QUOINE's Mission: ICO Control

mrblueberry (41)in #blockchain • 6 years ago (edited)

A Japan crypto startup, under false speculation of downward spiral, must discover and expose the real dealbreaker before it's too late.

Today, we live in a crazy world of ICOs and crypto currencies. It's a world driven by greed, by fear of missing out, by an evangelical belief in technological progress. Every day, around the clock, we find our sentiment swinging from joy to despair as we deal with decentralised storytellers, trolls, prophets, and many other bad actors in this hysterical world.

To complicate matters further, a huge number of blockchain "startups" are involved in scamming people into investing their ICO. According to Satis Group, 80% of ICOs are scams and only a meager 8% of the honest projects actually make it to an exchange. There have been an increasing number of serious problems with ICOs, including data leaks, website hacks, phishing attempts, fake deposit addresses, and much more.

The Mission and its Secret Agent

Now, more than ever, we need a highly trained, certified expert in modern technologies, improvised exchanges, meticulous finances, and extreme cybersecurity to commit in the mission of bringing control to the rampant ICOs - making token sales secure, transparent, all the while remaining compliant with KYC and AML requirements.

The good news is: QUOINE, the first global crypto fintech company to be fully licensed with the Japan Financial Services Agency, took upon Mission: ICO Control. Recently, QUOINE has successfully launched its ICO Mission Control platform, an all-in-one initial coin offering (ICO) execution service. For a start, the platform is implemented into Qryptos exchange. By mid-year, it will then be integrated into the Liquid platform for which QUOINE raised a staggering US$105 million in its token sale in late 2017.

ICO Mission Control

Launching a token sale in the current climate requires a lot of caution on the part of ICO organiser. Not long ago, BeeToken's CEO has to personally hold on to a piece of paper that writes the official contract address in a video after their customers' email gets leaked and used for phishing attempts.

But now, with ICO Mission Control, ICO organiser can focus on more productive aspects of their work, such as product development or marketing. The platform enables blockchain startups to execute their token sales in a secure and transparent environment, bringing global standards while ensuring regulations compliance for all ICO organisers and participants.

ICO organisers can receive real-time data updates on the token sale, including built-in marketing analytics. ICO settlement also occurs in real-time, which minimises the uncertainty and risk. The best part is that by executing the token sales via ICO Mission Control, the tokens will automatically be listed on QUOINE's crypto currency exchange, which will ensure secondary market trading.

…so, what's the takeaway?

Since the beginning of ICOs, many have fallen victim to scams, phishing attempts and many other unfortunate events related to token sales. This is the real dealbreaker in crypto investments. Thankfully, QUOINE discovered the issues early and proposed a way to stop these bad actors from flooding the network with negativity.

By removing the pain points experienced in the current standalone ICO processes, ICO Mission Control has become a safe haven for both ICO organisers and participants alike. Whether it's available in Qryptos now, or Liquid later; we all know we're finally safe from villains in this crazy world of ICOs and crypto currencies.

Moral of the Story

For ICO organiser:

Integrated Client Base

By using ICO Mission Control, you'll get access to a huge base of crypto enthusiasts (over 500,000 KYC-verified) who are ready to buy your tokens. You'll also get a free landing page (hosted in Qryptos) upon registration.

Improved Security

As mentioned earlier, token sales are vulnerable to attacks by several bad actors in the ICO space. With ICO Mission Control running on QUOINE's exchange infrastructure, you can be assured that an impenetrable security layer is always enforced 24 hours a day, 7 days a week.

Regulation Compliance

With ICO Mission Control, you no longer have to worry about government breathing down your neck and checking if your token sale complied to their regulations. QUOINE strives to comply with all the regulations and they're working very closely with the Big Four audit and accounting companies to develop comprehensive AML countermeasures, perform internal audit, create management systems, as well as communicating with the JFSA and Kanto Financial Bureau.

Real-time Data Analytics

The dashboard that comes with ICO Mission Control, has an built-in analytics functionality that assesses the performance of your token sale. You can make better plans and develop marketing strategies with the data.

For ICO participants:

Complete KYC requirements

QUOINE has the concept: Do It Once, Do It Right, Use It Everywhere. ICO Mission Control will need an investor provide his/her personal data for KYC only once.

Buy Tokens

You can participate in token sales listed on the easy-to-use platform. With ICO Mission Control, the process will be seamless as you don't have to undergo KYC again, which ensures immediate and secure acquisition of the tokens.

Access Secondary Markets

Token sales that are conducted through the ICO Mission Control platform will have its tokens automatically listed on QUOINE exchanges immediately. This provides a secondary marketplace where investors can buy or sell the purchased tokens.