Our Clients
Consulting24 Team
Mardo Soo
Founder
As the CEO at Consulting24, my primary mission is to provide a clear path for innovators to launch their own token. We specialize in deciphering complex procedures, particularly around ICOs and token launches via ICO launchpad. Our steadfast dedication to facilitating a seamless journey towards licensing, including ICO campaigns, distinguishes our unique role in this global revolution. We are not just about navigating the present; we're about shaping the future of crypto operations.
Lena Elvbakken
Co-Founder
At Consulting24, our mandate is to lead ambitious trailblazers through the maze of ICO and token launches in the crypto hubs of Estonia, Lithuania, and Dubai. Our relentless commitment to making ICO and token launch procedures straightforward underscores our unique role in this global evolution.
Why Launching ICO in Estonia is a Game Changer for Token Issuers
Launching an Initial Coin Offering (ICO) can be a complex endeavor. Still, Estonia has positioned itself as an excellent choice for several reasons:
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License-Free Token Issuance: In Estonia, you can issue your own token and launch an Initial Dex Offering (IDO) or an Initial Exchange Offering (IEO) without the need for a license. This greatly simplifies the initiation process.
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0% Corporate Tax: Estonia imposes a 0% corporate tax rate. Therefore, funds from the token sale can be reinvested into the project's development, reinvestments, or loans, without any tax deductions. This significantly accelerates your project's growth and scalability.
Please note that we only work with projects intending to issue tokens for use as payments or prepayments on their platforms.
As your platform begins operations, obtaining a crypto license becomes necessary. To help you choose the most suitable jurisdiction for your crypto venture, we've provided a comparison of crypto licenses for Estonia, Lithuania, and Dubai below.
Estonia vs Lithuania vs Dubai: Decoding the Cryptocurrency License Landscape
Feature | Dubai | Lithuania | Estonia |
|---|---|---|---|
Cost | 20 000€ | 20 000€ | 25 000€ |
License Type & Government fee | 1. 9,700€ - Advisory Services & VA Transfer and Settlement Services | 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
| 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
|
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services | No additional fee | 10 000€ | |
Audit | May be required by VARA | Not required | Monthly and yearly are needed |
Office | Required | Can be virtual | Required |
AML (Anti-Money Laundry Officer) | Can be any nationality | Local needed | Local needed |
AML monthly salary | 5000€ | Starting from 1200€ | Starting from 2000€ |
Local director | Can be any nationality | Can be any nationality | Can be of any nationality, but have to live in Estonia |
Share capital terms | Immidiately | 25% now, 75% within a year.
| Immediately |
Required share capital | 24,250€ (Advisory Services) - 194,000€ (Exchange Services)
| 125 000€ | 100 000€ - Crypto wallet and custodian services license.
250000€ - Cryptocurrency exchange license |
The Simplified Path to Token Launch: IDO and IEO Platforms for ICOs - Blockchain ICO Consulting Insights
Launching an Initial Coin Offering (ICO) is a significant endeavor and involves a range of legal, compliance, and technical challenges. One key consideration is that token sales conducted via your own website effectively make you a crypto exchange, requiring appropriate licensing to verify all buyers.
In many instances, we at Consulting24 recommend exploring options like Initial Dex Offerings (IDO) or Initial Exchange Offerings (IEO) instead. These platforms have the advantage of offering a more simplified, trusted way to launch tokens.
In our role at Consulting24, we aid in initiating IDO or IEO launches by linking our clients to esteemed launchpads like Occam, Solanaprime, Sheesha Finance, as well as the foundations of networks like Velas or XDC. Our mission is to ensure a streamlined and successful token launch for our valued clients.
Running your token launch through an IDO or IEO platform has several notable benefits:
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Built-in Community: These platforms have their own established user bases, which can provide an initial pool of potential investors for your token launch.
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Marketing Support: Most IDO/IEO platforms also come with marketing assistance, which can be invaluable in driving attention and interest towards your token.
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Compliance and Legal Frameworks: IDO/IEO platforms already have compliance and legal structures in place. This significantly lowers the legal and compliance risks associated with token launches.
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Speed and Ease: With these structures already established, the process of launching your token becomes considerably faster and more straightforward.
In short, leveraging an IDO or IEO platform can be an efficient, secure, and trusted way to bring your token to market.
Why Consulting24?
Making Waves in Crypto Advisory: Over 500 Licenses Secured by Consulting24
