Frankfurt & New York, December 11, 2017: Iconiq Lab, a global ICO- and Token Sale Accelerator program, hasÂ announced the addition of LDJ Capital Chairman David Drake to its Advisory Board. David and his teams atÂ LDJ Capital and The Soho Loft Media Group will provide counsel on critical issues including token investorÂ relations and international business development.
David Drake is a well-known entrepreneur, investor and speaker. Through his family office, LDJ Capital, and hisÂ partners, Davidâs investments currently have over fifty global directors that maintain relations with institutionsÂ and family offices with $1.5 trillion in assets. He has represented the US Commerce Department at theÂ Transatlantic Forum with the EU Commission in Brussels and Rome, as well as in the UK Parliament as aÂ speaker.
Davidâs seminal work in the Crowdfunding Industry has led to an invitation to the White House Champions ofÂ Change ceremony. He and The Soho Loft Media Group set up the first ever crowdfunding meeting with SEC andÂ FINRA shortly after President Barack Obama signed the JOBS (Jumpstart Our Business Startups) Act into law.
Alongside other pioneers, he created the CfPA or Crowdfunding Professional Association, which later gave birthÂ to the CFIRA or Crowdfunding Intermediary Regulatory Advocates. These two national associations haveÂ worked with the SEC and FINRA on a weekly basis for the past five years.
âDavid and his team have a proven track record in the traditional and crypto investment ecosystemsâ, says IconiqÂ Lab CEO, Patrick Lowry. âIt is incredibly exciting to welcome them to the Iconiq Lab team. We look forward toÂ learning from Davidâs unique insights into the crypto economy, and leverage his experience and network inÂ developing and scaling our accelerator program to the benefit of our own token holders and startup applicants.â
âIconiq Lab provides the solution to startupsâ dilemma between raising funds and business development. TheyÂ take on the hassle of launching a token for a firm so the team can focus on whatâs truly important: their ownÂ growth. Theyâre launching their own token to award initial capital to the most innovative projects entering intoÂ ICO, while also empowering their own community to fund any venture. This is a growth necessity of theÂ infrastructure of the whole ecosystem of cryptocurrencies and definitely a must-watch companyâ, says DavidÂ Drake, Chairman of LDJ Capital.
About Iconiq Lab Holding GmbH:
Iconiq Lab is a full-service platform for crypto-, blockchain- or tokenizable startups, providing seed funding andÂ ICO-related expense coverage to selected startups. Iconiq Lab and its partners provide expert services and digitalÂ learning modules on topics such as âhow to tokenizeâ, ICO legal and jurisdictional issues, best-practices inÂ marketing in the crypto economy, and connections to top crypto investors. This provides startups accepted to theÂ program the best opportunity to secure funding through their own token sale, and token market participants aÂ dealflow of expertly-screened and developed startups they can participate in the token sale of. The goal is toÂ provide the crypto economy investable real-world business solutions supported by token instruments to promote
the longterm sustainability of the crypto markets.
The innovative accelerator program drives adoption and growth of new tokenized business models, enablingÂ founders to secure funding to scale their ventures, and global investors to participate in the financing of the mostÂ promising crypto, blockchain or tokenizable startups.
Launched in the spring of 2017, Iconiq Lab has already built a team of experienced VCâs, investment managers,Â blockchain, crypto and venture marketing experts. The team has arranged strategic partnerships with key playersÂ in both the traditional venturing ecosystem and the crypto economy. Iconiq Lab has sourced and performed dueÂ diligence on over 100 startup applicants to date, and will formally launch the first batch of the accelerator programÂ in February 2018 with a targeted 5 startup participants.
Iconiq Labâs own club membership token, ICNQ, is planned to go on sale in Q1 2018 with full regulatoryÂ approval.