Who are you? I am Melody from Spartan group.We are Singapore and Hong Kong based fund as well as advisor. We help projects around the world to fundraise from Asia and it's expanding to Asian markets. Compare with last year and this year, how’s the market? I think what we have seen is a lot more talents are coming into blockchain. A lot of the projects we've seen last year we thought are really good. If you compare it to the new projects coming in, if they go out raise money, now, they will have a hard time. So in general, I think that's a good trend, a better talent means higher quality projects mean more progress are being made technically, and also better investors are will be convinced to join the space and fund the projects in the space. When you talk about mistakes people are making. The top three main mistakes you can mention? 1, We raise money from how to design your funding structure if you have no lock up or if you have too much lock up if you have too concentrated or even have too distributed. 2, The project hasn't had enough international community when they go to market, 3, The hiring and building a team What's the ICO process look like? I'm saying there is no one process fits all. Every project is different. If you are actually retail or consumer based project, you tend to focus on more like what a distributed sort of marketing heavy process some of the projects only raise tokens, or even raised from the community, they want to raise a smaller amount of money, develop it show product, and maybe do something bigger later. I think in general, it's last year, this time was when the market became really hot. But earlier last year, wasn't really hot. And in September last year, it was also very hard. So only around I think June was really good. And end of last year was really easy for projects to raise money, but now on the market is kind of stable, good projects will always still raise but not as good projects will have a harder time, one thing we do see is because of regulatory consideration, more and more projects are shying away from doing a proper crowd sale. That's kind of unfortunate because you do want to use it an opportunity to distribute it widely. I am a bit worried about that. Like whether projects will miss an opportunity, you know, like I said earlier, to use ICO as a way to really distribute their tokens widely. So that's one thing I think is a significant difference is regulatory wise people a lot more aware of what they can do with the cannot do. What's your view of regulation. 1, You need to follow whatever is existing, try your best. 2, I do know they're more progressive governments are trying to come up with schemes that are more suitable to regulate tokens. And I think, you know, if you follow the existing regulations in the US, it's not like you cannot do one, you just have to be first of all, very decentralized and secondly, you have to have a real product so your token has utility. So if you are able to achieve all of these, then you can do a proper distribution. How’s Singapore? Yeah, Singapore has been considered the hub for Asia many projects, moved their headquarter to Singapore because they consider it's a more regulatory friendly place. For us, I think two things regulation is quite straightforward the security law is very easy to interpret it and secondly is it's a good center for expansion you can expand into Southeast Asia I can expand into China so geographically, we like we're very Asia focused. We believe adoption and investor interest. Asia is second to none. And in terms of regulation, and Singapore is probably the most friendly out of Asia. Heidi Yu on Social Media: YOUTUBE- http://bit.ly/heidiyu INSTAGRAM- https://www.instagram.com/heidihanyu/ FACEBOOK- https://www.facebook.com/heidi.han.yu TWITTER- https://twitter.com/heidihanyu Support Heidi's startup: http://www.BOOSTO.io Support crypto community: http://www.cryptoinfluence.io