What is Iconiq Lab (ICNQ)
The Iconiq Lab acceleration process consists of: Sourcing and due diligence; Acceleration and ICO service package; Presales opportunities to Iconiq Lab Members; Program graduate public ICO launches; and Post-ICO financial and milestone reporting.
Startups can apply to the Iconiq Lab accelerator program through filling out an online form or by engaging the Iconiq Lab network and community. The form will be available on both the Iconiq Lab digital portal and in existing platforms such as F6S and AngelList. Digital marketing will be used to promote the program to potential applicants.
The Iconiq Lab Membership Token is issued as an ERC20 compliant smart contract on the public Ethereum blockchain. The tokens issued by the contract are a representation of the holder’s rights to participate in the Iconiq Lab ecosystem.
The ICNQ token is identified in an Iconiq Lab Member’s ERC20 digital wallet by the smart contract language each of the accelerator program graduates. The contracts identify which digital wallets hold what proportion of the outstanding ICNQ tokens.
Details
Pre-sales: Mar 31, 2018 – Apr 14, 2018
Public sales: Apr 15, 2018 – May 30, 2018
Pre-sale token supply: 75000000
Token supply: 3000000
Hard cap: 18,000,000 USD(fiat)
Raised: 8,856,000 USD
Legal
Registration country: Germany
Registration year: 2017
Office address: Haingasse 28, 60388 Frankfurt am Main, Germany
Bounty
Bounty: 5%
Token info
Ticker: ICNQ
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 1.230000 USD
Accepted currencies: ETH
Bonus program:
During the pre-sale 50% bonus
Token distribution:
15% – Public token sale
15% – Presales
40% – Institutional & U.S. accredited sale
5% – Bounty campaign
10% – Future use
15% – Team and advisors
Funds allocation:
50% – Participant Funding Expenses
20% – International Scaling
10% – Marketing & PR
10% – Legal, Finance and Tax
10% – Business Development
