Introduction
Can you tell me what will happen in future? How do you think we can decide if we are not aware of the future conditions in an industry? In any area of study or business, people decide for future problems or opportunities based on the historical data and taking many other factors into consideration. Although, it's hard to predict future. Hence, somebody rightly said, do not predict the future, and Build one for yourself. That's true. Our knowledge, research and instinct help us in the decision making process. Some people do that on a daily basis. Many people are doing it by building their ideas into a product and it is their only mission in life.
The requirement of the funding becomes important for the survival of the idea. That's when venture capitalist, investment capital, Investors, banks and people come into play. Traditionally, raising a capital for your business is as hard as it can get. The institutional investors have their well-defined rules and priorities, and they like to play within their boundaries. But, today times have changed and a new form of capital raising structure is making itself an industry standard.
This path is being taken by many startups based on the fundamentals of blockchain technology who are keen on exploring the true potential of their ideas and its future. And, this demands a whole new ecosystem which can take care of the entire ICO process from start to end. Let us build an ecosystem of trust and transparent ICO which people can easily trust and verify.
Solution Offered
ICONIC is at the right time offering right tools to the right people. It is developing the comprehensive ICO Ecosystem built on the Blockchain technology and DAO. There are three important entities of the ICONIC ecosystem. The first one is the ICONIC environment which will work as starting point for the reliable projects who will be part of the platform. The distribution of the relevant information about the project, its technology, its founders and everything about it will take place through various channels.
The aim of this feature is to create discussion and debate in the public about the project. The second important entity of the ICONIC is ICONIC trading which provides an opportunity to everyone for trading the digital assets. Finding their most trusted digital assets to trade on the platform will boost the demand for the relevant projects on the platform.
The third most important entity on the ICONIC platform is ICONIC Assurance. It provides security and transparency to the investors by performing various functions. This includes auditing, arbitration and Escrow services for the Projects on the platform. These are the only a few of the features of the ICONIC platform.
ICO INFORMATION AND TEAM
To create a platform which people can trust, they need people to support them. 500,000,000 NIC Tokens are created for the project in which 85% of the tokens are reserved for the ICO. One ETH is equal to the 30,310 NIC. The token presale is currently live until 20th February 2018.
The main ICO starts from the 1st March 2018 until 31st March 2018. 27% of the funds collected will be utilised in the salaries and expenses while 21% is reserved for the expansion of the platform. The team working on the project are working in the field of computer science, business operation and innovation.
Conclusion
The technology we might create in future is in hands of time, but what we can do now is analyse critically taking all the possibilities into the account. The investment made in right sectors during present scenario will benefit you in future. It is as simple as that. ICONIC believes that by creating a solid platform for the innovative ideas to benefit from the current ICOs, They are building the bridge between traditional investments route and Decentralized Investment path.
We have seen many companies taking this route to fund their idea. Crowdfunding mechanism to fund the projects is an unconventional way of raising the capital for a variety of project which has seen massive growth in recent years. Building on the trust of the people and the technology of today, ICONIC has tried to bring dynamism, efficiency and transparency to the distributed investment market.
More than 2 billion dollars were raised through ICOs between 2016 and 2017, which proves the market demand for this method in the current situations. I think it will be the biggest opportunity for the new ideas as well as established companies who wish to raise the capital through ICOs. Are we ready to see them Perform?
To know more visit:
Website: http://www.joiniconic.com/
Whitepaper: https://joiniconic.com/docs/whitepaper_EN_10.pdf
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561
Refferal link: bountyhive.io/r/Kishan