Eidoo has today officially launched ICO Engine, offering companies and startups the opportunity to host ICOs safely and with ease via the Eidoo mobile app. Users of the Eidoo app (available on both Android and IOS) will find the ICO Engine tool conveniently located in the same environment as their Ethereum wallet and can effortlessly join a range of ICOs without having to leave the app.
The ICO Engine tool has already successfully hosted Eidoo’s own ICO last month which raised $27.9 million and ETHLend has been confirmed to be the first external company to utilize the service, with their ICO starting on November 25th.
In order to remove any risk of assets being lost due to computer hacking, program error or scams, Eidoo has also created a strong security system that ensures the safety of the ICOs. Users needn’t worry about repeats of the CoinDash ICO (where a hacker stole $7 million because the ethereum address used to solicit funds was altered to a fake one) simply because Eidoo will never show the address for an ICO publically.
From a startup point of view, joining the Eidoo ICO Engine leads to a higher visibility due to the broad popularity of the app. The features include a hybrid exchange, bitcoin wallet, Eidoo-branded debit card, and a raft of innovative add-on services in the pipeline.
“We’re delighted to be offering a much needed user-friendly solution in order to make ICOs both safer and more convenient for both startups and investors alike.”