Are the IFAs here to stay? After producing so many titles in 2017, the future of token sales is still filled with uncertainty. That's why it will be exciting to listen to Melonport co-founder and CEO, Mona El Isa, and ICONOMI co-founder Tim Zagar at TechCrunch Disrupt Berlin talking about cryptocurrencies, chip sales, their own ICOs and their views on the evolution of this industry.
ICONOMI wants to facilitate investment in cryptocurrencies. The company has created a platform that allows you to invest in a portfolio of digital assets – they call it Digital Asset Array. And if you feel like a hedge fund manager, you can create a managed fund and attract investors.
The platform lets you select assets from dozens of cryptocurrencies, manage positions, and earn commissions from investors. The best thing is that you do not have to go through multiple exchanges to buy obscure cryptocurrencies. ICONOMI itself manages certain funds.
And the company completed its own initial offer of coins before the big wave of ICO. ICONOMI raised the equivalent of $ 10 million in 2016, which was quite significant at the time.
Zagar started working on blockchain technologies in 2013. It is therefore clear that he has already seen a lot of changes in the industry. He will have some interesting things to say about the current state of token sales.
Mona El Isa of Melonport also thinks that there is a lot of potential when it comes to applying hedge fund methods to cryptocurrencies.
As a former Vice President of Goldman Sachs, she got fed up with the hedge fund industry and co-founded Melonport. The company wants to help fund managers create and automate many of the pesky tasks of hedge funds. Thanks to intelligent contracts, Melonport can make commitments and everything remains verifiable.
Melonport is targeting big investors who want to try something new – it should be a lot easier to leave a good old investment bank and create a fund through the service. And of course, Melonport also raised funds through an initial offer of coins.
As you can see, Melonport and ICONOMI are somewhat related. They have different approaches to the same problem and both focus on cryptocurrencies as vehicles of investment. There is probably enough room for two winners if cryptocurrencies become as important as some people think. And they both went through symbolic sales. We are excited to see them share the same scene at Disrupt.
Get your Disrupt tickets now and save 30% on your tickets and see Mona El Isa and Tim Zagar – prices go up in a few days. You will also see the Startup Battlefield Contest, in which a handful of startups are pitching our judges with the hope of winning the coveted Disrupt Cup and a cash prize.
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