Eidoo: ICO Engine Service spin-off

Amelia Tomasicchio
Eidoo
Published in
3 min readDec 6, 2017
ICO Engine Logo Powered by Eidoo

Thanks to the success that our ICO Engine service is obtaining, Eidoo is proud to announce the creation of a new website, where users can follow all ICOs that have been integrated with our service.

This is a chance for both EDO holders that will be able to know how we are earning funds, and for new startups to see how our ICO Engine works and get in touch with us.

The website will be completed in a few weeks, but you can see a preview below.

Please note: ICOs used in the picture below are not linked to Eidoo. They have just been used as an example.

Eidoo-powered ICO Engine Website preview

Eidoo has managed 1% of all Ethereum transactions

After organizing our EDO token sale through this mobile ICO Engine on the Eidoo app, we launched the first ICO, ETHLend, on November 25th.

During this day, Eidoo managed 1% of all Ethereum transactions. This is a massive result, and we are very excited to have achieved this goal.

We cannot reveal more data about these transactions due to privacy reasons.

However, in a few hours, the ETHLend ICO raised the 80% of the hard cap and, it has been successfully-funded — they raised 36,861 ETH — in less than 5 days, on November 30th.

Upcoming ICO: Ubiatar

As you can see from the ICO Engine website homepage, we are going to add more ICOs to our service.

This new one is called Ubiatar, a project that offers a new solution to the ancient dream of mankind: having the power of ubiquity, or instant transfer to any place.

To use Ubiatar, a local individual (the Avatar) just need to have his smartphone; everything that is seen and heard by the Avatar is sent over the network to the person at home (Usar) that in turn directs the Avatar so that he/she can act as his/her remote body.

More info coming soon…

KYC — Know Your Customer

Right know we don’t have a KYC implementation but, as we did with ETHLend, we can integrate a third-party KYC created by external startups.

But, in the near future, we will personally develop a KYC support for all ICOs that need to collect info about their users.

On the newest ICO Engine website, you will be able to create an account and share your favorite ICOs, as we are designing it as a social network focused on the ICO world.

Of course, you will be able to join these ICOs and token sales from the Eidoo app you can use on both Android and iOS.

Please note: as we promised and explained you in the Business Paper, we are going to burn 50% of EDO tokens we earned from this service. Read more here.

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