ICO Head Start Is A Fundraising Platform That Measures The Trust Or Scam of ICOs


As the world goes crazy through Bitcoin, Ethereum, and ICOs, it is becomingly increasingly difficult to tell trapdoor from a ladder.

Traditional financial regulators are rushing to add RegTech to the maelstrom and everybody in tech seems to have become a crypto-trader in 2017.

The blockchain, a ledger that not only tracks digitally currently but is just as precise a regulator of other entities as the bloodstock industry or even human heredity, suggests trust is the backbone.

However, in the world of the internet, scammers are never far away and the ICO market is ripe for the worst type of speculators and an even worse type of trader.

ICO HeadStart wants to change all this and has today announced its ICO for the so-called Mother Of All Tokens (MOAT) token early next month.

The company describes itself as a fundraising platform that makes the choice of which ICO to invest in a more credible process. It curates the most promising ICOs and says these are thoroughly screened, selected and certified with its own ‘Seal of Approval’.

ICO HeadStart thoroughly pre-screens the projects they list and its platform operates with the help of compliance officers who are dedicated to selecting, screening and certifying ICO projects before they are allowed to join the platform.

Through this strategy, the company offers its community access to only the best ICO proposals, while also providing the highest level of risk management in the ecosystem.

“We are thrilled to officially announce the ICO of the MOAT Token. We want to streamline and add much-needed transparency to the ICO process.

“We want to develop the first platform that successfully screens ICO proposals, certifying them with our Seal of Approval and then listing them on our platform. We strongly believe that the ICO HeadStart platform will empower the blockchain community,” said Nawid Habib, Founder of ICO HeadStart.

ICO Headstart’s profit-sharing model hopes to contribute a value increase of the MOAT token, therefore maximizing profits of the entire community. In total, 80% of the profits made on the exchange and through contracts with the project creators on its platform, will be used to buy back MOAT from token holders.

ICO Headstart plans to use the remaining 20% of MOAT tokens for newly listed projects on the platform, therefore giving them a head start in the funding process.

A harnessing the power of the crowd instead of single individuals, ICO HeadStart creates the capital and the execution structure and then democratizes that access to everyone in the community.

Once the community has determined that a specific project warrants funding, the funds gathered will be held in escrow.

Based on the amount of funding needed, the project campaign roadmap and its Scorecard Analysis, ICO HeadStart will work to draw up an escrow contract for each individually listed ICO on the platform.

It is an intriguing prospect to see if this Version 1.0 of RegTech will prove to differentiate between ICO value and potential scam, but as ever, it will be down to the market to decide what is a trapdoor and what is a ladder.