CRYPTASSIST Is Here To Help ICOs

cryptrex (46)in #blockchain • 8 years ago (edited)

After the success recorded by a number of cryptocurrency based projects, Initial Coin Offering (ICO) has become a go to for startups seeking for funds to enable them to kick start their project. As many ICOs are being launched on a daily, the growth has been hampered by cases of scam which many people have fallen victims to. We have seen a decline in the number of investors participating in ICOs and the amount of funds being raised by ICOs when compared to the statistics about a year ago. These days many startups find it difficult to raise the needed fund for their project and as a result many creative projects fail before they are started.

Cryptassist is integrating a number of ICO centric solutions to enable startups reach their target when it’s comes to crowdfunding their project, community management and community growth. Cryptassist intends to rejuvenate and reinvent Initial Coin Offering. Erode the irregularities which have become commonplace in the process and usher in an attractive, secure, transparent ICO process through the Cryptassit ICO Assistant, Cryptstarter and CryptoGo platforms.

Helping ICOs

The Cryptassit ICO Assistant just as the name implies will assist ICOs with all the necessary tools that will enable them to crowdfund and kick off their project. To be granted access to the Cryptassit ICO platform, project founders will have to undergo a comprehensive KYC procedure after which they will be able to list their project on the platform. The platform will enable projects to create their tokens with a click of the button, offer Escrow, ICO audit, Translation, Website creation, community management, and Technical advice services. Detailed information about project team members, and comprehensive information about the project will all be available on the Cryptassit ICO platform.

Fully Insured

Cryptassist will serve as an escrow between investors and project creators through the Cryptassit Cryptstarter platform. This will provide security of funds as Cryptassist will only release the funds to the project creators after certain conditions have been met in order to eliminate any possibility of them running away with investors funds.
Project backers will have full confidence in the system knowing that their funds are safe and secured. Crptassist is all about making cryptocurrency work for everyone and as such the Cryptstarter platform will be offering project backers the chance to invest in any project of their choice and pay in cryptocurrency. This will eliminate the current practices where only a few cryptocurrency and fiat are accepted, it will reduce time spent on different platforms trying to first exchange cryptocurrency to fiat or to either Bitcoin or Ethereum before one can invest in a project. The Cryptstarter platform will accept payment in any cryptocurrency at the current exchange price. CTA holders will be able to take part in discussions, exchange ideas and rate projects, this will be another means that will help prospective investors to make informed investment decision.

Augmented Reality Meets Crypto

CryptoGo is another tool that will help ICOs in their crowdfunding and it will be available for smartphone users . It’s an Augumented Reality based app that has been developed to enable ICOs to organise airdrops at various times of their ICO. Users will be able to track and catch airdropped coins/tokens. While the CryptoGo app will be fun to use, it will invariably bring financial incentives to app users. ICOs will benefit from having access to a large crypto community which will add to their community outreach and growth. It will also serve as a means for ICOs to attract potential investors to their project.
Having an ICO haven’t been any easier than this.

Conclusion

Cryptassist will save upcoming ICOs from being victims to a system that has been infected by the actions of a few bad eggs. Potential investors on the other hand will benefit from the insurance of funds provided for by Cryptassist and go about their daily business with full assurance of the security of their investment.