The Trouble With Pre-sale

With over $3 billion raised this year alone and surpassing early stage venture capital funding, the ICO industry is becoming a force to reckon with. Powered by blockchain technology, Initial Coin Offering or ICO is a decentralized crowdfunding mechanism that is increasingly becoming integral to FinTech start-ups. It enables them to tokenize their services, assets, or solutions and offer them to the public in exchange for funding.

Unlike the traditional IPO that requires strict regulatory compliance and approval, ICOs are borderless, facilitating global participation in the development of blockchain-based projects. However, despite its growing adoption, ICOs are coming under fire due to the addition of one new feature; pre-sale.

ICO pre-sale also known as Pre-ICO is more or less a prelude to the main sales, offering a fraction of the total tokens at a cheaper rate and fixed sales limit.

So, pre-ICO are like pre-IPO?

Of course, they are not. Despite sharing similarities, IPOs remain a fundraising vehicle by private companies to fund the expansion of their existing services. This means pre-IPOs are exclusive offers designed to benefit a limited few. Pre-ICOs, on the other hand, are the polar opposite.

Starting up a global service company is no mean feat. From one time costs such as setup and registration, to recurring ones like infrastructural and maintenance budget, manpower and support training, product development, auditing and legal fees, start-ups have a lot to account for and much more to prove. Pre-ICO allows startups to offset the legal and marketing costs for launching the main token sale. In return, participants are appreciated for their contributions through discounts and uniquely tailored bonuses. Unfortunately, some startups have abused this fundraising mechanism, offering unfair distribution terms that has degraded what the spirit of decentralization stands for; unity regardless of race, status, and class. ConnectJob’s decentralized jobbing platform pre-sale is here to right this wrong.

A Journey of a Thousand Miles Starts with the First Step

Nobody remembers the 12th or the 574th step of that journey they took, but the first step is never forgotten, nor the impetus behind it. ConnectJob knows how important that first step is and how crucial it is to put one’s best foot forward, especially when developing a platform where skilled professionals can directly connect to service seekers with no third party interference. Using mobile app-based geolocation technology, ConnectJob offers a ‘best-in-class’ suite of services from vetted professional jobbers to help users easily accomplish their daily tasks. From shopping to coaching, gardening, babysitting, hairdressing, cooking, plumbing, caregiving, housekeeping, and even getting someone to hand out your flyers, ConnectJob has it all on a single platform.

There is Never a Second Time for a First Impression

This is why ConnectJob has taken extensive care in creating a presale event that will appreciate the contribution of every participant through a transparent system, the same way its platform allows every user to rate, track and monitor jobbers at their job site. With ConnectJob, all data stored on the network is recorded to the blockchain and is visible to everybody. Users will be able to access all jobbers’ rating, job history and comments in a single click. By seamlessly making job history accessible, ConnectJob is developing a trust-based ecosystem for all its users, just like its upcoming pre-sale.

Not Just A YAW

Unlike most ICOs, ConnectJob is not a ‘Yet Another Whitepaper’ (YAW) project. The product has been successfully tested in Eastern European for over three months and is being prepped for deployment in major cities in the world including London, Paris, New York, Moscow, Hong Kong, Seoul, Tokyo, Madrid, and Rio de Janeiro.

ConnectJob is offering participants the opportunity to get in early on the future of the $900 billion jobbing economy starting on 12/01/2017. ConnectJob will be offering CJTs (ConnectJob Tokens) at 2,400 CJT per ETH with 20% bonus on all purchases for early birds. Offer ends on 02/11/2018.

For more information please visit: http://ico.connectjob.io/

Media Contact: media@connectjob.io

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