And this is how we came to the last, but the crucial part of the ICONIQ review. Two things I left at the very last end, two very connected between each other things: roadmap and PROs and CONs.
PROs and CONs are the most difficult part of every review. Basing on all collected data, you have to describe all your concerns in just couple words. On the other hand, this is the essential part for every ICO investor. Let’s have a look on my doubts about the ICONIQ project (if they are any). But firstly, the roadmap.
Roadmap
ICONIQ Lab has global ambitions. As we know the initial program was launched in Germany. This year in summer, there will be a formal launch of the New York City Accelerator. The same year another Accelerator will be open in Singapore.
Now couple words about the project history. ICONIQ lab was born in early 2017, in August the same year the core team was complete, and ICONIQ Lab registered. In November, FinLab AG made a seed investment and in February the private sale was closed gaining 1 mln. USD. The same month ICONIQ has an official launch in Germany. In April the token sale began.
As I already wrote in the previous review,
https://steemit.com/ico/@annahare/iconiq-an-ico-hub-fuelled-by-the-blockchain-start-up-pitch
ICONIQ Lab chosen 5 start-ups for their hub. So better remember these guys, they might be legendary.
PROs and CONs
Every project has stronger and weaker sides. But I can call the project good if there is a positive disproportion between the pluses and minuses. ICONIQ is undoubtedly such a case.
PROs
- Project concept
- Smart funds usage and money flow
Strong team, well-known advisers and big partners- High quality PR and marketing materials
- Big community
CONs
- Timing. I am not sure if this can be called disadvantage but ICONIQ team chose the worst time since last two years for the ICO conducting. If they would decide to make a project during the growth time instead of the drop the funds they collected would be much higher
- Insurance. The concept shows just the cases of ICO successful projects. What if couple hub projects will not collect enough? Crypto market is so uneasy these days, that maybe an insurance system should be somehow involved in this process? Or at least higher reserve found. But this just a thought.
Check the links below if you want to learn more:
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 is over, but you can always purchase their tokens on the stock in the nearest future:
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
http://ruth.news/ru/team