ICO Race

THE ICO COMPETITION WITH THE HIGHEST PRIZE EVER

The best 20 ICOs will compete for 1 MILLION DOLLARS
and to be listed on ONE OF THE TOP THREE EXCHANGES IN THE WORLD

ICOs that are interested in participating in the ICO Race are invited to submit the required information by 3 June.

Those who send their application before 15 May can go straight to the final stage, those who send it after 15 May can still go through to the semifinals.

Each ICO will have a 10-minute pitch in front of a qualified panel of judges who will make their evaluation based on: Solution of the problem, Business and Token sale model, Token Sale terms, Team, Pitch.
ICOs will be ranked based on the evaluation given by the judges.

Prizes are intended as purchase of the company’s tokens at the private sale price.

ICO Engine is the first tool Powered by Eidoo that allows users to participate in ICOs through the Eidoo mobile app (available for both iOS and Android) with a user-friendly procedure, in a secure system and with a growing community.

The ICO Engine website brings together several great upcoming ICOs, allowing users to get to know them according to their features: from the project to the team, from the start date to what they intend to collect.

ICO Engine combines the Eidoo app with the expertise of Bitmax, an exchanger authorized to manage payments in fiat money and currently the leader in the ICO industry in Switzerland.

ICO Engine is, therefore, a sort of social network dedicated to ICOs which ensures, with its KYC procedure, high visibility thanks to over 500.000 Eidoo downloads on mobile devices worldwide and more than 20.000 KYC verified users.

PHASE 1

SCREENING

All ICOs will be evaluated by our internal team according to the following factors:

Solution of the problem
Like in traditional economy, the ICO teams should address specific problems with their product/service. On the basis of this we evaluate the market potential of the product, the consequential demand in the future and the scalability of the project. A clear explanation of the product maturity level and the Go To Market strategy compared to other competitors will be appreciated.

Business and Token sale model
The business model has to be clear. It is important to have a high quality and well developed white paper, including a detailed description of the technical aspects of the product and a defined roadmap with specific goals broken down by periods. It’s crucial for us to understand: why a new token and why is an on-chain solution necessary? Also, how could the price increase? For a new blockchain, the consensus mechanism has to be explained.

Token Sale terms
Token sale has to be fair in terms of percentage allocated to the crowd and hard cap. Other relevant factors of evaluation are the token releasing process, the pricing and the lock-ups for team and partners and the discounts applied to the ICO participants.

Team
We will take into consideration only teams with a valid track record in the crypto economy. We will do a very thorough analysis of the key elements of the team’s skills and their reputation in the industry.

The first 15 selected ICOs will go directly to the finals, a second group of ICOs will be invited to participate in the semifinals. If you register your ICO after the first deadline of 15 May, you will necessarily have to go through the semifinals first.

PHASE 2

SEMIFINALS

6 JUNE 2018

Semifinals will take place the day before the finals. We don’t like to miss opportunities, that’s why we’ll invite ICOs to a pre-selection day where 5 of them will be selected to go through to the finals.

– Pre-selected ICOs will be invited to pitch in Lugano
– The cost to participate is CHF 2.500 (to be paid in CHF, BTC or ETH). In case of admission to the final step the amount will be deducted from the ICO Race fee (see below)
– The opportunity to pitch an exclusive panel of judges
– The chance to win great prices: 5 of the pre-selected ICOs will participate in the ICO Race and compete for 1 milion Dollars, listing on 1 of top 3 exchanges in the world and other exclusive prizes (see section above)
– 20% Discount on Eidoo services (KYC + ICO Engine – a platform with more than 20.000 KYC verified users)

PHASE 3

ICO RACE

7 JUNE 2018

Pitch day where each ICO will have 10 minutes for their speech in front of a qualified panel of judges.

– Selected ICOs will be invited to pitch in Lugano
– The cost to participate is CHF 12.000 (paid in CHF or BTC or ETH) + CHF 8.000 in tokens at the ICO price
– Four complimentary tickets for the ICO Race
– Exhibition space
– The opportunity to pitch an exclusive panel of judges and an audience of 500+ professionals of the crypto industry
– Feature in the main Swiss ICO & Crypto newspaper: The Cryptonomist
– 20% Discount on Eidoo services (KYC + ICO Engine – a platform with more than 20.000 KYC verified users)