Your Ultimate Guide to how (NOT) to do an ICO

[TokenDesk]

More than a month ago I have briefly analyzed the new type of fundraising that is booming right now — the Initial Coin Offering (ICO).
At the time of writing, various projects had attracted more than $1 billion in funding this year. Today, this number has more than doubled — with 149 completed ICOs, more than $2.2 billion have been raised. And these are only expected to grow in the future.
Initial Coin Offerings have already raised more than $2.2 billion in 2017.

Your Ultimate Guide to how (NOT) to do an ICO:
Step 1. Hire a shady celebrity and pay her/him a hell of money to endorse your project. Hint: Paris Hilton, or Floyd Mayweather would work just fine.
Step 2. Don’t worry if your business doesn’t solve a problem. In fact, there might be no problem at all — good marketing & strong brand is all you need to raise millions in ICO.
Step 3. The team behind the project doesn’t matter (including their experience to execute projects successfully). A good idea will be more than enough.
Step 4. Don’t spend time thinking about the actual value of the tokens you issue. They can be used to buy your services, and your services only. In fact, the same can be done with fiat, but you need to raise money, right?
Bringing it all together
I am really proud — now you have all the tools to conduct a successful ICO. Get out there and make the cryptocommunity proud!
Disclaimer: the thoughts presented in the article should be taken with caution. Sometimes, you even have to read between the lines.

Read article at Medium : https://medium.com/tokendesk/our-advisor-linas-beliūnas-shares-his-toughts-on-icos-your-ultimate-guide-to-how-not-to-do-an-3ed1f50cf02b
Thank you for your interest in TokenDesk. Just to remind you - our pre-sale starts at 4th of OCT, -55% off token price just for 48h.
www.tokendesk.io

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[R.Hasan]

What is the soft cap and hard cap of the crowdsale?

Can you explain to me in one sentence exactly the problem you’re solving? And What are key features of TokenDesk platform that set it apart from other options?

[auliahr]

Interesting articles and I have long visited and viewed your site. Your project idea is very good and to handle many projects I think you will need a lot of people.
I will wait for your project. I've made an alert on October 4, to remind me of your ico.

[R.Hasan]

Interesting articles and I have long visited and viewed your site. Your project idea is very good and to handle many projects I think you will need a lot of people.
I will wait for your project. I've made an alert on October 4, to remind me of your ico.

Why are you so interested about TokenDesk?

[TokenDesk]

What is the soft cap and hard cap of the crowdsale?

Can you explain to me in one sentence exactly the problem you’re solving? And What are key features of TokenDesk platform that set it apart from other options?

Hello, countless websites’ appearance is alike advertising pages rather than qualified platforms’ to invest. Likewise, there is no tech solution to buy company’s Tokens directly. This brings us to the problem, that investing in ICOs is yet complicated process: investors need to absorb multitude information and delve deeply into details on diverse types of ICOs.
TokenDesk will be like Kickstarter:
Our platform provides the solution to purchase tokens in 7 second - directly from our platform, without need to open different kind of Token wallets or exchanging your Fiat or Altcoins to ETH or other supporting cryptocurrency.

Also it offers an effective ICO search system, easily understandable categorization, profound information on the distribution of tokens, an executive team, and website analyses to help investors find the best ICOs that are fit for their needs.

Join us on Telegram for more discussions:
https://t.me/joinchat/GT13fAxekPgw2g8ZNUznvg

[orbitlense]

I would contest your tips just a certain time ago, but while exploring the issue more and more, I'm getting convinced, that these 4 points make sense..

[TokenDesk]

I would contest your tips just a certain time ago, but while exploring the issue more and more, I'm getting convinced, that these 4 points make sense..

Hello, what makes You convinced? Join us on Telegram: https://t.me/joinchat/GT13fAxekPgw2g8ZNUznvg

And all Your doubts will disappear

[APLA-support]

Good topic

[TokenDesk]

Interesting articles and I have long visited and viewed your site. Your project idea is very good and to handle many projects I think you will need a lot of people.
I will wait for your project. I've made an alert on October 4, to remind me of your ico.

Why are you so interested about TokenDesk?

TokenDesk will be the biggest direct marketplace for all ICOs that are published. The possibility to buy tokens directly via one marketplace will not only attract investors, but publishers as well. We have set the goal of publishing more than 150 ICOs in 2017-2018 and of reaching up to $288 mln in funding.

So maybe there are reasons to be interested in

Join us too to Telegram for more  discussions : https://t.me/joinchat/GT13fAxekPgw2g8ZNUznvg

[Ginkgophyta]

Stay away from this ICO!!

No smart contract, No github, Team with a fraudulent / scammy past, Dodgy company registered in the uk, uk company director is not in the white paper, no tokendesk team member in the uk company.....

