Venture Capitals should prioritize certain problems in order to dedicate enough resources to identify and solve the top problems in the startup ecosystem. The fact that only half of small businesses in the United States will survive through their fifth year of operation and just 30% of those businesses make it through ten years is showing that the system had not succeeded.
We need a new strategy to assist us to respond effectively to the growing number of startups. It is substantial to attract, convert and retain success.
Blockchain is trying to disrupt the current model of startup and technology investment. Through a decentralized platform making it fraud resistant. This what IconiqLab is trying to do, they want to decentralized venture capital.
Iconiq Lab is the world’s first decentralized venture capital group, powered by their token sale accelerator program. Imagine it like Y-Combinator, but decentralized. Anyone can apply for the accelerator program in a transparent way which won't happen when you apply for Y-Combinator. Iconiq Lab is a portfolio company and strategic partner of FinLab AG, a German publicly traded Fintech investor and company builder.
Iconiq Lab will provide everything from Seed Funding to ICO Token Sales consulting. But the beauty lies in the eyes of ICNQ token holder. The ICNQ Token powers the economy, creating a harmonic solution to digital asset management. Holders of the token gain exclusive membership to the ICO investment club and fund share classes, available through Iconiq Lab and Iconiq Funds. Additionally, the token is redeemable as a voucher by holders for discounts on ecosystem services.
Learn more about their upcoming token sale here: https://iconiqlab.com/
