Blockbroker – Avoid ICO Scams

Blockbroker Review

Since the introduction of cryptocurrencies, many development teams have moved away from traditional fundraising methods and started their own ICOs – initial coin offerings. At the same time, a significant minority of scam artists have discovered that creating an ICO was an easy way to cheat investors out of their money. These fraudulent ICOs are the main reason that companies like Google, Facebook, Twitter, and Reddit have all banned the advertisement of ICOs on their platforms. Needless to say, this has also raised some suspicion among investors, and many are now apprehensive. Blockbroker is an ICO that is attempting to remedy this issue.

What is Blockbroker?

In short, Blockbroker is an online platform where investors can browse some of the most exciting ICOs out there. Rather than having to spend huge amounts of time on thoroughly researching each individual ICO themselves, investors can now rely on the Blockbroker team to handpick the best and most trustworthy ICOs. The team behind Blockbroker has conducted research on the number of scams in the world of ICOs, and the findings showed that a staggering 10% of all ICOs turn out to be fraudulent. By using blockchain technology to create a decentralized system, Blockbroker aims to create a safe place for investors to invest in ICOs without having to worry about scams. Blockbroker will be using their own native tokens to trade with, and Ethereum’s smart contract technology. There will also be an escrow system in place to store financing and insure transactions.

How does it work?

As a user, you can sign up to Blockbroker’s platform and will be presented with a comprehensive list of exciting new ICOs. You will be able to view the different prices for each ICO as well. You can choose the ones that look interesting to you, and then select the amount you would like to invest in them. One you have invested, the ICO developers will receive your contribution in the native BKBK token. These BKBK tokens are then placed in the escrow system until the ICO comes to an end. If the ICO reaches its target and is successful, then the BKBK tokens will be converted to the ICO tokens and then returned to the investor.

What are the benefits?

Safety is at the forefront when it comes to this ICO, and for seasoned investors, this will be great news. Not only will Blockbroker make investing in ICOs safer, but it will also save the investors a lot of time and effort on the research involved with vetting ICOs for their trustworthiness. In addition to the ICOs being vetted by professionals, the escrow system will also eliminate any further risks. From the point of developers, the platform will help ICOs with their marketing efforts as they will gain more exposure via Blockbroker. Finally, Blockbroker will offer a 5% token bonus for any referrals to their platform.

Token details

Token Symbol: BKBK

Token Sale Starts: May 11th, 2018

Token Sale Ends: July 20, 2018

Token Price: $0.06 USD

Total Supply: 750,000,000 BKBK

Token Standard: ERC20

Soft Cap: $300000.00

Hard Cap: $5000000.00

Learn more

Visit the website HERE

Read the white paper HERE


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