An Initial Coin Offering (ICO) is the cryptocurrency industry’s equivalent to an Initial Public Offering (IPO). Many business entities prefer ICO for their start-ups because of the multiple benefits involved with it, mainly the higher return possibilities compared to the initial investment.
ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company.
These coins are referred to as tokens and are similar to shares of a company sold to investors in an IPO. If the money raised does not meet the minimum funds required by the firm, the money may be returned to the backers and the ICO is deemed unsuccessful.
You should also ask yourself if you really think that your business will actively benefit from an ICO. Basically, after reading this article, you should consult someone who can take a look at your specific idea and tell you if it is a slam dunk or not. If it's not, you might be better off going through safer avenues of funding.
Connect with us for ICO services.
Before that, you must know the insights of every process involved with an ICO, to communicate and develop it, according to your preferences. For that, first, let’s find out what are all the steps involved with an ICO development.
ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. Many view ICO projects as unregulated securities that allow founders to raise an unjustified amount of capital, while others argue it is an innovation in the traditional venture-funding model.
You need to have a clear idea about the motive behind your ICO and the benefits it will provide to the customers, to drive them towards your business. After forming the idea and the structure, you must conduct research on what the existing competitors are offering, to enhance your business and provide unique solutions.
ICO investments and projects have been great hits just before two or three years.
But, as of now, fraudsters and other illegal brands dive in to raise only funds, not their project ideas into reality.
Instead of blindly investing in ICO tokens or developing it without any clear vision, know the end-to-end process of professional ICO development and then proceed!Let's get into the details of ICO right now without retarding your success!What is an ICO?Initial Coin Offering(ICO) is the popular crowdfunding technique that is traded in exchange for fiat or popular cryptocurrencies by start-up or established businesses to proceed with new project ideas.
In early 2017, many giant projects dived in and made millions of fundraising to make their dream projects into reality for the welfare of society.It's not that only crypto-based projects must raise funds through ICO; any interesting projects that may gain traction among investors can head up.
ICO funds are sold out based on the trading potential and legitimate process of the project.
To follow the professional ICO launch, you must know the step-by-step process followed in the ICO development company!Now let's get into the end-to-end process of ICO launch!Phases of ICO Launch ICO launch succeeds when heads through the following professional's steps.
Its protocol was designed with broader and more ambitious functionalities.
Thanks to this, they obtain great flexibility and usability in different scenarios.
All this governed by a set of rules that allow interoperability in the Ethereum ecosystem, with the wide variety of tokens and other decentralized applications ( DApps ) compatible with each other.The purpose of these rules is to allow the coexistence of other tokens on Ethereum, without diminishing the evolutionary capabilities of blockchain technology or the platforms that use them.
In this way, DApps developers have ample freedom when programming their applications and effectively tokenizing their projects.
It is used to identify and differentiate the created token from other existing ones.
This element refers to the symbol or abbreviation of the token.
None of the products in this world reaches the target audience without appropriate marketing!
We can take up your IEO to the target audience for fundraising with ingenious marketing strategies!IEO Marketing Services
The most awaited launch date of ICO sales for K-Chain tokens is finally out and live.
Yes, We will be live from March 13.
It is an ERC-20 token running on an Ethereum blockchain.
It is expected to be enlisted along with the vogue of Bitcoin, Ethereum, Ripple, etc.
Cornerstone Features of KCT making it IndisputableKCT comes along with enticing features that cut down all the barriers on its way up to join the already existing leading cryptocurrencies.
KCT is made relevant and procurable all over the world.KCT can be transferred in an effortless manner similar to the P2P transactions we practice on a daily basis.The KCT wallet does not have restrictions on other cryptocurrencies; it supports all the significant cryptos.KCT will be enlisted on the most prominent P2PB2B like Probit, Bittrex, Beaxy, and Kraken.
