Many great inventions and art masterpieces wouldn’t be made if not the patronage. It is enough to point out the Galileo, who without the Grand Duke generosity wouldn’t be able to work on the heliocentric theory. Michelangelo without the Julius II support would have never been painting the ceiling of the Sistine Chapel. And even if couple centuries passed from that time, a helping hand can turn even the most visionary project into the reality. Meet the Iconiq Lab project, which aim is to help the dreamers.
Since last couple years, so when the ICOs appeared on the crypto market, the crowd sales became incredibly popular. According to the data collected by the ICONIQ team, a number of ICO project increased 5 times between 2016 and 2017. During that period the market capitalization went up 35 times and 39 times more funds was raised via ICOs.
Since last two years, hundreds of different teams were doing the token sale. And I can say, basing on my experience as an analyst, conducting the ICO is not an easy thing. Why?
Firstly because of lack of the experience young teams suffers from. Pretty often the community is too small or the whitepaper is too technical, or on the other hand, it doesn’t contain all needed information. I won’t even mention the legal issues or for example the programming mistakes.
Secondly, because of the high costs, the team has to pay to make their token sale smooth. What kind of expenses do I think about? For example, taking part in the conferences (direct marketing), or high-quality PR materials will cost a lot. Besides, as far as I know, being listed in crypto orientated media is not always for free.
Thirdly, lack of contacts. Until the crypto world is pretty small, and very likely even after, having a personal touch with the investors is a must have for every collecting team. In the world with scammers waiting on every corner, just the trust, based on real contact can help in founding.
Mentioned problems, as well as many other ICONIQ, promises to resolve for the team. Let’s have a look at their offer.
ICONIQ offers for chosen project seed funding – which can give them a ticket to the moon. But this is not all. ICONIQ also promises a business development and marketing support. And what is a crucial in case of a young team, the networking. Besides, there will be a legal guidance provided and teams can take part in a global roadshow.
This is just a first article about the ICONIQ Lab. If you want to read more about the project, check my Steemit/Ruth.news regularly.
Check the links below if you want to learn more or make a contribution:
Website:
https://iconiqlab.com/
Whitepaper:
https://iconiqlab.com/wp-content/uploads/2018/04/20180423_Iconiq-White-Paper.pdf
Presentation/ color paper:
https://iconiqlab.com/wp-content/uploads/2018/05/20180523_Iconiq-Lab-Color-Paper.pdf
ICONIQ ICO will last just one more day. More details below:
Social media:
FB: https://www.facebook.com/iconiqlab/
Twitter: https://twitter.com/iconiqlab
Telegram: https://t.me/iconiqlabchat
Disclaimer: this is NOT investment advice. This is purely my opinion, based on facts found on the project website, whitepaper, social media and etc. Please do your own research and decide if it qualifies with your risk profile.
Anna Hare
You can find me here:
https://bitcointalk.org/index.php?action=profile;u=1754481
Twitter: @44_crypto
FB: anna.hare.353