How To Successfully Create An ICO - SprintX/SwitchX For Startups
Hello my dear readers, today I would like to talk about a very exciting project!
I came across SprintX and really liked what I saw.
What is SprintX?
SprintX is an ICO Maker that integrates tokens on their Exchange automatically.
They are developing a platform, SprintX, where entrepreneurs can place their project, a token is generated and included on their future multifunctional exchange, SwitchX, with debit card access.
SwitchX is using Ethereum Blockchain Smart Contracts to transform your idea into a viable ICO and the company is managed from Zug, Switzerland.
Stages:
Development – SprintX provides a personalised and functional Smart Contract to run your ICO by using a Smart Contract generator platform. You don’t need to have any knowledge on how to program one, you can just create it with the SprintX tools and make sure your ERC20 token will be generated on the Ethereum blockchain. Additionally, you can choose to have SprintX manage your complete ICO including advisory services, marketing, launch, and promotion of your project. Yes, Just like that!
Integration – Your newly created Token is integrated automatically onto the SwitchX exchange and saves you time to look for such partners, while your token gets instant value and becomes tradable.
Conversion - After your Token is integrated, they can generate your wallet and create a virtual debit card. The virtual debit card allows payments to be made directly using the funds of the Exchange immediately. Traditional banking is avoided and your funds are secured. In the end, decentralisation means getting rid of the third party, right?
Let’s recap the advantages to start using this platform:
Your team can generate executable contracts, cutting the middleman, using blockchain technology and can choose to have the entire ICO managed by SprintX
Saves time trying to find an initial exchange, you have SwitchX instantly. The vision for this exchange is to bring the blockchain tech closer to the business needs, while relying on a safe and legal environment. They want to get a Banking License in Switzerland that allows the Exchange to offer additional services and prestige that other Crypto Exchanges do not offer
Get legal support with relation to fiat/crypto conversion, while using a debit card
During the whole process, the team at Sprint/SwitchX is offering tailored advice and documentation to make sure your brilliant idea is succeeding they actually will implement the Lean Startup methodology to make sure only good projects are chosen to become ICOs, making the ICO world a better place with better projects coming out
SwitchX exchange will have a low flat rate of transfer/purchase and sale - 0.25%. Also, this exchange will be adapted to airdrops and forks.
I read the whitepaper and I encourage you to do the same, as they explain it very well how the whole process works and how their methodology & tools are encouraging entrepreneurs to make a free usage of this platform.
Have a look on my video and let me know what do you think of this project!