• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    best crypto airdrops

    List of the Best Crypto Airdrops for July 2022

    How to Withdraw Money from Crypto.com

    How to Withdraw Money from Crypto.com

    4x.fm

    4x.fm Launches a New Copy Trader Technology

    best mining motherboard

    Best Mining Motherboard for Cryptocurrency in 2022

    Where to Buy Evergrow Coin

    Where to Buy EverGrow Coin – A Complete Beginners Guide

    how to buy safemoon on bitmart

    How to Buy Safemoon on Bitmart – A Complete Beginners Guide

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Basic Tips: How to Launch a Successful ICO

Vladimir C. by Vladimir C.
October 31, 2018
in Crypto 101

Ever since cryptocurrencies started to claw their way more and more into the mainstream, ICOs (short for Initial Coin Offerings) have become one of the main talks within the crypto community as well as the governments of various countries.

The first ICO to ever take place was the Mastercoin (now Omni Coin) ICO way back in 2013. The event lasted one month and managed to raise about $750,000.

What are ICOs?

ICOs can be defined as efficient ways of raising capital for various cryptocurrency projects. An ICO is basically a type of crowdsale, where an organization releases its own cryptocurrency in order to fund its present or future project development.

During an ICO, the organization responsible issues some tokens which are subsequently sold to interested parties and investors in return for popular cryptocurrencies such as Bitcoin and Ethereum and, in some cases, even fiat cash.

CNBC.com

How to ensure the success of your ICO?

Hosting a successful ICO from scratch is a monumental task that requires a lot of work, funds, and time. According to various studies, it takes about $60,000 to launch such a campaign for a typical crypto project.

Of course, creating and launching a successful ICO usually requires a staggering amount of planning. To help you at least get an idea about the process, we’ve created a list with basic tips on how to launch a successful ICO.

Come up with a good idea

The whole point of any project should be to innovate, hence, make sure you understand the market and what it currently needs, and come up with a useful solution, something that your competitors haven’t thought about yet.

This brings us to another point, namely the competition. It’s important to know who you’re competing against. The main goal should be, of course, to offer something fresh, something that the market needs and haven’t seen before.

Do your research on ICO regulations

As cryptos become more and more popular, lots of governments have already partially, or fully regulated, or are considering regulating them. The same goes for ICOs, which are the most regulated aspect of cryptocurrencies. Even though ICOs are legal in most countries, you should take the time to know all the legal aspects.

Create a solid distribution plan

Creating a unique and useful token is of the utmost importance when it comes to ensuring the success of your ICO. In addition, it’s just as important to come up with a solid distribution plan. An ICO can have a private sale, a pre-sale, a general sale, and other different stages of the sale.

Write a comprehensive whitepaper

A whitepaper is a technical document that describes as many aspects of your project as possible. To put it as simple as possible, the better the whitepaper, the more chances your ICO will be a successful one. The whitepaper should cover a wide range of aspects such as your vision of the project, development strategies, architecture and goals, information about the token and the aforementioned distribution method. Additionally, a good whitepaper should also include all the available resources for the project, a description of the team, a list of early investors, and all the legal issues involved.

Create a top-notch website

Having a good-looking, practical, and comprehensive website for your project is also one of the most important things, especially from an investor’s perspective. A good website and a serious team offer any project credibility. The website should contain a complex description of the project, of the team behind it, high-quality photos, brief biographies, an FAQ section, and a clear roadmap, subscription forms, presentation videos. Last but not least, it should offer visitors the option to connect to all the project’s important contact information and exterior resources.

Make the project known within the crypto community

The success of your ICO is also directly related to how much exposure you are able to provide for the project, the website, and the ICO itself. That is why it is important to make sure that you have a strong PR team capable of creating an attractive PR-campaign. It’s also important to ensure that there are always accessible communication channels between potential investors and the team behind the project.

Make sure that your project and ICO reach as many popular crypto forums and ICO calendars. Reddit, Quora, Slack, Telegram, Facebook, LinkedIn are also very good channels for engaging with the crypto community. To conclude, trigger as many public relations and marketing channels as possible.

Keep your ICO and potential investors safe

Security needs to be one of your primary concerns during the ICO. Considering that your ICO will be embraced by the crypto community, you should expect a great number of users to reach your website all at the same time. Makes sure that your website can withhold great numbers, and make sure that the hosting service is reliable.

ICO hacking has become a mainstream practice these days, as more and fraudsters try to get client information as well as the tokens. At the very least, you should ensure that you protect your website and ICO against phishing attacks.

Conclusion

When it comes to crypto projects and ICOs, success doesn’t come overnight. This guide is meant to be used in order to ensure that your ICO will be as good as possible. At the end of the day, your ICO will be as good as how much work you and the team put into it.

Tags: CryptoCryptocurrencyICOInitial Coin Offeringtoken
Previous Post

Venezuela's National Digital Currency— Petro Listed on Six Exchanges

Next Post

Cryptos Should be Exempted From Tax—Ron Paul

Vladimir C.

Vladimir C.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

best crypto airdrops

List of the Best Crypto Airdrops for July 2022

by Aggrey A.
July 1, 2022

Another month is here, and crypto enthusiasts have another opportunity to claim themselves airdrops that are active in July. This...

How to Withdraw Money from Crypto.com

How to Withdraw Money from Crypto.com

by Aggrey A.
June 29, 2022

Before anyone can learn how to withdraw money from Crypto.com, they should first have an overview of Crypto.com and what...

4x.fm

4x.fm Launches a New Copy Trader Technology

by Hellen
June 27, 2022

Copy trading, also referred to as social trading, has been on the rise for more than a decade and is...

best mining motherboard

Best Mining Motherboard for Cryptocurrency in 2022

by Aggrey A.
June 27, 2022

The era of mining using your CPU is past us, as they tend to have a lower ROI, and their...

Where to Buy Evergrow Coin

Where to Buy EverGrow Coin – A Complete Beginners Guide

by Aggrey A.
June 20, 2022

Where to buy EverGrow coin? the answer is here. There has been exponential growth in the cryptocurrency market, leading many...

how to buy safemoon on bitmart

How to Buy Safemoon on Bitmart – A Complete Beginners Guide

by Aggrey A.
June 14, 2022

Safemoon is one of the tokens created using the popular DeFi technology. The decentralized peer-to-peer payment mode rewards buyers and...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

best crypto airdrops

List of the Best Crypto Airdrops for July 2022

July 1, 2022
How to Withdraw Money from Crypto.com

How to Withdraw Money from Crypto.com

June 29, 2022
4x.fm

4x.fm Launches a New Copy Trader Technology

June 27, 2022
best mining motherboard

Best Mining Motherboard for Cryptocurrency in 2022

June 27, 2022
  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.