Bitcoin is a crypto currency and a digital payment system, invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto It was released as open-source software in 2009.
The system is peer-to-peer, and transactions take place between users directly, without an intermediary, These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.
As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin.
Ico-coins is a crypto currency. This currency is like the Dollar, but it is only available in the digital world. The concept may sound like Bitcoin, and is actually not much different from bitcoin.
Peer-to-peer itself means ico-coins runs without having a central server. The storage server is decentralized and distributed-divided into various servers run by each user connected to the network.
Just like Bitcoin, it can be sent anywhere in seconds, whenever and wherever you want. Money transfer with ico-coins can happen only with a smartphone's and internet connection.
Transfer fee can be removed until free, but to speed up transactions, you can set the cost in ico-coins wallet as needed no matter how much coin is sent.
All the transactions we have done can be seen, but we do not know who the owner of the ico-coins address is if the owner does not tell it. Each Ico-coins user can actually choose whether or not his name will appear, but even if the user wants to keep his identity secret, all of his transactions are still recorded and can be monitored through blockchain.
You can transfer ico-coins to anywhere in the world as long as it is connected to the internet. ico-coins will be deposited into the ico-coins Wallet. 1. Register via Web wallet or Download Wallet app 2. Enter Ico-coins Address from the transaction opponent and the amount of ico-coins you want to transfer .3. Click send button.
Ico-coins supply will only have 15 million coins worldwide, this resembles an economic system based on deflation and with increasing supply coin, ico-coins prices tend to rise, when demand is high and the number of coins that remain is not increased.
Ico-coins that uses the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in Blockchain. All transactions are recorded live, transparent, and spread across multiple servers. Those who want to change or falsify ico-coins transaction data must hack multiple servers at the same time.
In the world of crypto currencies, Bitcoin and Ico-coins are not much different, the difference is Opportunity and Price. To have one Bitcoin you have to prepare more usd4000, ico-coins has a bigger opportunity is because the price is still very cheap and you have chance for the price which is not You get the in bitcoin before.
You can get ico-coins by buying and staking. To buy ico-coins can be done through exchangers who have worked with us.
Register by website ico-coins.com
Deposit your Bitcoin On given Bitcoin Deposit address.
Buy ico-coins From exchange.
Buy & Sell ico-coins from exchange.
You can buy ico-coins From lower price and selling them at higher price.
Linux,Windows or Mac Wallet by website ico-coins.com
Deposit your ico-coins On given ico-coins Deposit address.
Earn profit yearly interest 3%.
Register by website ico-coins.com
Deposit your Bitcoin On given Bitcoin Deposit address.
Buy Ico-coins From exchange.
Click Lending Menu and Input the amount you want to lend.
Earn Profit Up to 45% Monthly.
Earn Yearly Profit Up to 540%.
|♦ Matching First - 2:1 OR 1:2 = 10%
♦ Then 1:1 Unlimited Depth - 10%
|♦ 1. You can make withdrawal of minimum $100 and maximum of $5000 Daily|
|♦ Earn 1.34% Daily for 150 days|
This document is not an offer of securities or a collective investment scheme, nor does it require registration with or approval from the Monetary Authority of Singapore. Contributors are advised to read this document carefully in full, and perform due diligence.
This Whitepaper has been developed in collaboration with our Currency and Financial advisors (Yury Collier , John Cristopher and Andrew Coven) and has been reviewed by our Legal advisors.
Since the late 2000s, when bitcoin (2009) and Etherium (2010) were launched, the world has been watching the rise of crowd funding. Many project creators believe that crowd funding platforms are just a simple way to raise funds for a project without needing to attract fickle VC investment.
However, in fact there are lot of limitations and obstacles.
First, traditional crowd funding platforms do not accept projects from countries where they have no presence.
Second, they charge high commissions (15-20%), as do the payment systems people must use to contribute with. Third, they are overwhelmed with "failed" projects that let down the backers and the platform itself. Fourth, the larger crowd-funding platforms became all about big companies with strong marketing, rather than about creators with bright ideas, but no marketing budget.
The crypto-revolution that is happening now will change things, facilitating fundraising and making it as easy and simple as it is supposed to be. Decentralization, crypto-currency, and smart-contracts are the new solutions for a project to raise funds.
The fundraisers will no longer be dependent on the platforms, ICO-COINS is the first up-and-running ICO-COINS fund raising platform that offers comprehensive solutions for ICO-COINS, crowd funding, and crowd investing.
Our mission is to help innovators, game developers, entrepreneurs, designers, and other future-thinking creators to bring their ideas to reality regardless to their location, origin, or socio-economic status.
Unlike many other blocICO-COINShain start-ups, we have a working product and not just a roadmap. We will be up and running by October, 2017
We have invested in seeking out legal and compliance expertise to ensure that ICO-COINS meets the new regulatory rules of the Initial Coin Offering at the ICO-COINS-stage.
According to the professional opinion of our legal advisors, based on the Howey Test our ICO-COINS should not be deemed as securities and do not need to be registered as a security.
ICO-COINS focuses on the legislative regulation of ICO-COINS, digital tokens and operations with crypto currencies to provide our Users and Contributors safe and reliable solutions for crowd funding 2.0.
In the mid 2010s the start-up industry is experiencing dramatic changes. The mode for ﬁnancing companies and projects tends to decentralisation and diversiﬁed funding made by the general public. Venture capital is losing its share while Crowd funding and ICO-COINS raise capital at a rapid rate. At the same time the new ICO-COINS technology has given start-ups the opportunity to fundraise in a more independent and decentralized way.
