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Topic: Any knowledgable thoughts on how to create a healthy environment for ICOs? - page 2. (Read 783 times)

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Tokenizing The Global Halal Industry — The Next Big Venture Achieving Utility Economic By Dynamic Duo ACO and CVM

Halal Utility Economic Tokenization In The Making

The halal global market value, according to statistic.com, the statistic shows approximately 1.4 trillion USD in 2017 and are expected to reach 2.6 trillion USD in 2023. For the benefit of those who may not familiar with this industry, Halal is an Arabic word for “permissible” and is often used to refer to food and drink which are acceptable for Muslims to consume under the Islamic law. How does this industry relates to blockchain some might ask? Fair question. One of the most compelling uses of blockchain technology is the ability to record information and verify where and when it was added to the network.

This will be a strong compulsory feature for Halal consumers where traceability and transparency of the source material for Halal food. That is the answer to how Blockchain technology is relevant to this venture. The adversity of knowing when and where a product was made is interesting, being able to trace its history is powerful and tokenizing it is the next big thing in Utility Economic. Digital tokens are designed for Utility Economic activity and blockchains are ideal to handle them.


jr. member
Activity: 119
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Ideas Sharing Between UDAX And ACO On The Implementation Of Digital Asset Exchange In Asia

July 29, 2018 — Kuala Lumpur, Malaysia, the implementation of a digital asset exchange in Asia is aggressively led by exchanges players worldwide. With Crypto currency is being widely accepted in most countries, the aim of the digital exchanges players is not only to list currently trading digital coins but also to provide liquidity facility for all companies within Southeast Asia region.

ACO team Malaysia had the opportunity to discuss on a potential collaboration of digital exchange impIementation in Asia with United Digital Asset Exchange (UDAX). They have successfully launched UDAX Korea, and UDAX Hong Kongis going live only on 31st July, 2018. According to Dr Bobby Lieu, CEO of UDAX, the first professional digital asset exchange that consists of brokerage firms and investment banking professionals in the world.


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Activity: 119
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Succes Is Not Final, Failure Is Not Fatal
ARTHUR YAO AT WBS FRANKFURT 2018

The ACO Platform Foundation CEO, Mr Arthur Yao was making headlines at the Frankfurt World Blockchain Summit 2018 by Trescon Global. He gave a tech talk to the audience about The ACO Platform and its role in the Utility Economic (UE) Ecosystem.

The session gave a positive rapport throughout the World Blockchain Summit and The ACO Platform Foundation is committed to provide the best cooperation to interested parties involved.

WBS Frankfurt: frankfurt.worldblockchainsummit.com
ACO website: acoplatform.com 
ACO Telegram: t.me/theACOplatform 

jr. member
Activity: 119
Merit: 2
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Malaysia Technoprenuers Launches Crypto Valley Malaysia (CVM) To Facilitate The Blockchain Needs For Government And Industries

June 20, 2018 - Kuala Lumpur, Malaysia, the newest edition of a tech foundation called Crypto Valley Malaysia (CVM) has launched. The CVM believes that it will facilitate to combine industries, government and business communities need in the implementation of Hybrid Exponential Technologies such as Blockchain, Big Data, Artificial Intelligence, Machine Learning, Singularity Technologies and many others to solve the real industries and business needs.    

CVM CEO, Faizal Shebli conclude in his welcoming speech “CVM is aiming to put Malaysia to the eyes of the world, Blockchain best practices will bring huge benefit to the country. Both public sectors and industries will see how blockchain bring the Internet of value: a new decentralize platform that will reshape the world business”.



jr. member
Activity: 119
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Utility Economic: Value Consumption To Power Up Business To Business To Customer (B2B2C)

The Blockchain is venturing to revolutionize the new internet and the world is experiencing a new economic phenomenon known as the Utility Economic. This revolution is tokenizing every business in the world and it makes sense that the Utility Economic is booming up the sector of utility-to-consumption (UTC) business model to serve B2B2C. The Utility Economic communities comprise of entities from businesses and mass consumers that communicate electronically and transacts using decentralize platform powered by Blockchain. This is Glocal agenda both to serve global and local businesses and this is massive.

“The Utility Economic is upcoming next. It has the potential to underline real consumption of asset value using blockchain technology and enhance it” said Ted Huang, Father of FinTech who coined the term Utility Economic.


