The Man Behind ICO Services, Inc. Advocates for Transparency and Community Building - Global Coin Report
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The Man Behind ICO Services, Inc. Advocates for Transparency and Community Building

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An Interview from Sean Kirtz from San Juan, Puerto Rico.

ICO Services/Sean Kirtz on the Nasdaq HQ Building.

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.”

ICO Initiation.

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.

Pivoting.

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.

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Alpha Capital LLC and OncoGenerix announce a new US-based pharmaceutical factory with tokenized ownership (ONGX Tokens)

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Novel and generics pharma producer OncoGenerix and Alpha Capital LLC are launching a new injectable pharmaceutical factory in the US, both companies announced in a press release.  The new production facility will be similar to the one that OncoGenerix already operates in China, the company stated.  Alpha Capital LLC also said it is considering a Georgia Opportunity Zone as the location for the new plant. The output capacity of the new project is expected to reach 20 million vials of injectable oncology products and vaccines. OncoGenerix has recently completed a state-of-the-art pharmaceuticals factory in Mudanjiang Province, China. 

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The announcement follows an international capital raise that Alpha Capital, LLC initiated in May.  The offering is a first-of-its-kind digital investment opportunity, which includes tokenized ownership of a pharmaceutical facility. Alpha Capital, LLC said it is offering up to 500 million ONGX Tokens at US $0.12 per token and a US onshore offering of shares in Alpha Capital’s special purpose vehicle. The ONGX Tokens are built on the ERC20 blockchain protocol, serve as a SAFE (simple agreement for future equity), and will be exchangeable at the option of the investor for equity-token securities..

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Manufacturing Blockchain Market Leader SyncFab Announces Q2 Results

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SyncFab

OEM Parts Traceability Blockchain App and Supplier OEM Part RFQ Dashboard among top new solutions from SyncFab

Manufacturing blockchain company SyncFab has announced its key achievements in Q2 2020, which was marked by extraordinary disruptions of manufacturing supply chains around the globe due to the current pandemic.

Despite some of the most challenging times, throughout the 2nd quarter SyncFab continued its rollout of new feature releases and updates addressing rapidly unfolding new challenges faced by manufacturing.  In April, SyncFab announced its groundbreaking OEM Parts Traceability Blockchain Application.  The initiative was followed by the launch of a Supplier OEM Part RFQ Dashboard.

In May, SyncFab hosted the MOBI automotive blockchain consortium monthly innovation call. During this remotely held event , SyncFab CEO Jeremy Goodwin showcased the company’s use cases as primary focus areas for 2020. MOBI is a solution agnostic industry consortium with ongoing collaborative contributions with SyncFab and prospects for extended partnerships.

Additionally, SyncFab launched a New Supplier Dashboard during Q2, which provided Machine Shops streamlined access to OEM Part RFQs for Medical, Aerospace and Automotive requests addressing essential business needs during the COVID19 pandemic along with OEM supply chain diversification requests expected to follow.

“We are…

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Enhancing the DigitalBits Ecosystem through the XDB Foundation

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The DigitalBits ecosystem welcomed a new benefactor in the form of the XDB Foundation, a non-profit organization dedicated to providing support for DigitalBits. The main objectives of the XDB Foundation include the DigitalBits Ecosystem Support Program, supplying both financial and non-financial assistance to qualified entities and projects within the DigitalBits community, with a focus towards innovation and speeding ecosystem growth.

Michael Gord, MLG Blockchain and GDA Capital founder, has been appointed to the role of Managing Director of the XDB Foundation.  “I am excited to see the launch of the XDB Foundation and to be joining the DigitalBits ecosystem in this new capacity,” says Gord. “In the coming weeks, the XDB Foundation will share additional updates regarding its key initiatives.  Over the past 2 years, we have seen DigitalBits achieve various milestones and with this next chapter I’m excited to see the XDB Foundation contribute as the new project lead supporting education, research and development, and ecosystem growth and adoption.”

Michael Gord’s first initiatives within blockchain started with establishing the McGill Students’ Cryptocurrency Club, McGill Students’ Fintech Association, Bitcoin Canada and providing leadership on the global expansion of the Blockchain Education Network.  Notably, he is also a key contributor to the Kerala Blockchain Academy, one of the largest innovation hubs for blockchain technology worldwide. 

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