An increased number of successful ICO-COINS and soared funding in general testify high demand for this investment mode
As ICO-COINS, or "Initial Coin Offerings", become increasingly popular, more and more companies are using this technique as a fundraising mechanism. However, this is a new frontier and there are no regulations around it. As a result, there are many fraudulent campaigns, where founders disappear after they have raised funds, essentially scamming the public.
The founders of ICO-COINS also face problems. The space is currently very fragmented, there is no comprehensive list of ICO-COINS, and developers must create their own landing pages and publicity campaigns from scratch. This reduplication of effort wastes time and resources that could otherwise have gone into developing a better product. This fragmentation also affects potential backers adversely. People currently find out about ICO-COINS more-or-less at random.
After someone does make the decision to invest in ICO-COINS, there is another sticking point: ICO-COINS take place on multiple different exchanges, using multiple different currencies, often requiring a lengthy verification process. More potential backers are lost at this stage. And finally, companies that would like to enter the ICO-COINS market, but do not have their own crypto currency or tokens, are completely deprived of such an opportunity. If you are not an BTC/Etherium developer, it's incredibly challenging to launch an ICO-COINS. Thus, as of today, there is no single convenient venue either for creators of ICO-COINS campaigns or their backers. There is no single platform that allows for convenient viewing and discussion of campaigns without prior technical knowledge.
Crowd funding has its own difficulties. After raising millions of dollars, many large projects either flopped, never kept their promises, or completely disappeared. As a result, a huge number of people lost their money along with their belief in crowd funding. As many as 80-90% of crowd funded projects never deliver their product.
The main problem in crowd funding is that backers are completely unprotected and there are no guarantees that they will not lose their money. Problems that campaign creators have to deal with are equally challenging. Launching a ICO-COINS starter campaign requires a resident to be present in one of the countries of official work, and there is also a lot of paperwork to fill out. As a result, many creators have no access to large crowd funding platforms, limiting their fundraising opportunities, and narrowing the reach and diversity of the platforms. Crowd funding is now dominated by surfing campaigns run by large, well-funded companies, rather than idle developers. This inversion of the intended purpose of crowd funding happened for financial as well as legal reasons. The hidden costs associated with running a crowd funding campaign are not commonly recognized:
5% fee to the platform
3-5% for payment processing
Costs of rewards for backers
Fee to a platform residence based intermediary (if the project is not based in the country where the fundraising platform operates)
Professional PR services to promote the campaign
Taxes on funds raised
In the end, creators are only left with 60-80% of the funds raised. This is one reason so many crowdfunded projects fail to deliver on their promises; there is not enough money left over after paying the expenses of the campaign. Some crowdfunding campaigns even end up costing the creator more than they raise.
ICO-COINS Platform is an online ICO-COINS technology-based crowd funding platform which provides its Users (project authors, backers, advisers, escrow-agents, translators, designers, advertisers) with online fundraising tools that operate through decentralized ICO-COINS technology and smart contracts.
These tools provide opportunities to:
The ICO-COINS platform supports three kinds of fundraising campaigns: ICO-COINS, crowd investing, and crowd funding. No other platform can boast the same flexibility and freedom of choice. In the case of pre-ICO-COINS and ICO-COINS, when backers buy tokens, they always receive the unique currency created by the ICO-COINS platform itself - ICO-COINS.
Therefore, when they support pre-ICO-COINS, ICO-COINS, or crowd investing campaigns, backers receive two currencies at once, which gives them a double benefit, and when they support crowd funding campaigns, they receive ICO-COINS, insuring them against the failure of the project.
Unlike other platforms that charge a 5-10% commission fee for placement, not to mention another 5% given to the payment system and 10-30% paid by creators as fiat money taxes, funds on ICO-COINS are transferred to campaign creators practically in their entirety in the form of crypto currency. The platform charges 4% for ICO-COINS campaigns and 4% for crowd funding campaigns. This fee is taken when the project has successfully finished fundraising. In the case of ICO-COINS campaigns that mint new tokens for backers, ICO-COINS additionally takes 4% of the tokens or crypto currency produced by that campaign. This fee is transferred to the ICO-COINS reserve fund (see Fund section below).
Comparison of various commissions and rates to attract investment in the world (including bank account fees).
All other funds are immediately transferred to a campaign creator who decides where, how, and on what terms their taxes will be paid. Therefore, many creators of crowd funding campaigns launched on ICO-COINS pay only 4% fees in BTC as compared to a minimum of 15%-40% if they are launched on first-generation crowd funding platforms.
Creators of many campaigns do not need to create their own crypto currency or tokens. For example, a creator raises funds to produce a play or record an album. Such creators cannot launch ICO-COINS, and all they can do is promise some rewards to their backers. In the vast majority of cases, backers do not receive anything but promises, because their interests are not protected. ICO-COINS platform solves this problem by providing backers with its own currency, ICO-COINS. Thus, when they support crowd funding campaigns with their money, backers get not only promises (as on other crowd funding platforms) but also a real valuable asset — ICO-COINS in the amount of up to 20% of their contribution as a bonus.
Comparison of the advertising campaign cost in developed countries with costs when raising funds on ICO-COINS
We believe that the currency will not only grow in value over time but will later probably be accepted for payment on the ICO-COINS platform itself. The liquidity and utility of ICO-COINS will be provided by the possibility of using this virtual currency on the ICO-COINS platform as payment for various services. The owner of a ICO-COINS will be able to use this virtual currency to launch ICO-COINS, pre-ICO-COINS, and crowd funding campaigns, acquire professional help for designing a crowd funding campaign, as well as pay for various services of advisers, moderators of crowd-hosting campaigns, translators, designers and other contributors around the World.
