What is it?
Wouldn't it be nice if you could invest in an ICO with fiat currency or cryptos if that's you prefererence? Tokendesk aims to provide a direct token purchase place for 'all' ICOs with integrated token wallets, a ranking system, discounts and a token repurchase system
It's quite exciting already, isn't it? Let me try to summarize what else is interesting from its white paper:
What makes it interesting?
Motto / What value does it offer: You can directly invest in ICO tokens using fiat currency as well as ~30 different types of cryptocurrencies. There is an ICO rating system so that you can make the right investments. Not only that, you get up to 4.5% cashback on every token purchase and 12% of Tokendesk profits are also shared with the token holders. I think all of this is very exciting and fills an important gap in the ICO ecosystem which is expanding at a phenomenal pace. With an integrated wallet, it will make it relatively easy for anyone to participate in the ICOs and access their tokens.
What problem will it solve: Let's be honest - with each ICO you have to invest in, you probably have had to engage in sign ups or find the right address to send your money to and then track your tokens, etc. You have to be wary of phishing addresses. I was recently conned into sending my money to a phishing address while trying to fund Cobinhood ICO because I mistakenly accessed cobinhood.org instead of cobinhood.com and sent ETH to the wrong address. It sucks! I think it will be great if we can have this in 1 place with easy access and ability to fund all this through fiat / crypto. In addition, the rating system will take into account the team background, product idea, relevance of their white paper and overall business strategy, legal aspects and scalability.
Competition: Here's a look at what the competition is offe
Business model: Listed ICO will be charged an operational fee of 3.5-10%. Addl. revenue will come from advertising positions.
Team: CEO, Gintaras Tamosiunas is a former member of Lithuanian parliament and is also a blockchain solutions development expert. Other co-founders and team members also have good management / blockchain experience. Advisors include founders, entrepreneurs and top level management with strong experience in the Fintech and cryptocurrency space.
Roadmap: They have a goal of publishing more than 150 ICOs in 2017-18 to reach $288 MN funding goal. They intend to start ICO publishing in Q4 2017. TDS tokens will be listed on major platforms like Kraken, Bittrex on Feb 2018. Their aim is to launch the platform in April 2018 and establish a USA sales office in Sep 2018 and further market expansion thereafter.
Investment: The team plans to raise at least 50K ETH (minimal features) and will need 100K ETH for a beta version. The risk lies in the fact that they do not have a fully functional product at the moment. However, they also say that if they are unable to raise the required amount, they will return all the investments to the backers by Jan 1, 2018.
Rating: ICObench gives it a 4.6/5 rating
Bonus tokens: 48 hour pre-sale will happen on Oct 4-6 where you can purchase at 55% discount! (1 Tokendesk Token = 0.01 ETH). During the phase 1 (Oct 6-20), you can get a 30% discount and so on until Dec 24th.
How can you invest?
Simply, sign up using the following link and follow the instructions (you might get some extra bonus tokens beyond 55% but I'm not sure)
https://tokendesk.io/Account/Register?Referring=705c9bc8-8224-445f-b8dd-29052fe514fa