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ICO HeadStart 3/5 (1) - ICO projects escrow platform

Our platform works in a decentralized manner with the amazing advantages of blockchain technology and provides the highest security standards in the ecosystem for our community of backers and creators. You’ve read all about the ‘why’ of our platform in previous chapters. In the following chapters, here’s what you will learn about ICO HeadStart: It is the first platform where backers and creators pay 0% fees without any additional costs It offers the community the best available ICO proposals, which have been screened and certified with the ICO HeadStart™ Seal of Approval before they get listed The community is the vital part of the platform. Once the screening process...

Token sale ended

3.0
Hype5.0
Security2.0
Team2.0
Vision3.0
  • Token: MOAT
  • Price: pre-ICO: 1 MOAT = 0.0000260744683 ETH; ICO: 1 MOAT = 0.00004171914 ETH
  • PreICO start: 8 Dec 2017
  • PreICO end: 20 Dec 2017
  • ICO start: 26 Mar 2018
  • ICO end: 23 Jun 2018
  • Country: Netherlands
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Our platform works in a decentralized manner with the amazing advantages of blockchain technology and provides the highest security standards in the ecosystem for our community of backers and creators. You’ve read all about the ‘why’ of our platform in previous chapters. In the following chapters, here’s what you will learn about ICO HeadStart:

  • It is the first platform where backers and creators pay 0% fees without any additional costs
  • It offers the community the best available ICO proposals, which have been screened and certified with the ICO HeadStart™ Seal of Approval before they get listed
  • The community is the vital part of the platform. Once the screening process is finalized, the decision is up to the community. The community has decisive power to determine whether an ICO will be supported. ICO HeadStart™ just creates the structure and democratizes access. The combination could potentially beat the limited resources of any individual typical market participant such as a hedge fund
  • The ICO HeadStart™ ICOnomy is powered by its own token, the MOAT

 

Escrow Contracts

One of the ways ICO HeadStart regulates ICOs, is to release Bitcoin and Ether to a successful ICO creator in a timed manner linked to reaching goals and not just all at once, which is the current practice. We will hold the received Bitcoins and Ethers that are aimed for supporting an ICO in timed release escrow in exchange for project tokens. Basically, this service holds Bitcoin and Ether till a certain deal is finalized or milestones have been achieved.

The community within ICO HeadStart™ determines the success of an ICO. Once the community has accepted a certain project, Bitcoin and Ether gathered will be held in timed release escrow and will only be released when pre-agreed stages are reached. Based on the quantity of gathered Bitcoin and Ether, the risk assessment, the roadmap of the campaign and most importantly, the ICO HeadStart Scorecard Analysis, a specific timed-release agreement will be defined for each individually listed ICO project on the platform. The execution of the transfer of the cryptocurrencies will be performed by multiple signatures to ensure that never one person controls the release of those cryptocurrencies.

 

Smart Contracts

ICO HeadStart will also use smart contracts to create the safe and transparent mechanism for our ICOnomy. These smart contracts are a perfect match for the decentralization of the ICO HeadStart platform.

Smart contracts provide an innovative alternative to the everyday regular contracts we use to handle business. A smart contract is a programmed agreement that is written in a programming
language and recorded on the Ethereum blockchain. It works without the intervention of third parties such as central brokerage entities. The uniqueness of smart contracts is that the rules and
conditions governing such a contract are programmed in the contract itself. The coding of smart contracts has given life to a new sort of peer-to-peer marketplace that will substitute existing
systems. It also ensures a high level of certainty that agreed steps will autonomously occur once the smart contract comprising the agreed actions is deployed on the Ethereum blockchain.

Team

Nawid Habib

Founder & CEO

Aleksandar Martinović

Founder & Chief Technical Officer

Martin Bylsma

Chief Operational Officer

Partners & Investors

Milestones

  • H2 2016
    Global ICO Market Analysis Business Plan Development
  • H1 2017
    Platform Development
  • July-August 2017
    Seed Funds Received Smart Contract Development Operational Team Development
  • September 2017
    Videos and Other Supporting Media
  • October 2017
    Smart Contract Audit White Paper
  • November 2017
    30 Days Countdown Events and Media
  • 08 December 2017
    12 Days PRE-ICO
  • January-February 2018
    Developing Website Processes Developing Web Office Processes/Functions Further Establishment Strategic Partners
  • March 2018
    Marketing Development Visual Content Development 30 Days ICO (starting 26th of March 2018)
  • April 2018
    30 Days ICO (ends on 24th of April 2018) Launch ICO HeadStart First Live Projects ICOnomy
  • End H1 2018
    Goal: MOAT Listed on Multiple Exchanges
  • H2 2018
    ICO Fundraising Events Development Creators and Backers Platform Tools Development – Compliance, Legal, Marketing
  • H1 2019
    Online ICO University
  • H2 2019
    Mobile App Development

Token

  • Platform: Ethereum
  • Price: pre-ICO: 1 MOAT = 0.0000260744683 ETH; ICO: 1 MOAT = 0.00004171914 ETH
  • Accepting: BTC, ETH
  • Token distribution: 46.75% - MOAT reserve 33% - Reserved for Founders, Operational Team and Advisory Board 12.5% - ICO 3% - Seed Investors 2.5% - pre-ICO 2.25% - Bounty
  • Hard cap: 33,000 ETH

Proof Points
2/5

Legal entity

Question about legal entity was deleted from telegram chat. No legal entity could be found

Prehistory of project

No prehistory of HeadStart project were found

Product or its MVP

No MVP were found

Blockchain experience

Advisor Oliver Isaacs – Advisor at Dragon Coin and Moonlite

Escrow

Whitepaper mentions that funds of other ICOs will be held till a certain event needs to be invested.

But there is no external escrow service found which holds HeadStart funds.

Comments

Update: 14.03.2018

Media

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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