Pitch Investors ICO Review: Live Video Platform Connecting Ideas And Investors

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The world is awash with talent and ideas for revolutionary items or projects that might just be what the world so sorely lacks. A select few among those nascent ideas might be viable world-changers. If only those entrepreneurial minds could just pitch their idea, and make it be heard by the right people…

Enter Pitch Investors, a brand new ICO whose raison d’etre is precisely that, to build a platform where entrepreneurs can pitch ideas to willing investors, and develop something that could indeed change the world.

Pitch Investors: online meeting place for ideas and investors, built on the blockchain

Entrepreneurs, thinkers, and innovators the world over face the common barrier of being unable to express their ideas to someone who could do something about it, should the concept be logical, sound, and viable for further development.

The advent of TV programmes such as Dragon’s Den provide a small-scale stage for a few people to showcase their talent or product to a reduced and maybe slightly biased audience. Pitch Investor’s blockchain-based platform could potentially open that stage to millions of people, who could comment and provide insights into why an idea is good, or not so likely to succeed.

How it works

The core of this ICO’s proposition is the Pitch Investors Live app.

Entrepreneurs create short summaries (the pitch) of what they offer, using PITCH tokens to pay for the service. Users can then select which pitches they like and invite the entrepreneur to pitch live through the app, which other users can watch as an audience.

According to the whitepaper, the Pitch Investor’s platform connects entrepreneurs and investors by live video. The entrepreneurs pitch blockchain-based tokens, rather than equity in a company. The paper adds that audiences may participate in token sales in future iterations of the platform.

The current version of Pitch Investors can be accessed via an iOS app only. Web and
Android versions may be available soon, according to the whitepaper.

Pitch Investors in figures & quick facts

  • Token name – PITCH
  • Total amount of tokens issued – 1.6bn
  • Total amount of tokens available during sale event – 323,600
  • Token price – price is round-dependent, linked to the value of ETH at the time
  • ICO start date – round 1 now on
  • Hardcap – 31k ETH

Token sale details

See table below for more details about the token sale, which will be conducted across eight rounds.

The PITCH token

The Pitch Investors token (PITCH), which is based on the Ethereum ERC-20 Standard, is defined as the currency that Pitch Investors Live users use to access, participate and utilize the platform.

Once created, the tokens will be allocated as follows:

  • Token sale – 25%
  • Operations – 20%
  • Team, Legal, Bounties – 25%
  • Pitch rewards – 30%

The team

Learn more about the Pitch Investors team here.

Social media presence and digital footprint

Here are the SM numbers for Pitch Investors at the time of writing (mid-April 2018).

  • Twitter – 4,058 followers
  • Facebook – 6,149 followers
  • YouTube – 148 followers
  • Telegram – 4,993 followers
  • Instagram – 215 followers

Competition

Pitch Investor’s platform targets the entrepreneurial minds out there. It’s not a unique proposition (LiveTree Adept and SprintX among others offer similar platforms), but Pitch’s live video feature is unique and intriguing. This feature may enable Pitch Investors to stand out.

Additional information

See Pitch Investor’s review on ICOBench.

Consult the Pitch Investors Whitepaper for more information about the platform.

Conclusion

Ideas promote development, and development underpins a better society and, by extension, a better world. Pitch Investor’s platform provides the means for ideas to be heard, and perhaps developed if they do have the potential.

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