Iconiq Lab (ICNQ) ICO Review – Wallbullbear Crypto Blog
Iconiq Lab is the world’s first decentralized venture capital group powered by ICNQ Token. It is an intuitive marketplace for tokenized alternative investment startups who seek funding, product development, and business-to-business assistance and training. Iconiq Lab is part of Iconiq Holding ecosystem and backed by ICNQ Token.
Iconiq Lab is in partnership with FinLab AG — large Deutschland company investors and builders in the financial service technology sector.
Decentralization and tokenization approach have seen incredibly booming in the past recent years. This year, there were about nine hundred startup companies in different parts of the world reportedly launched ICO, a figure of a group on about 21.5 billion US dollar total has been raised in just a span of ten months, adding to the total of 205.5 billion US dollars in the crypto market capitalization at the time of this writing.
This approach may continue to rise as blockchain popularity is growing. But despite the optimism, according to some reports, ICO funding has fallen since January. An independent report claimed that almost half of known listed startup firms who launched ICO this year collected no funding for their projects.
While this report might sound misleading considering Bitcoin price this year, they, however, mention that the source might find inside startups own inherent inefficiencies, which I believe, true.
This is noticeable, especially if you are visiting an ICO landing page. A low-quality and insecure website, poor infographic contents, unrealistic objectives and poor marketing strategy can encourage any investors to not engage in a startup project.
On top of this is the known fact that about 60 percent of ICO fail at the first stage because their proposed products or services do not have any value and demand in the market.
This is why Iconiq Lab has been created —
Iconiq Lab is the world’s first decentralized venture capital investors group which aims to connect traditional and alternative investors to most promising ICO startups.
Iconiq Lab is creating an ecosystem which aims to also helps companies who like to build and start their own tokenizable business by offering them a business to business assistance, training, funding, and aid to further develop their blockchain and crypto coin using Iconiq Lab’s own ICO and token sale accelerator program.
One of the biggest challenges when launching an ICO is where to get funding that will be used for digital marketing and PR, ICO development, technology development, cyber security management, and concept development. With Iconiq Lab’s Seed Funding program startup can now secure they will get an expense coverage for them to properly launch their own ICO.
Iconiq Lab is not just an accelerator program for tokenized alternative investments, but it is also a platform that builds a business to business assistance for any companies who like to take part. With over 500 applications, 9 projects are selected to join the accelerator program.
The ICNQ Ecosystem —
Iconiq Holding is a digital asset management platform which consists of Iconiq Lab, Iconiq Media, and the Iconiq Fund. All interaction and operation within the ICNQ ecosystem are backed by Iconiq crypto coin ICNQ Token.
Iconiq Lab is powered by ICO and token sale accelerator program and is responsible for providing tools and assistance for any companies issuing their own blockchain solutions and own crypto coin. Iconiq Lab is founded in earlier last year.
Iconiq Fund is a decentralized venture capital and portfolio company created this year to offer investors an opportunity to diversify cryptocurrency investments to the highest growing asset class of today’s market.
The ICNQ Token is the main currency of the ICNQ platform and serves as the backbone of the whole ecosystem.
ICNQ Token —
ICNQ Token (ICNQ) is an ERC20 utility token that will be used throughout the Iconiq Holding ecosystem. Its main use case is to reduce overall token velocity, balancing supply and demand, increasing token demand, organically growing buy-side token volume, and for loyalty program as well.
On top of that, each quarter, 10 percent of redeemed ICNQ voucher utility token will be burned.
Where to get ICNQ Token Now?
The Iconiq Lab team is now conducting the token sale to collect funds that will be used to further develop and maintain ICNQ ecosystem. All early backers can get bonuses based on the stage of participation.
To take part simply go to Iconiq Lab’s official website: https://iconiqlab.com and select “Get your GBX-GRID account today to participate”. Iconiq Holding is in partnership with Gibraltar Blockchain Exchange to make this ICO possible.
If you like to know more about this project head on to Iconiq Holding published Whitepaper: https://iconiqlab.com/wp-content/uploads/2018/09/20180903_Iconiq-White-Paper.pdf and Color Paper: http://iconiqlab.com/icnq-color-paper
I invite you to make your independent research about this project and hire a professional investment advisor. For any question, don’t hesitate to contact Iconiq Holding team, social links and telegram group is available below.
Iconiq Lab is the world’s first decentralized venture capital investors group which aims to create an ecosystem that connects investors to most promising startups. Iconiq Lab also aims to accelerate companies who like to start their own tokenizable business and further develop their blockchain and crypto coin before being readily available to the public. Be part of Iconiq Lab’s dream.
Take Part Now!
Proof of Authorship: