Typically, every ICO project starts when the relevant authority evaluates a token’s proposed use case and looks at one or several of the proposed tokenomic models. Some of the primary factors that come into play include determining whether the token model points to security or a utility token as guided by the recently passed Malta’s VFA act or by checking the regulatory regime of the jurisdiction where the entity was registered. Also, the token behaviour as may be implemented on the specific ICO platform, vesting structures and any likely lock-ups are checked. Moreover, the token’s post-ICO burn rates or transferability limitations and their impact on target pricing and circulating supply will also be taken into account.
The proposed token model covers the following:
A strong tokenomic strategy is vital for the ICO’s long-term success as it directly impacts its value and price in the long-run. Having an ideal strategy protects the ICO from price collapses that had downed several ICOs and creates a basis where value can increase reliably with support from solid principles. You are required to have a tokenomic model that validates the requirement for the native token project and its integration into the DLT technology.
Your smart contract needs to be integrated with AML and KYC protocols, multi-tier models and automated white-listing on the ICO platform. When the smart contract is created and audited successfully, you can go for an independent audit or run a bug bounty program with a vast test base.
The platform has bounty program tracking capabilities and full affiliate allowing you to issue bounty payments or native tokens and mitigating a possibility of a token dump by the bounty hunters when you start trading.
An ideal platform needs to be integrated with the bank wire services as a sale functionality. This enables institutional investors, funds, VCs and UHMWs that may not hold any other cryptocurrency such as Ethereum but are will willing to participate in your ICO. You need to select the right ICO Bank.
After signing off the smart contract, it is then battle tested to determine the limits of its performance. At this point, the token sale is live on the ICO platform or can go live at a predetermined time.
Your priority should be the investment funds’ security. You should get a secure, multi-signature wallet that is compatible with ERC-20. The wallet has high-level security. You can also sign up to escrow services through licensed fiduciary agencies where the highest investor security levels are required on your ICO platform.
Raise capital for your venture by registering an ICO. Let us guide you through the entire process from assessing your tokenomic model, creating smart contracts, legal document requirements, marketing and tax planning.
Let us guide you through launching your STO and help you getting started with issuing security tokens backed by a real world assets. Digitize your business by using the blockchain to raise capital for your business.
A cryptocurrency exchange has the toughest requirements from the VFA services regulated in Malta. When holding clients money, VFA’s and cryptographic keys the regulation takes great care of protecting users. Let us guide you through the complete registration of registering your cryptocurrency exchange.
The VFA agent is central in conducting crypto and blockchain related business in Malta. The agent is the bridge between your business and the authorities. Our experience as VFA agent will guide you through the fit and proper tests, financial instruments tests and ensure your business remains compliant.
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