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Showing posts with the label ICO Development

How ICO Works?

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In the last two years, ICOs were the talk of the town. The crowdfunding blockchain-based way of raising funds for a project emerged as an alternative for companies and startups to make public offerings. The method has been very helpful to incentivize innovation and offers new blockchain based solutions that can change our day-to-day lives. As we mentioned, ICOs are just like crowdfunding. They raise funds by getting money from investors that, in return, get tokens that will become valuable in a mid or long-term. ICO Development But how an ICO works? Well, these are four pivotal steps to an ICO launching: Pre-Announcement: Build a buzz and a community before launching the ICO is very important to make the target audience aware of the project. This is an initial part of the marketing strategy, putting the word out there about your offering while the white paper and other more technical content are being produced. Offering: The final version of the white paper is ready, a...

How does an ICO make money?

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How does an ICO make money? That is a very common question for those who are thinking about starting an Initial Coin Offering. This alternative funding mechanism is a great way for small companies and startups to raise money without having to ask for a bank loan, for example. To answer the question in a very simple way, an ICO is just like a crowdfunding, so it makes money by raising funds from people who believe and want to invest in a project or company. And, in return, the investors get an amount of token proportional to the money they invested. Now you must be thinking about how the whole ICO process works, right? To start, needless to say, there must exist an idea or strong idea and plan to be executed that can catch the eye of potential investors. After that, these are the phases of an ICO launching: Ideation & Whitepaper Creation - Every ICO has to have a Whitepaper. A document where the company explain all about their project, what problems they want to solv...

ICO Listing - Blockchain App Factory

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Everything is ready. You have a great project, potential investors and the coin was developed with perfection. Now is time to list your coin in the exchanges platforms. This is one of the most important steps when launching an Initial Coin Offering. An ICO listing is the way to give the needed exposure for your coin or token, in terms of further trading. Even if you already launched your token in a decentralized exchange, such as Ethereum, is important to have it listed in other exchanges, so your investors and coin holders have more freedom and flexibility to perform trades. Although listing a token sound like a simple process, the crypto exchange platforms usually have a very strict policy and criteria to accept a coin. Let’s take a look at some of the most usual guidelines: Product - As a great number of ICO turned out to be scams, the exchanges want to make sure the offering has a real product. Projects with prototypes of demos of the product are one step ahead in the...