The ICO Paradox

With a creative combination of code, strategy, and novel ideation; anyone from around the world can start a tech company out of thin air.

However, while the internet provides a more even playing field, blockchain technology added an extra layer of expedition to the ever-evolving puzzle of efficiency.

The Crypto Kickstart

The introduction of ICO’s (Initial Coin Offerings) gave individuals a platform to share their vision with the world, attain the needed capital, and avoid the traditional route of angel investors or VC firms. It was like Kickstarter on steroids. However, this quickly became paradoxical in nature.

During my time at a blockchain-based marketing agency in 2018, we had over 75+ clients. Ironically, 90% of these companies were pre-ICO companies, spending hundreds of thousands of dollars to launch an Initial Coin Offering. Yes — hundreds of thousands of dollars for the opportunity to possibly raise future capital and eventually build a product.

Outside the world of blockchain, 75% of venture-backed startups fail. Within the blockchain world, the numbers are even worse. Despite over $13,000,000,000 in public capital allocated to the decentralized world in the first half of 2018 alone, over 1000 projects are now dead.

We don’t believe the ICO model is dead, but we definitely believe it has some inherently misaligned objectives and obstacles to overcome.

Motivation : Non-cryptocurrency companies have to put in years of blood, sweat, and tears to potentially one day get acquired or IPO. Many ICO projects are financially rewarded in some manner before ever actually building anything.

: Non-cryptocurrency companies have to put in years of blood, sweat, and tears to potentially one day get acquired or IPO. Many ICO projects are financially rewarded in some manner before ever actually building anything. Product : Non-cryptocurrency companies find product-market fit, then raise capital. Many ICO companies spend multiple years developing a product without ever asking, or attempting to ask, does the world really want this?

: Non-cryptocurrency companies find product-market fit, then raise capital. Many ICO companies spend multiple years developing a product without ever asking, or attempting to ask, does the world really want this? Legal: Non-cryptocurrency companies have very clear legal restrictions and guidelines. Many ICO companies are under a heavy amount of legal scrutiny and uncertainty, especially in the US.

An Alternative ICO System

In the decentralized world, we believe money is nothing more than a middle-man between ideas and innovation. Money will no longer be a pre-requisite, but rather the result of successful execution and value creation. Plain and simple, money is the output of value into the world, not the input.

We believe there are alternatives paths to success. Raising upfront capital will always be an avenue, but we are focused on a different reality of value first creation.

The XIO Standard

One of the items we are most fascinated with the launch of our original project (Bomb Token) was not the deflationary nature, but the distribution process itself. Without taking any money, we launched our idea to the world and gave our tokens away for free.

Rather than telling the world what your company is worth, you let the market decide your value. This new concept enables the fastest way to find out if your idea has a true need/demand and creates consistently aligned motivations and benefits over an ICO.

Expedites the process of finding out if your idea is worth building.

Decreases wasteful resources of time, energy, and effort.

Enables an immediately passionate community from day one.

Aligns your development roadmap with that of the token holders.

Creates a continuous feedback loop of external input and improvements.

XIO is an alternative system in which to launch ideas into the world, at scale.

What do Startups Get?

Blockchain is built on the premise of anti-censorship, open-opportunity, and the continuous search for unified-consensus. Despite this grand vision, the process of taking creative ideas to market is an uphill battle. This is why we created XIO and this is what we aim to fix.

In an effort to provide innovative minds and teams the marketing, partners, and liquidity to succeed; XIO is an exploratory incubator that enables anyone to launch their ideas into the world with zero upfront capital.

We believe in solving for X: the undiscovered, underdeveloped, and unresolved obstacles within the blockchain industry.