Thus, the ICO-COINS platform creates a completely new concept: "ICO-COINS for crowd funding".
Not a single popular crowd funding platform currently allows creators to conduct crowd investing campaigns (sometimes called equity crowd funding campaigns). This is because there is no legal structure that allows many backers, from many different countries, to become beneficiaries of a start-up.
However, BTC/Etherium technology allows us to forget about such problems. The code can do what the legal system couldn't. We now have the opportunity to organize crowd investing campaigns not only for residents of one country, but for the population of the whole world, regardless of their place of residence, jurisdiction, nationality, and other bureaucratic obstacles. Crowd investing campaigns are similar to ICO-COINS campaigns, but the tokens give some part either in ownership of the company, or a share of profits, or something else the campaign creator decides on (it is different for each campaign).
With the features described above, ICO-COINS creates a synergized place for different audiences that did not interact before, such as creators of ICO-COINS and crypto currency projects and their backers, or creators of classical crowd funding campaigns and their backers who have never dealt with crypto currencies before, authors of their projects and experienced army of advisors, moderators, designers, translators and other specialists all over the World. All parties benefit from ICO-COINS new system: creators get access to new audiences and sources of funding and help from different kinds of advisers, while also significantly lowering their overhead. Backers for the first time get a guarantee against the failure of their projects, get the chance to receive value equity in return for their investment, and get access to a broader range of projects. Advisors, moderators, designers, translators and other specialists from all over the World get the opportunity to receive value in return for their contribution.
ICO-COINS digital token is a virtual currency, which is designed to be used by project authors for mutual settlements inside ICO-COINS to pay for the launch of their crowd funding projects, to purchase services for crowd funding projects, and for other internal processes and payments within the infrastructure of the ICO-COINS and ICO-COINS. ICO-COINS is a crypto currency awarded to backers who support Pre-ICO-COINS, ICO-COINS, or crowd funding campaigns.
ICO-COINS are generated by the smart contract automatically when backers support campaigns that are launched on the platform. Therefore, ICO-COINS are never 'made out of thin air' but are always backed by other currencies, as well as by campaigns successfully completed on the platform. Additionally, ICO-COINS will never be in excessive surplus. They are always backed not only by other currencies but by campaigns themselves, and only by those that were successfully completed on the platform.
The only exception is the initial pre-generation of ICO-COINS. A total of 800 million ICO-COINS have been generated, including 30 million to conduct Pre-ICO-COINS, and 600 million to conduct ICO-COINS. Another 100 million have been generated and shared between the founders of ICO-COINS, and the rest have been generated for advisory, lottery, bounty, seed investors and PR pools. ICO-COINS are not mined by users or any other companies.
For ICO-COINS campaigns, the platform fee will be 4% of collected BTC, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the ICO-COINS (in effect, selling our ICO-COINS to the campaign creator in exchange for the fee). Those ICO-COINS will be given to backers, together with the campaign tokens.
For crowd funding campaigns, we give backers from 4% to 20% of the value of their investment as ICO-COINS, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 BTC per ICO-COINS.
This system ensures that in both ICO-COINS and crowd funding campaigns, the backer gets crypto currency for their contribution. We have two requirements for creators of crowd funding campaigns that want us to provide ICO-COINS to their campaigns:
ICO-COINS charges a fee from successfully completed campaigns in two versions: 4% in BTC and 4% of the project tokens which were emitted by it (in cases where the project issues their own tokens). 4% of the fees go to ensuring the maintenance and development of the platform, and 4% of the tokens will automatically be sent to the ICO-COINS reserve fund .
As the platform develops, more and more tokens of third-party projects will accumulate in the fund. By 2019, we project that there will be at least five hundred different tokens in the reserve fund. In the event, even if only 10% of these tokens show multiple growth, the value of the reserve fund will increase many times, and with it the value of ICO-COINS.
In the future, we plan to register a non-profit foundation as a separate entity. This will be feasible when all necessary regulatory approvals are clarified, primarily the SEC and MAS. After that, the fund will be officially registered as a separate legal entity (fund), and management will be decentralized and transferred to the community, which annually elects its representatives — delegates.
Delegates will receive the right to manage the fund: transfer of "garbage" tokens into the reserve fund, improvement and strengthening of the fund's portfolio, and other organizational functions. Management will be carried out by voting, with a 51% consensus among the voters.
This term defines the ecosystem of projects that accept ICO-COINS. If a project launched on the platform has the ICO-COINS banner, it means that after its release it will accept ICO-COINS for payment. Thus, the more campaigns involved in ICO-COINS, the more liquid and popular ICO-COINS become.
ICO-COINS is a platform on which users will be able to launch fundraising for their ICO-COINS, crowd funding or crowd investing projects. Users can also invest in ICO-COINS, Pre-ICO-COINS campaigns, or support crowd funding. Fundraising is carried out in Etherium (BTC), so both authors and those who invest in their campaigns (further backers) can be from anywhere in the world.
It is important that the relationship between authors, backers and the community be mutually beneficial and strong. ICO-COINS expands the framework of the platform, creating a transparent ecosystem to unite the community, backers and projects. Long before the launch of the platform, we created the principles for organizing the relationships between all participants of ICO-COINS.
