ICOs are a source of capital for new projects and startup companies. This is a popular alternative for the strict and over-regulated fund-raising process required by venture capitalists or banks. In an ICO, a quantity of the crowdfunded cryptocurrency is sold to investors in the form of tokens, in exchange for legal tender or other cryptocurrencies such as Bitcoins (BTC) or Ethers (ETH).
This technology provides transparency and immutability between investors and entrepreneurs.
As a software specialist, INFOLEVEN can be your trusted partner in:
Infoleven can help you develop, test and deploy Smart contracts – the self-executing code that works within a blockchain. Their main function is to log an agreement with predefined rules into the blockchain—stored securely in digital format.
It validates the conditions of the contract and the required outcomes because it can’t be changed under any circumstances. Smart contracts provide the needed reliability for launching an ICO (Initial Coin Offering).
If you already have a smart contract, we can be a trusted expert to perform an audit of the code. Our developers will review the smart contract and we will send you a status report indicating any bugs or security issues we have found, as well as a confirmation of the technical quality.
Token design is a major part of the new decentralized system, because it is used to determine the flow of payments and to reward those using the system.
At Infoleven we can implement your token on the Etherium blockchain network. This gives you a lot of advantages compared to a custom implementation or alternative platforms. Your token will be compatible with existing Etherium wallets and familiar to the users making it easier to invest in.
Simply put, ERC 20/223/721 are different standards that define a set of functions that your token needs to implement to ensure the compatibility with the Ethereum network.
ERC20 is the most widely used standard and it gives you basic compatibility with the Etherium network and Etherium wallets.
ERC223 is a newer standard, but it’s backwards compatible with ERC20. It is mostly an improvement over ERC20 and solves some issues with its design.
ERC721 is a different standard used for non-fungible Ethereum tokens. “Non-fungible” is just a fancy way of saying that each of this the tokens is unique, so this standard is perfect for implementing crypto collectibles like in the CryptoKitties game that got popular recently.
One of the first steps for holding a successful ICO project and selling your token is building a captivating landing page or website that converts visitors to contributors.
Most ICO landing pages include tokenomics, detailed product overview, team information, ICO schedule and timelines. With the necessary integrations with the smart contract the landing page will be able to display the investor count and raised amount live.
We can guarantee professional design and development with all the current trends in UX and UI.
There are a lot of ICOs lately and deciding which ones are worth investing in is always difficult. A Proof of Concept (POC) can help to build trust with potential investors and improve your chances of success.
We can develop a POC for your blockchain project—a technical prototype that includes the core features of the product, verifying that it is a working solution. If you have the resource, you can go one step further and build an a MVP—a completely working version of the product with only the most essential functionalities, which real users can use and benefit from.
The biggest problem for prospective investors dealing with ICOs is to invest in something worthy, to find a legitimate ICO with a solid business plan and a market.
Most of the projects belong to start ups that don't have any history or reputation. We have the knowledge to perform a technical due diligence that will help you evaluate projects, separate legitimate from scams and thus, protect investments from fraudulent or unscrupulous companies. This includes assessment of whitepapers, reading and evaluating the smart contracts behind an offering and the code behind a new protocol, overall technology review and token risks, team and community checking.
Infoleven can help you launch a successful ICO project by:
- Transitioning to blockchain
- Analyzing your product
- Blockchain solution and platform advising
- Technical consulting & technical specification for product prototype
- Developing a concept for blockchain integration
We offer an all-inclusive development and support for ICOs. This includes conceptual design of tokens, implementation of smart contracts, website development and maintenance of infrastructure for your ICO campaign.
We work with companies of all sizes in a wide range of industry sectors. Based on previous experience, with precise planning and good organization, things work! Check out our portfolio of projects and see for yourself.