trade.io's Trusted Multi-Step Vetting Process

trade.io Consulting Limited works with companies who are dedicated to enhancing processes, revolutionizing technology, and providing global access to improve the quality of life by utilizing blockchain technology. The crypto currency industry has seen tremendous growth over the past 24 months through the use of crowdfunding mechanisms known as ICO. ICOs provide new companies and projects with the initial funding needed to bring their projects to fruition. Unfortunately, such growth attracted so much attention that resulted in the unethical and immoral actions of hackers, scams, and fraud.

trade.io Consulting takes pride in only working with vetted projects that pass our strict due diligence process. Details of the vetting process can be found below. Our goal is to present ICO Clients, Investors, ICO participants, and Institutional funds a way to filter out the bad from the good. While it is impossible to predict the future, trade.io Consulting Limited hopes to reduce the fear and uncertainty for our users and clients.

1
Personal Contact with ICO Project Team and Review of Project Materials
  1. Video call with the project stakeholder
  2. Review of White Paper
  3. Review of website
  4. Review of one pagers and other promotional materials
  5. Review of legal opinion, operating jurisdiction, and target market
  6. Review of ICO strategy, business model, marketing strategy, position, resources, etc.
2
Thorough AML and KYC Vetting
  1. All project advisors, directors, and UBOs MUST provide:
    1. Proof of identity (passport, national ID card)
    2. Proof of address - issued no more than 3 months prior (i.e. bank statement, utility bill, tax assessment)
    3. Selfie with identity document
  2. Required Company Documents:
    1. Extract from Official Online Commercial Register (Alternatively Certificate of Incorporation, Memorandum and Articles of Association)
    2. Corporate UBO(s) (Additional information for profiling the business relationship)
    3. Corporate BoD(s) (Additional information for profiling business relationship)
    4. Identification of the controlling person(s) of operating legal entities and partnerships)
  3. Real time AML screening of 258 lists including Sanctions, Watchlists, PEPs and Adverse Media

Disclaimer: The Company recognizes and confirms that in performing its duties pursuant to all ICO Consulting Engagements, trade.io will be using and relying on data, material, and other information (the “Information”) furnished by our ICO Consulting Clients, their employees and representatives. In connection with trade.io’s activities on the Company's behalf, the Company will cooperate with trade.io and will furnish trade.io with all Information concerning the Company and the Transaction that trade.io deems appropriate and will provide trade.io with access to the Company's officers, directors, employees, independent accountants, legal counsel and the Company’s books, records and other information, for the purpose of performing trade.io's obligations pursuant to the consulting engagement. The Company hereby agrees and represents that all Information (a) furnished to trade.io pursuant to the consulting engagement mandate agreement and (b) contained in any filing by the Company with any court or governmental or regulatory agency, commission or instrumentality (each, an “Agency”) shall be accurate and complete in all material respects at the time provided, and that, if the Information becomes materially inaccurate, incomplete or misleading during the term of trade.io's engagement hereunder, the Company shall immediately so advise trade.io in writing. Accordingly, trade.io assumes no responsibility for the accuracy and completeness of the Information. In rendering its services, trade.io will be using and relying upon the Information without independent verification thereof or independent evaluation of any of the assets or liabilities of the Company and trade.io shall not be required to conduct a physical inspection of any of the properties or assets or to prepare or obtain any independent evaluation or appraisal of any of the assets or liabilities of the Company or any potential party to a Transaction or to make any determination as to the solvency of any party. With respect to any financial forecasts or projections made available to trade.io by the Company or any potential party to a Transaction and used by trade.io in its analyses, trade.io shall be entitled to assume that such forecasts or projections have been reasonably prepared and reflect the best currently available estimates and judgments of the management of the Company or any potential party to a Transaction, as the case may be, as to the matters covered thereby.