Iconiq Lab Closes A $1,000,000 Private Presale Of Its ICNQ Token

Frankfurt, February 19, 2018  Iconiq Lab, an Initial Coin Offering and Token Sale (“ICO”) Accelerator Program and FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR) portfolio company, has closed a private presale to institutional and private investors of its ICNQ Club Membership token in a presale led by Token-as-a-Service(“TaaS”), the first-ever tokenized closed-end fund dedicated to blockchain assets. Iconiq Lab will use the funds raised in the ICNQ presale to finance the first batch of startups for its accelerator program, which began on Feb. 18, and cover their ICO-related expenses as they complete the 12-week program and digital roadshow as they are propelled towards their own ICO.

Iconiq Lab’s ICNQ club membership token is the holder’s passport into the exclusive presales of the startups which graduate the accelerator program, with the associated bonuses and discounts. Only by holding ICNQ tokens in your own wallet can you invest BTC, ETH or another liquid crypto currency into the presales of the startups which graduate the Iconiq Lab accelerator, a unique first-mover advantage!

Iconiq Lab received 165 applications for the first batch of the program, selecting only the top 5 companies to be admitted. The five selected startups are:

  1. BrainCities: A protocol for smart cities with an AI layer, which has use cases in many verticals. Clients currently include HP, SAP and many more to develop further products using their AI.
  2. Topl: A blockchain built to facilitate transparent, high-yield investments into emerging markets, already with projects sourced from Colombia, India, and Ghana.
  3. VREO: Real-time, in-game video gaming advertising platform for real-world companies that is in talks with large gaming studios to implement their blockchain ad-technology.
  4. Based Global: An entertainment startup with an engine to decentralize live events and ticketing through a unified sales framework, protecting fans and artists from scalpers & counterfeits.
  5. Wunder: Created an infrastructure for managing and renting digital arts for museums, galleries andartistic foundations. The first team in the world to digitalize art on a prior platform, ArtPlus.

Iconiq Lab will sell 15,000,000 ICNQ tokens in total for a targeted fundraise of €10,500,000. The public sale is planned for Q2 2018 as Iconiq Lab explores regulatory approval from the German securities regulator, BaFin. For all Iconiq Lab updates and to join the community, join the Iconiq Lab Telegram channel: https://t.me/iconiqlabchat.

“I don’t know which is more exciting, the amazing investor feedback we have received in our first presale, or that our startups have finally joined us in Frankfurt for the accelerator program”, says Iconiq Lab CEO, Patrick Lowry. “We are excited to launch our full token sale and accelerator program and can’t wait to support our startup’s ICOs. There are exciting times ahead for Iconiq Lab, its ever-growing community, and the ICNQ token holders!”

Dimitro Chupryna, co-founder and Managing Partner of TaaS, said “TaaS’ contribution to Iconiq Lab represents a logical development and continuation of the collaboration we began half a year ago. We are interested in the establishment of a favorable environment for smart investments in promising blockchain projects. Iconiq Lab fulfills this objective for the growth capital TaaS aims to provide. Their team of experienced VCs and investment managers have the skills to evaluate and launch successful ICOs for early-stage companies. Their business model of creating tangible and sustainable investment products in the crypto economy is something the markets sorely need.”

“The amazing resonance from investors in Iconiq Lab’s first presale shows that topics such as ICOs, Tokenization and blockchain technology in general continues to attract great interest. We are very pleased to be able to work with such a professional team as Iconiq Lab in the crypto area and look forward to supporting the ICOs from the startups which are part of the first batch of Iconiq´s accelerator program”, says Stefan Schütze, member of the management board of FinLab.

About Iconiq Lab:

Iconiq Lab is an Initial Coin Offer and Token Sale accelerator program. Iconiq Lab sources, funds, develops and accelerates top crypto, blockchain and tokenizable startups to their own ICO or Token Sale. Iconiq Lab launches startup’s tokens supported by real-world, sustainable business solutions.

Press contact:

Iconiq Lab Accelerator GmbH

[email protected]


Phone: +49 157 809 42107

About TaaS:

Token-as-a-Service (TaaS) is the next generation tokenized closed-end fund actively contributing to the development of the blockchain ecosystem. Utilizing Ethereum blockchain and its Cryptographic Audit technology, TaaS offers a brand new comprehensive approach to capital raising, fund management, and auditing with full transparency for its token holders. TaaS was co-founded by blockchain pioneers Ruslan Gavrilyuk, Dmytro Chupryna, Maksym Muratov, and Konstantin Pysarenko, and employs professional managers hailing from the U.S., Ukraine, Poland, Romania, South Africa and China. TaaS generated a 61% ROA for its first fully-operational quarter (May 1 – August 1, 2017) and a 72% ROA for its second operational quarter (August 1 – October 31, 2017). During its’ third fully-operational quarter (November 1, 2017 – January 31, 2018) TaaS capital gains exceeded 22,2 million USD(T) equivalent. Based on the results of the third quarter, TaaS outperformed the global cryptomarket by (generated Alpha of) an est. 82% and Bitcoin by over 205%. As per its covenants, TaaS distributes 50% of capital gains to its token owners, reinvests 25% back to its portfolio and keeps 25% as a performance fee. TaaS token (TAAS) is currently traded on Bancor Network, EtherDelta, Liqui, Livecoin, Orderbook, HitBTC, and CoinExchange.

Press contact:


[email protected]


About FinLab AG:

Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A.GR) is one of the first and largest company builders and investors focused on the Financial Services Technologies (“FinTech”) sector in Europe. FinLab focuses on developing German FinTech startups and providing venture capital for their financial needs, whereby in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in FinTech companies, primarily in the USA and Asia.

Press contact:

FinLab AG:

[email protected]


Phone: +49 69 719 12 80 0