The balanced and limited issue of ICO-COINS is tied to campaigns successfully being completed on the platform. The ICO-COINS = BTC starting rate for emissions after the release of the platform will be fixed at the level of 1 ICO-COINS=0.0005 BTC, which forms the value of the token in the eyes of the backers participating in the campaigns. However, with the growth of the exchange rate, the emission rate will be adjusted for the market, so the emission rate on the platform won’t reduce the market value of ICO-COINS.
We are organizing rules of circulation that stimulate demand, thanks to unique goods, services and privileges for users, minus the limited emission.
An important key to encouraging participation in a community, currency or an economy with a free market is a fair accounting system that fully reflects the contribution of each participant. The given decision will allow the organization of an effective decentralized, self-regulating environment, by means of a system of motivation, ratings, and voting by participants.
The ability of each member of the community to participate through voting, along with the ability to extract dividends as a result of the operation of the nodes, will create an additional incentive to possess ICO-COINS, and will additionally support the platform.
The rating system on the platform will allow users to get additional motivation for the development of the platform, as well as its separate services: this thesis has been well tested on the Steem platform. The ICO-COINS team develops its own system of degrees of popularity and numerical evaluation of user activity based on existing experience, but using its own unique algorithms.
The reputational system allows minimal effort to correct with the necessary precision the actions of each of the participants in the system, as well as of individual groups and even the entire community as a whole, which, of course, positively affects the evolution of all components of the environment.
ICO-COINS platform will take 4% commission from crowd funding campaigns from all received BTC. The commission is transferred to the ICO-COINS account after successful completion of the fundraising. This commission goes to ensuring the maintenance and development of the platform Also there is a commission of 4% emitted tokens of any project (the only exception is pure fundraising, where no tokens are produced) that automatically is sent to the ICO-COINS Reserve Fund.
As a result, this Fund forms a crypto currency basket, in which may be thousands of different crypto currencies. Furthermore, a 4% commission on tokens of crowd investing campaigns means that ICO-COINS Reserve Fund will become a minority "crypto shareholder" of each company, which has successfully completed the fundraising on the platform, and will receive "crypto income" from such companies. The portfolio of the Fund is managed by professionals and the community, only reliable and prospective tokens with high growth potential are left, which will increase the capitalization of ICO-COINS, and support the cost of ICO-COINS (ICO-COINS).
ICO-COINSs (ICO-COINS) is a BTC-based token that follows the ERC-20 standard. ICO-COINS is generated in two versions. The first, generally accepted option is the generation of pools for the needs of the company, such as payment for localization services, referral programs, bounty awards, etc., as well as pre-sales for pre-ICO-COINS and ICO-COINS
ICO-COINS received by people who financially supported the campaigns on the platform (backers) will be accepted as payment in a variety of projects, such as those that successfully collect funds on our platform and become participants of the ICO-COINS. For existing and functioning ones,a special department will be formed for dealing with agreements with interesting companies. Games, applications, platforms, exchanger, and even offline projects will become participants in the ICO-COINS network.
We already have a number of such companies that will be launched right after the platform release in October 2017, along with those already functioning and interested in cooperation. For those that will be running on the platform, this is necessary for functioning on the platform (which gives a lot of traffic and visibility), placing projects in the ICO-COINS directory, and to get completely free traffic and customers willing to spend not only their ICO-COINS, but other money. In addition, we will use our marketing budgets to support precisely these campaigns because it is more profitable for us than to simply advertise the platform itself.
The more successful projects we have, the better and more attractive the platform will be. This indirectly positively affects the course of ICO-COINS.
Important part of ICO-COINS is how ICO-COINS are used to create the circulation of currency and create supply and demand mechanisms.
ICO-COINS are useful in multiple use cases in the ecosystem on the platform:
With the platform development more uses of ICO-COINS will be adding to increase the liquidity
The formation of a large number of projects participating in ICO-COINS is the basis for the growth of the price of the ICO-COINS: if more games, services, shops and other businesses will use ICO-COINS, the more in-demand and the higher their liquidity will be. ICO-COINS is building its business model specifically on the creation of such projects, increasing their number and connecting existing ones to the ICO-COINS. However, this won't only positively affect the cost of the ICO-COINS. crypto currencies are very sensitive to significant events, and we understand this.
Expected number of projects, raising funds on ICO-COINS The launch of large campaigns on the platform will attract additional attention to it. Each launch of a campaign such as this on the platform will positively influence the reputation of the platform and the ICO-COINS course.
Growth of the GDP of ICO-COINS. Successfully completed campaigns give us three positive events: the campaign is being prepared for launch, the campaign has been launched on the platform, and the campaign has successfully raised funds. Each of these reasons supports not only the campaign itself, but also a platform, together with ICO-COINS.
Since ICO-COINS takes half the commission of ICO-COINS campaigns in their tokens, the positive growth of these crypto currencies affects the entire portfolio of the platform and, thus, indirectly supports the value of ICO-COINS.
Forecast. The growth rate of the ICO-COINS We have formed a department that focuses on the strategic development of the ICO-COINS by connecting existing large companies. We plan to connect the top players of different markets. Just a few large campaigns on the level of, for example, More gaming, can increase the demand for ICO-COINS by several times.
The initial issuance of ICO-COINS is limited to 15,000,000 ICO-COINS (+ founders' pool) during the pre-ICO-COINS and ICO-COINS campaigns. Unsold ICO-COINS that were created for sale during pre-ICO-COINS and ICO-COINS will be frozen on a smart-contract without the possibility of their subsequent withdrawal or use (they will actually be destroyed (burned)).The initial issue of ICO-COINS is programmed by a smart contract and will be carried out in the following order:
Founders' pool is limited to maximum 10% of all tokens issue and will be frozen for 1 year.
