December 14, 2017News

Iconiq Lab Adds Crypto Titan to Its Advisory Board

  • FRANKFURT, Germany, Dec. 11, 2017-- Iconiq Lab, a global ICO- and Token Sale Accelerator program, has announced the addition of LDJ Capital Chairman David Drake to its Advisory Board. David and his teams at LDJ Capital and The Soho Loft Media Group will provide counsel on critical issues including token investor relations and international business development.

    David Drake is a well-known entrepreneur, investor and speaker. Through his family office, LDJ Capital, and his partners, David's investments currently have over 50 global directors that maintain relations with institutions and family offices with $1.5 trillion in assets. He has represented the US Commerce Department at the Transatlantic Forum with the EU Commission in Brussels and Rome, as well as in the UK Parliament as a speaker.

    David's seminal work in the Crowdfunding Industry has led to an invitation to the White House Champions of Change ceremony. He and The Soho Loft Media Group set up the first ever crowdfunding meeting with SEC and 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 birth to the CFIRA or Crowdfunding Intermediary Regulatory Advocates. These two national associations have worked with the SEC and FINRA on a weekly basis for the past five years.

    "David and his team have a proven track record in the traditional and crypto investment ecosystems," says Iconiq Lab CEO, Patrick Lowry. "It is incredibly exciting to welcome them to the Iconiq Lab team. We look forward to learning from David's unique insights into the crypto economy, and leverage his experience and network in developing and scaling our accelerator program to the benefit of our own token holders and startup applicants."

    "Iconiq Lab provides the solution to startups' dilemma between raising funds and business development. They take on the hassle of launching a token for a firm so the team can focus on what's truly important: their own growth. They're launching their own token to award initial capital to the most innovative projects entering into ICO, while also empowering their own community to fund any venture. This is a growth necessity of the infrastructure of the whole ecosystem of cryptocurrencies and definitely a must-watch company," says David 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 and ICO-related expense coverage to selected startups. Iconiq Lab and its partners provide expert services and digital learning modules on topics such as "
    how to tokenize", ICO legal and jurisdictional issues, best-practices in marketing in the crypto economy, and connections to top crypto investors. This provides startups accepted to the program the best opportunity to secure funding through their own token sale, and token market participants a dealflow of expertly-screened and developed startups they can participate in the token sale of. The goal is to provide the crypto economy investable real-world business solutions supported by token instruments to promote long-term sustainability of the crypto markets.

    The innovative accelerator program drives adoption and growth of new tokenized business models, enabling founders to secure funding to scale their ventures, and global investors to participate in the financing of the most promising crypto, blockchain or tokenizable startups.

    Launched in the spring of 2017, Iconiq Lab has already built a team of experienced VCs, investment managers, blockchain, crypto and venture marketing experts. The team has arranged strategic partnerships with key players in both the traditional venturing ecosystem and the crypto economy. Iconiq Lab has sourced and performed due diligence on over 100 startup applicants to date, and will formally launch the first batch of the accelerator program in February 2018 with a targeted five startup participants.

    Iconiq Lab's own club membership token, ICNQ, is planned to go on sale in Q1 2018 with full regulatory approval.

    Press contact:
    Patrick Lowry, CEO and Managing Partner - Iconiq Lab Email: moc.balqinoci%40tcatnoc