Leading Cryptocurrency Authority David Drake Comes Onboard as an Advisor to ICOBox

October 5th, 2017 at 9:18 am UTC · 4 min read

ICOBox, a premier provider of fixed-price SaaS ICO solutions, announced today that it enlisted the assistance of David Drake, one of the blockchain esteemed dignitaries, who agreed to join the team as its advisor. Mr. Drake, the Chairman of LDJ Capital, will advise the company on the key market aspects, including the industry’s legal regulation, international business development, and investor relations.

ICOBox has recently completed its own ICO and now aims to be involved in conducting 800 ICOs of other projects over the next 12 months. With this ambitious goal in mind, they are currently receiving over 100 applications per day from startups interested in using their services. ICOBox conducts their extensive prescreening, and the final selection of the projects to be given ICOBox’s tools is carried out by the vote of ICOS token holders. The company also offers a revolutionary new feature: an Interproject Token Swap, or IpTS – a unique option that lets ICOS token holders swap their tokens for the tokens of any new project listed on ICOS platform.

And now the company will be able to rely on the wisdom of its new advisor David Drake, who is a highly respected businessman, investor, and blockchain advocate with over 25 years of experience in supporting and developing technology, media, telecommunications, real estate, hospitality, cleantech, energy and social impact projects. Mr. Drake manages alternative assets for his clients, and his family office currently has over fifty global directors who maintain relations with institutions and family offices with $1.5 trillion in assets.

“We are extremely proud and excited to have David’s support. With his invaluable knowledge of the legal landscape of conducting crowdsales and the intimate understanding of cryptocurrency markets, we are expecting to make fast and steady progress in reaching our goal of helping hundreds of promising startups bring their innovative products and services to life. David is a fantastic addition to our team, and we are grateful and honored that he found our business model worthy of his time and attention,” says Nick Evdokimov, one of ICOBox Co-Founders.

David’s groundbreaking work in the crowdfunding industry earned him an invitation to the White House Champions of Change ceremony. Through his financial media company, The Soho Loft Media Group, he organized the first ever meeting with the Security and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to discuss crowdfunding market regulation. Together with other industry whales, following the signing of the “Jumpstart Our Business Startups” (JOBS) Act by President Barack Obama, he created the Crowdfunding Professional Association (CfPA) and the Crowdfund Intermediary Regulatory Advocates (CFIRA). For the past five years, these two national associations have been regularly engaging with the SEC and other market oversight authorities on regulatory issues.

“I am intrigued and fascinated with the audacity of ICOBox’s aspirations. That said, I think that their approach is absolutely solid and based upon in-depth comprehension of both the legal and business issues involved in conducting Initial Coin Offerings. I believe that with their extensive grasp of the market they came up with a great product that is currently in very high demand. I will be happy to lend a hand in bringing their inspiring vision to life,” remarked David Drake, ICOBox’s newest advisor.

About ICOBox

Founded in 2017, ICOBox offers fixed-price services to projects seeking to sell their products and services via ICOs. As part of its solution, ICOBox provides technical, legal and marketing services. ICOBox was founded by three blockchain visionaries: Nick Evdokimov, a co-founder of SeoPult, an ex-CEO of AdInTop and Cryptonomos CEO and co-founder; Mike Raitsyn, a serial entrepreneur, and Anar Babaev, Head of Digital Marketing at Cryptonomos. Details on ICOBox can be found at www.icobox.io. For more information please e-mail: [email protected]. To submit a project, go to https://cryptoform.typeform.com/to/zzXaZo.

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