During two years after the ICO-COINS we make a limited bonus emission to reward our community members, who keep the ICO-COINS in the following order
For clarity, we visualized the same table as a graph. In blue, it shows what will happen to ICO-COINS, if the buyer decides not to sell them immediately after the ICO-COINS, but keep until the end of the entire bonus emission period.
Not only does the ICO-COINS directly increase the value of ICO-COINS, but it also supports backers if the campaigns do not keep their promises, giving them a liquid currency in the form of ICO-COINS. ICO-COINS can be used to buy rewards from other campaigns launched on ICO-COINS, or to participate in any projects that are a part of the ICO-COINS. If a backer donates to a festival that never gets launched, or a play that never gets produced, their money is not lost (as with first-generation crowdfunding platforms), they have simply bought a cryptocurrency.
When ICO-COINS reach a certain market value, ICO-COINS will cease their emission and start accepting them for payment for campaigns. Backers who have ICO-COINS on their accounts will be able to exchange them for products or services of campaigns hosted on the platform, while financially supporting those projects at the same time. This will be an important moment in the development of ICO-COINS, because it will increase the liquidity and value of ICO-COINS, as well as the demand for them.
When there are a certain number of campaigns in the ICO-COINS ecosystem, a special section (market) will be opened on the platform for active and completed projects - members of the ICO-COINS ecosystem. Backers that received ICO-COINS will be able to visit any of them and spend their ICO-COINS if they wish.
All users must be registered on the platform to carry out any activities. Registration is a standard process through email, or you can sign in through Facebook, Google, Twitter.
All users of the platform have their own unique wallet created automatically. If a user requests, their wallet can be replaced with a different ID, which may be necessary if the user's access to their wallet is somehow lost. The password for a newly created wallet is the same as the user's account on the platform, but it can be changed if the user wishes.
A user who supports any campaign on the platform receives the status of backer. Backers can be creators at the same time. If a backer supports a campaign that has its own cryptocurrency or token, then it will be sent to that backer's BTC/Etherium wallet.
Some backers may wish to remain anonymous. In this case, they will be able to turn on 'Anonymous mode' in the settings of their profile, after which other users will not be able to view it, and when they make pledges, their avatar, first name, and surname are hidden - creators and users can only see that a certain amount of money was pledged at a certain time by some anonymous user. However, anonymous users are not able to post comments or send messages to creators while they are in anonymous mode. If a user turns off the anonymous mode, all their previous actions remain anonymous. Similarly, comments or actions made by a user in the non-anonymous mode do not become anonymous if they turn on this feature in the settings.
A creator is a user who created their own campaign. After creating a campaign, a user becomes its creator and receives the corresponding status and access. In order to avoid misunderstandings and to improve the quality of the platform content, the same creator can create only one launched campaign at a time but may create any number of drafts. Drafts that have passed moderation are 'Public Drafts' and will be listed on the 'Public Drafts' page. If the creator has set the launch date, they become 'Upcoming' and will appear on the 'Upcoming' page or the main page, depending on the stage of platform development.
No personal user data is available to other users or moderators working on the platform. This list includes but is not limited: emails, wallet IDs, or funds available to users, as well as direct links to accounts in social networks, even if they are specified in the user's form. Senior moderators can see transactions performed on the platform.
Campaign is a page where the campaign creator describes their project to potential backers. It may include videos, images, and text descriptions. A campaign is created by a single creator and is permanently linked to their profile. All campaigns have certain settings, some of which are mandatory and some of which are optional. For example, the target amount of funds to be raised and the fundraising duration are mandatory settings, while the availability of awards or cryptocurrency is optional. Only the creator of a campaign and moderators can edit it, submit it for moderation, launch it, or cancel it. There can be four types of campaigns placed on ICO-COINS: Pre-ICO-COINS, ICO-COINS, crowd investing, and crowd funding (to be specified during the creation process).
Every campaign will undergo following stages on the platform:
A campaign might also be canceled or banned.Campaigns can be banned by the platform's employees for violating its rules, for fraud, or attempted fraud.
These classical campaigns have almost identical features to the campaigns launched on first-generation crowd funding platforms. The only difference is that campaigns on the ICO-COINS platform have smart contracts that all collected funds are transferred to. These campaigns can be of two types: All-or-Nothing, or Safe. These types are explained below. The type, as well as the target amount of collected funds, is chosen by the creator. Owing to its label, all visitors can easily identify the type of a campaign. All campaigns on the platform are time-limited, regardless of their type. The maximum duration of a campaign is 90 days.
All-or-Nothing campaigns will not receive funds if they do not collect the necessary amount in a given time frame. If that happens, the smart contract will return funds to the backers. At the same time, backers supporting these campaigns receive ICO-COINS only if such campaigns are completed successfully. As a result, backers are more motivated to contribute to the success of a campaign. Their assistance in spreading information, helping the campaign, writing posts in social networks or articles in their blogs, etc., is incentivized. All-or-Nothing campaigns are for those creators who are self-confident or who can only keep their promises if they collect the required amount in its entirety.
