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The cryptocurrency market is relatively new, so not all mechanisms for it’s regulation have been worked out. Rocket ICO is a decentralized accelerator that connects experts, investors and start-ups in an attempt to coordinate the blockchain community more efficiently and build trust within it. It will create an ecosystem that is beneficial for all its members.
Rocket ICO is the world’s first decentralized accelerator for startups that want to raise investments in cryptocurrency.
If you’re already involved into the crypto space, you probably know how much expertize a team needs to build a successful start-up and launch their ICO. There are numerous firms who offer them consultancy in marketing, legal issues, writing whitepaper and technical development. However, young start-ups cannot afford their rates and many great ICO ideas never see the light of day. Rocket ICO has put forward an idea that will allow them to bypass the need to turn to consultant firms.
Rocket ICO is an ecosystem where teams with their ideas, experts and investors can interact effectively and securely for creating projects and launching ICOs, encouraging funding in cryptocurrency.
Rocket ICO platform is built on Solidity DAO framework and will represent a decentralized web application (dApp).
Rocket ICO is an accelerator that solves many problems of entrepreneurs and investors. It will open new opportunities for mutually beneficial cooperation between all members of the community. This decentralized platform is built on Ethereum, using smart contracts guarantees adequate compensation for all participants of this system.
The main users of the system are:
- Teams
– entrepreneurs and their teams, who have projects and the desire to implement them, but do not have money and experience in conducting a successful ICO
- Experts
– specialists with successful ICO experience and relevant qualifications, confirmed by the Rocket ICO community
- Investors
– Rocket ICO members who have crypto currency, members who have investment experience and want to make money on projects that are conducted on Rocket ICO platform.
The major purpose is to create an expert network that will help the accelerator release commercially successful projects. Often, investments in ICOs are a black box for investors. This platform wants to take investment to a qualitatively new level, where an investor can interact with the start-up team at every stage of the project preparation, help it by investing at the earliest stages. This interaction mechanism will make the investment process more reasonable and solve the problem of trust.
For Investors
If any investor wants to get an access to Rocket ICO projects at an early stage, then he should register on the site and get an online wallet. After that, he can invest in projects and use all the features of the system. The platform does not allow all wishing investors to projects at an early stage. The functional of the system opens with the growth the investor’s reputation, which depends on the amount of investment in projects and authority within the community.
All active participants of the platform, including investors, will be able to communicate, share opinions, coordinate their actions within the platform. A special chat bot and a mobile application will be developed for investors. It will allow to receive information about the state of investments in time.
For Experts
In order to become an expert and use the full functionality of the platform, it is necessary to pass the rigorous verification process. The rating system is designed to assess a specialist within the community, depending on his activity on the platform and the number of successful projects in which he took part as an expert. The more the expert’s rating – the more he can earn on the platform.
The process of preparing for ICOs is multi-stage. Therefore, a convenient functional will be implemented that will help experts effectively interact at each stage of preparation.
Among such stages:
- Whitepaper
- Website
- Marketing materials
- MVP
Each expert can earn money and benefit from joining the Platform in two ways:
- Receive RocketCoin tokens as a reward according to their contribution to a project assessed by the project team and other experts;
- Claim a share of a project, become an adviser or a member of a project team.
All agreements are managed by Ethereum smart contracts.
RocketCoin Token
RocketCoin (ROCK) is an ERC20 based token. The total amount of RocketCoin will be 25 million.
Investors and experts who support ICO projects that have passed the accelerator program of Rocket ICO will get RocketCoin tokens. Active users of the platform and RocketCoin holders will get a total of 4% of tokens for every project successfully funded on the platform.
Rocket ICO is currently in the presale stage, during which a limited portion of tokens can be purchased with a 50% bonus. The main ICO is scheduled for October 10.
Disclaimer: This is a sponsored press release and does not necessarily reflect the opinions of any Merkle employees. This is not investment or trading advice; always do your own independent research.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.