ICO is the fundraising technique on blockchain, which project owners can use for raising funds. The project owners will get fiat money for the crypto tokens. The startups develop whitepaper that will explain about current problem their projects can solve. On reading this whitepaper, investors in decentralized environment decide if to invest or not. Thus, you must look for the best ICO marketing services to go ahead.
Initial Coin Offering or ICO mainly refers to unregulated process to raise funds for the cryptocurrency project. This process also involves selling of cryptocurrency to investors for bitcoin and legal tender. It is quite same to IPO and where investors buy the company shares.
Check Out Team Involved
Behind successful ICO project, there’re knowledgeable blockchain experts and developers. Most of the people with the basic knowledge on blockchain & coding will claim to have expert knowledge. Thus, it is very important to go a bit deeper in every individual in a marketing team. It helps you understand the qualifications. Obviously, very much like other campaigns, it is not without the risks. From get-go, you have to follow some guidelines to raise the campaign’s odds of succeeding:
- Build trust just by designing the best-quality and responsive website and staying active on the social media networks.
- Find right balance in number of tokens that you plan to give away.
- Set aside solid goal for airdrop campaign & do not depart from that.
Developing ICO is one grand culmination of various efforts, and good ICO launching firm will have each single aspect in proper place, hence they don’t fail their customers.