ICOHeadStart ICO Review
Today I’d like to tell you about ICOHeadStart project. It enters the market, where we have quite a fierce competition. The market already has Fundyourselfnow, KICKICO, WINGS DAO. What can this project offer that can be of interest? Or can this project be better than already existing ones? First of all, let’s start with the existing problems of the sphere.
• There is a tremendous amount of ICOs that happen every day. It is really hard to research when you have so many initial coin offerings.
• Another problem is a big percentage of scams. It is not that bad as it was a year ago, but still we have this problem.
• Then there is a lack of high-quality analysis of ICOs.
These are the problems ICOHeadStart wants to solve by becoming a platform that facilitates the sale and control of Projects’ funds, using Timed release Ethereum Ethereum contracts.
• Basically, project provides audit of all available ICOs and picks the best for its platform. In order to become available on the platform, projects need to go through compliance department’s audit, which includes 3 tier analysis. I will talk about it on the next slide
• After the thorough research, the wisdom of the crowd is used. Investors decide which projects to support
• MOAT tokens will be the currency of the project’s ecosystem
• Project already has a functioning platform that can be used. If you register, you will see how dashboard looks, the stats, and so on
Also, I would like to talk a little bit about team. All of them are from Netherlands. They seem to be open about their identities, there are a lot of interviews with them and a lot of projects collaborate with them. So I don’t think they will disappear with the investors’ money. Still, do your own research before making any financial investment into anything.
All projects need to go through 3 tier analysis to get on the platform
• Reputation analysis
o Followers on social media
o Interactions with media
o Mentions in publications
o Number of searches for the project
• Business analysis
o Business model’s Viability & Sustainability
o Analysis of revenue projections
o Competition & Industry
• Project analysis
o Profile of the Founders/Executive team
o Experience of the development team
o Details of the White Paper
o Legal T&C
o ICO Smart Contract Code
Also, unlike other fundraising platforms, ICOHeadStart doesn’t charge commissions. The graph represents Kickstarter success fee, average loan rate, average p2p loan. Don’t forget about KICKICO and FUNDYOURSELFNOW platforms, they also have low fundraising fees.
• MOAT tokenholders will benefit from the token price appreciation on digital exchanges. Founders promise that multiple exchanges will list MOATs quite soon
• Timed-release contracts will be used to strengthen the discipline of ICO projects. So that no project can disappear with investors’ funds
• MOAT buyback program will distribute 80% of profits to token holders in the form of buybacks
• Profit will be generated through exchange back contracts of the project tokens and trading. Platform will have its own trading desk with employees who will profit from trading cryptocurrencies and tokens
Presale already happened, team claims to have collected $11mln and they plan to collect another $20mln during the main sale that will happen on 26th of March.
Total supply of MOATs will be 10 billion
Exchange rate during the main sale is as pictured on the slide
Vote exchange site https://mysteemup.club. Check apps (mysteemup.club) https://steemconnect.com/apps/
For future viewers: price of bitcoin at the moment of posting is 7589.50USD
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