Understanding how Bitdepositary offers a multi-layered protection mechanism for ICO analysis and investment
Have you ever wondered what’s with all that hustle around ICOs? Did you find answers to why are more and more startups being launched as token sales (or for companies who shift into ICOs)? Is it only for the sake of increasing the attention that the crypto market needs? Or for quickly raising capital? Or maybe for creating blockchain solutions that can improve global industries or change the life of millions of customers? Unfortunately, not all intentions are honest and sincere, when it comes to launching initial coin offerings. Some do it because it seemed like the best method to start a company; however, a large number of ICO teams proved only to cause confusions, disillusion and finally, scams.
So, when someone now asks you if it’s safe to invest in ICOs, you may not have the right or the complete answers. No, the industry is not yet fully regulated; no, there are no actual tools or reviews that can guarantee that a token sale will succeed and prosper, on the long run - thus, scams and thefts are still penetrating the crypto community.
Moreover, studies and estimates show that around three-quarters of all ICOs that are now launched is not trustworthy. At the same time (but on the other side of these interactions), investors are having a hard time using unsafe and unreliable wallets and exchanges.
Bitdepositary - a project developed for the benefit of the crypto investing world aims to launch the first ICO co-founding community, with integrated payment systems, backed by Salesforce and blockchain.
All the needed tools, in one place. Bitdepositary offers a centralised ICO system that protects its members against :
- Wrong investment decisions
- Token theft
- Scams
- Tax-related issues
To make sure if a token sale is trustworthy and has chances of success, Bitdepositary created a voting process, designed as an internal survey within the platform members. During this stage, users vote for or against a particular project that has been added into the Bitdepository ICO pending projects list. This is done on smart contracts so that results cannot be tampered with.
Thus, the platform will display a list of ICOs that have undergone two basic types of auditing and verification: from a legal and a performance point of view.
A unique integrated exchange - a reliable component for crypto storing, trading and transactions. Users can exchange significant cryptocurrencies directly from the Bitdepository mobile app - Ethereum, Bitcoin, Litecoin, Dash and Zcash (several other coins are soon going to be added to this list). Tokens kept here can be easily swapped or used for transactions.
Simultaneously, the wallet enables members to take part ICOs (active, soon to be launched or even closed to the public - all due to the Bitdepository features). You have everything in one place, so you don’t have to use other exchange platforms or wallets. Stock exchange market and bank transfers (in EURO and USD) are also included!
Nonetheless, Bitdepositary created mechanisms to protect it’s integrated wallets against attacks, thefts and hacks.
Only Bitdepositary offers quick, reliable and secures ICO investing, through a complex crypto experience! Visit https://bitdepositary.io for more information.