Quantstamp - Blockchain services and the value of Partners in ICOs

(this, to all effects, is fiction, not advice).
Today Mr. Positive Blue and Mr. Negative Red meet Mrs. Inquisitive Brown to analyse the Quantstamp ICO. Mr Neutral Black has made a through reading of the document and Mr Technological Green is around just in case.
- A while ago, we discussed the value of utility tokens and I have seen a recent pre-sale of an utility backed token: Quantstamp. Is this a worthy opportunity?
- In terms of technology, there is a clear need for auditing the smart contracts.
- What is "a smart contract"?
- It is a software program that is held and executed in the blockchain. It is transparent and trustless in its execution.
- Why do they need auditing?
- In the blockchain "the code is law", if you setup a Smart Contract and behaves in an unexpected way or has weaknesses the results can be catastrophic. The most well know examples are the "DAO fork" of Ethereum and, recently, the Parity Wallet multisig bugs.
- So, these bugs can potentially cause millions in loses?
- They can and they do. Even Buterin, the father or Ethereum, has mentioned that it is critical to the ecosystem to have simpler and safer smart contracts.
- So, if I audit an Smart contract it will be error free?
- No! There may still be bugs!
- I see... so it is just trying your best not to have them.
- Correct, and that leads us to Quanstamp. This company offers and automated testing service for smart contracts. 
- But a robot cannot catch bugs, that is for humans!
- Oh, no... there are many software testing techniques and some of them are in fact highly automated. They need to be, as sometimes there are million of combinations to try.
- And also, an automated test can incorporate progressive developments to implement "best practices".
- Best Practices?
- Yep, it is just making sure that you learn from mistakes and do things in the best possible way. It is a bit more complex than that, but just think of it as avoiding mistakes that others made.
- So the company analyses bugs and develops automated tests to catch them.
- That is right.
- And is this project solid?
- It could be just vapourware, and frankly, I do not have the time to go into the code.
- That question leads me to discuss the importance of institutional backup and solid partners. Quantstamp very credible team and just got accepted into the Y Combinator. Also has the backup of at least 6 companies in the sector.
- What is Y Combinator?
- It is an start-up accelerator, one of the bests in the world.
- But that does not mean that is going to succeed. Many companies that were on Y Combinator failed.
- Oh, for sure, but they stand a much higher chance of success, but that is not my point today.
- Then, why is it important to have all that backup?
- Because it is very unlikely to be an scam. Large institutional partners take the time to do the due diligence, so the trust level is much higher.
- So... this token is going to the moon?
- That, I don't know, but its got a rocket and fuel.