ICOBox nabs around $12.8m in its own ICO


Company ICO support provider ICOBox has raised around $12.8m in its ICO, to help with company’s token sales.

Through the ICO the company raised 3883BTC after a month on sale, with the bitcoin price being affected after the recent ICO ban by China.

The plan for the ICO is to use the funds to help token sales for up to 800 startups across the next 12 months. Before the end of the ICO, ICOBox launched Interproject Token Swap platform, which allows any token to be traded at face value of 0.04BTC.

ICOBox provides technical, legal and marketing services to startups which are looking to launch ICOs. The company’s technology solution offers smart contract management, book building and technology consultants. The legal solution offers reviews and recommendations on white papers, legal concepts, and its marketing solution offers social media advertising and consultation.

Support starts after the business fills out an application which summarises the product and token concepts.

ICOBox CEO Mike Raitsyn said, “ICOBox was launched with the idea that we will open up the process of ICO funding to a wider variety of entrepreneurs. It’s important to be able to combine the accountability of blockchain with the openness of ITS when it comes to choices that ICOS token owners are empowered to make.”

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