ICO
Coinlist & Tokensoft
If we consider ICO platforms such as Coinlist or Tokensoft, there are some drawbacks to them. For example, on Coinlist:
There is a limited number of projects, exclusively fundamental infrastructure projects
There are a large number of users who want to buy tokens at early stages, but there is not enough allocation for everyone due to the rare projects
Sales occur on a first-come, first-served basis, and allocations are distributed from the beginning of the queue according with Karma
There is a problem with multi-accounting and abuse
The Karma system is complex and often unattainable for investors with small capital or lack of time
SEC control over the activities of platforms, which results in a lack of projects that do not have the capital to license their activities
The personal account functionality is poor
TokenSoft differs from Coinlist in that it allows non-custodial wallets to be connected to the Ethereum network, but it also has very limited functionality
Comparing Coinlist as our competitor is not correct in the context of implementing our platform. But if we try to compare, the functionality of our platform and the opportunities that open up for investors, users, and startups surpass Coinlist
There are significantly more projects attracting funds for development
There is an opportunity for a large number of users to buy and sell their assets on the platform
There are no queues for presales, and our unique mechanics allow us to avoid queuing
As a result, there is no need for multi-accounting and abuse
There is a rating system for accounts that does not form your participation in the queue but opens up many additional ecosystem opportunities
The application of unique mechanics allows us to bypass SEC regulation for financed projects
There is a detailed personal account with graphical representation, statistics, and a full description of assets
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