ISSUED CERTIFICATES

3,9

1ˢᵗ ICO PROJECT in progress!

05.06.2018

4,1

2ⁿᵈ ICO PROJECT in progress!

15.06.2018

4,2

3ʳᵈ ICO PROJECT in progress!

15.06.2018

FIRST ICO CERTIFICATION PLATFORM
PREON, the Institute for Crypto Community Legislation Development, Research and Certification, issues unbiased, credible and trustable evaluation of the individual ICO project.

Evaluation is presented in a form of two different unique certificates: CTC (Community Trust Certificate) and TBBGC (Token Buy Back Guarantee Certificate).

Certificates are issued in collaboration with academics and experts in different fields such as:

  • Risk bank management
  • Project development and industrial technologies
  • Technology evaluation
  • Block chain technology development
  • Crypto currency market and legislation development

A procedure of ICO evaluation and issuing both certificates is the same.
Every expert evaluates project with score from 1 to 5 for a project’s:

  • Legal and Domicile
  • ICO Team’s past experience and knowledge in the industry
  • Potential Regulatory Compliance
  • Suitability of the Industry and Products for an ICO
  • Reason for ICO financing vs. traditional funding
  • The project’s “Big idea”
  • Ability of the Issuer’s Technology to Reflect Changes in Capitalization
  • Project Funding and Security
  • Smart Contract Design and BlockChain Network Used
  • Token Specification
  • ICO Details
  • Third-party Products/Solutions used to support offering
  • ICO Communications
  • Company Website/ ICO Website
  • Funding Security

After the evaluation all 5 experts sign in to internal form and release their decision. An average value of all five evaluations make a final score, for example: 4 + 3 + 5 + 5 + 4 = sum score 21/5 members = average score 4,2.

The final score is presented in the form of stars (in this case * * * *) and clearly written final score (4,2) in each Certificate itself.

The purpose of certificates is to give clearer picture to potential investors. Therefore, investors will have opportunity to choose more credible projects and be more protected by expert evaluating program.

If Crypto Community Intelligence Council or CCIC Council™ finds individual project very interesting in meaning of changing future of community trust or represents a milestone in technology or crypto community foundation, then CCIC can issue Certificates also free of charge!

 

ISSUING CERTIFICATES - PREON INSTITUTE ISSUES 2 CERTIFICATES BY CCIC
Both certificates are evaluating the projects. First one (1. CTC) is more designed for projects, which are issued to have long-term impact on its token price but not have any own profitable services or products.

The second one (2. TBBGC) is designed for long term and predicable projects. It presents their long-term profit accumulation and shows more trustable background in industry. This one is more complex and will be issued for “real sector” projects only (because they have to make real profit to buy their tokens back from the investors).

 

COMMUNITY TRUST CERTIFICATE™ - CTC (GOLDEN or SILVER)
Therefore the PREON INSTITUTE by CCIC Council™ issues Community Trust Certificate™ in hard copy form, size A5 with PREON INSTITUTE original holographic confirmation stripe.

This Certificate can be ordered and delivered only to the founder of the project. The evaluation score is recommended for adaption period for 10 days, when founder or his members of team can adapt some minor mistakes which CCIC Council™ points at. After 10 days CCIC Council™ closes all decisions and locks the final score number, which can’t be changed any more. The results will be published on PREON INSTITUTE’s site (here). Founder of the project receives 1 hard copy of the Community Trust Certificate™ and approval for Community Trust Certificate™ badge to be placed where project’s founder wants it (media, blogs, web site, etc.).

 

The Meaning of the CTC CERTIFICATE’s scores from 1 to 5

ICO Grade 5: Strong fundamentals
Very high level of attractiveness
High probability of investment return, low sensitivity to market conditions

ICO Grade 4: Above-average fundamentals
High level of attractiveness
Medium-to-high probability of investment return, considerable sensitivity to market environment

ICO Grade 3: Average fundamentals
Satisfactory level of attractiveness
Considerable risk exposure, high sensitivity to market conditions.

ICO Grade 2: Below-average fundamentals
Low development potential, highly speculative project.

ICO Grade 1: Poor fundamentals
High default risk The project is not trustable.
There is no foundation for successful future development of the project.
High default risk in the short term.

ICO Grade Is Not:
A recommendation to buy sell or hold tokens graded.
A comment on the valuation or pricing of tokens.
An indication of the likely listing price of tokens.
A certificate of statutory compliance.
A forensic exercise that can detect fraud.
An audit of the issuer.

