September 5th, 2018 at 9:14 pm UTC · 3 min read
The ICO market has a great potential for expansion and growth.
Mark Lurie, the Cofounder and CEO of Codex Protocol, believes that next year there will be a lot more institutional capital that will all go to the highest quality projects.
“There will be a shakeout in ICOs and a flight to quality. There will be a proliferation of ICOs where a few will go bust. There will be a lot more institutional capital that will all go to the highest quality projects. That’s what happened during the financial crisis with venture capital and growth equity rounds, too. Most companies could not raise any funds, but those that could raise funds did it at really high valuations.”
The competition on crypto market increases and requirements to ICO become much higher therefore the availability of the most trustworthy sources to provide the necessary blockchain information is vital. This requires truly consistent focus to ensure top high-tech projects evolve and have every chance to take off.
IDACB (International Decentralised Association of Cryptocurrency and Blockchain) has a benefit that is important to the marketplace – IDACB Fund to invest in the new technologies projects, immediate worldwide media and social attention, constantly extendations Board of Advisors with selected top blockchain experts and partnership relations with entrepreneurs aspiring to unicorn-like success develop a powerful value proposition that not only differentiates their company from competitors in the marketplace, but is also easy for their target customer base and audiences to use.
IDACB is going to stay ahead of high-tech industry and adapt value proposition to the law of the marketplace to grow and expand to reflect. Thus, IDACB will negotiate with Bloomberg and Thomson Reuters the incorporation of Neironix – one of the upcoming projects invested by IDACB Fund – a global aggregator platform for investment risk evaluation in blockchain economy.
According to experts, Neironix is the future Blumerg in the cryptocurrency. The platform automatically assigns ratings to the projects based on mathematical scores outcome, neuron networks, and multidimensional scrutiny of bulk data. The platform works for scrutiny and risk management, especially for projects with high levels of uncertainty.
At the moment Neironix is the biggest and comprehensive source of analytical information about digital market and ICO-projects in the world. To this day 60 exchanges are connected to this platform with information about more than 4 439 ICO-projects and 5436 digital currencies.
The project got the support of Russian Association of Cryptocurrency and Blockchain and Korean Association of Venture Business. Neironix will provide RACIB the information about projects and rating for their accelerator of ICO projects.
Keep yourself updated on the development of crypto economy and contribute to developing the decentralized future together with IDACB!