QUOINE, the Asia-based fintech company, has officially announced today its an all-in-one ICO launchpad service for both token investors and token issuers.
This “ICO Mission Control Platform” will be integrated into the company’s QRYPTOS exchange, before forming part of its larger LIQUID platform, for which over $100 million was raised last November in its own ICO.
Removing “Pain Points”
Senior Vice President and Head of Operations Seth Melamed explained that it was from the experience of the LIQUID token sale that the mission control was born.
“We learned first-hand the challenges of running a large scale ICO, including client on-boarding, analytics, volatile cryptocurrency prices (and) understanding how to most effectively reach participants… we decided to build a platform that solves the problems we faced and provide a tool for blockchain projects around the globe.”
For new blockchain companies, Mission Control will handle statutory Anti-Money Laundering and Know Your Customer requirements. These services, along with a host of security provisions, seek to remove the pain points which QUOINE co-founder and CEO Mike Kayamori believes most commonly arise during a token sale.
He reasoned that “QUOINE’s ICO Mission Control removes these pain points so token issuers can focus on more productive aspects of their work, such as product development or marketing. With the launch of ICO Mission Control, we aim to bring global standards of security and technology to provide a safe, secure ICO launch for all token issuers and participants.”
The first ICO to take advantage of the new platform will be VUULR, a blockchain-based film and TV content platform. The ERC20 VUU token goes on sale this coming Wednesday and will be tied to supply chain solutions and trading of content rights for broadcast content and sponsorship.