Astronaut: The King of ICOs, Raises Over $1.2m in Presale September 27, 2017 – Posted in: News

Astronaut, the highly anticipated ICO management platform, continues a successful presale raise with over US$1.2m in contributions as of Monday the 25th of September.

Astronaut is a platform which seeks to gain exposure to a specific selection of Initial Coin Offerings utilizing top-tier blockchain research analysts.

Earlier this year, Astronaut Capital merged with the leading ICO research firm Picolo Research.

“Effectively, we integrated a leading independent research firm with an asset management platform to take the ‘guess-work’ out of ICO investment. To date, over 15,000 subscribers already rely on Picolo recommendations every week. We seek to streamline that process even further,” says Matt Dibb, Founder and CEO of Astronaut.

Astronaut’s token, Astro (ASTRO) is an Ethereum-backed token that gives investors the ability to earn quarterly income bonuses and achieve capital gains. Orderbook.io, the leading provider of blockchain smart contracts, are facilitating the token sale of ASTRO. ASTRO will be the gateway to a managed portfolio of analyst-recommended ICOs and new market opportunities.

“Right now as I see it there’s a significant lack of due diligence in the ICO markets, and so the way capital is being allocated is incredibly inefficient. I wouldn’t be surprised if over half of the projects funded in 2017 never release a finished product. If companies like Astronaut can help make sure that the ecosystem is funding capable teams trying to solve real problems then everyone is better off.”, says Scott Moore, a key member of the Investment Committee, who has been an important player and research analyst in the blockchain space for a number of years.

Astronaut’s unique proposition was set up as a direct response to requests from subscribers to Picolo Research’s reports, and is set to raise standards of due diligence and audit in the cryptocurrency investment space.