These campaigns will receive their funds even if they have not collected the target amount by the end of the specified time. This type is suitable for small projects or those campaigns that do not need to collect the entire target amount, as well as for many Pre-ICO-COINS and ICO-COINS campaigns that can continue their work regardless of how much they have collected. As with All-or-Nothing campaigns, for the purpose of protecting backers and preventing any fraudulent campaigns, the smart contract only transfers funds to the campaign creator once the campaign is completed. ICO-COINS and other rewards are also transferred to backers only after the successful completion of a campaign. Therefore, if a campaign is canceled in the middle, even if it is a Safe campaign, backers get their funds back.
Campaigns of this type differ from crowd funding 1.0 campaigns in having a smart contract that allows them to automatically distribute their own cryptocurrency (or tokens) to the backers supporting the project. As with crowd funding 1.0 campaigns, creators of Pre-ICO-COINS and ICO-COINS campaigns can add rewards for different tiers. ICO-COINS and Pre-ICO-COINS campaigns can be of an All-or-Nothing or Safe type.
Rewards on ICO-COINS will be similar to those on crowd funding 1.0 platforms: the creator indicates what the backer will receive for pledging a certain amount of BTC. By making a pledge, a backer receives this award (either at the end of the campaign or, after the project is implemented), as well as the equivalent amount of ICO-COINS at the current exchange rate. Thus, the backer does not just give away their money, but exchanges it for the reward plus the ICO-COINS provided by ICO-COINS.
Creators launching ICO-COINS campaigns can use awards to implement a bonus system. For example, a backer buying a tier for 10 BTC can get 50 tokens, and when they buy a reward for 20 BTC, they can get 120 tokens. The quantities for every tier and exchange rates are set at the creator's discretion. In addition to campaign tokens, backers of ICO-COINS campaigns also receive ICO-COINSs at an exchange rate currently on the market, or at a minimum rate if the price has not been determined yet. Tier bonus is also applied to ICO-COINS.
Campaigns can have different types of goals:
Thus, campaigns come in the following configurations:
Drafts can be of two types: private and public. Private drafts are only visible to the creator themselves, or to those provided by the creator with a special preview link. Public drafts can be viewed in a special 'Drafts' section and are visible to all visitors. The creator can change the status of their campaign from private to public at any time. However, in order for a draft to become public, it must undergo moderation. Public drafts are useful for campaigns that announce upcoming fundraising, and conduct preliminary PR activities, or ask the community for help in improving the quality of their campaign. If a draft is public, you can get feedback from the community and make appropriate adjustments before your fundraising starts, after which it is too late to make changes.
Users can subscribe to be notified of updates to the campaign. Users who pressed the 'Notify me' button will receive automatic reminders that the launch is near or that a new launch date has been set for the campaign. In addition, users who have subscribed to notifications will even receive updates prepared by the campaign creator for drafts. That said, public drafts are a convenient place for the preliminary PR activities of a campaign.
When the creator decides that their campaign is ready for launch, they should submit it for moderation, even if the campaign has been verified before its transition to the public status. Campaigns that do not pass moderation cannot be launched on the platform.
This section is for campaigns that have passed moderation but are currently at the public draft stage. They are sorted by launch dates: the closer the launch date is, the higher the campaign is on the list. As a result, all visitors to the platform can see which campaigns are about to launch, what they are about, and when and what amount they are aiming to collect. If a user is interested in a campaign, or decides that they want to participate in it, they will subscribe to notifications and track its progress starting from the draft stage. This system helps creators build an audience in advance in order to give a powerful boost to a campaign from the very start of the fundraising, which greatly influences its future and increases the chances of its successful completion.
Moderation is performed by users with the status of 'Moderator' or higher. The status of moderator can be appointed both to platform employees who work under a contract, and to regular users who have gained a good reputation. During the verification process, moderators must check if a campaign, and the product for which funds are collected, is valid and to ensure the campaign does not violate the rules of the platform. If a campaign is approved by moderators, it is granted permission to launch.
After a campaign has passed moderation, it becomes available for publication. The creators themselves decide when they will launch their campaign and can do so by pressing the 'LAUNCH CAMPAIGN' button in the campaign settings. Moreover, the creator can specify a delayed time for the launch of the campaign — in which case it will launch without the creator's participation at the specified time. Published campaigns become visible to all visitors of the platform.
All users that are registered on the platform and who have access to a draft can post comments. Owing to that, creators can receive quick feedback not only from their acquaintances, but also from the ICO-COINS community. Campaign creators can delete comments.
Comment authors are not able to delete or edit their comments after they are published.
Campaign creators can post updates both for drafts and for launched campaigns. Updates can have videos, images, texts, and hyperlinks. After the update is posted, all of the users signed up for notifications on the campaign, and those who supported it (in the case of active campaigns), receive notifications via the email specified in their profiles.
Users can leave comments on the creator's updates, unless the creator has turned off this function. After the update is published, the creator is not able to edit or delete it. The creator is warned of this before publication.
Featuring means that a campaign is placed in the top block of the platform, visually highlighted, and awarded with the 'Featured' badge. Featuring is set by platform administrators after making a subjective decision based on such factors as high-quality preparation, traction, the number of backers, the creator's activity in terms of updates and work with the community, and participation in the ICO-COINS.
All featured campaigns appear in the weekly digest and the daily mass mail sent to all users who have subscribed to either of them.
In social networks, ICO-COINS publishes featured campaigns on its official pages and in its groups, and every time a campaign gets into the featured list, the platform publishes corresponding news on Twitter.
There can be two ways to complete a campaign: to successfully raise funds or to fail. Failing occurs if this is an All-or-Nothing campaign and its specified time has come to an end without having achieved the goal. In all other cases, a campaign ends successfully, and if this is an All-or-Nothing campaign, funds are transferred to the creator's BTC/Etherium wallet, and tokens and ICO-COINS to their backers' BTC/Etherium wallets.
