Eidoo will launch a tool called ICO Engine to offer an opportunity for companies to set up token sales in our mobile apps available both on Android and iOS in a safe and easy way.
Early Coin Bids are very popular right now, so we decided to prioritize the development of this new tool to take advantage of this growing mean where funds are raised.
Thanks to this new tool, we want to add value to Euloo 130k users and supporters who download the app and join our token sales a month ago.
What is ICO
Initial Coin Offering (ICO) is a system where funds are raised for new start-up blockchains.
We can compare ICO with the famous crowdfunding, but in this case we are talking about the digital currency and tokens offered in return for participation as early adopters and supporters.
In fact, thanks to this process, beginners sell their tokens to the initial supporters of the project in return for crypto, usually Ethereum.
Most commonly, the new token issued by startup is based on the Ethereal blockchain as it provides the possibility to create smart contracts that manage the accumulated funds.
The PHI (Platform for Hybrid Investment) aims to create the first platform for investors who want to diversify their funds into vehicle classes - including crypto - manage it all through one interface.
Some managers who will offer their services through the PHI platform will be judged by the user to evaluate their performance.
The PHI token will be utilized by managers for the use of platforms through the form of Proof of Stake and used by users for payment of services with a 30% deduction when paying PHI and not other currencies.
Eidoo has a strong security system that ensures the security of funding to avoid the risk of loss of assets due to computer hacking, program errors, or fraud.
In fact, some cases have created an unpleasant precedent, so security measures are a must.
For example, during CooDash ICO, a hacker steals $ 7 million because the ethereum address used for requesting funds is changed to a fake, so the ETH will go to another address.
We want to solve this problem and, in fact, Eidoo provides a secure tool that ensures that the ICO address is always the same so that the funds get to the startup properly.
This is also possible because we will never show the address openly.
Regarding legal issues, we will integrate the KYC system.
Marketing strategy
If startup is interested in organizing token sales using our ICO Machines, we also offer some marketing and advertising related services, so more users may decide to join your project.
Our marketing strategy has been proven to win, and continues to grow.
By joining our ICO Engine services, beginners can take advantage of Eidoo's strategic potential and visibility of its advertising channels worldwide. We offer the opportunity to appear on blogs and magazines explicitly related to blockchain technology, and to internationally influential publications such as The Wall Street Journal and Forbes.
For more information about our project you can contact at link below:
Website: https://www.phitoken.io/
Twitter: https://twitter.com/PhiToken
Facebook: https://www.facebook.com/PHIToken/
Telegram: https://t.me/joinchat/AecpoEhlgK2yC70FzPp0iA
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1851671
