IBEx Launchpad rating system
IBEx helps you discover “gems” at different levels of maturity. Investing in a start-up or a grown-up is about believing in its team, its market and its development potential.
It also means being aware that you can lose everything if the start-up does not find its market, which happens in 90% of cases.
Finally, it is about the pleasure of having participated in the birth of a company that changes the world when it is part of the 1% that scales up.
The IBEx team performs a number of checks before accepting a company’s entry into its Launchpad and accompanying it to issue a token that is offered to you for purchase. We never guarantee a good financial deal, but we believe our role is to identify the best projects with the best teams, to help you understand where their product is in its development cycle, and at what stage of maturity for their market.
How do we identify the files?
We receive a large number of candidates via our websites, our social networks and our professional network. We also have a network of partners for cases with a strong societal or environmental impact.
As the months go by, we observe that the potential token issuers who wish to work with us are companies with an increasing seniority and maturity on their market and in terms of business model. Without the disappearance of “pure metaverse” start-ups, tokens can ultimately be useful to all. Our mission to support companies of all kinds with a real underlying is more and more tangible, which makes us very happy.
We refuse 4 out of 5 cases, we believe that this key indicator will increase to 9 out of 10 in the coming months (Binance has a global ratio of 1/10000). Our duty is to be demanding towards issuers wishing to use our Launchpad and that they correspond to our specifications.
What are the rating criteria?
Once the access to the launchpad is validated, each project is carefully analyzed by our scoring team.
Among the important elements taken into account and contributing to the final score, are considered :
- the quality of the underlying: this is the reality and credibility of the target activity requiring the financing,
- The team: do the individuals making up the team have references? Have they proven by their past achievements to be able to lead this type of project or have they already made the mistakes they will not reproduce after having learned? In addition, IBEx requires a complete verification (KYB) of the structure that carries the project in order to verify that it is not a question of saving a desperate situation for the company (collective procedure, etc.).
- Market interest: is there competition in this market? Is this topic already addressed? Having competitors is often a sign that a market exists and that is good news.
- Tokenomics: the economy of the token described, allows to understand the way in which a participant could obtain a surplus value linked to his investment.
On the launchpad, we attach particular importance to this criterion. This is why, at this stage, we only select companies that accept to make a “PRP” (Perpetual Repurchasing Plan): a deflationary mechanism that allows to use a part of the value created by the company (its turnover for example, easy to measure) towards the holders of the token by repurchasing it from them, if possible at a higher price than the price they acquired it.
The IBEx rating grid
The grid below provides consistency in our scoring and makes this process transparent.
Critère | AAA | AA | A |
|---|---|---|---|
Underlying | Exists and profitable | Exists, profitability to be demonstrated | Does not exist but credible team |
Team | Exists and has proven | Exists and must demonstrate | Does not exist but credible project leader |
Market interest | Exists and has proven | Exists and must demonstrate | Does not exist but credible subject |
Tokenomics | Exists and has proven | Exists and must demonstrate | Does not exist but credible |
To go further
IBEx indicator ?
On each of the simplified launchpad notices, you will find a set of pictograms describing the opinion of the IBEx experts.
First, the rating, obtained with regard to the criteria already mentioned.
Then the investment horizon
The investment horizon is IBEx’s estimate of the optimal holding period for an investment.
ST or Short Term = the first PRP arrives between 1 and 6 months after the beginning of the fundraising
MT or Medium Term = the first PRP arrives between 6 and 12 months after the beginning of the fundraising
LT or Long term = the first PRP arrives between 18 and 36 months after the beginning of the fundraising
Here again, it is not an advice given by IBEx but its opinion, based on its experience of the market and its objective analysis rules.