Raising Funds through an Initial Coin Offering ( ICO ), ITO or DAO.

Initial Coin Offering, Token offering, and DAO consultants.

 

We can offer A-Z.  If you have an idea, we can build on it.

 

Block chain, Bit-coin, Stellar, Lightning and Ethereum Technology Consultants.
We assist companies in all facets of the Initial Coin Offering, Token offering or DAO offering process and offer consulting pertaining to all facets of block  chain technology and cryptocurrency development. We are industry leaders in block chain technology and development.

 

Call us now for a free consultation.
Phone: 855-275-9152
Email: support@iposhells.com

 

ICOs and ITOs (Initial Coin/token and DAO Offerings) have become a popular way to fund your projects. Is your Coin, token or DAO a utility or Security?

 

An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today.

 

ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin or other cryptocurrencies.

 

The ICO usually takes place before the project is completed, and helps fund the expenses undertaken by the founding team until launch. For some of the larger projects, part of the ICO money goes into a foundation that provides ongoing support to the project.

You have a great idea but need a full one stop shop that can help.

White paper-FREE

Website (hybrid or Dynamic) Must be secure

The key to your success is hiring the best compliance groups to help guide you

Legal Compliance

Our legal experts can help your company develop a Coin or token that meets all regulatory compliances such as AML (Anti-Money Laundering) and KYC (Know your customer). Most Token sales and ICOs are considered securities. Securities Laws are complex, and you must have an experienced securities attorney assist you. Even if your coin is not a security or you are in Latvia. You will want an experienced crypto attorney to write an opinion letter explaining why you are not a security. We have written many Howey test letters.

 

Your white paper needs a clear message and strong management. You need to decide which jurisdiction is right for you.  As of march 2018.  The top Jurisdictions are Gibraltar, Latvia, Estonia, U.K. Canada, Belize and Singapore.

The whitepaper

A good whitepaper must be done by the founders and reviewed by experts to perfect the idea. If your budget is limited, don’t spend money on the whitepaper and do it yourself.  We have the best writers in the business.

 

Cost: $0 USD

The website of the company

When you run an ICO you want to cause the best possible impression to the future investors so you’ll have to spend at least $500, up to $10.000 USD because in that range the price-quality ratio is the highest.

 

Cost: $500-$10000 USD

 

Our firm has over 100 block chain coders, full stack engineers and app developers.

The Smart Contract and platform

If you want to raise money, you’ll need an ERC20, Stellar or other platform.

 

Cost: $2000 to $8,000 USD

The Crowdsale ICO Smart Contract

Cost: $2000 to $10,000 USD

Smart Contract audits

Cost: $1,000 to $10,000 USD

Marketing

Probably the most important step. Your ICO won’t get anywhere unless the curious investors notice it’s presence. That’s why you have to spend a lot of time and resources promoting your ICO in places like:

 

Reddit: in sub Reddit such as ethereum and ethtrader.

 

Social media:  Twitter, Instagram, YouTube, Medium, Google and Facebook. You have to publish content habitually in all the possible platforms to inform your users about the progress of the application and everything about the ICO.

 

Communication channels: such as Whatsapp, Slack or Telegram. Slack is having lots of problems with scammers trying to fool people to take their hard-earned money. Telegram is good because it’s easy to use although it doesn’t have an easy way to send important announcements. Watch out for phishing scams.

 

Cost: $4.00 per hr to $50. Per hr.

Compliance and Legal

Your ICO needs a corporate entity for its legal structure. Unless you are doing a DAO

 

Cost: $5,000 to  $50,000 USD for legal fees.

Conclusion

We can help and handle all of the above. We have been dealing with top Securities lawyers for over 15 years.

Are ICOs like IPOs?

ICOs have been compared to Initial Public Offerings (IPOs) of corporations. There are some notable similarities – both of them are used to sell a stake and raise money, and both have investors who see the potential and risk their capital in order to make a potential profit.

 

Check out the latest market cap and pricing.

