SignalX “self-service crypto asset lock-up” utility builds
ICOs are flawed… Lack of project transparency and accountability has damaged the credibility of the whole sector.
Which projects can I trust?
How do I establish Trust?
ICO vs TTO
World’s first crypto investor stop loss!
How does SignalX work?
SignalX is an ICO crypto-asset custody utility that releases investor funds to projects when milestones are verifiably achieved.
Pre-ICO projects create a TTO smart contract on SignalX.io with all T&C’s for fund gating, project performance claims will be validated by independent assurers at contracted milestones to approve release of assets.
The TTO smart contract includes, KYC/AML of all parties, treasury management for funds raised, founder token vesting and a milestone assurance regime.
After the ICO token generation event projects ICO crypto assets are locked in SignalX TTO custody contract wallets until milestone KPIs are independently verified by nominated assurers.
Projects can allocate ICO funds to EOS or a USD stable token in the SignalX TTO custody contracts.
Founder tokens are locked in SignalX TTO vesting contract wallet until the smart contract release conditions are met.
SignalX TTO Protocol
Projects formally engage independent assurers to verify their performance against contracted milestone KPIs at each funding gate. Assurers access & vote on projects conformance with contracted milestone conditions for release of funds to projects.
In the event projects do not meet the funding conditions the assurer ‘no-vote’ triggers the TTO investor stop-loss.
If assurer consensus is not achieved, the TTO contract initiates a ‘make-good’ countdown window to allow projects to rectify non-conforming issues. SignalX also features a binding mediation process to resolve disputes between projects and assurers.
If the resolution window closes without a change to the assurer vote, the TTO contract returns the remaining unspent custody funds to all primary & secondary project token holders, thus protecting investors from irrecoverable funds.
Signal the market that you’re accountable for performance
Attract investment through trust
Projects may trade at a higher value due to transparency
Establishing a value floor equal to unspent funds
Improve treasury management
Rigour and accountability breeds success
Project transparency allows assessment of investment risk
Transparency may increase liquidity
Establishing a perceived value floor equals to funds held
Align incentives for projects to perform for your benefit
All project token holders receive unspent funds as a ‘Stop-Loss’ if a project fails
Rigour and accountability position a start-up business for success
Make ICO process consistent and repeatable to restore market confidence
Drive best-practice for investor funds and vesting founder tokens
Apply traditional investor protection principles to the ICO funding model
Institutionalise the sector collaboratively
Key things about the SignalX Ecosystem;
Independent Strategic Advisors sit on the SignalX Board and oversee and guide the ecosystem;
SignalX operates the core TTO Utility service and are responsible for protocol & ecosystem development;
The SignalX Trustees lock projects funds and tokens between gates;
Assurers are formally contracted by the projects to sign-off milestone gates.