Hello everyone in this article I will present an interesting ICO analysis, called BlockBroker, based on some of the following criteria:
In a world where a new ICO is popping up every second day, fraud has become a major issue. Research shows that 10% of ICO’s are fraudulent, however this number is rising.
Block Broker has set out to provide a 100% safe environment for ICO investors.
We are creating Block Broker – the first decentralized ICO broker service to
completely eliminate ICO fraud.
When an investor contributes funds to an ICO on the Block Broker platform they will be 100% confident that the funds are secure via the BKBK token smart contract escrow system.
The Initial Coin Offering Boom
Over the past few years, the number of ICO that are being offered has grown exponentially. The concept of the ICO was first carried out by Mastercoin in 2013, which paved the way for more companies to launch ICO after Mastercoin demonstrated that the concept was successful. 2014 saw the successful launch of the Ethereum platform, and following that, 2015 - 2016 saw the launch of about sixty-four different ICOs.
The current ICO market is seeing innovation that is aiming to solve a few current problems posed by Blockchain networks so far such as high transaction fees, slow transactions and wallet user interfaces that are not user friendly.
Due to the success of the Ethereum ICO, a healthy atmosphere has evolved that has helped create the current ICO Market boom, with venture capitalists having put in over $550 million USD just last year.
The ICO Boom has given birth to a dark underbelly of the crypto world: Scam ICO'S and scam ICO Investment Pools! With the rise of Initial Coin Offerings, there has also been a rise in scammers trying to take advantage of investors.
Large investment pool scams have been set up to collect funds from multiple investors and run off with the money.
Completely eliminating risks associated with ICO's by using smart contracts as an escrow solution with Block Broker tokens as collateral. Block Broker not only eliminates the risks associated with ICO investing, it also insures a safe level playing field in ICO Investments. There is a huge opportunity now with the BOOM of Initial Coin Offerings. Block Broker is about to change the world of ICO investments forever!!!
Initial Coin Offerings have become huge business over the past few years.
With the boom of ICO’s has also come a wave of opportunity seekers trying to take advantage of potential investors. This creates a huge opportunity for Block Broker to swoop in and restore investor confidence by offering 100% security and insurance for all selected ICO’s.
How it works?
When an investor signs up with Block Broker they will simply browse through the list of token sales that we are currently supporting. The investor will be able to see the difference between the public price and bonus and the price and bonus offered by Block Broker and choose the best fit for them.
When they make their contribution, our smart contract will instantly send BKBK tokens to the value of their contribution. This serves as escrow and insurance. As soon the chosen ICO is complete and the tokens are listed on exchanges, the BKBK tokens are returned and the tokens of the investor’s chosen ICO are sent to them and they are now free to hold or trade their tokens.
Block broker Token functionality
The Block Broker token is used in the smart contract between Block Broker and investors in ICO’s that we offer our investors. The smart contract is an automated escrow system that instantly transfers BKBK tokens to investors to the value of their investment.
- BKBK tokens are erc20 tokens based on Ethereum.
- BKBK tokens will be sold during the pre-ico and during the main token sale.
- The pre-sale begins May 11th 2018.
- The main sale begins June 8th 2018 and ends July 20th 2018 or until we reach hard cap.
- Bonuses and discounts are offered on a sliding scale.
Token Sale Details
- Total Supply: 750,000,000 BKBK Tokens
- ICO Supply: 150,000.000 BKBK Tokens
- Price: $0.06
- Pre-Sale Price: $0.03
- Soft Cap: $300,000
- Hard Cap: $5,000,000
- Ticker: BKBK
- Presale: May 11 – May 24 – Price $ 0.03