AmaZix is a community management company that specializes in the blockchain and all things cryptocurrency. The company primarily offers professional initial coin offering (ICO) consultancy services
AmaZix is a Danish company, with an address listed in the town of Solrød Strand. Privately held and founded in 2017, the company does not list employee or team information on its website directly but has large amounts of information available through LinkedIn. This reveals the name of CEO and co-founder Jonas Karlberg as well as CFO and founding partner Paolo Anziano.
To his credit, Karlberg is a co-founder and pro-bono advisor for the Nordic Blockchain Association, has served as a business consultant and advisor for Danish retail store operator Kyst, and is a multiple franchise owner of several different types of retail establishments within the country as well.
The AmaZix Product
AmaZix offers a wide variety of community management services for companies wishing to launch an ICO of their specific cryptocurrency token. In many instances, this can mean turnkey operation of an ICO launch, complete with social media engagement strategies and tactics undertaken by AmaZix staff members.
However, not just anyone with an ICO idea and a dream is going to be a good fit for AmaZix. Anyone who is running or founding a project can partner with AmaZix, but prior to consideration by the company, a crypto company needs to ensure they have the following at the ready for AmaZix to review:
- The project’s white paper – written in English
- The project’s roadmap for the future
- Full information on the project’s development team, including background
- Contact information and background on the project’s advisory board
- Access to the project’s Github directory or other code repository, where applicable
AmaZix personnel are willing to sign non-disclosure agreements if necessary before sensitive information can be reviewed. Overall, the cost of these services is subject to both the amount of tokens issued by an ICO as well as the amount of funding raised in total by the crowdfunding event.
Additionally, in addition to or in lieu of partnership services, AmaZix also offers ICO assessment services. These services take the form of a highly detailed report that AmaZix conducts into the company requesting assessment, with the team, its whitepaper, its code, as well as the probability of the project’s success. Assessment reports are exhaustive, containing feedback and recommendations that a company can use to fine-tune their ICO to increase its chances of success.
Unlike the relative and fluctuating cost of partnering with AmaZix, companies that request this in-depth assessment report are asked to pay $7900 USD up front for the company’s services.
The AmaZix Opportunity
Opportunities presented by AmaZix are highly dependent on whether you are involved in either a fledgling crypto project or are progressing towards an all-important ICO for a more developed project. If neither of those things are true for you, then AmaZix is obviously not going to be able to help you in any way.
However, if you are involved in blockchain development, investigating AmaZix as a possible partner may provide better opportunities if your dev team does not have sufficient experience in promoting an ICO or if you feel a deep assessment report is needed to ensure your ICO’s success.
According to AmaZix’s website, it has partnered with more than 40 crypto companies in order to bring their ICO dreams to fruition. Also, an additional 6 crypto firms have enlisted the company’s in-depth assessment capabilities as well. This sends a clear message that this company has gotten off to a strong start since its inception in 2017 and is likely to keep growing steadily.
The only downside we see to AmaZix is that the company has a very limited scope when it comes to the cryptocurrency community. As a crypto dev promotion and marketing support firm, it’s specifically targeted at project owners and developers, which means that the average crypto enthusiast or investor has no direct need to become involved.
However, we can say this: if a new crypto project crosses your radar and it reveals that it’s being developed in partnership with AmaZix, it’s likely a good idea to keep an eye on it. While not even AmaZix can ensure that every one of its partner projects will be a winner, the odds are better for its involvement.