ICO market is in its recession stage. For instance, in October, ICOs raised 5 times less money than in September. Investors are more cautious about new projects. About 5 – 10% of blockchain ICOs were scams as well as an unconfirmed percentage of startups failed after their ICOs. It’s a comparatively high percent, especially when considering that ICOs in 2017 have raised more than $3 billion.
Even for promising projects, it’s harder to find investors, therefore a lot of effort should be made to create partnerships with investment funds, business angels, and investors.
Moreover, ICO management is getting more expensive. The average cost for carrying out an ICO is more than $1 million. Potential investors dig deeper into projects to minimize risks of failure. Thus, they spend much time and, luckily, lose interest in projects which cannot explain their ideas in a simple way.
RocketICO connects startups, investors, and experts
RocketICO is the world’s first accelerator based on the principles of Decentralized Autonomous Organization (DAO). RocketICO connects experts, investors, and startups in an effort to coordinate the blockchain community more efficiently and build trust within it. It will create an ecosystem that is beneficial for all its members.
RocketICO builds trust in blockchain community
Teams, groups of enthusiasts or even a single person can present their ideas on RocketICO platform. The ideas are validated by experts and community. If a project finds support, then it will be able to get financial and expert help.
RocketICO platform provides teams with following tools:
– Metrics and analytics
– ICO management
– Mentoring and consulting (includes collaborative WP preparation, MVP development, marketing campaign execution, legal work, testing ideas)
– Custom modules (project management, WP creation, landing page creation, bounty-campaign management, project discussion among experts and investors, token model development, listing on stock exchanges)
Experts can monetize their expertise by participating in RocketICO platform. They need to pass internal validation. Professionals with high competence in business, marketing, legal, software development, design, writing fields can become contributors on the platform.
Moreover, RocketICO builds a network of experts, thus, professionals from related fields can share their experience and keep their expertise up-to-date.
Investors get access to validated projects, thereby minimizing risks of failure and maximizing potential return on investment. Investors can use filters to monitor projects by date, popularity, and field. Furthermore, by financing projects at an early stage, investors get increased returns. Many investors support projects by financing as well as providing expertise. The platform enables a transparent and easy way for communication between investors and teams. Investor’s funds are protected by smart contracts. Moreover, investors have full visibility of budget spending on projects in real time.
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