An Interview from Sean Kirtz from San Juan, Puerto Rico.
Sean Kirtz is an intelligent man with an insatiable appetite for success, especially in the digital currency space via ICOs. The concept recently emerged as a tool for crowdfunding projects in the Cryptocurrency and Blockchain Industries. “ICOs have a huge upside potential,” says Kirtz, from his rented loft apartment on Ponce De Leon. “But the market will take a hit with regulations, before it bounces back and we begin to see massive growth.”
At Concha Renaissance San Juan Resort which hosted the 5th annual CoinAgenda Conference, Kirtz met with over two dozen ICOs and investors. With beautiful views of the ocean and an entire week dedicated for blockchain funds, companies and high net-worth individuals, market insights and opportunities abroad remain strong, observed Kirtz. “The demand for ICO Services will continue to rise even when regulations are in place.”
The 33-year-old native of Youngstown, Ohio began with cryptocurrency when his friend challenged him to do his own research on Google. “I was mad that he didn’t tell me everything,” on what to look for and where, says Kirtz. “There was not enough information in this space.”
In 2016, he started the Facebook group “Crypto Day Traders,” to close the education gap. From 200 to over 30,000 members in six months, Kirtz gained enough confidence to leverage his investor relationships with Clout Network the information hub for digital currency investing. “We launched a pre-ICO, and it was amazing until my partner backed out,” he says, on raising $2.5 Million for the Clout token which was worth $1.
Like many early crypto enthusiasts turned fund managers and consultants, Kirtz encountered legal issues. “The co-founder tried to blackmail me for funds, reporting the company was a scam.” Kirtz’s team shrunk to three employees (he started with twenty), with mainly legal staying on board.
Determined to save the team, Kirtz made a strategic partnership with a seperate company he founded called ICO Services Inc. As the consulting arm for CLOUT, Kirtz pulls ICO clients and uses 25% of the profits to airdrop to token holders, and another 25% to cover operational costs.
Kirtz manages 5–6 projects at a time, and is scheduled to raise $260 million between ICOs. With focus on creative smart contracts, community engagement and marketing, the activity will only increase predicts Kirtz.
ICO Services Inc offers various services to deliver clients greater transparency. Multiple escrow service providers including TMF ensure that both buyers and sellers of say, Bitcoin are protected. Multi-signature wallets ensure multiple parties are disclosed during the transaction ensuring additional layers of security. Account systems with the option of hiring employees for the portfolio companies ensure compliance.
Equally important are community building and branding. “Typically, our clients have 5–10,000 users in Telegram,” the encrypted app adored by cryptocurrency and blockchain enthusiasts and investors, says Kirtz. The numbers are greater on Facebook: 20–50,000 total users. From these groups, advisers are selected and placed in exclusive telegram groups that have members with over $1 Million of digital currency investments. The benefit of being in the group is that “we can raise for example, $30 Million in 20 minutes,” announces Kirtz.
Global trends and the future.
As more regulations are implemented in the United States, Kirtz anticipates that more companies will launch security tokens. “We will see more volume,” and competition in this space, he says reflecting on the 30–40 ICOs that are launching at any given time. “Check ICOSchedule or CoinSchedule,” he says.
Kirtz reflects on the underlying technology. “The Bitcoin blockchain is not scalable unless lighting network is efficient. If not, there will be other technology like hashgragh to replace the blockchain.” The technologies’ ability to create community and brand awareness will determine strength in the marketplace. “We create good websites and so does everyone else,” says Kirtz, half-jokingly reflecting on his true value proposition of smart contracts functionality that speaks to investors.
Keeping the Balance.
Kirtz lives in Boca Raton. ”I practice hot yoga,” to keep a balanced life, says Kirtz who doesn’t market his services. “People find me on LinkedIn, where I have a group of over 15,000,” says Kirtz, as he prepares a trip to Asia. “More people are becoming educated, and that is good. They demand greater transparency.”
Hear Kirtz speak at NASDAQ: Nasdaq Business Forum. Monday, March 26th. Topic: Transition from utility to security token to provide liquidity for equity.
Kirtz is looking to invest in companies with good value since more publicly traded companies will be interested in launching security tokens. Email for more info: info@ICOServicesinc.com.
BTC Surged Above $9.5K, will it Continue to Explode Towards $10K?
After declining as low as $8,600 on May 25, Bitcoin is currently gathering upward momentum and hit near $9,500, representing a 3.5% gain on 1 day. With the price breaking out once again, there is a confluence of signs suggesting BTC could rally past its monthly high of $10,000 in the near future.
However, Bitcoin has seen six lower highs in a row in the past 12 months, which indicates a bearish cycle spanning over a long period of time. If BTC fails to break above $10,000, it increases the probability of the resumption of a correction.
In addition, BTC may be showing a rough inverse head and shoulders pattern, which is regarded as a textbook bottom indicator. Therefore, if BTC failed to break $10,000 this time, it may drop to at least $6,800 to form the pattern.
As a result, we can predict that Bitcoin may soon perform a retracement after hitting the $10,000 and change its direction to the upside movement after retesting the support at around $6,800 – $7,100. So how can we profit from the upcoming huge price volatility? BTC futures trading…
Fear & Greed Index Suggests A Bull in the Bitcoin Market?
As indicated by Justin Kwo, an analyst director from Bexplus, Cryptocurrency trading is a game of nerves and it cannot withstand the emotional behavior. Traders keep on changing their minds with the sudden and strong market fluctuations. This behavior reflects their psychological instability and prevailing sentiment in a particular time zone. However, in the Bitcoin market, traders’ emotions will determine their trading behaviors, which, therefore, affects the future trend of Bitcoin.
So, what is Fear and Greed Index?
Alternative.me has the most well-known and respected Bitcoin fear and greed index.
- Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
- When Investors are getting too greedy, that means the market is due for a correction.
To make it precise:
- When the index drops below 20 it indicates extreme fear.
- When the index rises above 60, it indicates extreme greed.
The result of Fear and Greed Index is calculated from the following aspects:
Volatility: the program marks wider fluctuations as a sign of fear
Market volume: if buying volumes increase significantly, the greed levels rise, too
Social media: the client monitors, gathers and counts posts on various hashtags, to see how many interactions they receive…
Origin Protocol Launches Fundraiser to Help Find Vaccine for COVID-19
Origin Protocol is selling KN95 masks at cost and shipping them to anyone in the US within 3-5 days. This is just one of the ways Origin is turning its rewards campaign into a fundraiser to support the Coalition for Epidemic Preparedness Innovations (CEPI) — a foundation that is working to accelerate the development of vaccines against COVID-19. CEPI first launched in 2017 with initial funding from the governments of Germany, Japan, Norway and the Bill & Melinda Gates Foundation. To combat the COVID-19 outbreak, CEPI has been moving with great urgency in coordination with the World Health Organization (WHO), who is leading the development of a coordinated international response.
“At Origin, we admire the critical work that CEPI is doing for people during this outbreak, and are dedicated to support its mission in accelerating the development of vaccines against COVID-19. With successful development and equitable access of these vaccines, we can fight COVID-19 together,” said Max Unger, Head of Community at Origin Protocol.
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