Completed campaigns are shown in the profiles of the creators who created them, and in the special 'Finished Campaigns' section. Campaigns that have failed are not shown on the Finished Campaigns page but remain available by following the link.
Many creators who have launched on other platforms have had to invent various ways to gather statistics on their campaigns. Nowhere are you provided with a simple, convenient, and easy way to do it. We are solving this problem with automatic integration of Google Analytics and Facebook Pixel into launched campaigns. All that is required of a campaign creator is to enter their Google Analytics ID in one field, and their Facebook Pixel ID in the other.
The platform is ideal for running ICO-COINS campaigns. It happens like this:
If we examine crowd funding, everything is even easier for an creator and looks almost the same as on other platforms.
No crowd funding platform currently allows creators to conduct crowd investing campaigns. This is mainly due to the limitations of legislative systems in different countries, the absence of regulations, and the complexities of legal registration. However, modern ICO-COINS technologies allow us to forget about such problems and organize crowd investing campaigns not only for residents of one country, but for the population of the whole world, regardless of their place of residence, jurisdiction, nationality, and other bureaucratic obstacles.
Crowd investing campaigns are almost identical to ICO-COINS campaigns, but each of the tokens entitles the holder to a share of the profits, part ownership of the company, or something else, such as voting rights. (It is different for each campaign.) In the process described above, users are investors, or they may become co-owners of the company, or both, or something else depending on what the possession of the company's tokens gives them.
For example, a creator sells 50% of all pre-created company tokens and declares that investors will get a share in the company's profits according to the percentage of tokens they own. In this case, an investor who buys half of these 50% of tokens will become the owner of 25% of the company's tokens and receive 25% of the company's profits.
Any user registered on the platform can back a campaign if it is active (launched).
In the case of campaigns that distribute tokens to backers, regardless of BTC this is an All-or-Nothing or Safe campaign, the smart contract holds all the funds until the campaign is completed. If fundraising is successful, then all of the funds from this unique wallet, minus the platform fee, are transferred to the creator's wallet, and the backers receive their rewards and ICO-COINS in proportion to their pledges. If a campaign fails, the funds are returned to the backers' wallets from which they were transferred and they receive no ICO-COINS or rewards.
Later, the platform will allow users to use external BTC wallets, or they can generate new wallets on the user's account. Users will be able to add funds to these wallets from outside or transfer funds from them to their private wallets, exchanges, or markets. Campaigns launched on the ICO-COINS platform can be backed from these wallets.
If the creator collects funds in BTC and users transfer funds to them in other currencies, such funds will be automatically converted to BTC at an exchange rate currently found on the top exchanges, and the amount of BTC after the conversion will be credited to the unique account of the campaign. The platform will support the maximum number of crypto currencies available for automatic conversion, and their number will constantly increase. That way, it will be as simple and convenient as possible for users to back campaigns.
The funds that a campaign receives to its unique wallet are controlled by the ICO-COINS platform. After a campaign is successfully completed, the funds are transferred to the campaign creator's wallet.
Since campaigns can be canceled (including by creators themselves), the backers receive their ICO-COINS (and/or campaigns tokens) only after campaigns are successfully completed.
Consequently, there will be no complicated situation where backers supported some campaign, received their ICO-COINS (and possibly campaign-specific tokens), but then the campaign was canceled by the creator or banned by moderators.
If a campaign is canceled, all raised funds, since they are stored in a smart contract controlled by the ICO-COINS platform, are returned to the backers in their entirety.
Campaigns that can potentially harm health or reputation of other people are prohibited on the platform. Drugs, weapons, pharmaceuticals, or any illegal products are not allowed for publication. Since the platform does not set any age rating, campaigns associated with pornography are also prohibited. In addition, poor-quality campaigns, political campaigns, campaigns with a religious bias, or propaganda campaigns are unlikely to pass moderation.
Offensive, spamming, and flooding comments are removed by platform moderators, and violators themselves are deprived of the right to comment. The term of the ban on commenting depends on the severity of the violation and can be either short-term or permanent.
Campaign creators who publish updates on topics forbidden on the platform are deprived of the opportunity to publish updates, and such updates will be removed.
ICO-COINS are created according to the ERC20 specifications of the BTC/Etherium ICO-COINS Exact information about our smart contracts will be added soon - we are working on it right now.
Platform employees do not have access to user wallets. Funds raised by campaigns and stored in their unique wallets are controlled by the smart contracts automatically. After fundraising is completed, all funds are automatically transferred to the wallet that is specified by the campaign creator, and 2.5 or 4% of the amount will be transferred to the wallets of the ICO-COINS platform. Platform employees do not have access to unique campaign wallets and cannot perform transfers from them.
ICO-COINS are generated and issued automaticall as well, and only after the receipt of contributions to a campaign's smart-contract, be it BTC or BTC, is confirmed. This protects the issued ICO-COINS from fraud and backs all ICO-COINS with a real monetary value.
Only account owners have access to their wallets. Passwords to accounts are not stored on the site, with hashing used for fast login. User's can either store passwords to their wallets on the platform or delete them for security reasons. In this case, a user will have to enter the password to their wallet, which is not saved on the ICO-COINS platform, for each transfer and pledge.
Links in user profiles to social networks, emails, and other contact information are visible only to account owners, and hidden from other users.