 

However, there are significant differences as well. ICOs are mostly supported by early enthusiasts and not professional investors. In that respect, they are similar to ‘kickstarter campaigns’, but with the backers having a financial stake in the project. ICOs are also not regulated or registered with any government organization and there are usually no investor protections other than what is built into the platform itself.

 

Most ICOs today are marketed as ‘software presale tokens’ akin to giving early access to an online game to early supporters. In order to try to avoid legal requirements that come with any form of a security sale, many ICOs today use language such as ‘crowdsale’ or ‘donation’ instead of ICOs. They also use legal disclaimers and language to the participants that this isn’t a securities sale. It is unclear whether this is sufficient for global jurisdictions to treat it differently from a securities sale. To date, the matter hasn’t been litigated in a court of law.

 

The first indication that a government agency was looking into ICOs came in mid-2016. This was in response to The DAO, a crowd-funded vehicle on the Ethereum smart contract being attacked and drained of funds. The SEC (the government agency responsible for protecting investors and capital markets in the United States) is said to be looking into The DAO.

History of ICOs

One of the earliest documented uses of ICOs for a cryptocurrency project was Mastercoin, which was crowdfunded on Bitcointalk forums. Mastercoin is a meta-protocol on top of the Bitcoin blockchain that provides additional features that the base Bitcoin layer doesn’t. The ICO took place during mid-2013. Mastercoin (MSC) raised over 40 million ICO phase.

 

Then, the cryptocurrency project NXT had its own ICO on Bitcointalk forums, raising 21 BTC (valued around $6000 then). NXT created a cryptocurrency coded from scratch (i.e. not a fork of the original Bitcoin code) and implemented the first fully proof-of-stake system. The project was quite successful for the ICO investors, reaching a peak of ‘market capitalization’ of over $100 million, and currently over $10 million. This made it one of the most successful ICOs for investors.

 

The successful ICOs kicked off a frenzy of new ICOs during late 2013 to early 2014, which coincided with the largest price rise in Bitcoin. Unfortunately, many of the ICOs failed to live up to their hype or were outright scams. However, this period also saw several successful ICOs like Ethereum.

 

Today, Ethereum remains one of the largest ICOs to date, raising over $18 million with a current market capitalization of around $ 1 billion.

 

The DAO, one of the projects using Ethereum, created a smart contract that would take in Ether and fund projects in the cryptocurrency space as a traditional venture capitalist would. The investments would be decided based on participant voting. In June 2016, a bug in the smart contract underlying The DAO was exploited to drain around a third of all its funds. Later, the stolen funds were returned to original backers using a hard fork.

How They Work

ICOs are typically announced on various cryptocurrency forums, notably on Bitcoin talk. The announcement thread contains key information about the project, such a whitepaper (if present), project goals, timelines for ICO and project development, team involved, previous experience of the team members, notable features of the project, and other ICO details.

 

Funds are typically collected in Bitcoin, either via a global, public address (in which case the participants need to send Bitcoin from an address they control the private key for), or by creating accounts of each participant and providing them with a unique Bitcoin address. Best practices dictate that all funds ultimately be held in a multi-sig address that is made public.

 

The specific dynamics of an ICO may vary. They typically include a few weeks of raising money, at least, and try to raise as much as there is demand. Occasionally, some ICOs will instead cap the total amount of Raising Funds through an Initial Coin Offering ( ICO ) or (token) ITO.

 

ICOs (Initial Coin Offerings) have become a popular way to fund cryptocurrency projects.

 

An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today.

 

ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin, Eth or other cryptocurrencies.

 

The ICO participants are invested in the success of the project. They can help get the word out and raise awareness in the broader community. They also provide early liquidity for the cryptocurrency tokens when they start trading. The ICO participants are also usually motivated by a profit potential if the project takes off and the tokens become worth more than the ICO price.

We can offer A-Z.  If you have an idea, we can build on it.  Call us today for a turn-key package and a FREE consult.

 

Phone: 855-275-9152

Email: support@iposhells.com