The Pitch Investors Live app is available on the iOS App Store at time of writing. It connects unaffiliated entrepreneurs or project teams who wish to sell blockchain tokens as a method of Capital Accumulation to prospective customers who are using the app. Potential customers can request the entrepreneur or team to pitch their product and explain the benefits, costs, risks, and other pertinent information via a live streaming video. Simultaneously, other app users can watch and participate via text. The app does not endorse or recommend any entrepreneurs or project teams. Its function is to provide an easier way for project teams to connect with potential investors.
An extension of this project will see major sections decentralized, and eventually it is intended to move all of the project onto decentralized systems such as Ethereum and IPFS. The reason for this is to ensure that anybody can present their project to the world and sell tokens for it, beyond the censorship of even our team.
The PITCH token sale will offer ERC-20 tokens, built on the Ethereum blockchain platform for sale to the public. A limited number of tokens will be created and a portion of those will be made available for sale. Tokens will be sold via the website at http:/tokens.pitch.ventures. Tokens will enable users to purchase services on the Pitch Investors Live platform and users will be able to exchange PITCH tokens for tokens that other project teams may present for sale on the Pitch Investors Live platform. At the time of the token sale, PITCH tokens will be consumable on the Pitch Investors Live platform by sending them to the platform at an address advertised on the Pitch Investors Live site. In addition, holders of tokens will be able to send them to users of the existing Pitch Investors Live platform, including project teams that present and, indeed, any address on the Ethereum platform.
The PITCH tokens are intended for use as payment on the Pitch Investors Live platform and any future versions of the platform that should arise. Another use includes exchanging them for tokens created by project teams that present on the platform. They are not intended as a speculative asset and users should not buy them with the assumption that they will increase in value. There should be no expectation of a profit from the purchase of these tokens.
Next 12 months
Attention. There is a risk that unverified members are not actually members of the team
SummaryIf you’re looking for an ICO that helps startups and entrepreneur get the exposure and funding they need, Pitch Ventures shows some good potential. Conclusively, if it follows up on its promises, we might see a huge shift in the crowdfunding economy.Positives Decentralization: Pitch is migrating to Ethereum’s blockchain (it currently ran on AWS). Eventually, the app will be stored on an IPFS (InterPlanetary File System) so that the data isn’t constrained to one entity. Contributor Rewards: People who contribute by analyzing token sales that have been pitched by entrepreneurs. The more respected and well-known the experts are, the more people they will draw to the platform. In-App Token Buying Mechanism: Startup and Entrepreneur token sellers can sell their tokens through a crowd sale contract. Interested investors can send their tokens to the contract address. Negatives Vague Smart Contract: How will its smart contracting system protect entrepreneurs from users who buy their tokens for the wrong intentions? Protection of Tokens: While PITCH tokens are protected, how will this platform protect entrepreneur’s crowdsale tokens?
Pitch is like a combination of Shark Tank and Kickstarter for blockchain projects. Entrepreneurs can use Pitch to “pitch” ideas to investors via a livestreaming video. All interactions take place via the app. Other users and investors can view your live pitch, then contribute to your token sale as you pitch.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.