@Tokendesk In many of your threads you keep mentioning:

Dear Bitcointalk community,

For all inquiries, contact us directly:
CEO: gintaras.tamosiunas@tokendesk.io

Gintaras Tamosiunas is the CEO of what company? He is not a director of Token desk LTD.
Gintaras Tamosiunas is only the CEO of a whitepaper!!

New article by one of the leading media of Lithuania:
https://www.15min.lt/m/id/verslas/finansai/kriptovaliutos-pionierius-tokendesk-veidas-milijona-svaru-isviliojusio-sukciu-tinklo-dalis-662-871850

English Translation: https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.co.uk&sl=auto&sp=nmt4&tl=en&u=https://www.15min.lt/m/id/verslas/finansai/kriptovaliutos-pionierius-tokendesk-veidas-milijona-svaru-isviliojusio-sukciu-tinklo-dalis-662-871850&usg=ALkJrhivUt4yj20bLDInvXkTRk31YjCGYw

Charity scammer:
You have Tomas Mickauskas, a charity scammer in your team.

The Air Ambulance Support Community Interest Company, St Anthony Trading Co (formerly Air Ambulance Service Trading Co Ltd), and St Anthony Repatriation (formerly Air Ambulance Service), were closed on 2 November after targeting residents in the South Midlands in ‘charity bag’ collections claiming to raise funds for local air ambulances. Over £1m was extorted in the scam.

Anthony Joseph Durkin, who was director of both St Anthony companies, and Tomas Mickauskas, a former director of Air Ambulance who worked as a leaflet distributor for the two St Anthony companies, were named by the Insolvency Service for investigation.

Source: https://www.civilsociety.co.uk/news/high-court-closes-three-companies-involved-in-air-ambulance-collections-scam.html

http://www.charitytimes.com/ct/charity_scam_companies_closed_down.php

Company house source:
https://beta.companieshouse.gov.uk/company/07308919
https://beta.companieshouse.gov.uk/company/07308919/officers

Another crook in your team:?
A blog from 2011 talks about Povilas Ruzgaila, a team member of Tokendesk.

Penalties for the crooks suggested in Finland
Scand jobs (Povilas Rozgailas and Arturas Maculevičius) and Vidmantas Laukaitis are scammers

Source: http://suomiusukciai.blogspot.com/2010/08/scand-jobs-povilas-ruzgaila-ir-arturas.html

Translation: https://translate.google.com/translate?hl=en&sl=lt&tl=en&u=http%3A%2F%2Fsuomiusukciai.blogspot.com%2F2010%2F08%2Fscand-jobs-povilas-ruzgaila-ir-arturas.html

The TokenDesk website says:

Investors are protected by an anti-scam rating system

Does that apply to your team?

Why did you ask an investor to transfer money to a spices company? That sounds like fraud. (see new article at the start of this post)

Why is the new Director of Tokendesk LTD, Stuart Poppleton, a 77 years old, director/former director of over 300 companies in the UK. Who is this guy? Tokendesk Messiah?
It looks like the same Stuart Poppleton from this thread:
https://bitcointalk.org/index.php?topic=216717.0

If you google and search for Stuart Poppleton (company house etc...), you will see that he usually becomes a director before a company shuts down. That's what we call a director for hire.

http://www.printmonthly.co.uk/News/Business/5342/rogue-trading-of-pandemic

Former clients of John’s companies including Houseprint, along with more than 800 shell companies listed in Companies House as having John (or his alias Poppleton) as a director, have come forward with information to ICSM Credit and the Official Receiver.

Source: https://beta.companieshouse.gov.uk/officers/lrUZPitEQMdiU0oB1Nlt76IxQeE/appointments
This looks very strange........

Did you hire a random director to avoid any liability before you close shop?

Not a single person mentioned in the TD whitepaper is a director of the UK company. Can you please explain?
You also don't have a bank account but instead used 3rd parties such as paysera and revolut to accept fiat transfers. Those accounts are now frozen / shut down.

Please stop this Joke ICO. Refund investors. Change career. Go home if you still have one or else go to the nearest shelter.

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Links to report this potential scam:
USA - SEC:

Either by phone:
Contact the SEC
Submit a question to the SEC or call the SEC’s toll-free investor assistance line at (800) 732-0330 (dial 1-202-551-6551 if calling from outside of the United States).

Or online:
https://www.sec.gov/whistleblower/submit-a-tip?lipi=urn%3Ali%3Apage%3Ad_flagship3_messaging%3BPhiDbjNARgWFB1fleqAlkg%3D%3D

Click on the above link > Submit a tip button > accept

UK - FCA:
FCA online form https://www.fca.org.uk/consumers/report-scam-unauthorised-firm

UK - Action fraud
http://www.actionfraud.police.uk/contact-us?lipi=urn%3Ali%3Apage%3Ad_flagship3_messaging%3BPhiDbjNARgWFB1fleqAlkg%3D%3D