Only platform moderators and top-tier developers have access to links to user's linked social networks, as well as access to their contact information. Moderators do not have access to user wallets, their full ID's, or passwords.
Transfers made by users are recorded in the system and encrypted. User wallets are also encrypted on the platform, and their association with user profiles is minimized as much as possible. Only the developers of the ICO-COINS platform can connect wallets to platform users (except for creators, of course). This may be necessary to resolve disputes or answer questions from users if they occur.
In order to ensure the safety of backers and investors, creators who raise funds on the ICO-COINS platform must be public and provide backers with information about themselves. As long as a campaign they created is active, creators cannot turn on the anonymous mode. After a campaign is completed, its creator can switch to anonymous mode, but the creator's public information specified by them when the campaign was launched will still be visible on the pages of completed (including canceled) campaigns.
All personal user data, including passwords, emails, and wallet ID's, is encrypted. This protects ICO-COINS users from hacking or information leaks. Even in the worst case scenario, user data, passwords, and wallets will remain safe, since no access to them or money transfers from them is possible.
My name is Anti Danilevsky and I am the founder and ideologist of ICO-COINS. I've specialized in the successful implementation of crowd funding projects for the past 7 years. As the founder of the largest crowd funding community in Europe, I have deep knowledge of the thought processes of founders, investors and backers. We've seen the situation where crowdfunding projects made beautiful promises, collected funding, and then disappeared so many times already. It pains me so much to look at the centralized world of crowd funding, so when the ICO-COINS appeared, I decided to make a move.
I've assembled a team which is motivated to make the world of crowd funding better, and together we want to build the first ICO-COINS crowd funding community, and offer it the platform it deserves. This is impossible without innovating, so we need funding to develop the code base of community system management projects, security audits of the internal modules, and more.
Our own ICO-COINS will be held on the ICO-COINS platform itself starting on November, 29. It will end either when the hard cap of 100 000 BTC/Etherium is raised or on December,17.
600 000 000 ICO-COINS will be distributed during the ICO-COINS. 30 000 000 ICO-COINS have been already distributed during the ICO-COINS.
The price is set at the rate 1 BTCereum = 3 000 ICO-COINSoins
The price is set at the rate 1 BTCereum = 3 000 ICO-COINSoins
The funds, collected during ICO-COINS and Pre ICO-COINS will be spent in the following order:
This document is for information purposes only, and is not an offer or a call to sell stocks or securities on the ICO-COINS platform, or that of any other related or associated company.
User acknowledges, understands, and agrees that ICO-COINS coins are not securities and are not registered with any government entity as a security, and shall not be considered as such. User acknowledges, understands, and agrees that ownership of ICO-COINS does not grant the
User the right to receive profits, income, or other payments or returns arising from the acquisition, holding, management or disposal of, the exercise of, the redemption of, or the expiry of, any right, interest, title or benefit in the ICO-COINS or ICO-COINS Platform or any other ICO-COINS property, whole or in part.
There is no guarantee that ICO-COINS tokens will grow in value. There are no guarantees that the price of ICO-COINS will not decrease, including significantly, due to some unforeseen events, or events over which the developers have no control, or because of force major circumstances.
ICO-COINS tokens will be issued on the BTC / Etherium . Therefore, any failure or malfunctioning of the BTC/Etherium protocol may lead to the trading network of ICO-COINS tokens not working as expected.
ICO-COINS technologies are subject to supervision and control by various regulatory bodies around the world. ICO-COINS tokens may fall under one or more requests or actions on their part, including but not limited to restrictions imposed on the use or possession of digital tokens such as ICO-COINS, which may slow or limit the functionality or repurchase of ICO-COINS tokens in the future.
ICO-COINS tokens are not official or legally binding investments of any kind. In case of unforeseen circumstances, the objectives stated in this document may be changed. Despite the fact that we intend to reach all goals described in this document, all persons and parties involved in the purchase of ICO-COINS tokens do so at their own risk.
Technical innovations, like the development of quantum computers, may pose a danger to crypto currencies, including ICO-COINS tokens.
Funds collected in fundraising are in no way insured. If they are lost or lose their value, there is no private or public insurance representative that buyers can reach out to.
If a campaign does not end successfully, or is canceled by its creator, or by moderators, the funds are returned to the wallets of those users who transferred funds to the wallet of the campaign. If the user made their payment in a fiat currency (USD, EURO,or any other), the funds are returned to their BTC wallet inside the ICO-COINS system. The user can withdraw this BTC or use them to participate in any other campaign launched on the ICO-COINS platform.
ICO-COINS tokens are a new and relatively untested technology. In addition to the risks mentioned in this document, there are certain additional risks that the team of the ICO-COINS platform cannot foresee. These risks may manifest themselves in other forms of risk than those specified herein.
The ICO-COINS platform disclaims any and all responsibility or liability in relation to any obligations made by creators of crowd investing campaigns to investors who bought their tokens on the ICO-COINS platform. The ICO-COINS platform is just an intermediary between creators of such campaigns and their investors. The function of the ICO-COINS platform is only to transfer funds from investors to creators, and tokens of crowd investing campaign creators to investors. ICO-COINS does not guarantee the claims made by campaign creators.
This Agreement constitutes the entire agreement between the parties with respect to the subject matter of this Contract. All previous agreements, discussions, presentations, warranties, and conditions are combined in this document. There are no warranties, representations, conditions, or agreements, express or implied, between the parties, except those explicitly stated in this Agreement. This Agreement may be changed or amended only by a written document duly executed by the parties.