ICOBox, a leading provider of fixed price solutions SaaS ICO founded in early 2017, in the first five months of its operations helped its customers collect more than USD 200 million through ICO. And that’s not all – many ICOs are still in progress, so the final sum will be even higher.
Although the emergence of ICO technology has significantly simplified and streamlined the process of finding followers, it still requires significant resources. To solve this problem, ICOBox recently ran its own ICO to raise funds to cover the ICO costs of promising but underfinanced start-ups. These startups will then run their ICOs using tools developed by ICOBox. In return, the company receives a number of newly minted tokens.
Until now, ICOBox has cooperated with over 30 companies. The best results of ICO were achieved by Paragon, which uses blockchain technology in the cannabis industry. Their innovative idea found their audience: from the September premiere of ICO Paragon, the company sold over 70 million tokens, which were initially priced at $ 1 per token. Although the final amount has not yet been publicly announced, it is reasonable to estimate that their financial results will be worth noting.
Thanks to its own ICO, ICOBox sold $ 40 million worth of tokens. This is the second best result on the list of successful company projects. The third number on the list is Micromoney, a company that helps reach potential clients who do not use banks. It uses blockchain technology to determine the customer’s creditworthiness in just 15 minutes. More than 13 million dollars have been collected.
There are currently six ICO customers of ICOBox. Some of these sales have already exceeded 20 million dollars. For example, Universa, a supplier of super-fast, low-cost and secure tools to create smart contracts and applications using its own blockchain, has reached this figure only in the first three hours of its ICO. Universa has so far sold $ 22 million in chips.
Among the other successful ongoing ICOs is the Luxemburg crypto-bank Cyber Trust, which managed to collect nearly 19 million dollars only in the first round. Their ICO is still working and is expected to be very successful due to high demand, also among institutional players.
The ICOBox client, Crypterium, a cryptographic bank filling the gap between the physical and cryptographic world, both for individuals and companies, sold $ 18 million worth of chips, reaching $ 7.5 million on the first day of sale, which runs until January 13, 2018.
The average amount collected by ICOBox customers through the sale of tokens is USD 19 million.
“Within five months of the foundation of ICOBox, we have evolved from a promising startup to serious international business, and 84 employees work in 3 offices on 3 continents,” says Mike Raitsyn, co-founder of ICOBox. “Last month we introduced two new services – advisory board and investor relations, our PR and marketing services were also a big hit – we know how to do ICO in the right way – making sure that it is fully legal, competent and successful” – sums up .
Keith Teare, co-founder of TechCrunch and adviser to ICOBox, is very optimistic about the work of the team: “From the very beginning it was obvious to me that ICOBox came up with a very important and current idea, but the first results exceeded my expectations. Many of their clients launch completely new products and services, changing the world in which we live, in front of our eyes. ”
ICOBox is currently the world’s leading ICO provider, offering its customers a wide range of inexpensive turnkey packages and custom services, including legal, technological and marketing solutions.