Bitcoin ICO

ICOBox has announced the launch of its own initial coin offering

Jayanand Sagar | August 11, 2017 | 6:45 am
icobox
Bitcoin

ICOBox has announced the launch of its own initial coin offering

Jayanand Sagar | August 11, 2017 | 6:45 am

ICOBox, the platform that facilitates ICOs and crowdsales has announced the launch of its own initial coin offering. The upcoming ICO will follow the presale which went live on August 9, 2017. The presale of ICOS tokens will continue till August 15, 2017, where future token holders can avail early bird discounts on the token purchase. ICOBox offers a suite of services, much needed for today’s cryptocurrency industry, in particular for the projects that are trying to sell products and services over the ICO route. The package includes technical, legal and marketing services; all offered at a flat fee. The ICOBox crowdsale will go on for a period of 32 days, and backers  of the platform will get to be part of the platform’s activities including the right to vote in selecting pre-screened ICOs and gain access to their tokens at fixed discount slabs that can go as high as 75%. In the recent press statement, the co-founder of ICOBox, Nick Evdokimov was quoted saying,

“We are thrilled to make ICO technology available to promising startups whose main worry is their inability to finance their business startup costs. With our own ICO, ICOBox is opening crowdselling know-how, which in the past was only available to blockchain startups, to the whole wide business world. “

The technology used in ICOBox offering includes a ready-to-deploy book building platform along with smart contract and token management system. The platform also offers legal and marketing solutions to the clients. The legal solutions include recommendations on whitepaper drafting, contracts, review, and recommendations. Similarly, the marketing solutions deal with marketing strategy including advertising target, budget, critical public relations recommendations, bounty program setup and more.

Projects can start making use of ICOBox tools to run their ICOs starting August 15, 2017. In order to do so, they will have to submit an application. Out of all the applications received, the community will select 10 of the best projects and provide them access to the tools. ICOBox has divulged its plans to start catering to 10 new projects every month and eventually increase it to 15 per day, reaching at least 800 projects in the very first year.

The crowdsale can be accessed at icos.icobox.io

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