September 21, 2017 – Kyiv, Ukraine – Token-as-a-service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, today announced a strategic partnership with Iconiq Lab, a global initial coin offer (ICO) and token-sale accelerator program. The TaaS team will also be filling an advisory role on Iconiq Lab’s board of advisors.

As interest and investment in cryptocurrencies has skyrocketed, participants have expressed an overwhelming demand for proper due diligence on startups issuing a coin or token in a fundraising event. Additionally, investors are clamoring for the issuance of tokens that are supported by sustainable business solutions delivering long-term investment value.

Through its accelerator program, Iconiq Lab aims to address both of these problems by identifying the most promising crypto and blockchain projects, then teaming up to accelerate them to their own ICO launch. Iconiq Lab’s mission is to allow for the flow of entrepreneurial creativity through using tokens as financing instruments for the worthiest startups. This process will also provide crypto investors with actionable data when evaluating new token investment opportunities.

Contribution to blockchain projects is one of the main objectives of TaaS, making the Iconiq Lab partnership a natural fit. TaaS analyses hundreds of TGEs, selecting just over a dozen per quarter that meet the high standards required to sustain the platform’s reputation for delivering high returns on investment. By supporting Iconiq Lab in identifying and accelerating the most promising projects, TaaS will be able to assist in the creation of new infrastructure to match ICOs and investors in ways that benefit both parties.

“The Iconiq Lab program is focused on the very same objective TaaS is pursuing. In order to promote innovation in crypto, a supportive investment climate must be created. We look forward to partnering with Iconiq Lab to identify and assist quality blockchain and crypto projects,” said Ruslan Gavrilyuk, co-founder and President of TaaS.

“We are excited to announce our strategic partnership with TaaS and add them as an advisor to Iconiq Lab,” added Patrick Lowry, CEO and co-founder of Iconiq Lab. “TaaS has proven themselves as accomplished contributor to cryptospace, and we value their input when it comes to sourcing companies in our pipeline and constructing tokens as investment opportunities.”