What is a Pre-ICO or Token Pre-Sale?

Get all the infos about the INNOU official Pre-ICO right here (PART2):

In the last article “WHERE THE #WTE-REVOLUTION STARTS (Part1) I gave you an insight on the start of Innou´s official Pre-Token-Sale.

Well, the Pre-ICO is open to the public now, the INNOU team is on fire and has already attracted some attention in the Crypto world.

To dive deeper, I will provide you with more information about Pre-ICO´s:

Roll, roll, roll around. Let´s talk about the token.

What is absolutely necessary, is to make sure if the token you are about

to purchase really carries value. In INNOU’s case the paying system in the whole ecosystem relies on blockchain technology, so the INNOU Token definitely holds value. Once the ecosystem will be updated with new modules, its value will increase immensely. The need for a Pre-ICO/ICO lies in the very center of our project’s concept since with INNOU we aim to close gaps between fiat and crypto and eliminate geographic limitations for good. Therefore, we consider this option as the only reasonable and efficient way

to achieve our goals.

Regarding the INNOU Token we came up with a very thought through business and marketing plan, which includes being listed in the exchanges.

In addition to that, the long list of use cases underlines that our investors will have as much usability and value as possible from our token.

Ethereum Blockchain is by far the most easily accessible cryptocurrency, which also supports smart contracts. Although we are familiar with the problem of high energy consumption of “Proof of Work” blockchains like Ethereum, we chose ERC-20 because it’s a widely distributed standard.

There is a considerable amount of exchanges, which already support ERC-20, so technically the INNOU Token can be traded right after they are issued.

The initial plan is to move the INNOU Token from Ethereum over to a “Proof of Stake” blockchain, which will both: cost less concerning the fees for all transactions and consume 17,236 times less electrical energy.

It is all about giving and taking.

INNOU stands for closing the gap between fiat and crypto money,

while providing the community with full transparency. We fight for improving and empowering the daily use of cryptocurrencies in our everyday lives, as we believe that crypto money is the future. Since the whole ecosystem provides global use cases in daily lives the token is more than a speculative element. The undertaken marketing analyses and financial planning are counting up different cases, out of which you can estimate the INNOU Token’s future increase in value. The threshold for the long-run INNOU vision is set high and planned in detail. Additionally, and thanks to blockchain technologies the door to full transparency can be opened and we truly believe that our society is in desperate need for this change.

Shout it out loud!

What is the marketing and PR budget and what is the current presence?

We are aware of the fact that it is no longer enough to only have a great idea backed by an outstanding team. Even though we have both, we constructed

a strategic and well-funded marketing campaign and a community management strategy.

In the financial plan we calculated two cases — a low and a high case.

As soon as we fund 2000 ETH the softcap is reached and we can work with

the calculated low case. In that case, we did not include a PR budget because AncientGame GmbH is a validated advertising agency and the upcoming marketing costs have therefore been calculated as labor costs.

We will become greener and greener…!

Ethereum Blockchain is by far the most easily accessible cryptocurrency, which also supports smart contracts. Although we are familiar with the problem of high energy consumption of “Proof of Work” blockchains like Ethereum, we chose ERC-20 because it’s a widely distributed standard. There is a considerable amount of exchanges, which already support ERC-20, so technically the INNOU Token can be traded right after they are issued. The initial plan is to move the INNOU Token from Ethereum over to a “Proof of Stake” blockchain, which will both: cost less concerning the fees for all transactions and consume 17,236 times less electrical energy.

Take a risk!

Having considered all of the above, the final question you should ask yourself is: how much you are willing to risk? Financial investments in

general pose a risk and Pre-ICOs/ICOs are not an exception. We are confident enough to say that with the INNOU project it is not about losing but it is a matter of individual risk management. And if you ask us — we are willing to risk everything. No doubt. We believe with every fiber that our project and the concomitant vision is not only original, unique and thought through but in fact necessary to initiate the first steps towards change.

Since our society has to deal with major pressing topics like data fraud, transparency is more important than ever! Therefore, high-end security and the not forwarding of any sensitive data to third parties is our main priority. We believe that in the year of 2019, equal rights are still being neglected in pivotal areas of human ideology. This is why we are setting high standards on a global scale with empowering equal payment of women and men.

At INNOU every single one of the team is absolutely standing behind the concept, the approach and the vision of the project. For a better planet.