Value proposition of the asset ICOO
With the intent of providing a valuable service the ICOO has been created to satisfy two needs:
1) The need to trade immediately every new coin even in the pre-launch phase
2) The need to have complete promotional and professional services for issuers who want the marketing infrastructure to launch their project.
The profit distribution of the ICOO is based on the revenue streams attached to the fees obtained from any of the above 2 mentioned main services. You can read more about this on www.icoo.io as well as below giving an idea of one off many options available in future.
1. sign up on OL
2. subscribe on ICOO site to either upcoming ICO or already active and deposit amount you wish to use as investment
3. receive on OL account of ICO subscriber an OPEN.ZYX asset corresponding to the ICO token and start to trade on the market of choice from user.(on OpenLedger it is possible by all users to create their very own market or use the ones already active).
4. Open asset is initially as an IOU on OL an based on CCEDK confirming to have equivalent amount of tokens confirmed to an adress, and once ICO is launched with respective wallet, deposit and withdrawal option on OL is then enabled and all OPEN.assets are backed by the cryptocurrency.
ICO subscribers pay a limited fee for this service which is deducted from the OPEN asset amount which is then funded to account. Fee schedule can be found on ICOO.io site.
The option of subscribing to a certain amount of ICO tokens will be enable on the ICOO website once an ICO i announced.
NB! Whether standard fee, VIP onetime amount or VIP fees achieved from this service they will be added in full (100%) to the monthly ICOO profit distribution.
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Paolo is an italian entrepreneur who live and work in switzerland, and a financial advisor with more than 15 years of experience. He also founded the most influential and read blog in Italian language that talks about finance, geopolitics and cryptocurrencies.
Paolo is fervent blockchain advocate who came in contact with crypto currencies in early 2013 and was fascinated by their libertarian nature, implications for value transfer and zero trust ledger capabilities.
He realized that bitshares represents the state of art as a system for creating and managing trustless and decentralized financial markets so he joined the Open Ledger team around Ronny Boesing where he shares his passion about the technological possibilities of the blockchain, smart contracts in financial services.
FAQ's - Frequently Asked Questions:
Total # of tokens created:
There is not a fixed number of ICOO tokens, the total volume of ICOO tokens created at the end of ICOO based on incoming payment define the total volume of ICOO tokens in circulation.
None. The only ICOO tokens in circulation will be the ones created during the time of ICO.
Total tokens created over time
No further ICOO tokens are created over time through any automated means. There is no 'mining' involved in ICOO as the security of its token is already guaranteed by the security of the underlying BitShares network.
OpenLedger is the initial platform where ICOO will be traded.
OpenLedger users who participate in ICOO associated crowdsales and pledge 15 Bitcoin or more will receive badges that grant special privileges on the OpenLedger platform. Whether it is access to discounted advertising or discounted goods and services from the Decentralized Conglomerate, any user who gets a badge will get life-time privileges for the OpenLedger platform.
During crowdsales, pledgers will be able to use any currency that is available on Openledger to participate. All ICOs will list prices in Bitcoin, and any other currencies used will be liquidated to Bitcoin to prevent value loss over the course of the crowdsale.
CCEDK ICO Handling Fee
CCEDK will charge %1 on ICO sales. Ratio of ICO sales through CCEDK will be 1.01:1 (OpenLedger token vs. external token).
CCEDK Pre-Launch Token Commission
Pre-launch ICO tokens that are being sold through CCEDK but not hosted by OpenLedger will have 4% commission go toward CCEDK team for their work associated with implementing the ICO token to OpenLedger. Ratio of pre-launch sales through CCEDK will be 1.05: (OpenLedger token vs. Pre-launch token) CCEDK reserves the right to temporarily reduce pre-launch trading fees at any time.
OpenLedger trading commission will be %0.1. The ratio of OpenLedger tokens trading to the external token will be 1:1.
Liquidity of ICO funds
Any funds taken in through ICOO will be accessible immediately to CCEDK team to use with public record of the transaction with explanation of expense or investment. Funds accessed will have necessity of either being to add value to campaign for ICOO, or to invest in an ICO launch that was unanticipated but CCEDK specialists decide is worthy of investment. All transactions will be visible through Cryptofresh.com, and CCEDK team will have public liaison to handle questions.
Minimum order per transaction
50 ICOO tokens. A user may order as many times as desirable during the crowdsale as long as it is in the amounts of minimum 50 units.
Tokens will be tradable peer-to-peer and on exchanges starting at the end of the ICO.
Maximum tokens created
20,000,000 ICOO tokens.
Get Live Updates
BUY option on site has been closed. We advise you to go to all active markets on OpenLedger to do your buys, and we may propose to you the following ones, althought there may be many more:Attention all project leaders: You may well profit of buying ICOO tokens early on the below market, should you decide to make use of ICOO Crowdfunding 3.0 and the CCEDK.com services, as all CCEDK services are to be paid in ICOO tokens or the token of project.