Initial crowdsale or ICO is redefining the way people make contributions to projects. It has an enormous amount of potential since everyone can participate. ICOs have boomed in popularity in 2017, with over $2 billion raised since the start of the year. However, there is also a great amount of risk associated with cryptocurrency.
It is a highly volatile environment and the promise of high rewards can also turn into major losses. This creates a gap between the state of unexplored potential and the mass adoption of cryptocurrencies.
The dangerous side of the crypto market is speculation. Usually, people are contributing in well-hyped projects; projects with a powerful marketing strategy and a good idea, but most of them don’t deliver any results except the rising of the price (pump & dump effect) on exchanges. We also have examples of crypto companies, which are earning very good profits from their services, on the other hand their token price went down to the bottom (initial contributors helped to the company to start with the project and in exchange for that they got the tokens, but because the token is only connected to the exchange price they are not the part of the company’s success).
We have to understand that the crypto society is still very small in comparison to other investment markets (gold, stock market…). The crypto market is also very complex, unregulated and we will need some time to attract people, who are interested in safe contributions. We certainly cannot talk about safe investments in the crypto world yet, since the volatility is extremely high. We can witness changes in the price of over 100% on the daily basis. This is a sign of trouble for all the people contemplating to enter the crypto world. At the moment, investing money in a cryptocurrency equals spending the money at the casino. One of the biggest issues, which occur is the greediness of the project’s owners and the usefulness of the tokens, which is almost nonexistent.
That is why we are setting up new initial contribution rules. Our goal is to make projects more financially transparent for the contributors, by offering an initial contribution buyback guarantee in the event that the contributor is not satisfied with the progress of the project in the future.
We would like to incorporate this functionality into all future crypto projects. The changes are necessary because people who are initial contributors are the reason the crypto world even exists.
Till today early adopters were not protected and they couldn’t get their initial contribution back if a project didn’t deliver the results. We are about to change that. Our mission is to become some type of escrow account in the new ecosystem of Token Sale 2.0 for every new crypto project.
Any project with clearly defined goals and the focus to develop the product will have no problems accepting this guarantee. Initial contributors require much more information regarding the development of the project and success of the company than just the price of the token on the exchange. The usefulness of the token is definitely a factor that affects its success.
In addition to token usability, ATRIX is also constantly focusing on introducing innovative technological solutions, which will accelerate the further development of the existing market. However, our vision extends far beyond the current state – we commit ourselves to closely collaborate with regulators and make our own contribution to bringing clarity and safety to the evolving crypto space. By helping the decision makers to regulate the unregulated and remove uncertainty, we aim to become a synonym for the further extension of distributed technologies and to eliminate the existing borders. In the fast-evolving crypto environment, we see ourselves as one of the leaders in the industry’s self-regulation.
That is why we at ATRIX are proud to say we have the first token in the world, which offers its users a minimum of 80% buyback guarantee for the period of 5 years, based on their initial contribution. Furthermore, our focus is to create a 100% transparent crypto token, which provides access to the ATRIX loan scheme, allowing you either to access a loan fully commission free through the ATRIX platform or to apply for a loan at traditional banks and securing it with the ATRIX token as a credit guarantee. We aim to create an environment where your ATRIX token will be considered as a fully useful and secure asset also used as priority pass for new projects, which will use the BUYBACK GUARANTEE SYSTEM.