Topic: Any knowledgable thoughts on how to create a healthy environment for ICOs? - page 3. (Read 783 times)

A beginner’s guide to ACO investing. This investment guide is an introduction and steps to look out when investing in an ACO.

Up until Q1 2018, the total dollar amount raised in initial coin offering (ICO) was staggering USD 6.3 billion a 118% increase in the total compared to previous year. With a total market capitalization of over USD 100 billion, the crypto-currency market has attracted a lot of investors but the concern over lack of transparency in ICOs raised the red flag as well. To overcome this obstacle, ACO Platform Foundation developed an antidote that can maintain the health of ICO’s industry. Famously known as Accredited Coin Offering (ACO), is a new framework for ICOs that reduces the risk for both token issuers and investors through accreditation, ensuring successful and market regulated fundraising.

Thinking of investing in ACO?

There is no doubt every investment hold some risks, and that is why the investments have potential to make us money. As mentioned in the earlier articles, ACO has accredited processes that made it safer and can be extremely profitable.

If you never heard of an ACO, an ACO is an acronym from Accredited Coin Offering. An ACO in some ways is similar to IPO (Initial Public Offering), in which a company sells off their shares in their businesses to investors but by using Blockchain technology and the automation processes are accredited, seamless and safe.

IDHub, a nonprofit foundation that registered in Singapore, announced its partnership with ACO Platform Foundation. As a member of Enterprise Ethereum Alliance (EEA), IDHub devotes to digital identity solution equipped with three elements: sovereignty, security, and privacy. IDHub had completed its pre-sale and Initial Exchange Offering (IEO), and had been listed on two exchanges: GDEX and LBank.

Through this strategic partnership, ACO reviews and accredits the status of IDHub. Once IDHub meets the standard required, ACO will guarantee IDHub by insurance and facilitate the process of listing on other exchanges. IDHub is the first use case to go through the accreditation process of ACO. It is a tremendous milestone since ACO and IDHub are both foundations committed to leveraging blockchain technology in the social good sector.

US Laws are the tightest regarding ICO regulations compared to other countries in the world. But if the US SEC is really serious about this matter, they should invite and discuss with entities that can give accreditation or credit rating to the ICOs. So, far we ain't see that coming... bummer..

Yes I do. i think regulation of ico's would cut the launch rate in half at least. Of course regulation would have to come from multiple individual countries for this to have a dramatic effect. I believe the US is slowly moving closer to regulation and we can see them chasing fraudulent ico's already however this is only in the US and there are a lot of other countries in the world launching ico's.

We are in the midst of the Blockchain era, it is not a bubble anymore and IDHub decided to partner up with ACO Platform Foundation and move forward to launch their first ACO project. They believe crypto-funding via ACO is an effective way to fundraise their business. They have an option to execute conventional ICO option but for long-term sake, they preferred the accredited process through ACO platform. It is a safe accredited and win-win situation to both them and their investors. Launching an ACO can be a great mark of success for crypto-funding platform but it requires overcoming major hurdles that currently plague the industry. IDHub is sharing their experience the steps taken to drive their successful ACO and how pre-ACO prospects can learn from them.

Yes i do agree with all of your points. But SEC should have a regulation in place right now for ICOs, don't ya think?

The way to fix this is through regulation (SEC) or otherwise. Which in the long term is a good thing for the crypto world. Possibly it would have a short term negative effect but in the long term would increase the quality of ico's and would help to eliminate the scams.
right now the only choice is your own due diligence in investigating the ico through research. I think you can eliminate a lot of ico's this way. After that you are taking a risk but at least it's an educated one. Reverse KYC is an interesting idea however you can also find out a lot in linkedin at the moment.

The year of 2018, the rise of new Malaysia, it’s the right time to revolutionize new entrepreneurship landscape by enhancing Malaysia’s startup economy. The young Malaysian entrepreneurs feel they have better future now. We have witnessed Malaysia produced high-growth regional startups, i.e Dah Makan (USD 1.3m), BookDoc (USD 2m), RecomN (USD 1m) to name a few, expand their businesses not just in Malaysia but international market too. Start-ups may be a small company but they will play a significant role to Malaysia’s new economic growth. The start-ups will generate more job employments that potentially to eradicate existing problem such as urban poor and unemployment issue. Malaysia’s new economy will be revolutionize by the next-gen start-ups of. Initial Coins Offering or famously known as ICO has been the famous fundraising instrument to a lot of start-ups worldwide. In 2017, famous ICO projects raised millions of USD in just for few hours or days. For instance, project Aragon raised USD 25 mill in 15 minutes, project Basic Attention Token raised USD 35 million in only 30 seconds and project Status.im raised USD 270 million in a few hours. However, with unclear regulations and high risks of fund lost, ICO is considered as a high-risk fundraising mechanism.

ACO platform will simplify the process of creating crypto funds. The service would allow start-ups to create the fund they need for their businesses and provide a secure investment tool to private investor guaranteed and backed up by the government via accreditation process. It’s not like the wild wild west of ICO where the investors may face serious risks since the token sales are not subject to securities regulations. On the other note, the ACO platform will be the first market-approved crypto fundraising platform available. Major institutional banking and insurance companies will be affiliated with the ACO platform.

Cryptofunding platforms are an innovative way that is applying blockchain technology and they have been around for several years now. Starting from ICO, these cryptofunding platforms that raised billions of dollars to back varied projects. It is getting high traction now but ICO has its own issue and created craze spreading across the crypto space, is ICO helping the market or it’s creating problem. People start to have mix of positive and negative feelings towards investing through ICO nowadays. We think the ICOs need to fix the problem before Securities and Exchange Commission (SEC) fixes them.

IMHO, what we need is a somewhat revolutionary idea that could help create a safe & healthy environment for the ICO industry, and that idea must be:

1. An immediate effective solution
2. An accredited solution using insurance that guarantees the result of ICO (so it is trust worthy)
3. A solution remedy to the ICO problem and a way of governing ICO
4. Working towards a government supported exercise to benefit startups and investors alike

Do you guys have any thoughts about this?
Are they any teams/projects developing this kind of solution now?

please take a look & tell us what are your thoughts

I don't know this one and it would take a while to do a proper research. Sorry.

Typically discount buy groups such as Bank to the Future (which I don't like) and some investment funds that sometimes disclose their research to members, such as Astronaut (formerly Picolo Research). I am sure there are others that have the time and resources to do a true Due Diligence.

great idea. what do you think about this platform i found: https://www.acoplatform.com ? any thoughts?

Simple, abandon the concept the ICO and replace with :
1. Venture Capital if the developer aim to make centralized service
2. Forcing the developer to make/develop few percentage of the project and can be shown/accessed before do ICO/VC.
3. Use community funding system such as what Monero use (https://forum.getmonero.org/8/funding-required)

hi how's everyone is doing? do you agree that we need to get the ICO/startups to be accredited in order to create a safe & healthy environment for the ICO/startup industry?

What say you?

i came across this https://www.acoplatform.com
could you please take a look & tell me your thoughts?