In the last year, we’ve seen the crypto market swing from one extreme to the other. A year ago, Initial Coin Offerings (ICOs) ushered in a new golden age of crowdfunding, facilitating borderless fundraising campaigns that succeeded in raising millions of dollars in a matter of seconds. But by mid-2018, things changed…
The market cooled. Investors became skeptical as fraudulent enterprises squandered the potential of the format, using ICOs to make a quick buck rather than to build innovative blockchain platforms. The crypto winter set in. Critics jeered, reveling in the challenges blockchain networks had yet to tackle, like scalability and true decentralization. In the heat of summer 2018, a cold, cold blockchain winter began.
But while the crypto mania faded from the headlines, blockchain forged onward, led by world-class developers and fearless visionaries. In the dead of the crypto winter, we’ve seen teams tackle seemingly impossible technical hurdles, working tirelessly to find solutions and make their dreams a reality.
But the frigid cold can be an unforgiving work environment. Even the best ideas fail if there isn’t a support system in place to help them grow. With a stagnant ICO market, it is imperative for blockchain startups to find ways to connect and foster relationships with venture capitalists, angel investors, and players at the heart of the industry.
But how? Industry veterans are notoriously skeptical of unproven newcomers and fruitless networking pursuits waste time that otherwise could be spent improving your platform.
There is a better way and ICOBox is here to help.
We are a global team of blockchain experts at the heart of the industry, helping shine light on the best and brightest startups and bring their ideas to market. We specialize in getting your brand in front of both savvy investors and the general public, ensuring you have the visibility to generate buzz and are in the best position to launch.
Now more than ever, it is critical for blockchain startups to form relationships with angel investors and venture capitalists. Luckily for you, we have already built these connections and are ready to introduce you and your startup to them. We’ll work with your team to refine your ideas, define your brand and make your big ideas a reality.
Don’t try to weather the crypto winter on your own. Reach out to our team today and we’ll shelter you from the storm!
About the Author: The author of this article is Nick Evdokimov, Founder and CEO of ICOBox