 

COMMUNITY TRUST CERTIFICATETM - SILVER
A short-term CTC-silver certificate acquires a project that wants to inform the public, potential investors and business partners that their idea is legitimate, realistic and carefully prepared. It lasts for two months – in the time of implementation of the ICO - or no later than one month after the end of the ICO.

If the contracting authority wishes to extend it, it can do so if it meets the required conditions. In this case, the certificate is ready for the transformation into the gold version.

 

Below: CTC-SILVER badge for ICO’s web site

 

Below: CTC-SILVER “hard copy”, size A5 - certificate for ICO’s founder archive

 

COMMUNITY TRUST CERTIFICATETM - GOLDEN

The CTC Gold Certificate includes everything that Silver offers. So the ICO project verification and certification, and in addition, a three-fold revision. This is done in the following periods:

  • One to three months after the end of the ICO: reviewing the execution of the procedures and the execution of promises and commitments made by the ICO in the White Paper.
  • Six months after the completion of the ICO: the processes with which the project took over the business form - the concept of the collective, the start of the processes, the stabilization of operations, the allocation of financial resources, etc., are checked.
  • Twelve months after the end of the ICO: in addition to verifying the processes from the previous point, the achievement of the promised objectives or results are also verified.

With the audits of the PREON INSTITUTE, the planning and implementation of the project is guided by the guidelines as presented in the White Paper. The public report informs investors, business partners and interested public about the real business of the company, or about the realization of the presented idea and the achievement of the promised goals.

The validity of the certificate lasts one year, with the possibility of extension.

 

Below: CTC-GOLDEN badge for ICO’s web site

 

Below: CTC-GOLDEN “hard copy”, size A5 - certificate for ICO’s founder archive

 

TOKEN BUY BACK GUARANTEE CERTIFICATE™ - TBBGC
Therefore the PREON INSTITUTE by CCIC Council™ issues Token Buy Back Guarantee Certificate™ in hard copy form, size A5 with PREON INSTITUTE original holographic confirmation stripe.

This TBBGC can be ordered and delivered only to the founder of the project, which is profitable, realistic in “real sector”, and in connection with the industry (means it can accumulate profit on its products or services, and will be obligated to return the part of its profit to the Investors, in the form of Token Buy Back obligation). The evaluation score is recommended for adaption period for 10 days, when founder or his members of the team can adapt some minor mistakes which CCIC Council™ points at. After 15 days CCIC Council™ closes all decisions and locks the final score number, which can’t be changed any more. The results will be published on PREON INSTITUTE’s site. Founder of the project receives 1 hard copy of the certificate and approval for Token Buy Back Guarantee Certificate™ badge to be placed where project’s founder wants it (media, blogs, web site, etc.).

The CCIC Council™ issues Token Buy Back Guarantee Certificate™ approval to ICO founders upon executed Smart Contract based on Block Chain Technology while ICO founders are obligated to:

Use Crypto Community Investors fundraised investment (in any fiat or crypto currency) by specific and detailed upfront reported business program (White Paper) with check points (Project’s Development Stages) in ICO project’s development phases seen by all project’s investors (combined with scheduled step by step take-done system);

Issue Token Buy Back Guarantee Certificate™ with obligation to Buy Back ICO Project’s Tokens (Put Option Scheme).

 

The Meaning of the TBBGC CERTIFICATE’S scores from 1 to 5

ICO Grade 5: Strong fundamentals
Very high level of attractiveness
High probability of investment return, low sensitivity to market conditions

ICO Grade 4: Above-average fundamentals
High level of attractiveness
Medium-to-high probability of investment return, considerable sensitivity to market environment

ICO Grade 3: Average fundamentals
Satisfactory level of attractiveness
Considerable risk exposure, high sensitivity to market conditions.

ICO Grade 2: Below-average fundamentals
Low level of attractiveness
Low development potential, highly speculative project.

ICO Grade 1: Poor fundamentals
High default risk
The project is not trustable. There is no foundation for successful future development of the project. High default risk in the short term.

ICO Grade Is Not:
A recommendation to buy sell or hold tokens graded.
A comment on the valuation or pricing of tokens.
An indication of the likely listing price of tokens.
A certificate of statutory compliance.
A forensic exercise that can detect fraud.
An audit of the issuer.

 

Below: TBBGC badge for ICO’s web site

 

Below: TBBGC “hard copy”, size A5 - certificate for ICO’s founder archive