Why ZODIAQ has chosen Ethereum as an ICO platform?

A great number of projects nowadays abandon traditional venture financing and turn to ICO as a new method of fundraising. For example, in Q1-Q3 2017 the number of such startups exceeded 300, that’s more than one Token Sale per day. Given that, one of the main issues that ICO has to deal with is the choice of a platform for the initial coin offering.
At this stage there is a number of new platforms that offer such services — for instance, Waves, NEM, NXT / Ardor, Counterparty, BitShares, etc. However, Ethereum still remains the absolute leader — Ethereum is the first platform for creating decentralized online services on blockchain using smart-contracts. This platform has already been chosen by thousands of ICO-projects and ZODIAQ is no exception in that regard. The unique advantages of Ethereum are the possibility of using smart contracts, good documentary support, and the highest activity of community and developers. The leading developer of the ZODIAQ project Dmitry Khan comments on other advantages and platform choosing:

“Ethereum is a technology that has been created to work effectively with smart contracts and ICOs in the first place. It’s a common and familiar platform, and there are many professionals who can have a look at the smart contract, for example, evaluate it and understand its logic. This is an undeniable advantage. Surely, the platform has a number of issues, but all of them can be solved in one way or another.
We have also tested and considered other platforms, for example, Stellar. They are preparing a very promising solution now — the first ICO based on their platform (Stellar Lumen) with the support of smart contracts via Mobius Network was recently completed. As we think, in future it’s likely to become a high-quality alternative platform for attractive ICOs.
We tested a number of other platforms too, but at this stage, considering that our ICO will take place soon enough, we deem it advisable to use the Ethereum platform. It has technical and also organizational & legal advantages“.

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