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ACO, The Engine That Fueled The Explosion Of Utility Economy By Yang Braxter

The Rise Of Utility Economy (UE)

The fast-growing world of tokenizing business through Blockchain technology raised up a new economic phenomenon known as the Utility Economy (UE). In what is called the Utility Economy, a term coined by Ted Huang, the father of FinTech, imagine the token value created in all the crypto-land perspective can simultaneously create the visibility of identity, information, ownership, property and any real-world objects that creates its own unique digital representation. Trust is fragile, the Decentralize Ledger Technology (DLT) deployed to unleash the control that used to be placed in the hands of a few. Once we make systems decentralize, every participant share the responsibility and authority to display transparency.

All the digital representation symbolized in token form will fuel up all the elements that generate systematic reinforcement towards target behavior. These reinforcers in tokenized form having the behavior to interact with other reinforcers in the different business environment making utilization of future access to product and services. This is what we coined as the Utility Economy.


jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
Throughout my experience, i came across a lot of ICO scams. Wouldn't it be great if we can find a way to fix this? Apart from doing due diligence & research on your own, is there any other way to invent some kind of safety features for the ICO dilemma? Let's share our thoughts & idea here...something that's realistic perhaps?

One initiative I am very happy with is the "Inverted KYC". IcoBench asks members of the ICOs team´s to prove identity and possibly a bit of the background and makes an special mention of those who pass this requisite.



I really like this idea, but instead of just knowing information to only one party why not both?

I have idea to suggest.
Don't make fun of this.
It is better to have a request from fbi so that a developer can run a project in  legitimate way and can also help investors be secured. If developers are scam then fbi can trace them easily.

Is it exaggerated? 
nope its not exaggerated. and im sure FBI are on the topic of ICOs. The ACO Platform have no problem with the regulators, authorities or governments...in fact they're are open to work with them.

the Malaysian SC have already called them up & they will be having a series of meetups to discuss further on how they can work together.
jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
I had a lot of thought on this and posted on the topic phases ico. I think there are two major levels of ico fundraising the series a/b crunch where millions are appropriate but you should have a product or demo at the very least, and the small early startup who can't get money any other way. I think current systems do a good job for the former but without a turnkey service you end up with people who add tokens pointlessly to their software rather than doing a security token (with all the legal compliance etc) and using that to fund development of non blockchain software.
beta version of the platform will be ready in August or September. It will be used by a global startup awards entity..
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Throughout my experience, i came across a lot of ICO scams. Wouldn't it be great if we can find a way to fix this? Apart from doing due diligence & research on your own, is there any other way to invent some kind of safety features for the ICO dilemma? Let's share our thoughts & idea here...something that's realistic perhaps?

One initiative I am very happy with is the "Inverted KYC". IcoBench asks members of the ICOs team´s to prove identity and possibly a bit of the background and makes an special mention of those who pass this requisite.



I really like this idea, but instead of just knowing information to only one party why not both?

I have idea to suggest.
Don't make fun of this.
It is better to have a request from fbi so that a developer can run a project in  legitimate way and can also help investors be secured. If developers are scam then fbi can trace them easily.

Is it exaggerated? 
jr. member
Activity: 174
Merit: 6
I had a lot of thought on this and posted on the topic phases ico. I think there are two major levels of ico fundraising the series a/b crunch where millions are appropriate but you should have a product or demo at the very least, and the small early startup who can't get money any other way. I think current systems do a good job for the former but without a turnkey service you end up with people who add tokens pointlessly to their software rather than doing a security token (with all the legal compliance etc) and using that to fund development of non blockchain software.
jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal

Archipelago Group Announce Partnership Streamlining the Insurance Underwriting Process For ACO

ARL International Limited (ARL), which is associated with the Labuan based Archipelago Insurance Group and ACO Platform Foundation today announced the partnership for ACO. A Perfect blend between two organizations to streamline insurance underwriting process that will strengthen the accreditation within ACO. The Archipelago Insurance Group underwrites all lines of General and life insurance including Takaful, Reinsurance based in Malaysia.

