I would say that Initial Exchange Offering (IEO) is the best option for raising funds than ICO or equity crowdfunding.
Let’s see the differences between an IEO, ICO, and Equity Crowdfunding.
IEO is a fundraising program.
Next is the announcement of the token sale.
Though ICOs gained popularity in 2017, they lacked multiple security features.
Equity Crowdfunding or IPOs are online offerings of private company (business) securities to a group of people, the so-called shareholders for investments.
Needless to say, ICO did create a huge impact amongst the tech geeks and the investors.
Though it was initially hard to move on from ICO to IEO, the adoption did bring in a lot of benefits to both the investors and the token creators.
At the same time, the industry did witness a boom in the IEO development companies.
Unlike ICO, IEO takes place on the exchange platform.
Although ICO did well in the early stages, the loopholes were overly misused.
IEO is developed with the thought that all the shortcomings in ICO should be patched along with providing only credible projects to the target audience.
Many of companies over the world are faced with a problem of funding.
In this article, we will consider Initial Coin Offering (ICO) investment scheme.
But instead of shares, investors or people who just want to support the project buy ICO coins (also known as altcoins) or tokens via Initial Public Offering (IPO).
So, to create your own coin, you have to develop own blockchain from scratch.
So, it takes much less time for a development team to build a token based on existing blockchain solution than to create one on their own.
We hope that we've managed to cover all questions related to 'what is initial coin offering' and 'cryptocurrency coin vs token'.
If you are looking forward to launching in ICO and to participating, you can know here, how they can raise funds and launch a successful ICO and when you start your ICO.
Put simply, a white paper provides a detailed description of a system architecture used in your project; the way it interacts with users.
Still, if you really believe you can do without a white paper, you run the risk of facing serious issues with performing standard ICO procedures.
As it was mentioned above, only a few potential investors will be ready to sink every cent in a business or coin offering lacking proper information on used technology and previous project members experience.
Both following your own way and answering tons of question provide you with a chance to gain useful experience and improve ability to understand project details better.
According to Andrew J. Chapin, an e-commerce and blockchain expert, the founder of Benja.co, and Ship Ninja projects, there’s a list of points common for all white papers.
All you need is a compromise: combine two options to get a catchy longread (academic research paper) full of comprehensively evaluated data (startup business plan).
Traditionally, it must include marketers, blockchain experts, designers, programmers, and alike (20-30 employees in total).
However, according to BlockChainHub statistics, the ICO profit usually overcompensates its budget.
The most optimal registration countries are Cyprus (the world-renowned offshore area) and other economically developed places like Switzerland, the USA, etc.
It’s also great for a whitepaper to feature relative images (e.g description of the financial distribution can be followed by infographics).
In case of positive results, your website is included on the dedicated list.
The proper ICO website features: a user cabinet (which also requires to include various payment methods, integrate your platform with the most popular e-wallets, and, if possible, connect the services like Escrow), newsfeed/blog, ad banner & video presentation, ICO & its stages description, small box with your team’s key members’ stories, whitepaper download link, a bunch of social networking pages links, and a FAQ.