ICOBox, a startup that is advancing the world’s first publicly available SaaS-based ICO solution, attracted approx. $8.3m (2,100 BTC) during an 8-day-long pre-sale, receiving a firm vote of confidence from the blockchain community.
Started on August 15, 2017 and now running for 32 days, ICOBox is conducting its crowd-sale to share its expertise and ready-made solutions with new projects. In particular, the target of the sale is to attract funds to enable promising (but underfunded) projects to bring their innovative solutions to life by conducting their ICOs more easily.
The entire amount of the sale will be allocated to launch ICOs related to the projects the blockchain community deems worthy. The projects a) pre-screened by ICOBox and b) selected by the vote of ICOS token holders will receive the ICOBox’s tools for free, in exchange for their future tokens.
Holders will be offered the right to vote in the selection of future ICOs to be given the ICOBox’s tools and to exchange their ICOS tokens for the tokens of new ICOs at an average discount of 75%. To this end, on October 2, 2017, ICOS token holders will vote to select the 10 best projects to be given the ICOBox’s tools.
The company has the ambitious target to help launch 800 new ICOs over the next 12 months. 10 projects per week will be selected in the fourth quarter of 2017, increasing to 15 projects per week in the first quarter of 2018 and 20 projects per week in second quarter of 2018, arriving at 800 projects in the first year of its operations.
Founded in 2017 by Nick Evdokimov, a co-founder of SeoPult, an ex-CEO of AdInTop and a co-founder of Cryptonomos, Mike Raitsyn, a serial entrepreneur, and Anar Babaev, a Head of Digital Marketing at Cryptonomos, IcoBox provides a package consists of three modules: a technology solution, a legal solution, and a marketing solution.
The technology solution includes a book-building platform which each ICO will need, featuring a ready-to-deploy model, which can be set up and customized in under a week, a smart contract (which drives the new token) and a token management system.
The legal solution offers a review and advice on drafting the project’s White Paper and landing page by an external legal counsel experienced in conducting ICOs, the contractual documents’ drafting support, and the token legal concept review and recommendations.
The marketing solution includes a preset marketing strategy: advertising traffic budget, critical public relations recommendations, and a bounty program setup.
The public sale of ICOS tokens will end at 12 pm PDT on September 15, 2017. The minimum purchase at ICOS public token sale is 1 ICOS token @ 0.01– 0.012 BTC, depending on the date and time of the purchase.
More information about the project can be found at www.icobox.io or [email protected]