A few days ago I did a brief overview of the trade.io trading platform. I also talked about some of its features like its flexible UI and customizable trading environment. Trade.io is creating a world-class trading platform that will have enough room to contain various kinds of cryptocurrency traders. The aim of this Swiss company is to create a democratic financial market that others can follow.
Apart from having general objectives, trade.io has some features that foster the actualization of these objectives. One of these features is what I will be talking to you about in this article. The company in its quest to solve the minor issues constantly faced by cryptocurrency traders started out by creating a model that is approaching the problem-solving procedure from the root. I am talking about the ICO Consulting Service that trade.io offers.
An ICO is basically fundraising, and the funds generated or donated during an ICO aren’t necessarily meant to be considered an investment because in most cases, there are no guarantees that such funds would give a positive ROI (Return on Investment). Decentralized projects (or say blockchain projects) usually use ICO campaigns as a means to generate funds for their projects. This is done through the creation of a native token for their projects. Donors then buy some amount of the token as a means to support the projects. The demand for the token by donors who seek to support the project is what creates value for the token. So when the demand is high, the token value will also be high; fundamental principles of demand and supply. The issue here is that sometimes, enough demands isn’t available to push the value of the token in such a way that it will be capable of fueling the project and that’s where trade.io comes in.
Trade.io seeks to help project owners generate demand for their token by leveraging on their community of over ten thousand traders. Putting that aside, trade.io has a team of experts with a wealth of experience when it comes to dealing with ICO’s. They were able to raise over $30 million during their own ICO which lasted for about two months. This shows the level of competence that the team has.
The key to successful ICO campaigns based on my personal opinion is the proof-of-concept evidence that the idea or the promise that a project owner is putting forward is feasible and sustainable). Without this, most potential investors would shy away from such projects even if it has the potential to become a successful project. The proof-of-concept will first be put forward in a project’s whitepaper. This is why trade.io will have their team review the whitepaper of these projects to ensure that there are no loopholes or backdoors. In addition to the whitepaper review, trade.io also does the following for projects before recommending them to their community;
- Planning, Strategy, Security and Design: trade.io will assist the projects in effectively planning their roadmap and model in such a way that no future security issues will arise.
- Recruitment of Advisors/Escrow/ Influencers: trade.io will also play a major role in forming the team around this project that will ensure the success of their campaign.
- Database Community Management/ Bounty & Airdrop Management
- Marketing Consulting: trade.io will also render a marketing scheme for the project that will be highly effective.
- Angel Investor Program: this is one of the core features of trade.io and with this trade.io will be able to provide some measure of liquidity for the project through funds entrusted to them by Angel Investors for investing in promising ICO’s.
- Smart Contract Token Creation: trade.io will also aid the project in creating their own native currency and will create some value for this token through a successful campaign.
- Smart Contract & Platform Security Audit: the trade.io team will ensure that there are no loopholes in the design of the platform for the project. This will be done by their team of experts specially hired for this purpose.
- Access to trade.io Community: the life-line of any project is that it has a group of people around it that are readily available to try out its services and tell others about it. Trade.io will provide this to emerging projects using the strength of their own community.
This core feature of trade.io will take away some of the struggles of new projects with respect to how funds will be raised. This will be a game changer for most project owners including you if you are one. You can also choose trade.io today for a world-class trading experience on a customizable trading platform. This is Bait and I’m bringing you words from the Offline Minnow School.