QUOINE’s ICO platform helps token issuers take back control

We recently released our ICO platform, ICO Mission Control. Our goal is to vastly improve the entire ICO process, for both token issuers and ICO participants. We do this by simplifying the way ICOs are done to make it safe, seamless and secure for all, with everything taking place within our platform. 

QUOINE has a base of hundreds of thousands of KYC-verified users. We offer a safe haven for token issuers to conduct a token sale so they can focus on important matters at hand like developing their project. We’ve eliminated the risks that come with ICOs, such as data leaks, hacks, phishing and scams. The mechanics of any token sale held with us are fully customisable, from caps to bonuses to phases and referrals. Our no-nonsense, straightforward approach means that the days of ICOs being a burden on token issuers can now be over. We even have a direct gateway to an exchange listing on our QRYPTOS exchange, soon to be LIQUID. 

We pride ourselves on our partnerships and we are always on the lookout for credible, reputable companies who want to list their token or hold an ICO on a platform they can trust. We reached out to some of our partners who are listed on QRYPTOS to ask them about their own ICO experiences and how ICO Mission Control could have made their lives easier. 

Dragon

Paul Moynan, founder of Dragon, told us that Dragon had a truly organic and international ICO team, with individuals from 10 different countries contributing a wealth of knowledge and expertise to the token sale. But the ICO process brought with it a lot of interesting challenges. 

Paul told us that pain points are inevitable when trying to grow something. One of the main concerns was the spreading of fear, uncertainty and doubt (FUD) within the cryptocurrency community. However, as a great man once said, you will never reach your destination if you stop and throw stones at every dog that barks at you. 

ICO Mission Control would have helped Dragon in terms of how they were able to manage their time.

“Time is the main factor and with ICO Mission Control as a value add and great plug-in, time is the biggest takeaway which gives any team the time to focus on business development and keeping an eye on the ball for all the opportunities this evolution of society through blockchain has to offer,” he said. 

One of the perks of ICO Mission Control is that is it gives back to developers time that would otherwise have been spent fussing over every aspect of their ICO. 

Earth Token

For Earth Token, conducting their ICO was a whirlwind of an experience. There were a lot of very quick moving parts, and everyone in the team had to wear many different hats. 

Wesley Carlson, Earth’s Director of IT & Blockchain, said, “One of the main pain points was having to continuously keep up with people trying to ‘game’ the ICO sales process or platform – having to stay one step ahead of the scammers, hackers and chancers. If this was not a concern, time would have been better spent on marketing, development and business activities.“

If Earth had been able to use ICO Mission Control, they wouldn’t have needed to worry about the sales application and the security of the process. Furthermore, the exchange gateway would also have been a significant help, he said.

“The idea that the tokens are immediately available for trading on the QRYPTOS exchange would have been an immediate selling point too.”

Ink Protocol 

We spoke to Gee-Hwan Chuang, CEO and Co-Founder of Ink Protocol, to hear his thoughts. 

Ink Protocol decided to not do a public ICO as the presale sold out very quickly, hitting the hard cap of US$15 million in just a few minutes. Despite this, the token sale was very difficult to manage. 

“The process had so many moving parts and took the effort of our entire team to run smoothly. From start to finish, the process took several months, taking away from important parts of the development process, such as building the technology behind our project,” he said.

The main pain points identified by Ink Protocol were:

• KYC and identity verification
• Security of the platform
• Preventing hacking, phishing, and scams
• Collecting ETH/funds from the sale
• Distributing tokens to buyers

Gee-Hwan said that if they had been able to use ICO Mission Control, they could have saved a few months of time and likely managed to get their product integrations out a lot faster, as they wouldn’t have to had manage the sales process manually themselves.

“An all-in-one platform that can handle all of these things is an amazing idea,” he added. “Startups and projects could save a lot of effort and spend more time building with a product like the ICO Mission Control.”

Summary 

All of the tokens issuers we have spoken to made it clear that ICO Mission Control would have saved them a lot of hassle and, importantly, a huge amount of time. Our platform would have let these teams focus on their project’s development rather than on the token sales process, and all the headaches involved. Other major issues identified included KYC, safety and security. The ability to have the token immediately available for trading after the ICO was also singled out as a plus point.

For these tokens, their ICOs were a learning experience and we can clearly see the common challenges any team faces in conducting an ICO. With our platform, there’s no reason why another project should have to go through the experiences described here. 

If you’re looking to do an ICO, contact us: [email protected] or go to our FAQ to find out more.

We’re here to make life easier.