ICOs Continue To Gain Momentum Along With The Growing Enthusiasm Among Investors

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OZEX

3 min readJun 8, 2018

Initial Coin Offerings (ICOs), the popular decentralized fundraising method, have been through a rocky phase over the past one year with several, government and regulatory bodies cracking-the-whip on its operations. This is particularly due to a lot of fraudulent ICOs schemes which have tainted the image of overall crypto markets.

Even after this investors seem to remain undeterred and confident while investing in ICOs. According to the latest report from CoinSchedule, an ICO tracking website, investments in ICOs have in fact shot up as the overall ICO-industry has managed to raise a whopping $9.6 billion since the beginning of 2018.

But OZEX is one such platform that is working towards streamlining the ICO industry by helping investors to pick good quality and verified ICOs. OZEX aims at establishing a healthy environment and credibility in the ICO market while encouraging more investors and participations.

The OZEX platform is run by a team of experts and professional having a profound understanding regarding the overall operations of the cryptocurrency and the ICO market. OZEX helps investors in picking up ICOs of businesses with a clear insight and vision, and low associated risks. Thus the OZEX platform focuses on three major aspects of convenience, stability and profitability of the ICO investment.

Using Smart Contracts to AirDrop ICO tokens

The OZEX platform makes use of Smart Contracts to ensure a transparent distribution of ICO tokens and automatically airdrop tokens to customer’s OZEX wallets. This way OZEX ensures that customers make the most of the benefits of several good ICO schemes available in the market.

The OZEX tokens are developed using the ERC-20 protocol and thus the OZEX platform is completely compatible with the Ethereum platform. Owners of the OZEX tokens are automatically qualified to participate in ICOs which the OZEX team will evaluate and validate the ICO.

@OZEX ICO Token Distribution and Future Roadmap

The OZEX ICO will go live on June 20, 2018 and will continue for two months till the August 28, 2018. Th hardcap of the OZEX tokens is kept at 10.9 billion tokens and the minimum investment is fixed at 0.5 ETH. The price of each OZEX token is kept at 0.01 USD.

During its token sale period, OZEX will be airdropping ICO tokens in three different rounds. 24 hours prior to the beginning of each round, the OZEX team will finalize the OZEX/ETH Rate and the number of new tokens will be airdropped automatically.

Additionally, if an investor has 10 million OZEX tokens worth 10000 USD in their wallet, they are qualified for getting new ICO coins wroth 100 USD which the OZEX team will testify and validate. The official OZEX whitepaper also talks of the use of OZEX Management Fund “for continuous business viability, stability and reliable management of cooperation with partners.”

After the end of the sale period, the OZEX tokens will be listed on two different exchanges and the OZEX team is currently negotiating with several other exchanges across the globe. The team plans to release the Mainnet of the OZEX platform by September 2018 and also distribute the OZEX Personal wallets by October 2018. In next one year, OZEX plans to get associated with 30 new ICOs.