Overview
Despite the force from some concerned large nations of the world against cryptocurrencies, the grow was exceedingly rapid in 2017. Against the backdrop of the growing popularity of the cryptocurrencies, the market experienced a true ICO boom.
It should be on record that in 2017 ICOs turned into a mechanism that allowed raising more than $4 billion for a year. It is virtually for the first time that the investment amounts raised through ICO exceeded the venture capital investments- 238 billion USD compare to 195 billion USD. Meanwhile, more than 100 token-based crypto funds were launched within first quarter.
In 2017, more than 300 ICOs were held, where more than $4 billion raised, which is four times as much as in all of 2016, which most of the ICOs were held around May to October.
The ICO today is not an easy and quick way of raising fund. Earlier, when this was just gaining popularity, one could get millions having just a good idea, a team and spending minimum for promotion. Now the game is changed, this principle doesn’t work anymore, this is because of the larger number of project that goes into ICOs.
Challenges facing ICOs
Despite the massive popularity of ICOs, the market began to drop in the second half of 2017. According to ICO Rating, the number of successful ICOs in the first half of the year was about 50%, 30% in summer, and only 20% in autumn. However, start-ups that successfully announced themselves often did not have enough time to raise necessary fund thereby making almost 70% of all ICOs to fail.
All these issues happening to ICOs are as a result of the following issues
· Lack of Trust in the ICOs
Blockchain projects has always been built on the word “Trust” and that’s why the largest ICOs were conducted by reputable people I the crypto society. But following the recent numerous numbers of ICOs, investors tend to question the trustworthiness of the new officials. as such feel not secured leaving their money in the hands of ICOs officiators.
Meanwhile the main idea of ICO is running a fund-raising without supervision of any regulators, existence of product at the time of start-up, any financial report or evidence of the company’s existence generally.
· Overheating of the ICO Market
ICOs which was meant to a good and without bad intentions has these days given taken over by group of desperate people who want make money by all means. The jump into blockchain projects to get rich quickly thereby causing confusion and painting blockchain projects bad (including the good ones)
Crypto professionals have also noted that the market is been overheated when the number of offers started exceeding the consumer demand. Now, gradually people don’t believe the idea of profitable offer, but evaluation of the prospect the each project is being examined.
Remedy from VIRUS Project
It’s no with no doubt that the solutions to the range of challenges above are quite ambitious and complex task.
For this reason it was decided that VIRUS creates three products to handle this problem, because ambitious goals require a wide range of tool to achieve them. They are;
V-Centre which is an independent commercial investment platform for creation and promotion of ICO projects with high-quality and highly secure for investors. With this tool, the problem of legality, organisation and marketing will be taken care of both for investor and the Team launching the ICO.
V-Intu; this tool will be a software implementation of the principle of mass intuition and can be used as an effective tool for planning, conducting and improving the marketing campaigns for various products in the crypto market.
And lastly, V-Team with this tool, VIRUS knowing that goals can’t be accomplished without the Trust and help of those who have being there for them even right from the very beginning. That is to say, these great people are also beneficiaries of the ICO as such they won’t want let the project fail.
Advantages VIRUS project comes with:
The most interesting thing working with ICOs through V-Center platform for ordinary investor and creators of ICOs includes;
· Maximum convenience when working with a multitude of ICO projects
· Full control of investment assets
· Flexibility in managing investment assets
· Designing of project idea by experienced marketing experts for further promotion on the market
· Helps in roadmap and whitepaper creation
· ICO development marketing and creation of unique investment offer.…. Etc
VIRUS Investment offer
ATS
ATS stand for Aggressive Token Sales, which is the new format for attracting investment to cryptocurrency projects, developed by our team of marketing experts specially fr the Virus project.
The most interesting feature of ATS is the creation of maximum interest of all participants in a favourable completion of the fundraising process.
ATS is carried out as a series of individual rounds, with a result of 80,000,000 tokens of proposed project are sold.
Check this out, you can obtain a boarder picture of ATS undergoing and of token distribution between the ronds from studing the table blow;
A Number of Tokens Issued and their Distribution
Allocation of Funds obtained in the ATS
Partnership Offer
For successful promotion of virus project we have developed a unique partnership program. It will allow each active participant of the ATS to profit from promotion of the offer.
To participate in any of the packages the our project offers, or to get full details about this project, visit any of the following channels below;
Website: https://virus.center/
Facebook: https://www.facebook.com/virusteam2018
Telegram: https://t.me/virusico
Twitter: https://twitter.com/virus_platform
Author: Prinox2
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