Krypton Capital and its founder and CEO Ilan Tzorya are pleased to announce the company has become a member of the Blockchain Investors Consortium (BIC) with a mission to facilitate the development of the initial coin offering (ICO) market and help identify safe and mutually beneficial investment opportunities.

BIC was established in August 2017 by serial entrepreneur and investor Mike Costache, co-founder and managing partner of KrowdMentor, with a stated aim of helping investors survive and make a profit in the "Wild West" world of ICOs and cryptocurrency assets. Currently, there are 150 consortium members ranging from individual investors to crypto hedge funds with over $5 billion of digital assets under management.

BIC members help each other make better investment decisions by sharing the results of due diligence, which is vital in a market where nearly 20% of the projects are possible scams.  Considering that ICOs do not typically have to comply with strict regulatory requirements, investors are forced to do the detective work themselves and separate the wheat from the chaff. BIC contributes to the development of a secure and profitable environment and helps to unlock co-investment opportunities in the most promising blockchain projects.

"ICOs are still at their early stages, thus creating a safe and cooperative investment climate is an essential prerequisite for a stronger and more mature market. Blockchain Investors Consortium offers an ideal opportunity to mitigate risks and foster cooperation between market players to weed out bad actors, which is perfectly aligned with our investment philosophy," noted Ilan Tzorya.