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What Is ICO And How To Launch It Swiftly?
What Is ICO And How To Launch It Swiftly?

August 13, 2021

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Over the years, crowdfunding campaigns have taken a digital surge in the form of ICOs. ICO or Initial Coin Offering is a fundraising technique adopted by start-ups and entrepreneurs. Here the fundraising occurs around crypto and blockchain spaces. When start-ups decide to move on to their next level or if they come up with a unique project, they will opt for ICO to collect funds to kick-start their projects.

 

What is ICO, and how does it work?

 

The ICO or Initial Coin Offering is a crowdfunding tool for entrepreneurs who run crypto-based businesses. The companies will raise their funds by creating tokens/coins and sell them in exchange for their investment. 

 

Steps involved in developing an ICO

 

  • The first step towards product development is idea generation. At this stage, you will ideate your thoughts and approach the ICO development companies. 
  • After your ideas are shared with the ICO development company, the experts will create your white paper, which is the road map for success. 
  • Your respective development company will start designing your ICO platform. Based on the target audience, your ICO landing pages will be created. 
  • Before launching your ICO proceeds with the pre-launch marketing, you can choose a powerful social media platform to market your ICO.
  • The blockchain developers will start creating your tokens according to your prescribed standards. These tokens will be exchanged with the investors. 
  • After creating the tokens, the developers will start with developing your wallets. It will run on multi-currency support for you to send, receive and store coins and tokens securely. 
  • Once the ICO development is completely done, you can proceed with your post-marketing activities. 

 

Summing up,

 

ICO is the latest hot topic going around the market. If you are on the verge of developing your ICO, then we suggest you find blockchain developers who can assist you right from the ICO ideation stage to the post-launch services. 

 


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