Editors note: B2Bx is no longer holding ICO. Any B2Bx ICO information is no longer relevant.
More than 10 ICO projects have chosen B2Broker’s ICO Platform on the back of the success of its own ICO. Find out how the best way to organize your own ICO while ensuring the process is fast and cost-effective.
B2Broker, an aggregator and provider of turnkey, cloud, and liquidity solutions for the foreign exchange (FX) and crypto industry, continues to attract attention in the financial services industry, adding more clients to its growing portfolio.
Launched in 2014, B2Broker has featured prominently in the financial press, having established itself with its innovative solutions for large licensed brokers, banks, hedge funds, professional managers and individual investors.
What has made B2Broker the service provider of choice compared to other industry participants is its proven ability to provide cutting-edge, technical solutions that enable brokers to save time and money on consuming infrastructure projects, so they can focus on selling and growing their client base. B2Broker eliminates the need to commit to expensive, long-term and labour-consuming processes of building and supporting the technical infrastructure of a brokerage business.
As part of its comprehensive range of services, B2Broker offers a technical solution that fully automates the entire process and fundraising for an ICO project. Guy Robert, CTO ViMarket.io shares his experience:
“We found the B2Broker’s platform professional and convenient to implement for our ICO customers as it solved an issue for us in terms of setting up a collection mechanism for receiving contribution. The fee was reasonable and we received consistent, attentive support from the B2Broker team when we had any needs during the setup and ICO process. I would definitely recommend the service to anyone needing to implement a collection quickly and efficiently."
ViMarket.io successfully onboarded B2Broker’s platform to conduct its ICO. Here’s how you can do it too.
There are a few ways in which you can organise your ICO. Whatever your chosen method, it is important to ensure the process is quick, secure, and that if falls within budget. You can either do it entirely on your own, employ specialist consultants, or hire a team that has already launched an ICO project.
One of the key issues facing companies who choose to attract financing via an ICO is finding the most efficient and effective way to technically organize the process.
Opting to pursue an ICO on your own, taking into account the time for development of the technical, legal, financial, and marketing components of the project from scratch will take six months at least. Recruiting personnel for the project is not easy either with experienced specialists being scarce on the market, and expensive too.
Engaging outside consultants is an alternative method that can speed up the process, but there can be substantial investment involved. There are very few experienced teams out there and the price tag can be hefty. In fact, some consultants are known to charge a percentage of the revenues from the project. It is also difficult for external teams to fully understand the whole picture of the project when they have often worked only on specific parts of different projects.
An option that is garnering favour in the industry is purchasing a ready-made solution from a team who has already realized their project and is thus, perfectly placed to share their materials and know-how with the industry.
Artur Azizov, CEO of B2Broker said:
“Buying a solution from a team that have already completed their own project is one of the most efficient and safe options. The solution has already been tested, with intelligible and measurable results. The team has confirmed experience, not on paper, and not spread among a hundred of other participants. That experience and that solution can be seen in operation,”
In September 2017, B2Broker ran its own successful pre-ICO which raised over €8 million. The company is thus fully-equipped to provide external clients with a whole IT-infrastructure for conducting an ICO, reducing the entire process of preparation to just 2–3 weeks.
B2Broker’s solution works with any type of Blockchain: Ethereum, Waves, Nem, or your own version of the blockchain. As more than 90% projects release their tokens on Ethereum today, the deepest and most complete integration is done on this platform.
B2Broker’s ICO Platform offers many advantages including:
● View how many investors have supported your ICO and how much money has been raised in different cryptocurrencies at any given time and what crypto-currencies were donated
● API for data transmission to the website or other external sources
● ICO private area is translated into 10 languages
● A widget with exchange rates enables an investor to see how many tokens he can buy in real time
● Bonus system allows bonuses to be charged depending on volume or date of purchase
● Promotional codes
● Referral program
● Configured cryptoprocessing
● A secure, tested and customizable smart contract
● A three-level security system with tokens fully controlled by the issuer
● Assistance in configuring and the deploying of cold wallets for the issuer
● Possibility of receiving 10 cryptocurrencies (BTC, ETH, LTC, XMR, DASH, BCC, B2B, ETC, NEM, NEO) and any ERC-20 tokens
● Integration with many PSPs for acquiring and processing of bank cards
● Possibility of receiving money into a bank account and making manual transfers to token holders
According to Evgeniya Mikulyak, COO of B2Broker, “Our cabinet suits every company that is going to launch an ICO. We do not only prepare a solution for the launch but also provide support. We completely secure the processing of payments, work ourselves with hot wallets, do the servicing and exercise safety controls. The cabinet is a completely finished product which we have decided to sell. With an escalating demand, it made sense to help our colleagues and share our experience.”
According to data from American consulting company Architect Partners, 59 percent of the ICOs conducted from June to September last year failed due to their inability to collect even 75 percent of targeted funds. They forecast that the market will soon reach saturation, which means that participants will be required to be increasingly thorough in the preparation and development of systems for new projects.
It has therefore become apparent that those who use ready-made, tried and tested technical solutions will gain a competitive advantage over their counterparts and achieve the financial goals in accordance with their ICO strategy.
B2Broker provides an advanced base of ready to use technical solutions enable brokers to save time and money on consuming infrastructure projects so they can focus on selling and enlarging their client base and eliminating the need to commit to expensive, long-term and labour-consuming processes of building and supporting the technical infrastructure of a brokerage business.
Clients have access to a range of products and services including Turnkey Solutions such as cryptocurrency exchange from scratch, cryptocurrency payment gateway, ICO platform, White Label Solutions for MT4 and MT5, Trader's Room modules for brokerage websites, DMA and CFD Liquidity, Investment platform, Web API MT4/5.
Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.