ICONIC ICO Review

Iconic is an ecosystem that has been built through a decentralized assurance running on the blockchain technology. Iconic aim is to revolutionize fundraising by creating an environment that is ideal for users to trade.

It makes use of 3 major parameters that will be used to measure the success of ICOs. These are:

• Assurance: This will help create a secure structure on the blackchain by offering guarantees and reliability that is otherwise lacking. 
• Trading: This will be aimed at easing the processes of buying and selling investments and cryptocurrencies. 
• Environment: This will be mainly to offer a conducive environment for businesses to grow. The target is to finance and boost promising businesses in order to increase revenues and profits. 

By using these 3 parts of its ecosystem, Iconic offers a solution that is ideal for growth for any business on its ecosystem. This will make sure that there is a creation of a secure, stable, integrated platform for technology in order to maximize the potential of Iconic. Users of the Iconic ecosystem will be able to access financing and return, they will make available their assets for trading on the blockchain platform. Blockchain has managed to ensure that transactions are decentralized to increase the securities of businesses. Iconic ecosystem is very ideal as it offers all the possibilities to users to be successful and change how the business will be carried out.

Initial Coin Offering 

Iconic is preparing for a crowdsale in the next few days in which they are going to offer tokens to investors The initial coin Offering is scheduled to start on the 15th March and it will run through for a whole month until the 15th of April, 2018. During this ICO, a total of 500 million tokens will be available for purchase. The Iconic token (NIC) has set a target in terms of the amount they are looking to raise with the soft cap set at 2800 ETH and the hard cap set at 14,100 ETH. The accepted currency to purchase NIC is only Ethereum. 

The Iconic ecosystem is also going to be running on the Ethereum blockchain as well. The price of the NIC tokens will be: 1ETH = 30,310 NIC, with the minimum amount one can invest at 0.1 ETH. During the initial coin offering, investors will be given bonuses. These bonuses will be depended on the time at which you buy into the ICO. For example, investors buying the NIC tokens between the 1st and 3rd day of the ICO sale will enjoy a bonus of 20%, the investors coming on board from the 4th - 10th day will be given a bonus of 10% of their investments cost. Between the 11th - 20th day of the initial coin offering sale, buyers will enjoy a 5% bonus. Anyone coming to buy the tokens after the 20th day of the crowdsale will not enjoy any bonus. this bonus allocation is perfect in order to encourage investors not to hold back, rather invest in the once the crowdsale goes live. By the end of the ICO, any unsold remaining tokens will be destroyed. This will help to ensure a finite supply of tokens is available in the market in order to ensure a constant growth in terms of tokens' value. 

Previously, Iconic carried out a very successful pre-sale with over 85% of the total coins that were offered then being sold out. The pre-sale was conducted between 8th February and 20th February 2018. 

What will the money raised be used for?

The money raised from the crowdsale will be used majorly for development and expansion of the platform. From this budget, there will also be money set aside to cater for human resource and payroll services, marketing, installations, infrastructure, recurring expenses among others. 

Roadmap

The Iconic token has come a long way in terms of research, data, developments, company growth among others. Most of the work, however, is undergoing. From the beginning of February this year, we have seen them carry out a successful pre-sale and now on the brink of rolling out the initial coin offering. Blockchain makes use of smart contracts that will be offered to the investors in order to protect their investments. The coming few weeks are meant to be even more hectic than the ones past, with ICO going live. The ICO sale will be going hand in hand with the development and delivery of an MVP for NIC tokens, customer validation among others. Other key events to look out for in the coming weeks will be development and implementation of the three major parts of the ecosystem; environment, trading and assurance. 

The Team

Every great idea or project needs to be backed by a great team of dedicated individuals who work together as a team as well as have a number of other individuals acting as advisors.  The team is made up of talented and experienced individuals in a range of fields who bring their expertise to fulfill the dream that is Iconic. These team members include: 

Jonathan Doering Garcia - Head of Business at Iconic Ecosystem - Jonathan is an expert in tax law having practiced law for a very long time His skills come in handy when Iconic is looking into smart contracts for the blockchain. 

Roger Ilhir Moreira - serves at Iconic Ecosystems as the Strategic Head. He has been very instrumental in the planning, research and development for Iconic for over 10 years now. 

Tatiana Prisccor Nassr - Content Manager - This job is perfect for her as she is a trained journalist and an amazing team player.

There are other members and board of advisors as well that have backed up this team to ensure that Iconic becomes a trusted partner when it comes to businesses and fundraising activities. In conclusion, lconic has a huge advantage as being the first to market with this kind of innovation. This will give them an unlimited size of the market. 

Blockchain is here to stay and it makes things much easier. The 3 key parts of the Iconic Ecosystem are a clear indication of what any good business should have. Buy at the earliest and enjoy up to 20% discounts to the early bird investors.  

 

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