Challenges

Fraud & Compliance Issues

TEZOS accused of selling unregistered securities, committing securities fraud, false advertising and unfair competition (“by making material misrepresentations and omissions”).

40 M extra tokens issued by founders of Envion without the knowledge of the company’s board

27 M EUR stolen through weak Multi.Sig Wallet of Edgeless Casino, Æternity & Swarm City

Cyber crimes

50 M EUR Decentralation Autonomous Organization (DAO) Hack

72 M $ stolen through Bitfinex’s multi- signature wallets hack

Scamming

Facebook, Google & Co. Stop crypto ads and articles

Market Maturity

Waiting Crypto Investors

FIAT Crypto Bridging

Raising Costs for ICOs

More regulations to adhere to ICO Saturation

  • Introducing a bank as the expert organization collecting money, managing accounts as well as cold multi-sig wallets and providing exchange between crypto and Fiat currencies.
  • Best of class KYC and AML compliance service providers seamlessly integrated.
  • Robust and audited processes and 3rd party integration.
  • Guided public and private sales workflow for best purchaser experience.
  • Security token ready.

Supported ICO processes

tokengate support you before, during and after the ICO process.

Pre-ICO

  • ICO Rating Listing

Private Sale

  • Invitation
  • KYC Light
  • Video KYC
  • SAFT
  • Payment Instructions

Public Sale & TGE

  • User Registration
  • KYC Light
  • Video KYC
  • Whitelisting
  • Crypto & FIAT Deposit
  • Token Allocation
  • Token Sales

Post-ICO

  • Reporting
  • Compliance
  • Exchange Onboarding
  • Document Management
  • Token Management

What is tokengate solving

Main Risks

  • Loosing fund as not having waterproof processes while dealing with a huge amount of money.
  • Missed opportunity collecting Fiat funds due to not addressing purchasers not ready to bridge into cryptocurrencies.
  • Not being fully compliant (KYC/AML) and being investigated at a later stage by the market supervisory authority.
  • Weak and costly interfaces and end-points to third parties as they are built for one time use only.
  • Long selection process and engagement of weak service providers (KYC/AML etc).
  • Too long learning curve understanding, what are the latest rulings and required reporting.
  • Weak purchaser experience (UI & security features) and not attracting enough money.

Main Mitigations

  • Collecting Fiat money additionally to cryptocurrencies.
  • Introducing bank as the expert organization collecting money, managing accounts as well as wallets and exchanging between crypto and Fiat currencies.
  • Best of class KYC and AML compliance service providers seamlessly integrated.
  • Robust and audited processes and 3rd party integration.
  • Security token ready.
  • Guided public and private sales workflow for best purchaser experience.

White label Base Platform Components

For best customer experience and fully Swiss market authority (FINMA) compliant

Team Dashboard

  • Smart analyses of raised funds
  • Dialog to the purchaser community
  • Managing the sales stages

Purchaser Dashboard

  • Guided and transparent purchaser process
  • Smooth KYC (Video Ident.) and AML checks

Token Sales Widget

  • White labelled integration into the ICO web site

FINMA compliant operation

  • Secure operation in Swiss data center