Unless you’ve been living under a rock for the past six months you will no doubt have heard about the alluring rises of bitcoin and ethereum, as well as other digital currencies that are flourishing in a new craze which many are saying is reminiscent of the dot com bubble at the turn of the century. After almost ten years of development and dedication from a small group of pioneers, blockchain technology has reached a turning point in its young existence; with the creation of the Ethereum protocol, we are finally able to apply blockchain technology to real-life use cases and the impact could be huge.

At the heart of this technology lies a somewhat paradoxical motive. Blockchain technology exists to disintermediate, to free us from the inadequacies of bureaucracy and to overcome central powers by distributing decision-making and incentives on a global scale. Soon we will be able to rent computer processing power and storage from a global community of individual contributors, rather than having to rely on the packaged solutions from proprietary behemoths like Amazon. The scale of problem solving is greatly extended by relying on a global network of contributors, and yet the same technology that shows blatant disregard for national borders is also bringing people together in local communities like never before. This is primarily due to the rare blend of real innovation grounded in political activism, and an incentive-based financial system to help support and grow the community. Over the last 12 months we have seen an explosion in ICO’s (Initial Coin Offerings) which serve as an example of the new capabilities invented by blockchain protocols such as ethereum. It is now possible for any individual or organisation to issue a digital currency and offer it to a network of global investors without any of the regulatory or bureaucratic processes required in a traditional share issuance or IPO. In the last year we have seen almost $2b raised by startups in the blockchain space through this method of funding and it doesn’t look like this trend is going to slow down going into 2018.

As one might expect with such large sums of money flowing into the space and new millionaires being created every week, there are also shady operators ready to take peoples money for less than credible projects hatched together in quick time. Whilst investors see potential fortunes to be made in every new ICO, experienced scammers are all too willing to provide a vehicle for those funds to be invested in.

In the battle to help investors become more discerning and regain the trustworthy reputation of ICO’s, one project is taking the lead; StartupTokenTM is offering a full-package service for blockchain-technology startups wishing to raise money through token issuance, providing everything from legal counsel to technical support and marketing promotion. A project must first pass the qualification test that StartupTokenTM has in place to determine the true innovators from the opportunists with dollar signs in their eyes. They are looking for startups which are utilising blockchain technology for a genuine improvement on ‘old-world’ processes and offering a token with real utility and benefits for their owners.

“We are working closely with associated policy makers and local partners in Gibraltar including legal & tax incorporation with our partner firms such as Isolas. Together we create a regulatory standard framework to have best practices applied to startups in the StartupTokenTM accelerator,” Explains Co-founder Yacine Teraï. As opposed to some increasingly saturating the industry right now, we have a long term vision of ensuring protection to investors and offering them duly reviewed and innovative projects. We are highly selective in the projects we take on, take into consideration their added value, scalability, team and advise a streamlined, trustworthy token sale.”

It can be a daunting world for a blockchain startup these days, with seemingly endless conferences and “experts” on hand to exert their influence over founders of a project. This is why StartupTokenTM has created the “StartupTokenTM Asia Tour Edition” where it will be taking a number of successful applicants on a roadshow of conferences, meetups and private sessions to promote their project and develop the community around them. This tour combines the nous and expertise of blockchain authorities like Eddy Travia, CEO of Coinsilium with the enthusiasm and exuberance of new blockchain projects like Dether, Hacken or Pesabase. Eddy is a global speaker and pioneer VC in the Blockchain space and knows first hand the overwhelming significance on a proper liquid market. He states,

“We focus on token economics that make sense for all stakeholders and ensures a sustainable development for the company. I will share my experience gained from Seedcoin and Blockchain Space to help startups navigate the challenges of the early stages of the startup life.”

This pairing of established blockchain personalities with relatively unknown startups provides the new businesses with almost immediate gravitas and reputational substance, easing any potential concerns from prospective ICO investors.

StartupTokenTM is establishing itself as a beacon of light in an otherwise increasingly murky world of ICO’s. Their community support extends to offering co-working space, and accelerator programs with seed capital and educational support for founders to help them scale their business in a lean and effective manner. Staying true to the distributed nature of blockchain technology, they are establishing a global presence with operations increasing in London, Hong-Kong and Tokyo in the coming year, in addition to current operations in Paris. Currently, the Asian Tour sees StartupTokenTM showcasing some of their prestigious community members such as RSK, Dether, Adapps and Energimine to the increasingly savvy Asian community which now accounts for a significant volume of digital currency transactions.

You can see the StartupTokenTM projects outline their product and view of a future world in Singapore on October 17th, Hong Kong on October 18th, Tokyo on October 19th and finally Seoul on October 20th.

For more information see the StartupTokenTM tour presentation

Click here to attend Singapore event, Hong Kong, Tokyo.

Contributed by Adam Jason.

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