ACO Announces Their First Successful Use Case – Partnering with IDHub 

Selangor Darul Ehsan, Malaysia, June 4, 2018, Launching and investing in ICO’s has been a rocky road full of risks for all parties involved. All that is changed with the launch of the revolutionary ACO Platform. ACO, Accredited Coin Offering is a new framework for ICOs that reduces risk for both token issuers and investors through accreditation, ensuring successful fundraising. 

During a recent interview, a company spokesperson made these comments: “The Accredited Coin Offering Platform will be the first market-approved crypto fundraising platform available. Major institutional banking and insurance companies will be affiliated with the Accredited Coin Offering Platform.” He goes on to say: “The platform will provide an end-to-end process for creating ICOs on an easy to use the platform. ACOs will enjoy access to underwriting services while investors will be able to access projects approved by professional institutions.”

IDHub, a nonprofit foundation that is registered in Singapore, announced its partnership with the ACO Platform Foundation. As a member of the Enterprise Ethereum Alliance (EEA), IDHub is devoted to digital identity solutions equipped with three elements: sovereignty, security, and privacy. IDHub had completed its Pre-Sale and Initial Exchange Offering (IEO), and has been listed on two exchanges: GDEX and LBank.

Through this strategic partnership, ACO review and accredit the status of IDHub. Once IDHub meets the standards required, ACO will guarantee IDHub by insurance and facilitate the process of listing on other exchanges. IDHub is the first use case to go through the accreditation process of ACO. It is a tremendous milestone since ACO and IDHub are both foundations committed to leveraging blockchain technology in the social good sector.

The mission of IDHub is to dismantle the poverty trap and realize financial inclusion by providing an effective identity for unbankable or economically disadvantaged people. “I am particularly interested in the technical stack of ACO.” said Kenneth Chen, the CTO of IDHub. “IDHub and ACO have a shared vision. We both want to help unbankable people. The accreditation process could also protect the rights of IDHub investors. I am looking forward to the fruitful results of the partnership.” said Don Hsieh, the core developer of IDHub.

Start-ups are always on the lookout for good opportunities. The popular fundraising option of an ICO is declining due to scams and is considered as a high-risk fundraising mechanism. How do you create a safe and healthy environment for the crypto-fund industry? This is where ACO came in as an alternative to the current ICO. IDHub decided to partner up with the ACO Platform Foundation for the following points:

1. ACO’s Platform addresses the assurance of their potential investors investment. It is the first market regulated crypto-funding platform.
2. The affiliate members such as institutional banks and insurance companies as part of ACO ecosystem increase the confidence level of backers.
3. Blockchain Technology enables the ACO platform to simplify the business process via smart escrow contracts.

The ACO Pre-Sale is live and is exceeding all expectations. It has attracted both Private and Institutional Investors. Early adopters stand to make the best return on their investment due to the Pre-Sale Discounts. A complete discussion about the ACO Platform can be viewed in their Whitepaper here.

About ACO Platform Foundation: 

Founded in 2018, the ACO Foundation is dedicated to improving the health of the ICO ecosystem through the Accredited Coin Offering(ACO) Platform. The ACO platform is an end-to-end token sale platform with government backing that allows startups to create token sales in a regulation-friendly environment, and with institutional bank backing.

For complete in formation about this revolutionary Crypto Platform, visit: https://www.acoplatform.com/

Media Contact:

ACO Platform
Attn: Media Relations
8/8A, Bandar Damansara Perdana
Petaling Jaya
Selangor Darul Ehsan, Malaysia
+60 3-7731 4410
info@acoplatform.com