IcoPass - Superb Paltform for Identity Verification for ICOs

Getting cryptocurrencies is easy. Exchanging it for cash is not. ICO pass intends to make is easier. It will be the key to saving your time. Time is as valuable as any assets, if not more. It was in 2017, cryptocurrencies garnered never known existed before kind of popularity. Billions and billions of dollars were added to the cumulative trading volumes. But companies had real problem when they tried converting these cryptocurrencies into fiat cash. Lack of adoption and no acknowledgeable backing for these coins attributed to the struggle. Individuals, companies and regulatory bodies were skeptical about the backing for cryptocurrencies.

Importance of KYC:
It becomes important to get necessary information and identify users. The idea is to avoid getting into illicit activities and criminal activities unknowingly. That is almost the single big enough reason for governments to not let their guard down against cryptocurrencies. Knowing your customers must be more like mandatory than optional. When you fail to do it, it raises rad flag instantly. Many companies and services offer to do KYC checks. They offer it as a service and it’s costly. It can cost up to $200 or more per person. The costs make it non-feasible for companies to pay for the services.

Seed Round ICO:
The new digital era demands faster and cheaper verification options. Considering the increase in number of users and the inflow, it becomes necessary. ICO pass is a company that does the verification services economically and more efficiently. Once you are verified, you can use your identity in multiple ICOs. To demonstrate their confidence in their technology, they are doing a seed round ICO in range of $500,000. In the ICO, their own products will be used to gather KYC information of contributors. It helps their stage to prove how easier it will be to deal with banks with your crypto identity.

Team behind ICO Pass:
When it comes to ICO, it all comes down to the team behind it. ICO Pass boasts versatility in experience and expertise. When it comes to crypto, it all comes down to security at one point. Considering the ICO Pass team worked on National Identification system gives us tremendous confidence about their project. The team is trusted highly by most of the Swiss banks. Latvia State ID architecture and e-Signature were their brainchild. It makes any investor feel safe about investing in ICO pass.

Token sale details:
Registration for token sale is open from 21st February 2018. The token sale starts on 28th February 2018. The address to send funds to, will be publishes in homepage. This is yet another utility token. It doesn’t give you rights to equity of the company. The company generates revenue and token holders get dividends. You will get percentage from revenue every quarter. It is an ERC20 token. It will be released on Ethereum blockchain. ETH is the only payment option accepted during token sale. The token will be listed on exchanges eventually. Unsold and undistributed tokens will be burnt.