Iagon ICO Analysis
Purpose - A Grand Vision
Iagon (www.iagon.com) is a decentralized platform that offers cloud computing and storage services through the utilization of transformative technologies, including Blockchain, Tangle (Directed Acyclic Graph), Artificial Intelligence (AI) and Machine Learning. By having a network that consists of multiple computers spread across a decentralized Blockchain grid, Iagon aims to disrupt the cloud service industry, which has to this point been dominated by monolithic corporations: Google, AWS (Amazon), Microsoft, and IBM. If adopted early, technology allows for startups like Iagon, when combined with relevant experience, to compete with already existing giants. Iagon’s roadmap, business plan, and technological white paper are well-detailed and portrays the appearance that the team is ready for the long-haul.
If Iagon’s vision is realized, this platform will be able to offer advanced services that are more secure and affordable than the competition in an efficient, decentralized manner.
Team - An Impressive Team
The team consists of experienced core developers, with the advisors and co-founders rivaling any Blockchain startup out there. Their leadership team includes Dr. Navjit Dhaliwal as Chief Executive Officer, Dr. Elad Harison as Chief Operations Officer, and Dr. Claudio Lima as Chief Technological Officer.
Together, these three individuals each put forth their own unique skills and experiences. Dr. Dhaliwal has extensive management and entrepreneurial experience. Dr. Harison is an expert in the field of AI and Machine Learning, as well as being an economist and industrial engineer. Lastly, Dr. Lima brings decades of executive experience at several prominent multinational corporations, including Huwaei Technologies (CTO) and Sprint Advanced Technology Labs (Senior Research Scientist).
ICO - An Amazing Opportunity
The goal of Iagon is certainly large in breadth, but the Iagon team really does have the capability to make this a reality. If you have read this far, I am going to share an insight that no one else has brought up on why investing in Iagon is potentially an amazing opportunity.
Firstly, American citizens along with most countries of the world are capable of investing in Iagon’s ICO. These days, there are very few ICO’s that American citizens are legally allowed to participate, but this is one of them.
These current bear market times have made it difficult for ICO’s to raise funds. Iagon has a hardcap of $77 million and a softcap of $30 million. These are undoubtedly large numbers. Their pre-sale through the Dragonchain (DRGN) platform is from April 2nd - April 30th, and there were some discounts for DRGN holders. There are ongoing discussions between Iagon and Dragonchain about reopening KYC to allow more pre-sale participants. Iagon’s main sale starts on May 10th and will last from 1-2 months. The total token supply is 1 billion tokens, with 70% going towards the community through the pre-sale and main sale rounds. The main sale token price is $.12.
Here is the important part: The tokens not sold will be redistributed to the already existing community token holders. This means that if an investor purchases 10,000 tokens, and if Iagon raised $33.5 million, the token holder will receive another 10,000 tokens at the end of the fundraising period. Importantly, if Iagon does not reach their softcap, early investors will have the choice to have their ETH refunded, but Iagon will continue to operate and seek outside funds. Hypothetically, if Iagon only manages to raise $15.4 million, then a token holder will receive 5x the tokens that they had originally purchased. This is really a hidden opportunity to become a large token holder with a small initial investment in what will be an up-and-coming Blockchain project.
Ultimately, this means that early investors can not only be early participants of a promising platform, but they also can profit significantly more once the bull market returns. This is one of the most honest and upfront teams that I have seen to date. As always, do your own research, starting with the links that I have provided. I just wanted to share my insight at a potentially great opportunity to learn more and be part of a revolutionary platform. Please feel free to share your thoughts and insights in the comments below.
From Iagon’s website (www.iagon.com):
“Imagine a world with a global computational grid, more powerful than a supercomputer.
Imagine a world where data is fully secure, and data breaches are no longer a threat.
Imagine a world where anyone can profit by joining a massive processing and storage platform.
Imagine a world that Artificial Intelligence becomes accessible to all and produces powerful insights.
Imagine a world.
Imagine Iagon.”