IndieGoGo Cryptocurrency Initial Coin Offerings & Blockchain Investments
Indiegogo has teamed up with MicroVentures to launch its first ICO: the fan-controlled football league. The pioneer company for crowdfunding now aims to make ICO and blockchain investments accessible for all—both accredited and unaccredited investors.
The Cryptocurrency Bug
No doubt, cryptocurrency has made headlines in the recent past, and the popularity continues to rise. With Bitcoin’s double value in the last few weeks, more and more people continue to warm up to the idea of a ‘tokenized’ global economy. As the initiators of crowdfunding with a decade-long experience in the business, Indiegogo launched their central platform in 2008. The main objective was to generate great ideas.
Since then, the company has continued to create new ways for reliable supporters to be part of the journey. In 2016, they launched Equity Crowdfunding, which enabled any person to invest and essentially own a section of their favorite startups. Currently, the company is taking the next bold step to announce their first Initial Coin Offering (ICO). The ICO pre-sale is currently ongoing and ends in nine days.
Perhaps you have heard of many ICOs that have come up lately. In 2017 alone, businesses have sold cryptocurrency tokens worth more than 3.6 billion dollars. This is far more than the entire business capital generated in the same period. Sufficient enough to say, cryptocurrency token sales have proved to be innovative, which enables companies to offer greater utility and liquidity to investors than traditional investment mechanisms.
It’s Going To Be Reliable And Global
For several months, many companies have asked Indiegogo to release their token sales. They have seen Indiegogo help other entrepreneurs raise more than one billion dollars through its crowdfunding campaigns. In fact, since the launch of Equity Crowdfunding about a year ago, Indiegogo has helped 30 companies generate over $7.5M from more than 1100 investors worldwide. Besides, Indiegogo has conducted crowdfunding campaigns in more than 200 countries and territories across the world.
Here are three things that make Indiegogo tokens ideal:
The Platform Is All-Inclusive
Currently, services that sell tokens lean toward cryptocurrency fans and usually sell entirely to accredited investors. This action denies nearly 97% of Americans the chance to participate in the ICO craze. Indiegogo believes that inclusivity is essential to their platform. Therefore, it is committed to creating an all-inclusive platform in which everyone across the globe can invest regardless of whether he or she is accredited or not. Currently, Indiegogo website draws more than ten million visitors every month. The ICO targets this number and many more people around the world who would like to invest. In the end, more people would be able to invest, sellers would reach more investors, and the number of customers, fans, developers, and partners would grow.
The Platform Has Robust Compliance
Indiegogo seeks to maintain strict compliance with SEC. In fact, since the launch of Equity Crowdfunding, the company has been in partnership with MicroVentures, a FINRA-registered broker-dealer. During this time, the companies have ensured that all their equity crowdfunding offerings remain SEC-compliant.
According To The Information Published On Their Blog, Indiegogo Stated:
“We will similarly offer ICOs in an SEC-compliant way, which is crucial for both investors and sellers. Though the laws governing token sales are still evolving, many ICOs today are conducted outside of security laws. On Indiegogo, we want your investments and token presales to be fully compliant with current regulations to protect our sellers and investors.”
According to Indiegogo, MicroVentures will oversee the progress of token pre-sales in line with the current SEC regulations such as Reg CF, Reg D, Reg A+, and Reg S. In addition, the company will provide vital investor accreditation, know-your-consumer (KYC), anti-money-laundering (AML), and several other services. In fact, certain states such as Texas and Florida do not offer certain investments in the absence of a registered broker-dealer. Through its partnership with MicroVentures, Indiegogo will ensure that token sellers can access more investors in more states.
Indiegogo Offers Curated Selection
With sterling experience of nearly two decades and 1.5 billion dollars in crowdfunding, Indiegogo and MicroVentures seek to implement the best platform for token pre-sales. Investors can trust that they just don’t allow any token pre-sale on their platform. Similarly, companies can trust that their pre-sales will be in safe hands.
Discover Indiegogo’s First ICO: The Fan-Controlled Football League!
Indiegogo’s Fan-Controlled Football League will be the first democratized sports league in the US. The FCFL will allow the fans to decide every aspect of the league. They can call the team plays, decide who is on the field, choose team names, and even design uniforms. This will redefine the nature of US Football, with FCFL as verified alum of Indiegogo. Previously, they ran a successful drive on Indiegogo, which enabled them to buy a team in the Indoor Football League. This campaign led to the successful creation of the app that will enable fans to decide everything.
The FCFL token pre-sale ends in the next nine days, in which it targets 5 million dollars worth of tokens. In addition, the company is giving away 1.25 million dollars worth of tokens as a bonus to support early investors. In the first quarter of 2018, FCFL prepares to take their ICO to the next level, in which they will sell the tokens to the public without any bonus. You can learn more about the token FCFL token sale here.
In conclusion, Indiegogo believes that cryptocurrency and blockchain technologies will change nearly everything, just as the internet has done. However, for them, it just fulfills what they have been developing for the last ten years. It is a powerful way of helping people unite around matters and ideas of importance, and more importantly, to implement them. The company is set to be the leading platform for sellers and investors of digital tokens and blockchain-based assets. With global reach, expert compliance, and rigorous vetting, Indiegogo aims to introduce new investment opportunities on the blockchain.