockBiz will be partnering with the ICOs?
Kind of. There is a special agreement between the ICOs and BlokBiz. BlokBiz acts as a supervisor during and after the sale period. We do not ask for shares or any kind of ownership from the funded company. BlokBiz only asks commission from the raised amount to cover the operational expenses.
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If the company doesn't want to participate in BlokBiz's full services we offer them the deep-compliance check but without the project management part. This service is fix priced and they will be listed on our website as 'Checked but not managed'. Of course, in this case BlokBiz won't have any influence on the project so the investors won't get refund if something happens with the company.