ARL is a Labuan based general insurance broking company with operations in Kuala Lumpur, Malaysia. ARL’s principal activity is to mainly structure and broker international insurance products and services for both individuals as well as corporate customers.
“ARL is excited about our new partnership with ACO Platform Foundation. This will enable us to deliver the first of its kind underwriting service and workflow functionality for ACO platform”, said Richard Goh Ah Hong, the Group’s Chairman.


jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
In perfect world there should be a working prototype of ICO product.
Cause now most of them sell an idea without any knowledge of how to make it live
hoping that ICO money will help them, whcih is obviously not always so
This ACO platform is working towards it. IDHub (idhub.network) is one of their success stories..
jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
As the industry becomes more regulated this will happen anyway. Until then, there are a few good sites out there that review ICOs. Try finding one that you agree with and then using their recommendations.
yes i agree. cyrpto companies can't forever fighting with the regulators...
jr. member
Activity: 112
Merit: 2
In perfect world there should be a working prototype of ICO product.
Cause now most of them sell an idea without any knowledge of how to make it live
hoping that ICO money will help them, whcih is obviously not always so
newbie
Activity: 45
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As the industry becomes more regulated this will happen anyway. Until then, there are a few good sites out there that review ICOs. Try finding one that you agree with and then using their recommendations.
jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
ACO Welcomes Crypto-Friendly Countries In The Race Of Crypto-Funding Economy

This is the race to reality. It is not a bubble anymore and it is happening now.

The rise of Accredited Coin Offering (ACO) — as controversial as it may sounds — is a signpost to the new paradigm of decentralized and democratized fundraising mechanism, customer-driven business models that supersede beyond the borders of any one country. Some say it’s a significant paradigm shift beyond the industrial edge which becoming conservative and require a crypto-innovative overhaul to stay relevant in the new world economic model. ACO is an accredited crypto-fundraising enabler that any country should consider. It’s mission to rescue the ICO industry to be seen as the antidote to become stabilizer and maintain the industry health.


jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal
Macallan Capital In Partnership With ACO Platform Foundation As The First Accredited Service Provider (ASP) For ACO

ACO Platform Foundation is proud to announce its partnership with Macallan Capital Group. Macallan Capital is a private venture capital establishment based in Singapore that has been providing financial audit and solution for clients in Asia markets over the last decade. Macallan is the first accredited service provider (ASP) for the ACO platform.

“Macallan as VC is very excited about the impact of blockchain crypto-funding platform such as ACO. This is the future and we believe this accreditation alliance will benefit VC and investors in the long run.”
said Mr. Aditya Bhugtiar, Group Managing Director of Macallan Capital.


jr. member
Activity: 119
Merit: 2
Succes Is Not Final, Failure Is Not Fatal

NEWS: ACO's Pre-Sale Is Live And Exceeding Expectations – The ACO Platform Creates A New Paradigm In The World Of Crypto Coin Offerings

During a recent interview, a company spokesperson made these comments: “The Accredited Coin Offering Platform will be the first market-approved crypto fundraising platform available. Major institutional banking and insurance companies will be affiliated with the Accredited Coin Offering Platform.” He goes on to say: “The platform will provide an end-to-end process for creating ICOs on an easy to use the platform. ACOs will enjoy access to underwriting services while investors will be able to access projects approved by professional institutions.”

IDHub, a nonprot foundation that is registered in Singapore, announced its partnership with the ACO Platform Foundation. As a member of the Enterprise Ethereum Alliance (EEA), IDHub is devoted to digital identity solutions equipped with three elements: sovereignty, security, and privacy. IDHub had completed its Pre-Sale and Initial Exchange Oering (IEO), and has been listed on two exchanges: GDEX and LBank.


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Activity: 119
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Accreditation Is Getting Attention In ICO World Right Now

In what is being perceived as one-sided move in ICO world, countries had taken a more stringent move by introducing a new set of ICO regulations. Russian government made this move to protect the investors and instruct ICO providers that facilitating token sale event will be obliged to guarantee that investors can sell back their tokens.

Big headphone manufacturer, Monster Product Inc has applied to U.S. regulators to launch a giant USD 300 million Initial Coin Offering (ICO), a Securities and Exchange Commission (SEC) filing signed.


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Activity: 119
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Succes Is Not Final, Failure Is Not Fatal
Social Entrepreneurs Think ACO Will Be A Good Crypto-Funding Platform To Enable Social Good Projects

Crypto-fundraising for social good projects. In addition to business funding, ACO platform can enable social good projects by engaging new supporters, constituents and future advocates. The platform will promote collaborative thinking that can provide solutions and create positive social impact. ACO is a collaboration platform that gets people involve in an early stage to make them feel connected to the project and likely to repeat their support and advocacy. Social communities that involve within ACO platform can start their social good projects and get connected to communities around the world who would like to participate.

Money is not the only thing from stopping people from doing something good for the world. We interviewed two social entrepreneurs in Malaysia and shared the ACO platform for their crypto-funding needs to raise fund for their social projects. They supported the idea of accreditation process behind ACO and agreed that this can symbolize as the fundraising platform for social entrepreneurs.


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